Concentrated PhotoVoltaic Technology - CPV

Transcription

1 Concentrated PhotoVoltaic Technology - CPV MAGPOWER 2º Congresso de Engenheiros de Língua Portuguesa November Venetian Hotel, Macau

2 Manufacturing Layout & Equipment MAGPOWER is an European company that developed, industrialized and manufactures the 3 rd generation of Photovoltaics, designated as Concentrated Photovoltaics Technology. The compelling results we have achieved in more then 9 years of research & development helped us in reaching stateof-the-art technology in solar power generation. MAGPOWER patented technology, MagSun, allows generating energy at the lowest cost of solar technologies!!!

3 How CPV Works? 800X Traditional silicon technology Magpower s Technology The main advantage of Concentrating Photovoltaics (CPV) is the amount of solar energy that reaches the cell The cells used are able to handle much more energy and efficiency than silicon cells.

4 High Performance CPV Cells Silicon Cell Performance CPV Cell Preformance 12% to 19% efficiency 39% to 41% efficiency Multi-junction solar cells provide solar spectrum conversion with higher efficiency. Achievable efficiency of multi-junction cell is > 40%.

5 Technology Leadership Top-notch efficiency MAGPOWER technology ranks high in laboratory efficiency results as it is based on the leading multi-junction cell manufacturer Spectrolab (Boeing Group) and.. Magpower Cells Source: NREL National Renewable Energy Laboratories

6 Energy Generation CPV versus PV

7 CPV is best for remote high insulation areas Regions with very high DNI (above 2500 kw/m2): North China, North Africa, South Africa, Golf Region, California, Chile, Australia

8 Performance in practice in China Location: Western China (high level of irradiance) Number of hours: hours per year Considering: investment amortization in 25 years, operation & maintenance costs, insurances, warranties for 25 years Solar Plant The cost of energy is less than RMB 0,58 / kwh

9 BRIEF COMPANY PRESENTATION

10 Magpower Leading the way in CPV Top-5 CPV player globally Started R&D in 2002 HQ s in Portugal Over 90 staff 6 years of proven, very successful in-the-field track record 15MW already installed ~5% global market share Best positioned to win LCoE below competition, and further tech & cost evolutions already defined Proprietary tech in almost all key system components & plant machines Very strong project pipeline, profitability already achieved Page 10

11 Magpower Industrial Plant in Portugal Production capacity of 25M to be upgraded do 54Mw The main site is based in Lisbon: Factory with m 2 Holding, R&D Center, Modules and Tracker Manufacturing High Automation Level Modules and Trackers Manufactured Internally Anually Capacity of 54 MW (soon) R&D main labs Cleanning Rooms of 400 m 2 Magpower s MagSun system 1. A top-notch technology, with best-in-class results 4. Trade secrets throughout the production process Lisbon 2. Extensive proof of field results at clients sites 5. A set of patent-protectable elements of the final product 3. Several proprietary technologic features 6. All R&D focused on LCoE optimization

12 Magpower becomes a global reference in the HCPV field - #4 player globally HCPV global module production capacity Portugal (Cacém) Italy Portugal (F. Alentejo) CapeVerde Portugal (Algarve) Portugal (Loures) Sicilia

13 Magpower s CPV Long Track Record MagSun Technology MAGSUN is a concentrated Photovoltaic technology that combines a patented system to concentrate radiation in a very high efficient trijunction cell and a high precision tracking system, to increase significantly the energy yield.

14 Magpower s CPV Long Track Record

15 TECHNOLOGY ROADMAP

16 MAGPOWER has a strong track record of cost decrease MAGPOWER is one of the world`s largest manufacturers of CPV solar modules and trackers. The MAGSUN TRK-180 represents the latest advancements in solar module technology and is rapidly driving down the cost of solar electricity to rates comparable with traditional fossil fuel-based energy sources TRK 28 TRK 48 TRK 60 TRK 80 TRK 95 TRK 150 Concentration level and operating conditions have been improving leading to a sustained decrease in MAGPOWER S solar We module have the most technology cost-effeccost ve CPV technology We are already compe ng with PV today in certain geographies Date Tracker Module Concentration Level Power per Cell of 1cm2 Cell Operating Temp. above ambient $ / MWh LCOE cost comparison trends for PV best in class, CPV industry es mates, and Magpower 2004 TRK x 6,5 Watts 65º 2006 TRK x 7,9 Watts 50º Magpower has consistently been achieving costs below our compe tors 2007 TRK x 12,8 Watts 40º 2009 TRK x 18,3 Watts 35º 2011 TRK x 22,0 Watts 25º and it will be cost compe ve with best in class PV technology through 2014, in regions with high DNI 2013 TRK x 22,0 Watts 25º 2014 TRK x 22,0 Watts 25º 2016 TRK x 31,0 Watts 20º 2018 TRK x 38,0 Watts 20º Dates of start of mass production (after product certification) Note: Information displayed is relative to end of each year; Source: Bloomberg New Energy report Solar Research Note on CPV, from 3/Dec/2012; : Bloomberg New Energy report Levelised cost of electricity update: Q3 2012; Magpower

17 Future Strategy Complementary R&D Magpower Programs Strong investment in the Research & Development of new technology solutions, using MAGPOWER S Technology to concentrate solar radiation Solar Concentration converted to Electrical Energy Commercial S S Solar Concentration converted to Hydrogen Product Development Lab Test & Prototype Field Test Commercial S S Solar Concentration converted to Water Desalination Product Development Lab Test & Prototype Field Test Commercial

18 Concentrated Radiation converted to Thermal Heat Using Magpower s Solar Concentration Technology and an innovative Light-Guide System, will be possible to generated very high temperature to be used in: Solar Fuel (hydrogen) Concentrated Radiation (temp > 2000ºC) First step solar reduction ZnO -> Zn + 0.5O 2 Second step (nonsolar) oxidation Zn + H 2 O -> ZnO + H 2 Water Treatment RCT Radiation Concentration and Transmission

19 COOPERATION PORTUGAL - MACAO

20 Cooperation Portugal - Macao MAGPOWER and CESL ASIA Partnership Rational Asian Solar Market is one of the most promising solar market including regions with very high DNI, allowing CPV technologies to reach the lowest LCOE against other alternative solar technologies Solar program to install several Gw Great interest in receiveing solar innovative technologies industries MAGPOWER is an European Company specialized on the Solar Concentration, being actually one of the world`s largest manufacturer of Concentrated Photovoltaics Technology (CPV) with long track record Very interested in Asian solar market Continuous innovation program Technical and Industrial skills CESL ASIA is a Chinese Group with strong presence and market knowledge Very interested in solar market Industrial and installation skills Strong balance sheet

21 MAGPOWER & CESL ASIA Cooperation Portugal Macao Considering: MAGPOWER has one of the best CPV technologies in the world MAGPOWER has strong industrial skills MAGPOWER focus on continuous innovation to launch new products in order to reduce the LCOE MAGPOWER is very interested to take an important position in Asian solar market Considering: CESL ASIA has strong presence and knowledge of Asian market O&M and Induatrial experience Strong balance sheet, allowing access to bigger solar projects Integration in value chain Interest to have an important role in Asian solar market (Chinese and Others) 50% 50% Magpower Asia Industrial Plant for HCPV Asia

22 END Mr António Trindade Chief Executive Officer CESL Asia Investments & Services, Limited Ave Praia Grande No 517 Edif Com Nam Tung, 21 andar Macau General Line: Page 22