Why Choose TSEC? A Trusted and Reputable Company

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Tyrone Sherman
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1 Company Profile

Why Choose TSEC? TSEC Corporation is composed of an elite team of individuals in Taiwan who are dedicated to unlocking the potential of solar power for a greener, better world.

2 Why Choose TSEC? TSEC Corporation is composed of an elite team of individuals in Taiwan who are dedicated to unlocking the potential of solar power for a greener, better world. Our mission is clear to develop solutions for reducing greenhouse gas emissions by producing and distributing solar cells, modules, and operating power plants. TSEC is proud to supply our Made in Taiwan products to the world. Established in June 2010, TSEC specializes in producing top quality crystalline silicon solar cells and modules. With our total production capacity is already slated to reach 2GW by 2018, we have become a leader in the global PV market. To further shore up our position in an increasingly competitive market, TSEC has teamed up with experienced experts from the semiconductor and photovoltaic industries to better fulfill our philosophy of providing high efficiency, first-rate quality, innovative R&D, quick response time, and impeccable service. A Trusted and Reputable Company 13th National Innovation Award. Growth Excellence Leadership Award Solar Power by Fost & Sullivan. TSEC is the first company in the world passing the ITRI and UL PID test, which can be mass-produced and is the most stringent solar module quality testing. Mono-crystalline / mono-like crystalline solar cell and monocrystalline solar module awarded the Taiwan Excellent PV Award 2014~2016. Ranked 24 th in the Top 500 High Tech Growth Companies in Asia-Pacific by Deloitte & Touche.

3 Company Overview Company Name: Headquarters Location: Plant Location: Established Date: Paid-in Capital: TSEC Corporation New Taipei City,Taiwan Hsinchu Industrial Park, Hsinchu County, Taiwan June 24, 2010 USD 136 million Subsidiaries & Offices TSEC America Inc. Location: Established Date: Tel: Fullerton, California U.S.A January 22, Formosa Sun Energy Corporation Established Date: Main Products: Paid-in Capital: March 30, 2012 Solar power plant construction and power plant operation USD 6.37 million Thailand Sales Office Location: Joint Venture RiTS Solar B. V. Location: Established Date: Tel: Fax: Bangkok, Thailand Ridderkerk, The Netherlands April 28,

4 Solar Cells Made in Taiwan: Solar Cells of Unparalleled Quality TSEC supplies high quality multicrystalline & monocrystalline silicon solar cells manufactured from a single source in Taiwan to maintain quality standards. In addition, we offer different specifications of solar cell products to meet all client demands and expectations: V-Cell Series Featuring efficiencies exceeding 21.2% for monocrystalline and 19.8% for multicrystalline solar cells, the V-Cell Series is the pinnacle of Passivated Emitter and Rear Cell (PERC) technology. Our V-Cell products have been supplied throughout European and Japanese markets. E-Cell Series Our high quality E-Cell Series of products boast efficiencies exceeding 20% and 19% for monocrystalline and multicrystalline solar cells, respectively. V-Cell 5BB Mono Cell E-Cell 5BB Multi Cell V-Cell 4BB Mono Cell V-Cell 4BB Multi Cell V-Cell 4BB Full-Square Cell E-Cell 4BB Mono Cell E-Cell 4BB Multi Cell PERC(Passivated Emitter and Rear Cell ) Technology Our V-Cell series utilizes advanced PERC technologies, including a backside passivation layer, and lowers the surface recombination velocity while increasing the back surface reflection rate, open circuit voltage, and photoelectric efficiency. High Conversion Efficiency Rate Using the proprietary DuPont Solamet silver paste on the front and rear side of our solar cells has enabled TSEC to gain an additional 0.15% conversion efficiency, pushing the total to 21.2%. Conforms to RoHS/SVHC Standards Conforming to RoHS/SVHC standards ensures the Pb content of our products is within the safe range and meets to all environmental regulations. PID-Free(Potential Induced Degradation) TSEC adopts the most frequently used method for PID testing and acceptance standards for single assembled cells. Our precision parameter adjustment technique ensures optimal performance during PID testing. All TSEC cell products are PID-free and have passed PID testing for 300hrs (-1500V, Temperature: 85, Moisture: 85%).

