solfocus concentrator photovoltaics - isetc · today’s discussion what it is and how it works...
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SolFocus Concentrator PhotovoltaicsSolFocus Concentrator PhotovoltaicsA I d iA I d iAn IntroductionAn IntroductionSeptember, 2010
© SolFocus, Inc. 2010Patents Pending
Today’s DiscussionToday’s Discussion
What it is and How it WorksValue PropositionValue PropositionAdvantages of this DesignApplication and Deploymentspp p yDiscussion and Q&A
Slide 2Patents Pending © SolFocus, Inc. 2010
Wh t it i dWh t it i dWhat it is and What it is and How it WorksHow it Works
Slide 3Patents Pending © SolFocus, Inc. 2010
SolFocusSolFocus CPV Technology CPV Technology
Concentrating Optical System: 650X ConcentrationHigh Efficiency Multi junction PV Cells: 40% EfficientHigh Efficiency Multi-junction PV Cells: ~40% EfficientDual Axis Tracking: Higher Yield and Match to Demand
Slide 4Patents Pending © SolFocus, Inc. 2010
SolFocusSolFocus CPV SystemCPV System
Power Unit CPV Panel CPV System
Cassegrain Imaging ConcentratorPrimary Mirror, Secondary Mirror
Receiver UnitTertiary Non-imaging OpticMulti-junction CellHeat Spreader
20 Power Units for 330 Watt Rated Power
28 Panels Mounted on Dual-AxisTracker; 9.24 kW Rated Power
Slide 5Patents Pending © SolFocus, Inc. 2010
p
S lF CPVS lF CPVSolFocus CPV SolFocus CPV Value PropositionValue Proposition
Slide 6Patents Pending © SolFocus, Inc. 2010
SolFocus CPV Value PropositionSolFocus CPV Value Proposition
L t C t f E iLowest Cost of Energy in Target Locations
Highest Energy Output
Lowest Environmental Impact
Deployment Flexibility & Speed
Proven Quality and yReliability
Slide 7Patents Pending © SolFocus, Inc. 2010
Lowest Energy Cost In Target LocationsLowest Energy Cost In Target Locations
Highest Energy Production + Increasing Efficiency
Decreasing Manufacturing Costs= Lowest LCOE in Target Markets
Best Si PV Tracked Thin Film
• LCOE numbers encompass all costs including equipment, installation, BOS, repair and replace, maintenance• LCOE calculations assume consistent financial parameters: inflation 2 5%; real discount rate of 7 5%
Slide 8Patents Pending © SolFocus, Inc. 2010
LCOE calculations assume consistent financial parameters: inflation 2.5%; real discount rate of 7.5%• Source - industry reported data through 2010, projections through 2012• LCOE CSP from: CREDIT SUISSE Equity Research Concentrated Solar Power, September 16 2009
High Energy YieldHigh Energy Yield
Higher Consistent Energy Production
900
1,200
W)
600
900
er O
utpu
t (kW
0
300
4 00 8 00 12 00 16 00 20 00
Pow SolFocus-CPV
Typical C-Si-Fixed TiltTypical Thin Film-Fixed TiltTypical C-Si One-Axis Tracking PV
4:00 8:00 12:00 16:00 20:00
Consistent Energy Production; Ideal Match to Demand Curve
Slide 9Patents Pending © SolFocus, Inc. 2010
gy
Efficiencies Continue to RiseEfficiencies Continue to Rise
30% CPV Best PV Typical PV Best Thin Film
25%
30%
ency
CPV Best PV Typical PV Best Thin Film
20%
ated
Effi
cie
10%
15%Ra
10%2008 2009 2010 2011 2012
Slide 10Patents Pending © SolFocus, Inc. 2010
Lowest Environmental ImpactLowest Environmental Impact
Optimum Use of LandNo Permanent ShadowingPreserved Wildlife Corridors
Land use for site generating 1 GWh/Year with:SolFocus 25% CPV11% Effi i Thi FilPreserved Wildlife Corridors
Minimized Water Runoff ErosionDistributed Generation
Best in Class Thin Film Land Use: 2.3 acres
SolFocus Land Use: 2.0 acres
11% Efficient Thin Film
Dual Land Usage PossibleFlexible Layout of SitesMinimal Land Coverage/Disruption
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)
Slide 11Patents Pending © SolFocus, Inc. 2010
Deployment Flexibility and SpeedDeployment Flexibility and Speed
Highly Scalable: 100 kW to 100 MW+Commercial, Industrial, Utility Applications, , y ppFast Deployment, Phased Commissioning, Rapid Revenue Terrain Tolerance Without DisruptionHigh Energy Yield Distributed Generation Near Use Points
