Company Profile 2014 SOLAR DIVISION

Company Profile 2014 SOLAR DIVISION

_2_ THREE DIVISION, ONE FAMILY COMPANY

0.0 PHILOSOPHY. In 1942, precisely on December 22 ND, a man had a dream: to create a company capable of ensuring its Customers about product they were using. Certainty of technological innovation, technical development, operational perfection, the certainty of a unique style and an absolute service, as well as guarantee of unmatched reliability. This man was my grandfather, Arturo Sottocorno, founder of a perfect business system: Fimer. Today, with the same passion, we dedicate ourselves every day and we commit our efforts to achieve these goals. Over the years we have seen the Fimer s system grow, develop and expand into international markets and acquire increasing support from our customers. This system has been renewing and developing during the time, by remaining loyal to the seriousness that our customers daily certify in their work. A three generations seriousness that results in future certainty. Filippo Carzaniga Managing Director _3_

0.1 HISTORY. 2012 NEW HEADQUARTER 2008 SOLAR DIVISION 2003 AIR CONDITIONING 1942 FIRST FIMER WELDING MACHINE FIMER GROUP Fimer is a growing company. From 2000 to the present day we have had important growth in terms of turnover and technological development. We intend to maintain this trend over the next years. The challenges, however, are not over. We have only just begun. In addition to the manufacturing of welding equipment, our current core business which marks our production since 1942, we have been producing and marketing since 2003 the only air conditioner without external split unit and with a single coaxial pipe for air exchange ( WINDY ). In 2008 we launched a new challenge: the production of solar inverter. A sector where we can apply 30 years experience gained in the INVERTER development. _4_

0.2 FIMER GROUP INDUSTRIAL PROJECT. Renewable energy We design and implement renewable energy systems on a small, medium and large scale. We guide our customers in choosing the best system solutions that perfectly fit their specific needs. We guarantee an high quality service and high technology products. We always work in synergy with our reliable partners. Integrated services Industrial and home systems development and maintenance support services. HV, MV, LV net management The service concerns all the HVMV LV systems: HV transformers, LV master switch exit terminals, primary and secondary HV and MV units and their connection cables Training of personnel HV MV LV net electric scheme construction Filling out all the necessary paperwork Preparation of HV MV LV NET MANAGEMENT REGULATION Changes in the status of the net required by the customers, and placing substations out of service or reactivating them in order to perform scheduled maintenance procedures or to search for failures on the net. Turnkey systems for big and medium stores We are committed in realizing valuable stores in Italy and abroad and we have developed over time a strong background in the field. Our aim is to become the sole interlocutor for the realization of your store, in any geographical area, through a turnkey formula: a complete service which includes architectural design, rendering, graphics, furniture and the management and coordination of the construction site. Industrial, home and special systems Implementation of home, industrial and special systems for private customers and authorities. Industrial electrical systems MV/LV substations Prefab substations Street lighting systems Piling and laying of overhead lines Lighting systems and explosion proof distribution Atmospheric discharge protection systems _5_

0.3 FIMER GROUP. The FIMER product range satisfies the most demanding requests, by guaranteeing perfection, technological development, rational design, in compliance with all European and global regulation. Thanks to our experience in designing, manufacturing and installing plant, together with the steady research for new technologies, and in monitoring our customers s needs in Italy and abroad, FIMER Group makes sure to remain a leading manufacturer. Our vocation toward technology excellence at the highest level is underlined in our production processes and services. Our confidence is boosted by the approval we every day receive. OUR PRODUCTION Our productions Welding Machines R.E. Inverters Air conditioners Energy Stations Electronic Boards Carpentry FIMER HEADQUARTER _6_

HEADQUARTER 3.800 Square meters offices 36.000 Square meters of covered 128.000 Square meters surfaces 120 Employees Fimer Industrial 164 Employees Fimer Group 100% Made in Italy CAPABILITIES 28 mln Turnover Fimer Industrial 54 mln Turnover Fimer Group 82% Foreign Turnover 164 98 Employees Fimer Industrial Fimer Group 63 78 120 Foreign Turnover Italy Turnover 36 44 2007 2009 2011 2013 Market share Foreign Turnover Italy Turnover _7_

0.4 DISTRIBUTION. 6 Branches 180 Distributors 2 Training centers 72 Countries With an homogeneous distribution network operating at worldwide level, FIMER guarantees a very active presence to its sales network. With our subsidiaries, coordinated by the headquarter based in Vimercate (ITALY), each distributor can meet his customer s request. In our authorized training centers we train distributors and customers about all possible processes, Updates and machines maintenance procedures. We also organize specific courses on materials and the most advanced techniques. FIMER BRANCHES (USA, Algeria, Romania, Brazil, China, South Africa) FIMER DISTRIBUTION _8_

0.5 3860 Pallets places 4800 Boxes 3 Laser guide veichle 5 Shuttle monorail FIMER GROUP AUTOMATIC LOGISTIC. FIMER Group has adopted a fully automatic and robotized internal logistics service. The main warehouse, with a capacity of 3860 pallet places, works automatically and in an independent way without operators intervention, as well as a secondary boxes storage for small parts. Even in this case, 4800 boxes are handled in a completely automated manner. Thanks to forklift trucks, unmanned and satellite-guided, goods move among various production floors independently. By scheduling orders daily, the system moves to feed steadily the assembly lines by continually providing the finished products to the warehouse. _9_

0.6 CARPENTRY PRODUCTION. 2 Automatic lines for punching 1 Continuous laser cutting line 1 Automatic metal sheet warehouse with 220 places 3 Bending robot cells 4 Bending machines cnc 1 Center robotic welding 1 Shears CNC Our internal carpentry department is fully robotized. Thanks to these investment we can boast the most complex and advanced system currently present in Italy. Each operation is computed, the punching, the stock sheet, the bending cells work in an autonomous way without operator, organised in three shifts. _10_

0.7 ELECTRONIC CARDS PRODUCTION. 1 Wave solder lead free 6 Touch Up stations 6 Pick & Places Panasonic SMD 85.000 components/hours 1 Automatic line for conformal coating PCB 1 Optical inspection 1 X-Ray inspection Even in this department, FIMER is an absolute excellence. The Panasonic lines are able to mount up to 85,000 components/hour with absolute precision. All the welding process was assured by wave soldering to 3 preheating bodies to ensure a top-level lift tin QUALITY. Each FIMER card, to maintain maximum durability and reliability over time, after assembly operations is subjected to a rigid process of conformal coating where each piece is covered by a special protective resin. This process is controlled by a completely robotized system. _11_

0.8 1 Services-center welding division 1 Spare parts center welding division 1 Services center solar division ASSISTANCE - SERVICES. FIMER has an internal division of Service and assistance that guarantees, the reference point to our customers. The whole process is controlled and monitored since the first demand. Timing is scanned in order to reduce the response time to the client. _12_

0.9 0 CO 2 Emitted 1 MW PV Plant 1 Geothermal plant FIMER GROUP Zero ENVIRONMENTAL IMPACT. FIMER is the first and only welding company in the world with zero impact on environment. Thanks to the 1 MW PV power system installed in our plant, the use of advanced materials in the construction of our new headquarters premises and with the best technologies in the field of geothermal energy, today Fimer does not produce and introduce a single gram of CO 2. Respect for the environment is also our job thanks to the renewable energy division and we work daily to ensure that in all our activities it is preserved. Choosing FIMER you opt for respect of the environment. _13_

1.0 SOLAR DIVISION We apply in our daily work 30 years experience in the development of power inverter to ensure the best. The renewable energy world opened a universe of possibilities, you can create a new Energy concept: safe, clean and detached from all the critical issues affecting the traditional sources. Being able to imagine a different environment provides, to those who work in this industry, a unique opportunity: create business by preserving what surrounds us, create wealth without depleting the environment. FIMER has captured all of this in its DNA and on this basis he formed his own company already in 1942, by maintaining this attitude also in the production of its PV Inverter today. THIS IS WHAT MAKES US UNIQUE. In 2008 FIMER decided to face a new challenge founding the division FIMER INVERTER FOR LIFE, with the knowledge to be able to give their own contribution in terms of technology and products to the preservation and protection of the environment by developing a complete converters range for the photovoltaic market. _14_

1.1 RANGE. SOLAR DIVISION We designed four complementary product lines of solar inverters for the connection to the networks electricity distribution: a line of three-phase centralized inverter BT Series R400-R500-R800-R1000-R1200 (with transformer), a line TL Series R1500TL - R2000TL - R2250TL - R2500TL - R3000TL - R3750TL - R4000TL - R4500TL - R5000TL - R6000TL - R6800TL - R7500TL (without transformer - for MT), particularly suitable for industrial plants and for large PV fields and the full range of stations for large systems, Series MEGASTATION 500 - MEGASTATION 1000 - MEGASTATION 1200 - MEGASTATION 1500 - MEGASTATION 1800 - MEGASTATION 2250 - MEGASTATION 2720 - MEGASTATION 3000. The range is completed by a three-phase string inverters line (without transformer), Series R100-R160-R200, especially indicated for the realization of residential and commercial installations. The winning ingredients that characterize the inverters are: full compliance with the security regulations and connection to the network, synonymous with safety, the possibility to use our products with each type of photovoltaic panel that guarantees versatility, the careful materials selection and supervision processes design and production meet the standards ISO9001, certainty of robustness and reliability of the product, the high conversion efficiency for a certain and continues profitability over time. Our products for the photovoltaic industry, highly technologically advanced, guarantee returns very high (98.8%) and thanks to the system (MPS Module Power System) 11% more energy. 10 UP TO 23 kwp 40 UP TO 150 kwp STRING INVERTER 3 PH LV CENTRAL INVERTER 150 UP TO 750 kwp 500 UP TO 3000 kwp MV CENTRAL INVERTER MEGASTATION _15_

1.2 ASSEMBLY. In addition to all the processes that make us 100% self-employed in the production, Fimer assemblies the finished product and its accessories as well. By string inverters, central inverters up to the entire MW stations, everything is assembled and manufactured inside our plants. This guarantees control of the processes and the highest quality finished product. A guarantee that characterized our products for all their cycle of life. _16_

1.3 SOLAR DIVISION ISO 9001:2000 :2000Ce 0Ce Certificate icate VDE-0126-1-1 Conformity Declaration Factory Inspection Certificate R&D. - QUALITY. Within our research laboratories located at our headquarters in Vimercate (Italy) born every day new products and technologies. Thanks to the design FW, SW, HW and internal mechanics, we every day check the heart of all our products. Unique company in Italy with a grid simulator of 750 kwp in our laboratory. _17_

Produces + 11% MORE ENERGY compared to conventional inverters HIGHER TOTAL RETURNS throughout the life of the installation MPS - Modular Power System MPS system (Modular Power System) is a particular architecture for power modules of FIMER inverters which GUARANTEES HIGHER EFFICIENCY compared to conventional centralized inverters. Thanks to this system our inverters power modules switch on gradually PRODUCING ALREADY ENERGY AT ONLY 700W generated by the photovoltaic field. This means that a FIMER inverter SWITCHES ON EARLIER AND SWITCHES OFF LATER! The result is that FIMER inverters produce on average 11% * MORE than conventional PV inverters. This greater efficiency means HIGHER GAIN already in the first working years of the machine and warranty period. FIMER INVERTERS CAPTURE EVERY RAY OF SUNSHINE FROM THE FIRST TO THE LAST SUNBEAM! Inverter for life pg_18

In 2007 FIMER decided to take up a new challenge establishing the FIMER INVERTER FOR LIFE division where it could exploit the skills acquired in other markets, where it already operates successfully. The awareness of being able to make a contribution in terms of technology and products intended to preserve and protect the environment has lead FIMER to develop a complete range of converters for the photovoltaic market. Two complementary product lines of solar inverters for connection to the electricity distribution have been designed: a line of three-phase centralized inverter Series R400 - R500 - R800 - R1000 - R1200 - R1500TL - R2000TL R2250TL - R2500TL - R3000TL - R3750TL - R4000TL - R4500TL - R5000TL - R6000TL - R6800TL - R7500TL (with and without galvanic isolation transformer for LV and MV) and MEGASTATION, MS500 series - MS1000 - MS1200 MS1500 - MS1800 - MS2250 - MS2720 - MS3000, particularly suitable for industrial plants and for large photovoltaic fields. A line of three-phase string inverters is also available, Series R100 - R160 - R200, especially recommended for residential plants or small industrial plants. The winning ingredients that characterize the inverters are: full compliance with regulations concerning protection and connection to the grid (synonymous with safety), the possibility of using the products with any type of photovoltaic panel (guarantee of use versatility), the accurate choice of materials and supervision of design and production processes according to the ISO 9001 standards (certainty of product s robustness and reliability), high conversion efficiency (for a certain profitability and constant over time). Certifications Certificato di Registrazione STATEMENT OF CONFORMITY Il presente certifica che il Sistema di Gestione per la Qualità di F.I.M.E.R. Spa con sede in: Via JF Kennedy, 26-20871 Vimercate (MB)/Italia Statement No.: RWE-00023-SOC Applicant: Fimer S.p.A. Via J.F. Kennedy, 26 20871 Vimercate (MB) Italy Product: Grid-connected photovoltaic inverter Manufacturer: Fimer S.p.A. Via J.F. Kennedy, 26 20871 Vimercate (MB) Italy Trademark: Fimer Model/Type: See Appendix in the next page Firmware version: FW050V20 Number of phases: 3 Test Standards: EUROFINS MODULO UNO S.P.A. - VIA CUORGNÈ, N. 21 10156 TORINO - ITALY EU NOTIFIED BODY N. 0477 EA ACCREDITED LAB. N 0085 EUM1-14-CEI021 Scope: Product type approval License holder: FIMER S.p.A. Via J. F. Kennedy, n. 26-20871 Vimercate (MB) - Italy Product type: SOLAR PHOTOVOLTAIC DC to AC POWER CONVERTERS FAMILY Manufacturer: FIMER S.p.A. Via J. F. Kennedy, n. 26-20871 Vimercate (MB) Italy CEI 0-21:2012-06 + Ec1:2012-06 + V1:2012-12 UNI EN ISO 9001:2008 Testing laboratory: UL International Italia S.r.l. accredited EN 17025 by ACCREDIA, No. 1363 Test Reports No.: 13-0796/A issued on 2013-10-02 13-0797/A issued on 2013-10-02 Other documents: Technical relation for extension to derived models No. 13-0865 issued on 2013-10-02 Il Sistema di Gestione per la Qualità è applicabile a Ratings : AC current In: AC active power AC apparent power The product complies with the indicated standards. This statement of conformity applies only to the particular sample of the product and its technical documentation provided for testing. It is the responsibility of the company shown above that the products are in compliance with the applicable requirements. The detailed test results are described in the test report mentioned above. This statement does not imply assessment of the production and does not permit the use of UL s logo. EA 19-18 Riferirsi al Manuale della Qualità per i processi affidati in outsourcing. La validità del presente certificato è subordinata a sorveglianza periodica annuale. Audit di ricertificazione entro il 22/05/2016. Data di Prima Emissione: 24 luglio 2007 Data di Emissione: Data di Scadenza: 08 luglio 2013 07 luglio 2016 Giacomo Marchitelli, Technical Manager Intertek Moody Certification Srl Via Aldo Moro, 47 20060 Gessate (MI) 2013-10-09 Date of issue Signature Signa igna atu t re Jan-Erik Storgaard Certification Manager Certification Body UL International Demko A/S Borupvang 5A, DK-2750 Ballerup, Denmark, Tel. +45 44 85 65 65, info.dk@dk.ul.com l accredited EN 45011 by DANAK, No. 7011 Calin Moldovean Global Business Leader Business Assurance Nel rilascio del presente certificato, Intertek non si assume alcuna responsabilità nei confronti di terzi se non nei confronti del Cliente e solo in conformità con il convenuto Accordo di Certificazione. La validità del presente certificato è subordinata al mantenimento della conformità ai requisiti Intertek per i Sistemi di Gestione. Informazioni puntuali e aggiornate circa la validità ed eventuali variazioni intervenute nello stato della certificazione di cui al presente certificato possono essere verificate via e-mail al seguente indirizzo: certificate.validation@intertek.com, consultando il sito internet www.moodycert.it o contattando il n telefonico 02 36766350. EUM1 13 CEI016/0139 Prove di tipo / Type testing TIPOLOGIA DI APPARATO CUI SI RIFERISCE LA DICHIARAZIONE DISPOSITIVO DI INTERFACCIA (DDI) DISPOSITIVO DI CONVERSIONE STATICA DISPOSITIVO DI GENERAZIONE ROTANTE X MODELLO: Test reports n M1.13.NRG.0393/51909, n M1.13.EMC.0454/52032 and n M1.14.NRG.0138/52491 issued by Eurofins Modulo Uno S.p.A. (EA accreditation n 0085) Test reports n 13-0796/A and 13-0797/A issued by UL International Italia S.r.l. (EA accreditation n 1363) Technical report n M1.139/52491 issued by Eurofins Modulo Uno S.p.A. Technical Construction file issued by the manufacturer. FIMERCOSTRUTTORE: S.p.A. FIMER S.p.A. Via J.F.Manufacturer: Kennedy, y 26 200871 Vimercate Via J.F.(MB) Kennedy, - Italyy 26 200871 Vimercate (MB) - Italy MODELLI / Models: MODELLI / Models: R1500TL VERSIONE FIRMWARE: 2.2 VERSIONE FIRMWARE: Potenza nominale / Rated power : Potenza nominale / 127.5: kw Rated power RENDIMENTO EUROPEO MISURATO / MEASURED EURO RENDIMENTO EUROPEO MISURATO 97.91 / MEASURED EURO EFFICIENCY EFFICIENCY R1500TL R5000TL R5000TL 2.2 127.5 kw 425 kw 425 kw 97.91 98.33 98.33 Note / remarks : le misure ure sono state Note effettuate in condizioni strumentazione soggetta a / remarks : le misurestazionarie sono statecon effettuate in condizioni stazionarie con strumentazione soggetta a taratura / the measurements ts have been performed taraturain/ steady the measurements state conditions havebybeen means performed of calibrated in steady instruments. state conditions by means of calibrated instruments. Giovanni Bellenda Product Certification Officer Torino, 17/02/2014 Page 1 of 2 Every change in the design or realization of the product can make not valid this declaration and requires communication to the Certification Body. The reviewed technical documentation regards the requirements as defined in the Italian standards CEI 0-21:2012 +V1:2012 + V2:2013 and in the German standard VDE-AR-N 4105:2011-08. Any modification of the reference standard makes this declaration invalid. Torino, 17/02/2014 Giovanni Bellenda Head of Photovoltaics testing Div Giovanni Bellenda Head of Photovoltaics testing Div CEI 0-21 VDE-AR-N-4105 Conformity Declaration This declaration doesn't exonerate the manufacturer facturer from other This obligations declarationofdoesn't law regarding exoneratethe theresponsibility manufacturerfrom fromproduct. other obligations Every change of law in the regarding design the or realization responsibility of the from product product. canevery change in the design or realization of the product can ertificate is composed make not valid this declaration. The present Certificate make not from valid 1 page this declaration. and it is reproducible The presentonly Certificate in whole.is composed from 1 page and it is reproducible only in whole. Conformity test statement Certificate M1.14.REL.01/52267 Declaration n : We hereby declare that the product: Product: 3 Phase Photovoltaic grid connected INVERTER Models: R5000TL; R3500TL Manufacturer address: FIMER S.p.A. Via J.F. Kennedy, 26 200871 Vimercate (MB) - Italy Ratings Rated apparent power = 460 kva @ 260 VAC, 50 Hz; 322 kva @ 260 VAC, 50 Hz Has been tested according to the following standards: ANRE Grid Code - "Technical conditions of connection to the power networks of public interest for photoelectric power plants" Official gazette of Romania, Part I, no. 312/30.V.2013 - Chapter V, Art. 8 LOW VOLTAGE FAULT RIDE THROUGH requirements Scope: COSTRUTTORE: FW050V20 with reference to: Equipment Convertitore statico Trifase FotovoltaicoConvertitore 3 Phase statico Photovoltaic Trifase powerfotovoltaicoconverter 3 Phase Photovoltaic power converter classification COSTRUTTORE: Manufacturer: CONFORMITY TEST STATEMENT alle prescrizioni della Norma CEI 0-16: 2012-12 (III Ed.) + EC1:2013-05 Sistema di PROTEZIONE GENERALE (SPG) AC voltage: 400 ±10% V - 3Ph / PE, 50 Hz; DC voltage: 430 820 VDC; VDCMAX: 900VDC 61A 76A 122A 152A 34kW 43kW 68kW 85kW 36kVA 45kVA 72kVA 90kVA 0.03 x Eff5% + 0.06 x Eff10% + 0.13/ x Eff20% 0.03 + 0.1 x Eff5% x Eff30% + 0.06 + 0.48 x Eff10% x Eff50% + 0.13 + 0.2 x Eff20% x Eff100% + 0.1 x Eff30% + 0.48 x Eff50% + 0.2 x Eff100% Rendimento europeo EURO Efficiency Equipment classification EUROFINS MODULO UNO S.P.A. - VIA CUORGNÈ, 21 10156 TORINO - ITALY LABORATORI: STRADA COMUNALE SAVONESA, 9 15050 - FRAZ. RIVALTA SCRIVIA TORTONA (AL) EUROFINS MODULO UNO S.P.A. - VIA CUORGNÈ, N. 21 10156 TORINO - ITALY NOTIFIED BODY N. 0477 DICHIARAZIONE DI CONFORMITÀ / DECLARATION OF CONFORMITY Tipologia di prova / Type of test: R1000 VDE-AR-N4105 / R1000 2MPPT VDE-AR-N-4105 measurement Type of test: photovoltaic power converters measurement of photovoltaic power converters Rendimento europeo / EURO Efficiency This declaration is valid for three years and doesn't exonerate the manufacturer from other obligations of law regarding the responsibility from product. IS ISO SO 9001 9001:2000 2000 C Certificate ifi DISPOSITIVO GENERALE (DG) R800 VDE-AR-N4105 / Misura Tipologia del rendimento di prova europeo / di convertitori Misura delfotovoltaici rendimento/ European europeo Efficiency di convertitori fotovoltaici / European Efficiency Type of test: Torino, 14th April 2014 Il Certificato è di proprietà di Intertek Moody Certification Srl alla quale deve essere restituito su richiesta. Certificato N : R500 VDE-AR-N4105 Tipologia di prova / the above products were found in compliance with the requirements of the standards: CEI 0-21:2012 + V1:2012 + V2:2013 Reference technical rules for the connection of active and passive users to the LV electrical Utilities VDE-AR-N 4105:2011-08 Power generation systems connected to the low voltage distribution networks 0714886 Certificato No. R400 VDE-AR-N4105 R800 2MPPT VDEAR-N-4105 FIRMWARE VERSION: Progettazione, fabbricazione e assistenza di saldatrici e generatori per il taglio plasma, di climatizzatori e di convertitori fotovoltaici. DICHIARAZIONE ONE DI CONFORMITÀ DICHIARAZIONE AI REQUISITI DI CONFORMITÀ DI PROVA AI/REQUISITI DI PROVA / CONFORMITY TEST STATEMENT CONFORMITY TEST STATEMENT Certificate N : MODEL(s) è stato verificato e riconosciuto da Intertek conforme ai requisiti della norma EUROFINS S MODULO UNO S.P.A. - VIA CUORGNÈ EUROFINS, N. 21 M ODULO 10156UTNO ORINO S.P.A. - ITALY - VIA CUORGNÈ, N. 21 10156 TORINO - ITALY NOTIFIED BODY N. 0477 NOTIFIED BODY N. 0477 CONFORMITY TEST STATEMENT To demonstrate compliance with the following LVFRT profile: FIMER S.p.A. Via J. F. Kennedy, n. 26-20871 Vimercate (MB) - Italy R1000 VERSIONE FIRMWARE: FW050V20 TIPO: Convertitore statico fotovoltaico trifase Potenza nominale : 85 kw Note: La capability reattiva del convertitore statico è risultata conforme ai requisiti di cui all art. 8.8.5.3 della CEI 0-16 (III Ed.) + EC1 per impianti di potenza complessiva > 400 kw. Esaminati i Rapporti di Prova n M1.13.NRG.0393/51909 del 24/10/2013, emesso dal Laboratorio Eurofins Modulo Uno S.p.A. con accreditamento EA n 0085 Esaminata la documentazione tecnica di costruzione (fascicolo tecnico) fornita dal Costruttore. Si dichiara che il prodotto è conforme alle prescrizioni della norma CEI 0-16 (III Ed.):2012-12 + EC1: 2013-05 We undersigned declare that the product complies with the requirements of the standard CEI 0-16 (III Ed.):2012-12 + EC1: 2013-05 Torino, 24 October 2013 OHSAS18001 Test method: a grid simulator suitable to apply programmable voltage drops (in depth and duration) according to the above profile was connected to the power output of the PV inverter under test. RIFERIMENTI DEI LABORATORI CHE HANNO ESEGUITO LE PROVE Bellenda Giovanni Product Certification Officer Dentis Paolo Certification Body Manager La presente dichiarazione ha validità triennale e non esonera il Costruttore da altri obblighi di legge per quanto attiene la responsabilità da prodotto. Ogni modifica nella progettazione o realizzazione del prodotto può rendere non valida la presente dichiarazione e richiede comunicazione all Organismo di Certificazione. La documentazione tecnica esaminata si riferisce esclusivamente ai requisiti definiti nella norma Italiana CEI 0-16:201212 + EC1:2013-05. La modifica delle norme di riferimento fa decadere la validità della presente Dichiarazione. La presente Dichiarazione è composta da 1 pagina e può essere riprodotta solo integralmente. This declaration is valid for three years and doesn't exonerate the manufacturer from other obligations of law regarding the responsibility from product. Every change in the design or realization of the product can make not valid this declaration and requires communication to the Certification Body. The reviewed technical documentation regards the requirements as defined in the Italian standard CEI 0-16:2012-12 + EC1: 2013-05 only. Any modification of the reference standard makes this declaration invalid. The present Certificate is composed from 1 page and it is reproducible only in whole. CEII 0-16 CE 0 16 with the following results (test summary): U/Un Voltage drop duration [ms] Status of the inverter after the voltage drop Verdict 15 % 600 CONNECTED P 15 % 675 DISCONNECTED P 30 % 1120 CONNECTED P 30 % 1120 DISCONNECTED P 50 % 1800 CONNECTED P 50 % 1900 DISCONNECTED P 70 % 2500 CONNECTED P 70 % 2600 DISCONNECTED P 85% 3000 DISCONNECTED P ISO14001 Additional information: For more details refer to test reports n RT2013-1205 and n RT2014-0124 issued by FIMER S.p.A. Tests have been witnessed by Eurofins Modulo Uno S.p.A. Accredited Lab. n EA 0085 Lab. on 2014/01/23. Turin, 24th January 2014 Ing. Giovanni Bellenda - Head of Photovoltaics Testing Dept. This declaration doesn't exonerate the manufacturer from other obligations of law regarding the product commercialisation. Romania Declaration Inverter In nve vert rtter er ffor orr llife o iffe pg_1 p pg pg_19 g 1 19

R7500TL Energy produced compared to the data of the project (December 2013) Inverter for life pg_20

FIMER... THE DIFFERENCE Energy produced compared to the data of the project (January 2014) Inverter for life pg_21

ITALY - 1.8 MW GREECE - 7.8 MW Inverter for life pg_22

REFERENCES ITALY ITALY - 2 MW Inverter for life pg_23

GREECE - 3.4 MW ROMANIA - 19 MW Inverter for life pg_24

REFERENCES GREECE - 2.3 MW ROMANIA - 2 MW Inverter for life pg_25

GREECE - 3 MW ITALY - 14 MW Inverter for life pg_26

REFERENCES ITALY GREECE - 5.5 MW ROMANIA - 11 MW Inverter for life pg_27

GREECE - 8.6 MW ITALY - 3 MW Inverter for life pg_28

REFERENCES ITALY - 1.7 MW Inverter for life pg_29

REFERENCES SENEGAL - 10MW UKRAINA - 43 MW FIMER. Fimer Welders are renowned for their high-quality technology worldwide. Fimer s wide range of products satisfies even the most demanding requirements and guarantees overall perfection, technological progress, rational design and compliance with the evermore stringent European quality and safety regulations. We achieve that by exploiting our extensive experience in the design and manufacture of welders and by monitoring the needs of our customers in Italy and abroad. Our constant research into new technologies and techniques is a priority and ensures we stay at the top of our field. Our vocation towards excellence in inverter tecnology at the highest level is highlighted in our production processes. Our confidence is boosted by the unfailing approval we receive on a daily basis. Filippo Carzaniga Managing Director Inverter for life pg_30

NOTE Inverter for life pg_31

Via J.F. Kennedy 20871 Vimercate (MB) Italy Phone: +39 039 98981 Fax +39 039 6079334 www.fimer.com info@fimer.com INFOLINE Tel. +39-039-6079326