More than just an EPC

Eco-friendly • Innovative • Reliable

BELECTRIC MIDDLE EAST LTD

Introduction BELECTRIC MIDDLE EAST LTD is part of BELECTRIC HOLDING an international PV System Integrator and PV Component Manufacturer with its Headquarters in Kolitzheim, Germany, that encompasses more than 25 companies concentrated on the development and EPC turnkey implementation of photovoltaic (PV) solar systems in 24 different countries worldwide.

BELECTRIC's vision is to achieve grid parity state with conventional power generation, through climate-friendly photovoltaic solutions, under all climate conditions and for many different installation types. For this sustainable and economic target, its in house R&D professionals develop and design innovative and price-competitive photovoltaic concepts with state-of-the-art technologies, highly durable and reliable.

BELECTRIC owns several BoS component manufacturing facilities and produces BoS components for the local markets with local skilled workers according to the local quality, health and security standards (Germany, USA, Italy, India and UAE in the future). BELECTRICs BoS components are used for own PV Plants and also sold to other PV project companies.

BELECTRIC has a successfully implemented over 800 MW PV projects worldwide and approximately 15MW in the Middle East. The very first PV project in UAE was implemented in 2006 on the Pacific Control building in Dubai.

BELECTRIC hast completed 97% of all projects in the history of the company on time and in budget. The annual performance reports show that the calculated project yields has been met at 98%.

All BELECTRIC s projects are performing to the full satisfaction of the project companies and the customers. BELECTRIC never had any major claim or legal case in the history of the company.

BELECTRIC has long term experience in Project Finance of Solar PV plants in Germany and International projects. BELECTRIC is also handling the import and export financing together with different international finance institutes.

“Reduce the levelized costs of energy (LCOE) by

simplification, standardization and increase in technical efficiency “ (Bernhard Beck – Chairman Belectric Group)

Vision & Mission

Optimizing all processes, power plant technologies and the whole systems design

Simplification Standardization Increase in efficiency

Maximize the solar power generation and minimize the construction and maintenance costs at the same time = Reduction of the LCOE

Belectric Group All operations are organized as part of the BELECTRIC Holding and are divided into the

following companies:

• BELECTRIC Solarkraftwerke GmbH (Solar PV plants) - targeting free field solar power plants

• BELECTRIC PV-Dachsysteme GmbH (Solar PV roof systems) - targeting Roof based solar power plants

• BELECTRIC Trading GmbH - Wholesale & Distribution of PV related equipment

• BELECTRIC International GmbH – International Project Development, with subsidiaries in 15 countries (Europe/America/Asia/Middle East), serving 24 countries in total.

BELECTRIC Group's track record includes, among other, the following achievements:

• World Leading PV-System Integrator 2010 with 313 MW of utility generation

• World Leading PV-System Integrator 2011 with 404 MW of utility generation

• More than 2,600 roof-mounted Photovoltaic Systems realized in Europe & Asia

• 70 patents awarded to Belectric and further 40 patents submitted

BELECTRIC Group has more than 2,000 employees worldwide focused on developing projects, developing key technologies and producing PV components.

Group Structure

Private Investor

Private Investor

Private Investor

Private Investor

Other Investor

More than 30 other investments

Jurchen Techn. GmbH HQ: Helmstadt (Germany)

Manufacturer BoS components

Padcon GmbH HQ: Helmstadt (Germany) Manufacturer electronics

BELECTRIC Middle East Ltd. HQ: Masdar City (UAE)

EPC-contractor local

Belectric International GmbH HQ: Kolitzheim (Germany)

Holding company BELECTRIC Holding GmbH HQ: Kolitzheim (Germany)

Holding company

BELECTRIC Trading

Distributor

BELECTRIC PV-Dach-systeme

EPC-contractor

roof

BELECTRIC Solarkraft-

werke EPC-

contractor free field

100% 100% 100%

100%

100%

100%

94%

100%

6%

65%

In-House Expertise

vert

ical

ly in

tegr

ated

Market Leader - 2010 & 2011 According to current studies by renowned market research institutes (iSuppli and IMS Research)

Local Policy Statement All steps to realize a solar power plant will be executed by BELECTRIC MIDDLE EAST LTD project planning team, by own construction teams, using the own machinery. All local workforces will be trained on all aspects of design, planning, implementation, operation & maintenance and service of the PV plants. However, the local team will always be backed by the experience of the experts in the headquarters of Belectric in Germany. Thus an important center of competence will be created in UAE.

