02Tim

elin

e

11Index„I am Calyxo“

1712

01Employees

04Deposition

02Tim

elin

e 03150 million kilometers away,

2.000 quadrillion tonnes in weight and the most important worker in the company

- THE SUN.

We as Employers 05Technology

06Carbon Footprint 07BenefitGuarantee08 Data Sheet 0910

11

MX Profile//Mounting Process

MarketReference Finance

Plan

ning

13//14Reference I

Reference II

15//16Yield data I

Yield data II

Facts & Figures

Surroundings//Transport 18Recycling

Timeline„I am Calyxo“

51° 38′ 30″ N, 12° 13′ 20″ E Bitterfeld Solar Valley, Germany

41° 39′ 55″ N, 83° 34′ 30″ W Toledo (Ohio), USA

TIMELINE

2014 2013 2012 2011 2010

/ Solar Fields LLC starts CdTe technology development

/ Construction of the first test production line

/ Calyxo GmbH founded by Q-Cells and exclusive license agreement with Solar Fields

/ Capacity expansion of the first line in Germany to 25MWp

/ First year with a production volume > 8 MW

/ Solar Fields takes over Q-Cells shares / Market launch of the CX3 series

/ Financing by Saxony-Anhalt for the extension of the second production line (60MW capacity)

/ Record module: 13.4%, Record cell: 17.2%

/ Ramp-up second production line

20072006

200520042008

/ Groundbreaking of the second production line

2015

/ 10 year anniversary and entry into major projects> 10 MW / Record cell: 18.5%

/ First customer delivery of the module CX1

2009

We as Employers„I am Calyxo“

‚Work with us for a clean future- for our children‘

Calyxo GmbH I Sonnenallee 1a I 06766 Bitterfeld-Wolfen, OT Thalheim I jobs[at]calyxo.com

Would you like to take on interesting and challenging tasks? Do you want to get involved with personal development potential in work processes and promote sustainability?Then come over to an attractive employer within the solar industry and strengthen our team!

• Responsibility within an international company• Market- and performance-based payment• Short decision paths, flat hierarchies• Personal development opportunities and offers for education and training• Operating Bonus program of IKK gesund plus • Be part of a young and dynamic team• Cycling group from Bitterfeld to Leipzig (41.1 km)• Company Run and Cross Deluxe in Leipzig • Annual Go Kart Grand Prix

THERE ARE MANY REASONS FOR WORKING WITH CALYXO

Dr. Florian Holzapfel – CEO

Employee Development

FinanzkriseFinancial Crisis

2005 2006 2008 2009 2010 2011 2012 2013 2014 2015 20162007

50

150

100

Deposition„I am Calyxo“

Our patentsStarting with our first patent application in 2004, the Calyxo patent portfolio has been developed further ever since. In

addition to the atmospheric coating process, comprehensive trademark rights in numerous countries have been registered. The patent portfolio of Calyxo GmbH includes 40 granted patents and over 41 patent applications covering

products, manufacturing processes and machinery concepts.

Calyxo coating process in brief

COST-EFFECTIVEin terms of production and investment costs, the Calyxo coating process is the most cost-effective worldwide!

the conveyor belt never rests since coating takes place as a continuous process

VACUUM-FREEthe whole process takes place in atmospheric conditions

QUICKwe achieve deposition rates of a few µm/min semiconductor thickness – orders of magnitude faster than other vacuum depo-sition processes

CONTINUOUS

Athe module glass is inserted in the glass oven and heated up to process temperature

Bthe CdTe coating itself takes place via a cadmium telluride gas stream that deposits itself on the surface of the module glass by changing from a gaseous state to a solid (desublimation)

Cthe coated module glass is cooled in a controlled manner and removed from the glass oven for further processing

Temperature CoefficientUp to 9% more energy per year compared to competing PV plants

due to the lower temperature coefficient.The temperature coefficient describes the performance behavior of a

solar module with increasing module / and ambient temperature.

