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Smart Energy Solutions

2014

1

LeadSolar Energy Co., Ltd

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Content

1

2 Market Overview

3

About Us

4

Product development roadmap

5 Sales And Forecast

Stay competitive

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Market Strategy

• Produce a first-class product with world class performances

• Reduce price by 20% than US competitor

• Sales through major installers and distributors

• Utilize the strong distribution channels from Chinese

manufacturers that has worldwide sales channels

Market Positioning And Strategy

Co-Founders Company

Dr. Alex Huang, Dr. Liang Mr. Kemp Qiu MBA

Extensive Chinese Local Resources

International Business Management Team

Strong international technical experts from U.S.

New

Products

08/2011: LEADSOLAR was established

10/2012: LEADSOALR LS250 passed TUV and SAA certifications

06/2013: first commercial shipment

04/2014: LEADSOLAR released its Dual-input LS600 product

Since 06/2014: LEADSOLAR ships over 1MW per month

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Content

1

2 Market Overview

3

About Us

4

Product development roadmap

5 Sales And Forecast

Stay competitive

Confidential Material, Distribution without written Authorization from LeadSolar is Strictly Prohibited.

Case study

Headquarter：Petaluma, CA

NASDAQ Listed

One product: Microinverter M215

Over 3,000,000 units sold

Produce about 10,000 devices per day

Whole sale price: 130-140 USD per set (device +cable)

Annual revenue: about 233MM USD in 2013

Market cap: ~525MM

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Global Market Forecast

Solar market continue to have double digits grow

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Microinverter segment continues to have fast growth especially in residential and commercial space.

Global Market Forecast

2014: Microinverter: 659MW DC Optimizer: 796MW 2017: Microinverter: 2,088MW DC Optimizer: 3,044MW CAGR: Microinverter: 34%/yr DC Optimizer: 40%/yr

DC optimizers will have larger volume but smaller revenues

0

1,000

2,000

3,000

4,000

5,000

6,000

2012 2013E 2014E 2015E 2016E 2017E

MLPE Market Value by Technology ($M)

2012 2013E 2014E 2015E 2016E 2017E

Microinverter 360 488 659 1093 1800 2088

DC Optimizers 408 641 798 1322 2415 3044

Total 768 1129 1457 2415 4215 5132

Glo

bal

sh

ipm

ent

(MW

)) Microinverter

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Content

1

2 Market Overview

3

About Us

4

Product development roadmap

5 Sales And Forecast

Stay competitive

• Over ten domestic and international patents pending • Four patents granted

Product Road Map

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Microinverter LS600/LS700

Monitoring Platform V2.0

2014 2015

Gateway V2.0

Microinverter LS250 V2.0

网关 3.0

2016

Smart Junction

Microinverter LS600/LS700 V2.0

Monitoring Platform V3.0

LED bulb

Smart Plug

Energy Storage

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Content

1

2 Market Overview

3

About Us

4

Product development roadmap

5 Sales And Forecast

Stay competitive

System Overview Product

LeadSolar Microinverter: • Harvesting more energy • Reliable • Lower upfront investment • Easy installation and immediate commission • Smart system and easy maintenance

LeadSolar Link: LeadSolar Link is a digital communication gateway, which connects individual microinverter to LeadSolar smart grid data center in the Internet cloud. Operational and status data are collected from each panel through the power line.

LeadSolar Management: LeadSolar Management is a secure monitoring server in the Internet cloud. This is the human interface where customers or operators can easy get processed system information, status of their devices and act proactively to control the solar farm to safely produce the most energy.

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Peak Efficiency 96.2%, CEC Efficiency 96%

LeadSolar Microinverters Product

13

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LS250, LS600, LS650, LS700 Fully Comply with: IEC 61727 IEC 62116 IEC / EN 62109-1& 62109-2 AS 4777.2 AS 4777.3 AS / NZS 3100

LeadSolar Links Product

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Leadsolar Link Residential Basic

Leadsolar Link Utility

Products designed based different customer needs

Leadsolar Link Residential Superior

Inverter Application

Power Line Communication

or Ethernet

from router

Microinverters

Main features:

• Registration

• Real-time monitoring

• Historic power production

• System alerts

• Active control of each unit

including turn off/on and

power output

Smart Grid Management Platform Product

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Parameters

Enphase M250 Leadsolar LS250

Output Power 250 watts 250 watts

Input Voltage 22-45 volts 22-55 volts

Communication Power line Power line

CEC Efficiency 96.00% 95.50%

Peak Efficiency 96.30% 96.20%

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Leadsolar delivers one of the world leading performance

Global Market

Marketing Share: 2-3%

LeadSolar Distributors

INFINITY INNOVATIONS LTD

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www.leadsolarenergy.com

2013

19