This concept of building capacities and local expertise in combination with experience and know-how of the headquarters has been successfully applied in all international subsidiaries of BELECTRIC so far.

BELECTRIC MIDDLE EAST LTD aims to:

• Setup manufacturing and production facilities for BELECTRIC BoS components, creating local jobs, building local capacities and skills and educate employees.

• Transfer of BELECTRICs know-how about manufacturing, system integration, value chain management, operation, maintenance.

• In the long term establishing a competence center with local professionals in the UAE to supply know- how and material to the MENA region.

All BELECTRIC companies are interested to bring their knowledge and know-how to the local markets and create support centers with local experts.

Local Structure - UAE BOD

Bernhard Beck, Thomas Neussner, Martin Zembsch, Dr. Mehdi Ali

Chief Executive Officer Martin Mock

ADMIN Jbemay Bastillada

IT Finance Human

Resources Procurement

Technical Manager Mechanical

Arch. Toufik Jabbour

Technical Manager Electrical

Engg. Ayman Khalifa

Bid and Estimation

Design Sales &

Marketing

Retail Business

Unit Installation Maintenance

QA, Health & Safety

KSA Unit Engg. John Davitt

KSA Unit Project Manager

John Davitt

QA/QC Manager Amr El Samkary

Administrative Furqan Riaz

Procurement Manager

Jayan Josev

Constr. Manager Samir Amin

Engineering Managers

Hanno Sattler / Stephan Jerichow

QC Supervisor Mechanical

QC Supervisor Electrical

Doc. Control Abdallah Al

Ghamdi

QC Supervisor

PV

Building Services

Supervisor

Surveyor

PV Panel Installation Supervisor

Civil Engineer

Mechanical Engineer

Electrical Engineer

HR

Project Accountant

Cost Controller J. Sumague

Suppliers & Partners BELECTRIC MIDDLE EAST LTD has a solid partnership with key components suppliers such as:

• SMA,

• First Solar,

• Sharp,

• Solar Frontier,

• Masdar PV,

• Nanosolar

with world leading investors in PV:

• EDF-EN,

• Commerz Real Bank,

as well with leading R&D entities:

• Fraunhofer Institute.

Product Portfolio BELECTRIC MIDDLE EAST LTD product portfolio comprises EPC turnkey installations of:

• Utility PV power plants, • Rooftop installations, • Solar carports, • Solar greenhouses, • Energy storage solutions • PV integrated smart grid solutions

IEC Compliant All turnkey power plants implemented by BELECTRIC are IEC compliant. All materials, components, tools and machinery of Belectric is certified by TUV and/or Fraunhofer in Germany. If local regulations require to comply with local standards, BELECTRIC will either procure or purchase materials from local suppliers and qualify it to assure quality, health and security according international standards.

All the materials, components and machinery will be tested and certified against BELECTRIC standards and local regulations and standards. BELECTRIC executes all work and services according the relevant standards of the respective country of destination.

Reference Emirate of Dubai

2006 Turnkey construction 1st ever grid connected solar system in UAE (Roof Pacific Control building Dubai).

Emirate of Abu Dhabi

2010 Turnkey construction of Solar PV roof system of Abu Dhabi Aircraft Technologies (ADAT) – 296kWp.

2010 Turnkey construction of Solar PV roof system of the Abu Dhabi Crown Prince Court (CPC- as subcontractor of Gulf International Group) – 300kWp.

2011 Turnkey construction of Diesel Generator integrated Hybrid Solar Ground based System of Marawah Island – 500kWp.

2011 Turnkey construction of Solar PV roof system of Private VIP villa in Abu Dhabi – 60kWp.

Kingdom of Saudi Arabia

2011 Turnkey construction of Solar Car park Canopy at Saudi Aramco North Park Complex – 10MWp

2011 Turnkey construction of PV-module test and evaluation facility for Saudi Aramco – 60kWp

2012 Electrical connection DC/AC of building integrated PV System (BIPV) at KAPSARC Research & Office Complex – 300kWp.