Technology,Cross Section

„I am Calyxo“

0,8

1,0

C-SiCdTe

756555453525Temperature / °C

DC

Pow

er O

utpu

tre

l. to

Pow

er @

STC

[%]

Calyxo Energy Benefit

STC

Cross section of a Calyxo module[1] Front glass

[2] Front contact: highly transparent layer with excellent electrical conductivity for maximum light permeability and practically zero-resistance electricity transport

[3] CdS-Layer

[4] CdTe-Layer

[5] Back contact: highly stable, electrically conductive metal

[6] Glass lamination film: water- insoluble seal, safe protection against escape of contents (e.g. in case of any damage), secure sealing of the module edges

[7] Back glass: specially hardened glass designed for long-term demands

[8] Junction box: including solar cable and connector

An innovative technologyCalyxo’s advanced

manufacturing process and the modules’ design

guarantee that no cadmium telluride will ever escape in a

form that could be harmful to humans or the environ-

ment. Long term studies have shown that neither cadmium

telluride nor cadmium sulphide can leak

out of the modules. CdTe is water soluble and

chemically inert.In case of fire, 99% of the Cd remains in the molten glass matrix. All relevant limits are

clearly exceeded.

12

4

5

1

23

45

68

7

Carbon FootprintWith the lowest CO2 footprint and the shortest energy payback time, the thin film

solar modules of Calyxo have a huge advantage to the environment and other solar technologies.

Carbon Footprint„I am Calyxo“

From an environmental point of view the BOS (Balance of System) is playing a more sig-nificant role, depending on the technology. In fact that the mo-dule technologies were beco-ming more efficient in the past, means that the environmental contribution of BOS becomes more pronounced to the overall result.

The CO2 footprint resulting from the production and use of all necessary components:

Module:•Glass•Semiconducter•Laminate•Frame

BOS (Balance of System):•Inverter•Mounting System•Cabling

We are committed to our product responsibility, even in relation to the next generation and have integrated environ-mental protection into our overall thinking and acting.

Our thin-film solar modules are the most eco-efficient throughout the solar industry. They produce clean energy, at the lowest cost, with the least impact on our environment.

With the lowest CO2 footprint and the shortest energy pay-back time, the thin film solar modules of Calyxo have a huge advantage to the environment and other solar technologies.

Considering all electricity applications, the environmental impact of sustainable energy from photovoltaic in comparison to the average power generation using fossil fuels is up to a factor of 20 to 40 percent lower.

OA Balance System

...in detail

Carbon Footprint in Comparison

gCO2 // kWh

Quelle; bifa Umweltinstitut I Ökoeffizientanalyse von Photovoltaikmodulen I November 2013

Certified and tested by leading test institutionsIEC 61646 & IEC 61730 [SGS Prüfung Germany]UL1703;MCS Approval

IEC 62716 Ammonia test [TÜVRheinland]IEC 61701 Salt mist test [SGS Germany]PID @-600V [PI Berlin]Fire Rating A/B [SGS Deutschland]

Benefit, Guarantee„I am Calyxo“

Warranty Guarantee10 years product garantee: on material and workmanship

Low Temperature Coefficient,High Energy Yield(kWh/kWp)_ better performance than crystalline silicon at low light and high temperatures

Narrow output tolerance (+2,5/-0 W)_ better field performance risk of reduced output is eliminated_ reduction in mismatch sortings

Black design edge seal to protect against the elements_ reliable moisture and vapour barrier_ absolute insulation resistance through precise laser edge ablation_ aesthetic, homogenous appearance through the use of high-grade edge sealing material

Lower output voltage_ allows longer strings and lower system costs

Fully automated complete production – made and developed in Germany _ reduces manufacturing costs while at the same time increases product quality_ further development of technology and reliability from renowned institutions

Guarantee_ 10 years on material and workmanship_ 25 years performance guarantee on 90% of rated power in the first 10 years; on 80% over 25 years

Well established module format_ 1200 x 600mm _ light weight 12kg _ module surface outstanding use of space owing to the small module format

25 years performance guarantee: on 90% of rated power in the first 10 years on 80% over 25 years

Benefit AdvantageCX3

Data Sheet„I am Calyxo“

Temperature coefficients (at 1000W/m², AM 1.5 Spectrum)

Temperature ISC α [%/K] +0.02

Temperature VOC β [%/K] -0.24

Temperature PMPP γ [%/K] -0.25

The power classes are defined by positive sorting (+2.5W/-0W) according to measured PMPP under STC. IMPP, VMPP, ISC, VOC are within ±10% of the indicated values under STC. Valid indoor measurement of STC performance is obtained by pretreating the module before measurement with 24 hour light soak (at approx. 1000W/m² in open circuit) followed by cool down to 25°C.

