© SolFocus, Inc. 2011; Patents Pending Concentrating PV – More Energy Production for Low Cost Electricity Nancy Hartsoch @solfocus.com

© SolFocus, Inc. 2011; Patents Pending

Concentrating PV – More Energy Production for Low Cost Electricity

Nancy [email protected]

Slide 2© SolFocus, Inc. 2011; Patents Pending

SolFocus Overview

Founded November 2005

Organization/Funding C Corporation incorporated in DelawareA and B Rounds: $94.7M led by New Enterprise AssociatesC Round: $77.6M led by Apex Ventures

Headquarters Mountain View, California

Employees 120 globally

Technology CPV using reflective optics

Intellectual Property 4 patents issued; 15 filed and pending

Products SF-1100S 1st Generation – marketed 2008SF-1100S 2nd Generation – marketed 2009-presentSF-1136-S – to begin deployment Q3 2011`Training and Support Services

Installed Base 10MW deployed or under constructionUS (California, Arizona, Colorado, Hawaii), Mexico, Spain, Portugal, Italy, Greece, South Africa, Saudi Arabia, Malaysia, Australia, Korea

Target Customers Power plant developers, utilities, municipalities, industrial distributed generation


CPV Consortium – Industry Organization

ManufacturingEquipment

Materials

Developers/EPCs

PowerGenerators

ModuleSuppliers

Cell SuppliersResearch

Organizations & Universities

TrackerSuppliers

http://www.emcore.com/

http://www.veeco.com/

http://www.3m.com/

http://www.azurspace.com/

http://www.axt.com/

http://www.axt.com/

http://www.axt.com/

http://www.fraunhofer.de/EN/








http://www.cyriumtechnologies.com/













Photovoltaics (PV)Conventional - Si Thin Film

CSPConcentrating Solar

Power

Many Solar Harvesting Technologies

CPVConcentrator PV


High Efficiency Systems Highest Energy Harvest High Reliability and Field

Durability Low Cost Manufacturing Environmental Sustainability

Concentrator PV Value Proposition

Provide Lowest Cost Solar Energy in Sunny Locations With Concentrator Photovoltaic (CPV) Systems


Optics Collect Large Area of Sunlight Focus Sunlight on Small Area of PV Cell Concentration: (HCPV) 650 Suns Currently Approach: Reflective (Mirror) Optics

CPV Technology - Optics


>2X Efficiency of Silicon PV Cells

CPV Technology – PV Cells

Utilizes High-Performance Multi-Junction Cells


Incorporate Dual-Axis, Precise Tracking Systems Accurately Track the Sun Throughout the Day Excellent Match to Peak Demand

CPV Technology - Tracking


DifferentiatedSolar Technology


Delivering Highest Energy Production in Regions with High DNI

Southwest US Latin America Africa Middle East Australia

The Solution for Solar Rich Regions


HCPV: High Efficiency…and Headroom

Efficiency Comparison of Solar Technologies


Best at High Temperatures


Consistent Energy Production

0

300

600

900

1,200

4:00 8:00 12:00 16:00 20:00

Powe

r Out

put (

kW)

CPVTypical C-Si-Fixed TiltTypical Thin Film-Fixed TiltTypical C-Si One-Axis Tracking PV

Peak Demand


Highest Energy Production


Compelling Cost AdvantageCPV has a leading LCOE in its target market

• Higher consistent energy production• Increasing system efficiency• Decreasing manufacturing costs

$0.14

$0.11

$0.12

$0.08

$0.15

$0.09

$0.15

$0.09

$0.14

$0.08

$0.14

$0.08

$0.07

$0.08

$0.09

$0.10

$0.11

$0.12

$0.13

$0.14

$0.15

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

LCO

E ($

/kW

h)

LCOE Forecast by Technology, 2010-2020

Source: GTM Research 2011


Land use for site generating 1 GWh/Year with: SolFocus 25% CPV

11% Efficient Thin Film

Minimum Environmental Impact

SolFocus Land Use: 2.0 acres

Best in Class Thin FilmPermanent Shading: 1.2 acres

SolFocus Panels: 0.4 acres

SolFocus Land Impact: 0.01 acres

Assumptions: SolFocus: 25% efficiency, 20% GCR; Thin Film 11% efficiency, 50% GCR, High DNI location (7.5+ DNI)

SolFocus Land Use: 2.0 acresSolFocus Land Use: 2.0 acres



SolFocus Panels: 0.4 acresSolFocus Panels: 0.4 acres

SolFocus Land Impact: 0.01 acresSolFocus Land Impact: 0.01 acres

Assumptions: SolFocus: 25% efficiency, 20% GCR; Thin Film 11% efficiency, 50% GCR, High DNI location (7.5+ DNI)