20-100+ MW Utility 1 MW Community College
1 2 MW Distributed
Slide 12Patents Pending © SolFocus, Inc. 2010
y1.2 MW Distributed80 kW Parcels
Proven Quality And ReliabilityProven Quality And Reliability
Proven Reliable Product• Certification: IEC 62108, CEC-listed,• Field Performance Data: 3 years on sun• ~250 million cell hours on sunPredictable Performance and CostPredictable Performance and Cost• Validated Performance and Financial Models• LCOE Analysis: Advanced modelingThird Party ValidationsThird Party Validations• Diligence Reports:
▫ Black & Veatch▫ GarriguesGarrigues
• Validated Field Data: ISFOC, PAW, APS• Validated Energy and Cost Modeling
Slide 13Patents Pending © SolFocus, Inc. 2010
Ad t fAd t fAdvantages of Advantages of this Designthis Design
Slide 14Patents Pending © SolFocus, Inc. 2010
Designed for LowDesigned for Low--Cost ManufacturingCost ManufacturingAutomated Volume ManufacturingScalable and Global Manufacturing Capabilities• 50MW capacity 2010p y• 100MW capacity in 2011
Total Manufacturing CapEx: $0.18-$0.24/watt• vs. $2 for Thin Film and $1.25 for Silicon PV
Manufacturing Capex ($/watt)
$0.21
$1.25
$2.00
SolFocus CPV
Silicon PV
Thin Film
DSBJ Manufacturing Partner, China
Panel Assembly 50MW and Scalable
Meikle AutomationKitchener, Ontario
Module Assembly Equipment
Hexin Manufacturing Partner, China
Tracker Mfg, China100MW Capacity
Applied Manufacturing Technologies,
MichiganManufacturing Development
Primary Mirror ManufacturingMesa, Arizona
32MW and Scalable
Slide 15Patents Pending © SolFocus, Inc. 2010
World-Class Manufacturing Capabilities and Partners
Manufacturing Development
SolFocus: Factory to FieldSolFocus: Factory to Field
Slide 16Patents Pending © SolFocus, Inc. 2010
Designed for Performance and ReliabilityDesigned for Performance and Reliability
SolFocus Utilizes Reflective versus Refractive OpticsRugged, Field-Proven Materials: Glass, Aluminum, SteelSignificantly More Compact Panel (folded light path)Hi h A t A lHigher Acceptance AngleGreater Flexibility for Future ImprovementsElectric drive tracker
Slide 17Patents Pending © SolFocus, Inc. 2010
A li ti dA li ti dApplications and Applications and DeploymentsDeployments
Slide 18Patents Pending © SolFocus, Inc. 2010
Application of Application of SolFocusSolFocus CPV in US CPV in US
High Solar Resource Regions• U.S. Southwest, Western Plains, High Desert
Slide 19Patents Pending © SolFocus, Inc. 2010
Global Commercial DeploymentsGlobal Commercial Deployments
Operating or Under ConstructionPalo Alto Wastewater (2007)APS Star Test Facility, Tempe Arizona (2007)
ContractedADP Public Utility, Portugal (2010)Mesa Water, Mesa, Arizona (2010)
KGO, Fremont, California (2008)NELHA, Kona, Hawaii (2008)ISFOC, Spain (2008)EDF Utility, Italy (2009)Victor Valley College Victorville CA (2010)
Others Pending Public Announcement
Victor Valley College, Victorville, CA (2010)Volkswagen, Puebla, Mexico (2010)Salida, Colorado (2010)Alice Springs Airport, Australia (2010)SDG&E San Diego (2010)
Slide 20Patents Pending © SolFocus, Inc. 2010
BECC, Juarez, Mexico (2010)Crete, Greece (2010)
Victor Valley College Victor Valley College –– 1 MW1 MWVictorville, CA; 7.2 DNICompetitive RFP
• 6 best and final proposals; beat best in class SiPV tracked• 6 best and final proposals; beat best in class SiPV tracked, fixed tilt SiPV and thin film
122 arrays; 6 acres2 5 million kWh/year2.5 million kWh/year• 30% of colleges electricity demand
Rapid DeploymentM h 2010 d b k• March 2010 ground break
• May 2010 completionCollege Economic Analysis*
$• Project cost $4.7M• Estimated LCOE without incentives 8.5¢/kWh• Payback period: 5 years
*College project primarily funded by low cost capitalbonds; reported LCOE reflects the low cost of capital.
