Vikram Solar World Class Manufacturing Introduction Vikram Group: Founded in 1974 Vikram Solar: Founded in 2006 • A diversified company with interests in Engineering, Machinery Manufacturing, Textiles, and Solar Energy • World Class manufacturing featuring State-of-the-Art equipment from the United States, Europe, and Japan • Purchasing, Manufacturing and Supply Chain are fully integrated and managed via SAP software • 2014 EPC Global Award Winner for Outstanding Contribution to Renewable Energy Financial Stability to Guarantee 25 Year Power Warranty P 44 Years in business P Tier 1 Rating (Bloomberg New Energy Finance) P Independently Audited for Corporate and Product Compliance (Ost Energy – UK) Superior Sustainability Record ISO 26000 ISO 9001 Quality Management ISO 14001 Environmental Management Corporate Social Responsibility SA 8000 Member • Green Energy Council Member • PV Cycle Social Accountability OHSAS 18001 Employee Safety Member • Wee Compliance Initiative World Class Manufacturing • Fully Automated Manufacturing Facility • 100% in-line Electroluminescence x-ray of modules (defect free) • Superior low light and thermal co-efficient performance • Certified PID Free • Certified Ammonia Resistant • Certified Salt Mist Resistant World Class Manufacturing • Manufacturing Processes employ Six Sigma, and OEE Productivity model for Maximizing Yields through statistical analysis and structured reporting • The entire supply chain and production process is managed through SAP providing complete traceability of each module by serial number PV Sol validation for 4kWp rooftop installation in UK Location: Roof: Panels: Inverter: Bristol 30 degree 16x 250Wp Fronius IG40 4.1kW Vikram Solar ranks 1st among 9 leading brands in terms of energy yield (kWh/kWp) NOCT Performance comparison by OST Energy/PV Evolution Labs NOCT is an international standard measurement of the solar panel's ability to perform in temperatures that more closely resembles the field conditions PV arrays generally operate in, thus providing a perspective on “real world” module operation. NOCT Fill Factor Comparison Validated by Ost Energy / PV Evolution Labs The ratio of actual rated maximum power Pm to the theoretical (not actually obtainable) maximum power (Isc x Voc ). This is a key parameter in evaluating the performance of solar panels. A higher fill factor solar panel has less losses due to the series and parallel resistances within the cells themselves. Temperature Coefficient Comparison Validated by Ost Energy / PV Evolution Labs A PV module's current versus voltage is primarily affected by temperature. The relationship between module voltage and temperature is actually an inverse one. As the module’s temperature increases, the voltage value decreases and vice versa. Temperature Coefficient at Maximum Power describes the decreasing power output (energy losses) with increasing temperature. Benefits of Using Vikram Solar Panels • State of the Art manufacturing facilities using automation from the United States, Europe, and Japan • Strong emphasis on next generation technologies including technical collaborations with the Fraunhofer Institute (Germany), Centrotherm (Germany), Meyer Berger (Switzerland) • Tier 1 Listed manufacturer by BNEF, bankable products per international lending institutions • Top Energy Performance in PV Sol Benchmark testing (9 leading brands) • Best in Class Energy Performance as reported by PV Evolution laboratory, Ost Energy, and the California Energy Commission Benefits of Using Vikram Solar Panels • Strong Focus on reliability of raw materials and product design under adverse operating conditions • End to End process variations monitored using Six Sigma statistical analysis and OEE yield maximization techniques • All business processes including factory management run on SAP, ensuring complete material and module traceability • Vikram modules are not subject to EU anti-dumping, anti-subsidy, Minimum Import Price legislation • Superior service supported by EU Supply Chain: European inventories held for fast delivery to warehouses or project sites.