MiaSolé Company Overview

MiaSolé Company Overview

Who is MiaSolé? Solar equipment supplier and manufacturer of solar products based in the Silicon Valley Innovating with thin-film solar for over ten years Top-notch scientists solving today s energy problems Allowing people to place solar cells where they previously couldn t: Curved and unreinforced roofs Unusual structures such as food trucks, buses and boats Off-grid flexible materials such as awnings, tents, jackets and portable cell phone chargers 2.

MiaSolé Advantage Supported by Strong Corporate Parent Hanergy World s largest private producer of clean energy Committed to thin-film solar Established Company Shipped > 80 MW to more than 30 customers since 2009 Demonstrated bankability Highest Efficiency Thin-film >16% production efficiency >17.5% efficiency projected by 2018 Versatile Cell Architecture Can be configured in various sizes Flexible and unbreakable Ideal for many specialized uses 3

MiaSolé Cell Technology Ultrawire Interconnect CIGS cell on stainless steel substrate Advantages: Flexible Lightweight Size can be modified to fit application High power density Technology Width Length Weight CIGS 43.75 mm 312 mm 3.3 g/watt Efficiency Up to 17% Power Up to 2.3Wp

Flexible Cell vs. Polysilicon Flexible Cell Flexible Can fit around curved structures Can be integrated into materials Lightweight No retrofitting required Can be used in applications such as consumer goods where weight is a concern Durable Won t break / Resistant to vandalism Bonded Directly to Surface Lower installation costs Resistant to theft Polysilicon Rigid Not bendable Requires racking to install Heavy Roofs require reinforcement to support weight Breakable Can shatter Requires Mounting Hardware Drives up installation costs Subject to theft 5.

Proven Cell Technology In production since 2009 Over 80 MW generation capacity across >30 customers in North America, Europe, Asia and Africa Representative Projects: 2009-Dec 216 KWp California, USA 2010-Jun 779 KWp Germany 2010-Aug 212 KWp Portugal 2010-Sep 77 KWp Texas, USA 2010-Oct 247 KWp France 2010-Nov 6.67 MWp Germany 2011-Nov 2.0+ MWp Commercial CA, AZ USA 2011-Apr 2.8MWp Italy 2011-Jun 1.0 MWp Wales 2011-Nov 11.1 MWp Germany 2011-Nov 2.0 MWp MA, USA 2011-2012 5+ MWp (20-150KWp projects) Rooftop Germany Universal Solar Jan 2012 2 MWp India Oct 2012 5+ MWp India KSK Oct 2013 11.6 MWp India Apr 2013 2 kwp NSW Australia Dec 2013 10 kwp Columbus, MO 6 All third party logos owned by their respective owners

Leading Thin Film Efficiency 18% 17.5% Highest efficiency flexible thin-film in production 17% 16.5% 17% 2015: > 16% average production efficiency 16% 16% 2018: Projected > 17.5% 15.5% 15% 2014 2015 2016 2017 2018 Cell Efficiency 7

Steel Foil Cell Fabrication Film growth cut Slit Back contact CIGS Buffer TCO1 TCO2 TCO3 Interconnect & Test Steel foil in Steel foil out All PVD Deposition using Roll Coater Single interconnected vacuum chamber - no air break between layers All layers formed by high deposition rate sputtering process over 1 meter wide substrate Incoming material to full stack in ~50 minutes Cells finished with low resistance collection grid (UltraWire ) IV data from all cells (100% sampling) within 10 minutes of full stack exit

MiaSolé CIGS Cell Application Space LED Lighting Solution COMMERCIAL ROOFTOP VEHICLE CONSUMER PRODUCT PORTABLE GLASS PANELS RESIDENTIAL ROOFTOP 9

Application: Residential Metal Roof Customer Challenge High cost of electricity Reluctance to ruin the look of the roof MiaSolé Solution Retains aesthetic appeal of the roof Withstands high wind exposure Doesn t require retrofit of the roof to provide additional support Cost-effective peel-and-stick application eliminates need for racking and reduces labor costs Reference: NSW/ Australia Location NSW, Australia Installation Size 2 kwp Customer BlueScope Steel Install Date April 2013 10

Application: Commercial TPO Roof Customer Challenge Meet corporate sustainability goals to improve energy availability Aging roof not built to hold the weight of solar panels Valuable equipment in the building no tolerance for possible leakage from roof penetration MiaSolé Solution Lightweight panels don t require roof retrofit Self-adhesive peel-and-stick application eliminates roof penetrations no increased risk of roof leaks Reference Columbia / MO Location Columbia, MO Installation Size 10 kwp Customer 3M Install Date December 2013 11

Application: Outdoor LED Light Fixtures Customer Challenge Provide outdoor lighting that preserves resources, has no moving parts and is virtually maintenance-free Panels need to: Generate sufficient power Easily fit onto existing poles Withstand the outdoor environment Look good MiaSolé Solution Flexible panels curve around light pole, preserving the look of the light Lights can withstand 150+ mph winds and have low risk of theft and vandalism Powerful enough to charge battery to power light for eight days Reference : ClearWorld Location Multiple Installation Size 240W per light pole Customer ClearWorld Install Date April 2015 12

Application: Boating Customer Challenge Need solar panel to recharge housesystems battery to power onboard appliances Silicon panels in frame were too heavy (100 lbs): Difficult to raise Impossible to remove in a storm safety issue MiaSolé Solution Lightweight panels fit into existing mount and weigh less than 20 lbs Panels are attached with industrial Velcro and remove easily in a storm Powerful enough to charge battery from 25% to 95% in less than five hours Reference : imss Location Varies Installation Size 500W Customer imss Install Date Feb 2015 13

Application: Consumer Charging Customer Challenge Need flexible solar panels that can be integrated into various consumer devices Panels need to generate sufficient power to charge cell phones, etc. MiaSolé Solution Flexible panels work with many types of devices and formats Lightweight panels keep overall weight of the device low Dark color is aesthetically appealing Most powerful flexible panel on the market today Available from Hanergy 14

Application: Food Truck Customer Challenge Need to offset energy requirement for appliances with solar panels Panels need to be durable and aerodynamic MiaSolé Solution Lightweight panels curve around the chassis of the truck without additional support Integrated design means less chance of damage Doesn t interfere with truck aerodynamics at high speeds Most powerful flexible solar panel on the market today Reference : Taian Changan Dining Equipment Co. Location Installation Size Customer Taian, China 1.5kW/Truck Taian Changan Dining Equipment Install Date April 2015 15

MiaSolé Advantages Summary Flexible, modular CIGS solar cells are ideal for a wide variety of applications because of unique advantages: Lightweight, flexible cells easily attach to many surfaces Adjustable in size Provide record efficiency levels Strong corporate backing from Hanergy Demonstrated market acceptance with over 80MW installed in 30 countries 16