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Investor Presentaiton

Global Leading Bankable Module JA SOLAR 2014 Top bankable PV module brands by BNEF Survey 2016 Top bankable PV module brands by BNEF Survey Rank PV Module Manufacturer 'Never PV Module 'Never 'Yes' 'No' Rank 'Yes' 'No' Heard' Manufacturer Heard' 1 First Solar 100% 0% 0% 1 Trina 100% 0% 0% 23456 2 Hanwha SolarOne 93% 7% 0% 2 Hanwha Q Cells 95% 5% 0% 3 JA Solar 93% 7% 0% 3 SunPower 95% 5% 0% 4 Trina Solar 93% 7% 0% 4 First Solar 95% 5% 0% Yingli 93% 7% 0% 5 Canadian Solar 95% 0% 5% 6 Hanwha Q-Cells 87% 13% 0% 7 Jinko Solar 87% 13% 0% 67 6 JA Solar 91% 5% 5% 7 Kyocera 91% 9% 0% 8 Canadian Solar 80% 20% 0% 8 Jinko 86% 14% 0% 9 Panasonic 80% 20% 0% 9 Mitsubishi 86% 9% 5% 10 Renesola 80% 20% 0% 10 Panasonic 77% 14% 9% 11 SunPower 80% 20% 0% 11 LG Electronics 73% 14% 14% 12 REC Solar 80% 7% 13% 12 REC Solar 73% 23% 5% 13 Sharp 73% 27% 0% 13 Samsung 73% 9% 18% 14 Solar Frontier 73% 7% 20% 14 Sharp 73% 27% 0% 15 Mitsubishi 67% 33% 0% 15 Renesola 68% 32% 0% 16 Kyocera 67% 20% 13% 16 Solar Frontier 68% 18% 14% 17 ET Solar 60% 27% 13% 17 SolarWorld 64% 18% 18% 18 SunEdison 60% 33% 7% 18 Chint/Astronergy 59% 18% 23% 19 China Sunergy 53% 27% 20% 19 Hyundai Heavy 59% 18% 23% 20 BYD 47% 47% 7% 20 SunEdison 59% 32% 9% Source: BNEF 16
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