Properties for system design (IEC)

Maximum System Voltage VSYS [V] 1000

Maximum Reverse Current IR [A] 4.0

Wind / Snow Load p [Pa] 2400

Safety Class II

Fire Rating B

ELECTRICAL CHARACTERISTICSPOWER CLASS CX3 CX3 75 CX3 77 CX3 80 CX3 82 CX3 85Nominal Power PMPP [W] 75.0 77.5 80.0 82.5 85.0Current at max. Power IMPP [A] 1.82 1.83 1.84 1.87 1.89Voltage at max. Power VMPP [V] 42.0 43.0 44.1 44.4 45.2Short Circuit Current ISC [A] 2.15 2.16 2.16 2.16 2.17Open Circuit Voltage VOC [V] 59.6 59.6 59.8 60.0 60.0

Performance at normal operating cell temperature (NOCT: 800 W/m², 45 ±2°C, AM 1.5 Spectrum)POWER CLASS CX3 CX3 75 CX3 77 CX3 80 CX3 82 CX3 85Nominal Power PMPP [W] 57.9 59.9 61.7 63.2 64.8Current at max. Power IMPP [A] 1.46 1.47 1.48 1.50 1.52Voltage at max. Power VMPP [V] 39.8 40.7 41.8 42.0 42.7Short Circuit Current ISC [A] 1.72 1.73 1.74 1.74 1.74Open Circuit Voltage VOC [V] 56.4 56.4 56.6 56.7 56.8Performance at low irradianceThe typical relative change in module efficiency at an irradiance of 200W/m² in relation to 1000W/m² (both at 25°C and AM 1.5 spectrum) on request.

Length x Width 1200 mm x 600 mm

Thickness 6.9 mm (21.0 including junction box)

Weight 12.0 kg

Front Cover 3.2 mm glass

Back Cover 3.2 mm glass

Cell Type Cadmium telluride / Cadmium sulfide [CdTe/CdS]

Frame none

Junction Box Protection Class IP65

By-Pass Diode none

Cable Length 650 mm (+Cable), 850 mm (-Cable)

Cable Type Solar cable 1.5mm²

Connector Y-Sol4 Certificate Number MCS PV0088Solar Photovoltaic Modules

Photovoltaik Module PV/11/GEN/00015

CALYXO GMBHOT Thalheim, Sonnenallee 1a06766 Bitterfeld-Wolfen, Germany

TEL +49 (0)3494 368 980-0FAX +49 (0)3494 368 980-111

EMAIL calyxo@calyxo.com WEB www.calyxo.com

Specifications subject to technical changes. Printed on environment-friendly paper. © Calyxo GmbH EU/ENG; CX3-IEC-Rev. 8, 01.2016

Note: Installation instructions must be followed. See the insruction and operating manual or contact the technical service for further information on approved installation and use of the product.

+2,5W/0W Positive sorting

Facts and Figures„I am Calyxo“

ProduktProdukt

25 YearsPerformance

Guarantee

Patents

Product181

768m Production length

150 km Laserbeams / Day

100% automatedmodule production

+2,5W/0W Positive sorting

1347kg coffee consumption

/ year

our most important employee

the Sun

150Employees

FACTS

Average Age43 Years

Length 1200 mmWidth 600 mmHeight 6.9 mm

12 kgweight of a module

Benefit,Mounting Principle

„I am Calyxo“

Insert module to upper insertion profile

Drop the module down to the lower insertion profile

and just let it slide down - that‘s it!

Benefit MX Insertion system

floating module bearing

quickly installed and easily maintained

tool-free module assembly

wide range of applications

designed for glass-glass laminates

includes anti-theft protection

available in black anodized and aluminum blank

HOW TO DO

Market, Reference, Finance

„I am Calyxo“

_our focus is worldwide

Reference// Total/Year

RoofGroundmounted BIPV

Planning„I am Calyxo“

Your photovoltaic system in just 5 steps![1] Customer briefing _ Is it worth getting a PV system? _ How are the local conditions?

[2] System design _ Preplanning _ Presentation to the customer _ Detailed planning [3] _ Production of CX-Module _ Purchase of additional components [4] Installation of the PV-system

[5] Own sustainable power

Everthing from one hand

Calyxo relies on many years of experience in terms of planning and simulation.

