POWER ELECTRONICS Global Presence Local Acting United States of America

1. POWER ELECTRONICS Global Presence Local Acting United States of America

2. 01 Company / Industrial Division Power range from 0,37kW to 7500kW

3. 01 Company / RenewableDivision POSITIVEENERGY Power Electronics introduces the ARM2S2concept:

4. 01 Company / Recent History Stage 3 2007 - 2009 • Company Foundation • New R&D Center and Factory in Paterna (Valencia) • Power Electronics Deuscthland founded • V5 Soft Starter release Stage 4 2010 -2012 Stage 2 2004 - 2006 Stage 1 1987 - 2003 • SD700 Frequency Inverter release • PE-LG Product licence • Global Distribution Network agreements • Paterna Factory Expansion • New factory in Higueruelas (Valencia) • Power Electronics Australia • Power Electronics Chile • Power Electronics China • Power Electronics India • Power Electronics Korea • Freesun Solar inverter release • Medium Voltage Drive and Soft Starter release • New Factory in Higueruelas • Power Electronics Brazil • Power Electronics Italy • Power Electronics Mexico • In the coming months: France , UK and USA Factory

5. 01 Company | Recent History Power Electronics is a Spanish company involved in the production of variable speed drives, soft starters and solar inverters. The company was set up in 1987. Since then Power electronics has developed a great expertise in the industrial automation and in the solar technology business. Power Electronics aims to offer the highest technology solutions in industrial automation, renewable solar energy together with a top class service and a client oriented strategy. The growth of the company has been based on 5 corporate principles, which outline our competitive advantages in front of our main competitors in both the industrial and the renewable sector. Since the opening of our first branch in Germany in 2002 Power Electronics has established a sales network which covers four continents.

6. 01 Company | Corporative principles Best quality with the best service We are with you 365 days a year and 24h a day The most advanced technology in the sector 3 years of guarantee in the industrial sector & 5 years in the Renewable energy division Great stock to ensure that your needs are covered Applications, start-ups and formation courses Engineering & Consulting assistance

7. 01 Company | Corporative principles Innovation Power Electronics invests 8% of its total turnover in R&D every year. We count with our own laboratory, which allows our products before being sent to accredited laboratories (anechoic and climatic chamber) for self certification. We develop high end and fully reliable products. Warranty As a consequence of our first corporate principle we are able to offer our client the longest warranty periods. Service We offer all our clients a 24h hotline and free 24h technical assistance on site to any product. Immediate delivery We have a very large stock of components and finished any urgent demand by our customers. Furthermore this strategy allows Power Electronics to offer shorter lead times than our competitors. Customer Support The sale of any product includes its commissioning in any application for free. Thus, our field engineers have collected a huge expertise, which is fully transmitted to our Engineering and R&D department. Customer oriented training is another key factor as it helps to cultivate the loyalty of our clients. Engineering and Consulting We are ready to give technical advice and support about our products and the applications, in which they are installed. Our clients also have at their disposal our engineering and consulting department, which comprise a wide number of highly skilled and experienced engineers in the development of tailor-made solutions.

8. 01 Company | Corporative principles | Renewable Division Warranty Agreements • Standard Warranty • Commercial Warranty • 5 years Warranty covering the complete Solar Power Station ( power transformer, MV cells, LV cabinets,...) • Warranty Extension 10 years & 25 years • Available 10 years and 25 years warranty extension services • Warranty coverage includes the Inverter FREESUN Unit • Includes annual preventive maintenance task • Includes On-site updated spare parts and further spare parts availability commitment • Includes inverter software update

9. 01 Company | Company Statements | Renewable Division • Renewable Division implies further commitment and service. Together with a global presence and a unique reliable modular-central inverter Freesun HE makes Power Electronics to state additional agreements: • Assistance of Power Electronics staff in every commissioning • 24h hotline worldwide • 24h assistance on site • Commercial Warranty • Modular Central Inverter- ARM2S2 Technology • Module Redundancy • Module Alternance 99 % GUARANTEED AVAILABILITY

10. 01 Company/ Global company

11. 02 PE – USA • Reno ( Nevada) • Sales • Technical Service ) Houston (Texas) - USA Head Office - Sales support

12. 02 PE – USA • UNITED STATES OF AMERICA- POWER ELECTRONICS • Power Electronics USA is planned to be a operational branch in 2013 for the Industrial and Renewable Divisions. It aims to provide fully on-site sales support, technical service assistance, and updated spare parts stock. • The Industrial division will target industrial sectors such as Water, Oil& Gas, HVAC, General Industry,…The renewable division aims to target Solar PV projects and CSP plants where the Power Electronics Group has a huge know-how worldwide. • On-site Technical Assistance in less than 4 hours • PV plant operation at full load in less than 24 hours • Update Spare Part Stock ( Complete Modules, Power fans, Control and Power Board, …)

13. 02 PE – USA Sales Organization Chart PE – Head Office ExecutiveVicepresident D. Salvo PE – Head Office MK & Sales Director A. Carroll PE – USA USA Sales Manager PE – Head Office RenewableDivision Miguel Ángel Escribano

14. 02 PE – USA Technical Service Organization Chart PE – Head Office TechnicalVicepresident L. Salvo PE – Head Office Service & Application Director R. Gómez PE – Head Office Renewable S&A Manager J. Tomás PE – USA S&A USA Manager

15. 03 Freesun HE - Bankability • GARRIGUES DUE DILIGENCE REPORT • Freesun Inverters by Power Electronics have been externally analyzed by Garrigues ( Due Diligence). • Garrigues has Broad experience in technical assistance and due diligence reports about PV Plants, Thermosolar Plants, Wind Power Plants, …. • Garrigues References: • Caixa Bank, Santander Bank, BBVA Bank, Sabadell Bank, Banesto Bank, SocietéGenerale, MYG Investments, Triodos Bank, • CNE ( National Energy Commission), Alstom, Gestamp Solar, Isofotón, Element Power, AccionaEnergía, Affirma, Solaria,…. • PE Bank References: • Deutsche Bank, Barclays Bank, Sabadell, Unicredit Leasing, HypoVereinsbank – Member of UniCredit Group UniCredit, Bank AG, Bankia, Ceskásporitelna, a.s. Special Finance Unit, MediocreditoInvestito Bank, BancaIntesa, (See attachment)

16. 03 Freesun HE - UL Standard Ratings Expected UL certification Q1 2013

17. more info www.power-electronics.com Power Electronics appreciateyourattention