CTF SOLAR Company presentation May 2016 CTF SOLAR at a glance CTF - PowerPoint PPT Presentation

CTF SOLAR Company presentation May 2016

CTF SOLAR at a glance CTF SOLAR is a global project developer, EPC, O&M provider and technology company in the field of photovoltaics, with offices in Frankfurt and Dresden. CTF SOLAR is a 100% subsidiary of CTIEC, a top-200 global engineering design and consulting company based in Shanghai, China. CTIEC is owned by CNBM, Asia’s largest construction material supplier. CTF Solar Office in Dresden, Germany

CTF SOLAR at a glance PROJECT FINANCIAL PROJECT PROJECT IMPLEMENTATION DEVELOPMENT SOLUTIONS OPERATION • Construction • Engineering • Operation & • Design Finance • Procurement • Permitting Maintenance • Construction • Consulting

Global presence

CNBM – CTF Affiliation China Triumph International Engineering Co., Ltd. Shanghai-based, internationally operating EPC company, PV parks, glass and cement factories. 2,700 employees. 91% 100% China National Building CTF SOLAR GmbH is a Materials Group Corporation wholly-owned subsidiary Bejing-based Global Fortune 500 company with of CTIEC focusing on CdTe 180,000 employees. CNBM holds a majority module technology and interest (91%) in CTIEC. solar power plants.

CNBM at a glance China National Building Materials Group Corporation (CNBM) Established in 1984 Largest comprehensive building materials industry group in Asia, integrating scientific research, manufacturing and logistics in a single entity Revenues of US $17 billion (2014), with 180,000 employees and 20 companies worldwide Ranked 270 th in 2015 FORTUNE 500 Global

CTIEC at a glance China Triumph International Engineering Co., Ltd. Engineering firm active around the globe as the engineering arm and technical platform of CNBM Completed over 225 glass and cement production line projects including design, equipment manufacture, procurement, construction, operation and maintenance Ranked 40 th on Top 500 China Building Materials Enterprises list Listed in Top 200 of Global Engineering Design and Consulting Companies Extensive international general contracting experience Revenues of more than US $1.1 billion (2014) 2,700 employees

Service scope Our offer: Services for Solar Parks Worldwide Financial Project Design & Procurement Construction O&M Solutions Development Engineering High quality and cost-effective system design German engineering Strategic relationships to all major suppliers Qualified procurement Flexible financing models, e.g. for instance for construction finance, Sinosure Backed by strong balance sheet of parent company CNBM Fast project execution with experienced teams and suppliers Flexible project structures (CTF as general contractor, shared EPC services) 24/7 O&M services

Project references CTIEC/CTF Over 474 MWp installed capacity worldwide 205 MWp 207 MWp Build status as at June 2016  99 MWp under construction  375 MWp operational 50 MWp 7 MWp 5 MWp UK JAPAN USA THAILAND CHINA

UK Project references 2014 Hayford 9.8 MWp Location: Shrewsbury, Shropshire, UK PV Modules: 39,238 polycrystalline Jetion modules (250 Wp) Inverter: 4 central inverter stations Mounting Structure: mono pile Construction Time: 10 weeks Grid Connection: September 2014 Construction Finance: China Triumph International Engineering Co., Ltd.(CTIEC) General Contractor: CTF Solar / CTIEC

UK Project references 2014 Pentre 6.1 MWp Location: Llanelli, Carmarthenshire, UK PV Modules: 24,012 polycrystalline Jetion PV modules (255 Wp) Inverter: 3 central inverter stations Mounting Structure: mono pile Construction Time: 7 weeks Grid Connection: September 2014 Construction Finance: China Triumph International Engineering Co., Ltd. (CTIEC) General Contractor: CTF Solar / CTIEC

UK Project references 2015 Roanhead 7.1 MWp Location: Barrow-in-Furness, Cumbria, UK PV Modules: 28,382 polycrystalline Jetion PV Modules (255 Wp) Inverter: 3 central inverter stations Mounting Structure: mono pile Construction Time: 5 weeks Grid Connection: March 2015 Construction Finance: China Triumph International Engineering Co., Ltd. (CTIEC) General Contractor: CTF Solar / CTIEC

UK Project references 2015 Raventhorpe 39.9 MWp Location: Scunthorpe, North Lincolnshire, UK PV Modules: 153,617 polycrystalline Jetion PV modules (260 Wp) Inverter: 17 Ingeteam central inverter stations Mounting Structure: Different suppliers (mono pile and ballasted) Construction Time: 6 weeks Grid Connection: March 2015 Construction Finance: China Triumph International Engineering Co., Ltd. (CTIEC) General Contractor: CTF Solar / CTIEC

UK Project references 2016 Location: Fife, UK Wormit 4.96 MWp Modules: 19,458 polycrystalline AEG modules (255Wp) Location: Leicestershire, UK Stanton Under Barton Modules: 13,800 polycrystalline AEG modules 3,62 MWp (260Wp and 265Wp) Location: Gloucestershire, UK Modules : 19,320 polycrystalline AEG modules (255Wp) Lower Stanley Farm 4,92 MWp CTF Solar acquired these 3 projects in November 2015, completing the development and construction in Q1 2016. Inverter: Huawei Mounting Structure: Heintzmann Industries Construction Time: 7 weeks Grid Connection: March 2016 Construction Finance: CTF Solar/ CTIEC General Contractor: CTF Solar General O&M: CTF Solar

CdTe factory 80 MW P production Line CTF Solar and CTIEC are currently building its first CdTe module factory in Chengdu, China Construction will finish by the end of 2016. CTF Solar owns the technology. We will begin selling CdTe module factories jointly with CTIEC in 2017.

CdTe factory facts Production Facility Proprietary CdTe module technology 100 to 300 MWp production capacity possible 24/7 operation, 52 weeks/year 65 modules per hour Uptime 95% Yield 95% 250 employees Layout based on zero-emission concept Construction time approx. one year CdTe factory, internal view of site with one production line Production costs 0.33 – 0.37 EUR/Wp CdTe module efficiency roadmap: up to 24% with production costs < 0,20 EUR/Wp

CdTe module specifications Specification of initial module Technology CdTe Efficiency 13% 250Wp module Dimensions: 1200mm * 1600mm Weight: 35 kg Thickness: 7 mm Conformity & Certificates* EN 61646  EN 61730-1  DIN V VDE V 0126-3  DIN V VDE V 0126-5  Thin film, CdTe modules on rooftop

Thank you. CTF SOLAR GmbH Marketing Industriestraße 2 65779 Kelkheim, Germany R&D Zur Wetterwarte 50, Haus 303 01109 Dresden, Germany Phone: +49 6195 6763-0 Fax: +49 6195 6763-19 mailto: info@ctf-solar.com http://www.ctf-solar.com web: