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Press Release

Solis Delivers Carbon Reduction and Energy Cost Stability for Large UK Manufacturer

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2MW Solis solar PV system unlocks over £80,000 annual electricity costs savings Ginlong Technologies Co.,Ltd. (Solis) (Stock Code: 300763.SZ), a global leader in photovoltaic string inverter manufacturing has worked alongside UK renewable energy company Engenera to install a rooftop solar power system for plastics manufacturer, Faerch Plast. At 2MW, utilizing Solis 110kW inverters and with over 4000 modules this is a substantial large scale rooftop installation. Faerch Senior Management said “We are delighted with executing the next step in our renewables and carbon reduction journey. Energy and environmental management are at the heart of everything we do and we are committed to improving our production processes to minimise any negative effects on our surroundings. We are, therefore, delighted to have achieved our goal of using 100% renewable energy throughout the entire Group.” Key points held Solis in higher regard than other brands during the benchmarking process. As this was a PPA project, financial stability of the parent company was a critical factor. With over 15 years of experience and zero bank debt, Ginlong Technologies ticked this box easily. Other points that led to Solis inverters being chosen were product reliability, grid connectivity and design flexibility offered by multiple MPPT’s. Designed for improved efficiency, increased yield and worry-free operation and maintenance, the Solis 110kW inverter is the ideal solution for this type of installation. Sandy Woodward, Solis Regional Director for Europe said, “Designed specifically for commercial rooftop applications, the 110kW integrates our fifth-generation technology and best-inclass components to deliver an industry leading efficiency and performance. Working together with our commercial customers we can ensure that the maximum energy yield and ROI is realised.” The launch of the new SolisCloud intelligent monitoring platform means that all installations can be tracked and partly maintained online with remote firmware updates also reducing many costly trips to site. Solis is ranked among the top 6 manufacturers in global string inverter market share. • No.1 in China for residential • No.2 Globally for single-phase • No. 3 Globally for three-phase Source: Wood Mackenzie; string inverter market share by shipments (WMac) RM

ANDRITZ to completely rehabilitate Kopili hydropower plant, India

International technology group ANDRITZ has received an order from Central Government owned utility, North Eastern Electric Power Corporation Ltd. (NEEPCO Ltd.) for the complete rehabilitation of the electro-mechanical equipment of the 200 MW Kopili hydropower plant located on the Kopili River in Dima Hasao district of Assam, India. The project is expected to be finished till third quarter 2023. ANDRITZ’s scope of supply includes detailed design and engineering, manufacture, transportation to the project site, supervision of the assembly, erection, testing as well as commissioning of the entire electro-mechanical equipment to be installed in the powerhouse of Kopili hydroelectric plant. Also included is the training of NEEPCO's personnel in design, engineering, operation, and maintenance of the plant. The rehabilitation works will be executed by the India hydro subsidiary of ANDRITZ with its state-of-the-art manufacturing facilities in Mandideep (near Bhopal) and Prithla (near Faridabad). This contract will be the second contract from NEEPCO to ANDRITZ, the first being the supply of the complete electro-mechanical equipment for the greenfield hydropower project Pare HEP (110 MW), which was awarded in 2011. The award of this contract further strengthens ANDRITZ’s leading position on the Indian hydropower market. RM

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