5 Solar Modules 72 4BB Mono & Poly Series 60 4BB Mono & Poly Series 54 4BB Mono & Poly Series 48 4BB Mono & Poly Series Hot-Spot Protection Design to withstand localized heating caused by cracked, mismatched cells, interconnection failures, or partial shadowing. Maximum Load Snow Pressure(Mechanical loading) up to 10,000 pa (Optional). Snow and wind pressure(mechanical loading) up to 5,400 pa. IP 67 Junction Box Adopted the highest level IP67 waterproof junction box. In-House EL Testing Electroluminescence (EL) measurements are used to prevent invisible defects such as microcracks, finger defects, and low-current output areas in modules. Salt Mist Corrosion Testing Passed Severity 6, the most severe test condition under IEC by ITRI. PID-Free PID stands for Potential Induced Degradation module power loss is less than 5% under IEC Anti-reflective glass coating Warranty & Insurance 25-year limited warranty on power output. 10-year limited warranty on workmanship. Product & Management System Certificates 1. TÜV Rheinland IEC 61215:2005 IEC :2004&IEC : UL1703/JET /MCS / CE 3. ISO 9001:2008 Quality management system 4. ISO 14001:2004 Standards for environmental management system 5. ISO 50001:2011 Energy management system 6. OHSAS 18001:2007 International standards for occupational health and safety

6 Solar Power Plant Projects One of TSEC s major strategies is downward integration. We have set up module assembly lines to manufacture highly efficient, salt mist corrosion resistant, and PID-free solar module products. Furthermore, we have set up solar power plants throughout Taiwan, including in Powered by TSEC - Overseas Projects U.S.A. U.S.A. U.S.A. UK (from Heckert) Germany (from Heckert) Slovenija (from Heckert)

7 Taoyuan,Hsinchu,Miaoli, Taichung, Changhua, Nantou, Chiayi, Pingtung, Taitung and other counties. To fulfill our corporate social responsibility, TSEC has deployed with the Pingtung County Government s Green Energy Education Program. Taiwan Projects Location Numbers of Projects Installed Capacity Northen Taiwan ( Taoyuan / Hsinchu / Miaoli ) 52 4,739 kw Central Taiwan ( Taichung / Changhua / Chiayi / Nantou ) 44 7,324 kw Southern Taiwan ( Tainan / Kaohsiung / Pingtung ) 45 6,920 kw Eastern Taiwan ( Taitung ) 26 3,198 kw Updated : December 2017

Contact Us TSEC Corporation Taipei Headquarters 8F, No.225, Sec 3, Beixin Rd, Xindian Dist., New Taipei City 23143, Taiwan, R.O.C. T: +886-2-2912-2199 F: +886-2-2917-5399 E: taiwan.

unty 30351, Taiwan, R.O.C. (Hsinchu Industrial Park) T: +886-3-696-0707 F: +886-3-696-0708 TSEC America Inc. 1235 N Harbor Blvd Ste 240 Fullerton, CA 92832 U.S.A. T: +1-714-449-0966 E: Occident@tsecpv.

8 Contact Us TSEC Corporation Taipei Headquarters 8F, No.225, Sec 3, Beixin Rd, Xindian Dist., New Taipei City 23143, Taiwan, R.O.C. T: F: E: Business) Engineering) Hsinchu Plant No.85, Guangfu N. Rd.,Hukou Township, Hsinchu County 30351, Taiwan, R.O.C. (Hsinchu Industrial Park) T: F: TSEC America Inc N Harbor Blvd Ste 240 Fullerton, CA U.S.A. T: E: Occident@tsecpv.com Thailand Sales Office 279 Srinakarin Road, Kwang Nhongbon, Khet Praves, Bangkok E: southasia@tsecpv.com TSEC Corporation Version: April TSEC Corporation Search

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