_ CAD Drawing_ PV*SOL_ PVSYST

_ yield simulation_ planning of grid-connected systems with battery storage_ optimization of module shading_ climate data generator _ detailed grid connection plan_ dimensioning of the entire AC and DC wiring_ calculation of profitability_ earnings presentation with income and consumption chart

Reference I„I am Calyxo“

LocationGER

Installed Power17,7kWp

CommissioningQ4 2013/Q1 2014

MountingFlat roof // East-West

LocationCH

Installed Power 12 kWp

Commissioning Q3 2011

MountingRoof integration // tilted roof

Location LBN

Installed Power198 kWp

Commissioning Q2 2015

MountingBIPV // facade

LocationGER

Installed Power 10 kWp

CommissioningQ3 2015

MountingRoof parallel // tilted roof

Reference II„I am Calyxo“

LocationGER

Installed Power 10 kWp

CommissioningQ3 2015

MountingRoof parallel // tilted roof

LocationGER

Installed Power241 kWp

CommissioningQ2 2011

MountingRoof parallel // membrane

LocationUSA

Installed Power2100 kWp

CommissioningQ3 2014

MountingGround mounted

Yield Data I„I am Calyxo“

Yield Data I

Project Halle a.d. SaaleLocation Halle Commissioning June 24th 2010

Type Flat roof Installed DC Power 44.89 kWpOrientation South 185° Number of Modules 855

Tilt 6° Module typ CX1-52Surface 615.6 m² Interconnection serial / parallel 9 /11

Height 101 m Inverter IBC Solar ServeMaster 15000 TL

100 200 300 400 500 600 700 800 9000

1000

Year

Perfo

rman

ce ra

tio //

%

Perfo

rman

ce re

lativ

e to

STC

// %

40

100

20

60

80

0

20

40

60

80

100 PR

20152014201320122011

Watt // qm

Yield Data II„I am Calyxo“

Yield Data II

Project Kaiserslautern - Abound Solar ExchangeLocation Kaiserslautern Commissioning January 12th 2011

Type Ground Installed DC Power 1.08MWpOrientation South 180° Number of Modules 15840

Tilt 20° Module typ CX3-70 (before AB1-70)

Surface 1.14 ha Interconnection serial / parallel 15 / 528

Height 246m Inverter SMA SC 630HE-11

50

200 400 600 800 10000

100

Ener

gy Y

ield

// k

Wh

/ kW

p

Perfo

rman

ce re

lativ

e to

STC

// %

0

50

100

150

200 2014

2015

DecNovOctSepAugJulJunMayAprMarFebJan

2015

Abound Solar

Calyxo

Abound Solar

Year

Watt // qm

Surroundings, Transport

„I am Calyxo“

51° 28′ 58″ N, 11° 58′ 12″ E 11% of employees, Halle, Saxony-Anhalt

51° 20′ 25.2″ N, 12° 22′ 29.1″ E 21% of employees, Leipzig, Saxony

51° 37′ 35″ N, 12° 19′ 40″ E26% of employees, Bitterfeld-Wolfen, Saxony-Anhalt

A Calyxo module box weighs 560 kg and contains 44 modules

A 24t truck loads 40 module boxes, thus equals up 1760 Module > 150 kW

A 20 foot container holds 16 module boxes, this corresponds to 704 modules > 60 kW

Box dimensions 134 x 114 x 84cm

LKW inner dimensions 13.6 x 2.4 x 2.4m

A 20-foot container has an empty weight of 2.5 t

A 40 foot container holds 32 module boxes, thus it includes 1408 modules > 120 kWA 20-foot container has an empty weight of 4.1 t

20“

40“

One Calyxo module weights 12 kg Dimensions 1200 x 600 x 6.9mm

Pallets meet the export criteria, pretreatment and labeling availableWeatherproof or other packaging options on request

given data based on 85 Watt module

Berlin

Magdeburg

Bitterfeld

Leipzig

Halle

Recycling„I am Calyxo“

CONCLUSION

Recycling & WEEE_ smaller amounts up to 20 photovoltaic modules are gathered in separate collection groups at recycling yards_ the closest recycling yards for solar modules (Electric Equipment Register) are listed on the home page of the EAR Foundation_ larger amonts of old modules are detected by Calyxo and notified for removal Data required: _ contact data _ quantity and transportation _ overall condition of the photovoltaic modules

The innovative recycling process in brief

_ modules are non-destructively separated _ individual elements of the sandwich structure isolated _ glasses are sorted, which are separated in other recycling process solutions _ semiconductor materials are dissolved by biodegradable substance and recovered _ in the future, precious metals will be recovered cleanly and more efficiently by linking chemical and physical methods

Increasing the PV efficiency by reducing the impact of wastes