Rene Sola - Wafer Business

Wafer Business

- Reached year-end solar wafer processing cost target of $0.12/W in Q4 2012
- Wafer ASPs were $0.24/W in Q4 2012, compared to $0.28/W in Q3 2012
- Renesola has begun trial production of the next generation Virtus A+++ wafer processing technology, which will allow Renesola to produce PID free solar wafers with efficiencies of over 17.6% and costs of under $0.11/W
- Renesola's target is to maintain overall processing cost around $0.11/W throughout 2013
- Wafer capacity should remain at 2 GW throughout 2013

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