Slide 21Patents Pending © SolFocus, Inc. 2010
Largest CPV Plant in North America
Case Study: Crete Case Study: Crete –– 1.24 MW1.24 MW
Island of Crete, Greece 1.24MW in small distributed generation sites to maximize FITsites to maximize FITEnviron 1: seven 84kW sitesEnviron 2: four 80kW sitesEnviron 3: four 80kW sitesSolFocus systems deployable on challenging terrain
Slide 22Patents Pending © SolFocus, Inc. 2010
Predictable PerformancePredictable Performance
ISFOC Puertollano: Actual PR: 88.7%, modeled PR: 87.0%
200 kW-DC site (33 arrays) in Puertollano, SpainSF-1000 CPV SystemOperational since Nov 2008
Palo Alto Water: Actual PR: 90.3%, modeled PR: 89.1%
1Daily Performance Ratio ‐ Palo Alto Water
Operational since Nov 2008
0.4
0.6
0.8
1
0
0.2
3/28/2009 7/6/2009 10/14/2009 1/22/2010 5/2/2010 8/10/2010
Measured PR
Mean Expected PR8.4kW array in Palo Alto, CASF-1100 CPV SystemOperational since May 2009
Slide 23Patents Pending © SolFocus, Inc. 2010
Actual performance consistent with predicted values at SolFocus sites
Discussion and Q&ADiscussion and Q&A
Phil MetzPhil MetzDirector of Business [email protected] +1 (408) 821-8059 Mobile
Slide 24Patents Pending © SolFocus, Inc. 2010
+1 (408) 821 8059 Mobile
B k SlidB k SlidBackup SlidesBackup Slides
Slide 25Patents Pending © SolFocus, Inc. 2010
High Energy YieldHigh Energy Yield
10MW Solar Farm - Energy Output by Location and Technology
Low Temperature Degradation and Dual Axis Tracking Provide
Slide 26Patents Pending © SolFocus, Inc. 2010
p g gHighest Energy Yield in Target Markets
Lowest Environmental ImpactLowest Environmental Impact
Best Cradle-to-Cradle FootprintL Lif l GHG I t it– Low Lifecycle GHG Intensity
– High Recyclability (97%)– Short Energy Payback
No Water Consumption
Slide 27Patents Pending © SolFocus, Inc. 2010
Global Application of SolFocus CPVGlobal Application of SolFocus CPV
Slide 28Patents Pending © SolFocus, Inc. 2010
Case Study: Alice Springs AirportCase Study: 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’s28 Arrays for 235kW providing 30% of the Airport’s energy demandRapid Deployment• Ground breaking May ‘10
Note: Image of projected deployment.
Ground breaking May 10• Completion estimation Aug ‘10
Slide 29Patents Pending © SolFocus, Inc. 2010
Field Experience Field Experience
10 kW site in Tempe, AZOver 3 years of field experience: 45,000+
i h
APS Star Center
receiver hours on sunIntensive engineering & reliability studies on SF1000 & SF1100
Over 3 years of field data show reliable energy production
Slide 30Patents Pending © SolFocus, Inc. 2010
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