Optimum use of land• No permanent shadowing• Preserved wildlife corridors• Minimized water runoff erosion• Distributed generation• Dual land usage possible• Flexible layout of sites• Minimal land coverage/disruption

Best cradle-to-cradle footprint• Low lifecycle GHG intensity• High recyclability (97%)• Short energy payback

No water consumption

Material Content


Fields Can be Deployed Rapidly - Fast Time to Cash

Projects can be Flexible in Deployment and be Taken Operational in Phases to Deliver Early Project Revenue

Highly Scalable Manufacturing with Low CapEx for Manufacturing

Installed CPV Manufacturing Capacity Currently 2-3X Forecasted Demand

Rapid Expansion as Market Growth Accelerates

Rapid Deployment and Scalability


GlobalCPV Deployments


CPV Market Forecast 2011

Sources: 2007-2009 EPRI; 2010-2015 CPV Consortium 2011 Report

2007 2008 2009 2010 2011 2012 2013 2014 20150

200

400

600

800

1000

1200

1400

1600

2 10 2 1060

275

650

1100

1500

Me

ga

wa

tts (

MW

) In

sta

lled

Pe

r Y

ea

r


Installed Base Palo Alto Wastewater (2007) APS, Arizona (2007) KGO, California (2008) NELHA, Hawaii (2008) ISFOC, Spain (2008) City of Mesa, Arizona (2008) EDF Utility, Italy (2009) ADP Public Utility, Portugal (2009) Victor Valley College, Victorville, CA (2010) Volkswagen, Puebla, Mexico (2010) SDG&E San Diego, California (2010) BECC, Juarez, Mexico (2010) Cate Street, Colorado (2010) Alice Springs Airport, Australia (2010) Frito Lay, Arizona (2010) Environ, Crete, Greece (2010) Reunert, South Africa (2010) Sumber, Malaysia (2010) Ares, Malta (2010) Coachella Water – JCI, California (2011) Nichols Farms (2011) Mesa Water, Arizona (2011) Vision, Saudi Arabia (2011)

Global Installations

SolFocus Commercial Installations

SolFocus Pilot Projects

5.5 MW Installed Base


Victorville, CA; 7.2 DNI Competitive RFP

• 6 best and final proposals• Beat best in class SiPV tracked, fixed tilt

SiPV and thin film

122 arrays; 6 acres College economic analysis*

• Project cost $4.7M• Estimated LCOE without incentives

8.5¢/kWh• Payback period: 5 years

Victor Valley College

Rapid Deployment•Ground breaking March ‘10•Construction Completion May ‘10

2.5 million kilowatt hours per year•30% of the college’s electricity demand

Largest CPV Plant in North America

* College project primarily funded by low cost capital bonds; reported LCOE reflects the low cost of capital.


Alice Springs AirportAlice Springs Airport, Australia; 7.2 DNI Competitive RFP

• Beat best-in-class thin film and best in class SiPV

• Selected based on “price and iconic technology”

28 Arrays for 235kW providing 30% of the Airport’s energy demand

Rapid Deployment• Ground breaking May ‘10• Completion Aug ‘10

Note: Image of projected deployment.


Hanford, California, 1MW Pistachio Farm and Processing

Facility 113 arrays; 6 acres Provides 70% of Processing

Facility ‘s Annual Power Owner Chuck Nichols Projects

Six Year Payback of Investment

Recent Installations: Nichols Farms

First CPV Plant in Agribusiness Market Segment


Vision (Bin Laden Group) 132kW Pilot Project in Bahra; Additional 70kW being Deployed Estimated Operational May 15, 2011 MOU for 2MW of Deployment in Next 12 Months; 10MW following

12 Months

Recent Installations: Vision (Saudi)


Developer Johnson Controls – 420 kW Installed by Rosendin Electric Metal Foundations – 50 installed in 24 hours Operational March 21, 2011 Announcement Event - April

Recent Installations: Coachella Water


Proven, Reliable Product• Certification: IEC 62108, CEC-listed• Field performance data: 3 years on sun• Third party power warranties

Proven in the Field, Scalable at the Factory

Predictable Performance and Cost Metrics• Validated performance and financial

models• LCOE Analysis: advanced modeling

Scalability to 100’s of Megawatts


Thank You

For more information go towww.solfocus.comwww.cpvconsortium.org

http://www.solfocus.com/

http://www.cpvconsortium.org/

Documents

© SolFocus, Inc. 2011; Patents Pending Concentrating PV – More Energy Production for Low Cost Electricity Nancy Hartsoch @solfocus.com