brites profile 2011
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The Company
Brite S.A. Solar Technologies
Brite is developing Solar Panel Technology (patented) based on Dye Sensitized Solar Cells at a fraction of both the production cost and capex required to produce silicon Thin Film panels today
Established in Mid.2009 with offices in Greece (R&D) and the US (Marketing/Sales)
Funded by its founders.
Awarded €1.3 mn in technology-development funding from the Corallia Clusters Initiative (3 year grant)
Team of 10 highly trained, experienced, professionals
Brite S.A. Solar Technologies 3
The Market
The Building Sector with its residential and commercial sub-sectors, accounts for 40% of total energy consumption in the EU
Glass accounts for 80% of a building’s exterior
The Solar Glass for office and home buildings TAM is
estimated to be $15bn in 2015
The BIPV TAM is estimated to be $40bn is 2015
The DSSC market segment is estimated to be $7bn
Brite S.A. Solar Technologies 4
Think! Glass surfaces that produce Electricity
Energy from Solar Glass
The Technology
Brite’s technology allows the development of solar glass that delivers either high voltage or high current depending on the application demand
Brite’s technology is patented in Greece with applications pending in the US and EU
Brite S.A. Solar Technologies- www.britesolar.com
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Brite’s DSSC technology uses a solid electrolyte that solves reliability problems present in most competing DSSC solutions
Brite’s DSSC process can be applied using solely ink-jet printing and heating steps up to 300 degrees C which has profound manufacturing cost implications
The Product
PanePowerTM Solar Windows not only can provide energy savings on par with triple-silver-coated solar control low-e glass but will also generate energy, helping to defray energy costs within the structure and may qualify for tradable carbon offset credits
Brite S.A. Solar Technologies- www.britesolar.com 6
Reliability
Cost
Aesthetic
Technology
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Transparent multicolor Solar Windows
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Operates with diffuse radiation from any direction & either side
ok Brite is using InkJet Printing for deposition on Glass substrate, minimizing drastically the manufacturing cost
Solid Electrolyte (patented) Breakthrough technology for DSSC
Our Business Model
Brite will work with partners to manufacture solar glass
Brite will license its technology to its partner(s) manufacturers
Brite will supply its licensee(s) the TiO2 ink and the electrolyte
Brite may off-take part of the production and sell solar glass to the market
Brite S.A. Solar Technologies- www.britesolar.com
Nick Kanopoulos, President and CEO, Education: BSc Electrical Engineering (University of Patras, GR), MSc and PhD (Duke University, USA), Experience: (28yrs USA, International): Managing Director for Channel Development in Europe / Africa / Middle East for the Solar Business Unit of Applied Materials; Director of the Multimedia & Communications (MMC) business division of Atmel Corp.; CEO of Data Communications Technologies; Adjunct professor at Duke University; Manager of the Integrated Electronics Dept. at Research Triangle Institute
Dr. Panagiotis Lianos, CTO, Professor at the University of Patras GR, Education: MSc in Physic (University of Thessaloniki, GR) and PhD (University of Tennessee, Knoxville, USA), Experience: (25yrs): Expert in 3rd-generation solar cells with emphasis on organic and organic-inorganic mesoscopic solar cells. His research is published in more than 290 papers in scientific journals and conference proceedings. He has two patents and participated in more than 45 research projects
Dr. Elias Stathatos, VP-Engineering, Associate Professor in the Technological Institute of Patras GR, Education: MSc in Physic and PhD (University of Patras, GR), Experience: (15yrs): Expert in Nanostructured Materials and organic electronics as applied to 3rd-generation PVs. He is the author or co-author of 65 published papers in international journals, co-inventor on two patents, and has participated in more than 11 research projects
Brite S.A. Solar Technologies- www.britesolar.com
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Executive Team
Brite S.A. Solar Technologies- www.britesolar.com 9
Development Milestones
Brite ‘09
•Scientific Team
•Beta Product
•CEO
Early product
Milestone 1: Q1’12
Seed the market
Milestone 2: Q4’12
Market Penetration
Milestone 3: Q1’13
•Proven Sales economics
•Aggressive market rollout
•Internationalization
Trade Sales
Milestone 4: 2014 +
•Market size: $15bn
•Four to six plausible
buyers of the company
•Development Partners
•First generation release
•Early revenues
•Full team build-out