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PRESS RELEASE

June 17, 2014: Qatar Airways Cargo sponsored the opening ceremony of the Qatar Solar Energy factory and research facility in Doha last week. The facility which can produce solar panels, capable of generating as much as 300 megawatts of energy annually, is located in Doha's new industrial area.

QatarIn alignment with Qatar's National Vision 2030, Qatar Solar Energy's mission is to help Qatar take a significant and strategic step towards establishing itself as a global and renewable energy technology development and research hub.

Qatar Airways Chief Officer Cargo, Mr. Ulrich Ogiermann, said: "Qatar Airways Cargo operates from its Doha hub to more than 130 destinations worldwide, offering freight forwarders access to one of the youngest airline fleets, as well as a truly global network. "We look forward to working with Qatar Solar Energy, and supporting them in shipping solar panels, and other leading-edge equipment, around the world.

"Qatar Airways takes its takes corporate social responsibility very seriously, and is committed to protecting the environment," added Mr. Ogiermann.

"Qatar Solar Energy is dedicated to democratizing sustainable energy by delivering environmentally responsible solutions to the world's pressing energy challenges. By lowering the cost, our technology will empower individuals and businesses with affordable electricity in developed and emerging markets," said Salim Abbassi, CEO of QSE. "This is a significant milestone for Qatar and proves that the region can be on the leading edge of an industry that will secure sustainable energy for future generations."

QSE also announced that it signed agreements with Jermyn Capital to supply 150MW of solar power to the Japanese market and additionally with Power Capital to supply 150MW to the Thailand market. QSE was chosen as the solar provider of choice for its ability to deliver higher efficiency solar solutions at lower costs with plans to work together into the future with both companies on a range of solar power initiatives.

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