Our product has one of the lowest per watt and levelized cost in the solar industry

Founded in December 2007, we are a producer of thin film solar modules based on amorphous silicon technology using our proprietary equipment and proprietary manufacturing processes. We believe our ability to transform thin film solar technologies from the laboratory to cost-efficient high volume and reliable commercial production within a short period of time distinguishes ourselves from our peers. Headquartered in Quan Zhou, Fujian Province, China, which also serves as our manufacturing center, the company has equipment assembling facilities in Beijing, China and operates a research and development institute in Tianjin, China.

Competitive Costs and Capital Expenditures

• As our technology further improves and we achieve economies of scale through production expansion, we believe we can further reduce our manufacturing costs per watt, with the goal of competing with conventional electricity solutions on a non-subsidized basis.

Scalable and Standardized Production

We have rapidly ramped up our production capacity. Since our commencement of operation in February, 2008, we have constructed two fabs at our Quan Zhou manufacturing base.

• We plan to apply a systematic replication process designed to enable us to add production lines rapidly and efficiently and achieve operating metrics in new fabs that are comparable to the performance of our base fabs.

GS-Solar’s strong research and development capabilities have enabled the company to develop advanced process technologies and critical production equipment that allow us to manufacture amorphous silicon thin film solar modules cost-effectively and on a large scale. We continue to improve our production processes and equipment to increase the conversion efficiency of our module. Our ability to produce low cost, high efficiency solar modules without crystalline silicon has allowed us to grow rapidly to meet market demand.

Proprietary Equipment Manufacturing and Research

We have a large team of scientists, researchers, engineers and technicians engaged in thin film technology research and development activities.

• We operate a production equipment design & engineering center in Beijing that focuses on the design, development, and assembling of our manufacturing equipments and process.

• We also operate a world-class research and development center in Tianjin that focuses on the research and development of thin film solar module technologies in collaboration with the Photovoltaic Institute of Nankai University.

• We have leveraged our in-house equipment development resources and our know-how in manufacturing process improvements to cost-effectively and rapidly expand our operations.

Strong Sales and Focused Marketing Strategy

GS-Solar’s customers include systems integrators, installers, project developers and solar product distributors throughout Europe. We also focus on gaining access to the on-grid utility power-generation end market, which we believe represents the largest and fastest growing segment of the market. The end users of our products include large-scale solar power plants, government-sponsored energy projects and electric utility companies. Our low cost, high efficiency solar modules are particularly suitable for the needs of the electric utility industry. We continue to expand our operations and customer bases across Europe and around the rest of the world.