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    PROJECT REPORTON

    SOLAR TILE

    Submitted to:

    ABOUT THE INDUSTRY

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    Solar energy is the cleanest, most abundant, renewable energy source available.And the U.S. has some of the richest solar resources shining across the nation.Today's technology allows us to capture this power in several ways giving the

    public and commercial entities flexible ways to employ both the heat and light ofthe sun.The greatest challenge the U.S. solar market faces is scaling up production anddistribution of solar energy technology to drive the price down to be on par with

    traditional fossil fuel sources.Solar energy can be produced on a distributed basis, called distributed generation,with equipment located on rooftops or on ground-mounted fixtures close to wherethe energy is used. Large-scale concentrating solar power systems can also produceenergy at a central power plant.There are four ways we harness solar energy: photo voltaic (converting light toelectricity), heating and cooling systems (solar thermal), concentrating solar power

    (utility scale), and lighting. Active solar energy systems employ devices thatconvert the sun's heat or light to another form of energy we use. Passive solarrefers to special siting, design or building materials that take advantage of the sun's

    position and availability to provide direct heating or lighting. Passive solar alsoconsiders the need for shading devices to protect buildings from excessive heatfrom the sun.

    Solar energy is all about harnessing the power of the sun to produce energy. Thesun rains enough solar energy on the Earth in one day to power the entire energyneeds of the world for one year. Solar energy is considered a renewable energysource because it will exist for as long as our sun does, estimated to be another 4.5

    billion years. Solar energy is also considered a clean energy because it does notproduce pollutants or byproducts harmful to the environment.

    Solar energy was the first energy source used by mankind. Of course, the use waslimited to drying things and heating caused by direct contact, but it was a use. Inmodern times, solar energy has been a power source since the early 1950s, but wasnot widespread due to technological issues which rendered it an ineffective andexpensive energy source. With technology advancements, solar energy is moving

    to the forefront as a potential alternative to fossil fuels.

    The future is indeed bright for solar energy as new solar nanotechnology is close to

    creating solar platforms that boggle the mind. For instance, a few companies aretrying to create solar quantum dots, which will be mixed in the paint you use foryour home. Yes, you will actually paint on solar energy panels that will poweryour home

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    Currently, solar energy is produced primarily through the use of solar cells, alsoknown as photovoltaic cells. The process works by placing the cells in directsunlight. Sun hits the cells causing a chemical reaction that creates an electriccurrent. The current is then turned into electricity. The problem with these cells,however, is they are only about 15 percent efficient.

    Solar energy is typically classified in two ways, passive solar and active solar.Both approaches produce solar energy, but in very different ways

    Passive solar is exactly what it sounds like. It does not involve panel systems orother moving mechanisms to produce solar energy. Instead, passive solar involves

    planning a structure in such a way as to capture the power of the sun withwindows, tanks and so on. These systems can be used to heat homes, water and so

    on.

    Active solar energy systems typically involve some form of solar panels. Thepanels are oriented to maximize exposure to the sun. Depending on the system, thepanels will then either directly convert sunlight to electricity, which is thentransformed from direct current electricity to alternate current electricity and storedin batteries or fed into the grid system of the local utility. Active systems are moreexpensive and complex.

    Solar energy has numerous advantages over other energy platforms. It is producesno pollution, requires little maintenance and comes with significant financial

    incentives in the form of tax deductions, tax credits and rebates from manufactures.In a majority of states, solar energy can also be sold back to utilities per a conceptknown as net metering. This reduces the need for batteries and significantly cutsutility bills.

    Unfortunately, solar energy has some disadvantages as well. The initial cost ofpurchase and installation can be expensive. Second, areas with limited sunlight areproblematic. Third, solar energy obviously cant be produced at night. Despitethese disadvantages, solar energy is a booming energy platform.

    The largest producers of solar energy in the world are Germany, Japan and theUnited States. California has recently introduces a solar initiative devoting overthree billion dollars to promoting solar energy use by residents in the state. As thisoverview demonstrates, the solar energy platform is coming on strong.

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    Industry review in india

    The political and environmental aspects have given a boost to the solar energy

    industry, as its demand has surged in the last few years worldwide.

    "Globally, 2007 installations are around 3 GW and in 2010 it is predicted to bemore than double. India right now has a very small percent of this but is likely togo up significantly as the central government is introducing new policies", saysJagadish Buddhavarapu, Vice President, Business Development, SolarSemiconductor Inc.

    Solar power generation is done through various technologies. Crystalline Siliconwafers is one of them and is considered as the best because of its better efficiencyrate than the thin film PV cells and CIGS etc.

    Mr. K Vasudeva Rao, Executive Director, XL Telecom & Energy Limited says,"generation of power from solar differs, based on the technology and CrystallineSilicon is giving about 16% efficiency at the production level, while at laboratory

    stage it is about 24%, similarly is in the case of thin film, it is about 7% in thefield, while at lab it is much better".

    "While thin film has been in the market for several decades, the efficiency in theproduction level has not reached a stage where it is a viable alternative in theemerging solar farms usage for various reasons", Mr. Rao adds.

    "Crystalline market share currently is over 90% and thin film is about 6-7% butwill grow in the future", says Mr. Buddhavarapu. And, "in the crystalline PV, thetrend is to go to thinner wafers and cells, so less Silicon is used and another trendis to employ metallurgical grade Silicon for wafer manufacture", he adds.

    But generating cost of solar power is much higher than the other renewable sourcesof energy like wind and biomass.

    Mr. Rao says, "Cost of generating the solar energy is higher because of the

    availability of the Crystalline Silicon is low".

    "Technology innovations and scale are rapidly lowering the cost to be competitivewith conventional energy", says Mr. Buddhavarapu.

    With the rising consumption of solar energy, its market is also increasingworldwide. India is also gaining ground at global level.

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    "It (India) is already becoming a bigger player, now, Japan is the largest generatorof solar energy, a lot of other industries are coming up in India, In the next 2-3years India will be exporting the solar energy panels to Europe, as it is a biggermarket and a lot of subsidies are provided

    Solar energy offers enormous potential for a tropical country like India wherearound 45% of households, mainly rural ones, do not have access to electricity,says a new research report Indian Solar Energy Market Outlook 2012 from aleading research company RNCOS.

    India receives solar energy equivalent to more than 5,000 Trillion kWh per year,which is far more than its total annual energy consumption. The countrysgeographical location, large population and government support are also assisting

    it to become one of the most rapidly emerging solar energy markets in the world.

    Consequently, the country is becoming a favorite investment destination for bothlocal as well as global players.

    Demand for solar products has been rising rapidly over the recent years, especiallyin rural areas, and is expected to continue growing substantially during our forecast

    period (2009-2012). The total number of solar lanterns in India is projected togrow at a CAGR of about 40% between 2009 and 2012.

    Indian Solar Energy Market Outlook 2012 provides a rational analysis andextensive research on the solar power industry in India. It thoroughly examines the

    current industry trends which are adding to the growth of solar power market of thecountry. The report highlights the emerging segments of solar power industry andtheir market potential to serve the enormous population of the country. It will helpclients to understand the market dynamics and get an insight of the current andfuture outlook of solar power market in India.

    Besides giving projections on various energy indicators, the report also givesforecast on various segments of the solar power industry based on feasible solarindustry environment in India. These include:

    - Solar Street Lighting System- Solar Home Lighting System- Solar Lantern- Solar Photovoltaic Pumps- Solar Water Heating System

    - Solar Cookers

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    The forecast given in this report is not based on a complex economic model, but isintended as a rough guide to the direction in which the market is likely to move.This forecast is based on correlations between past market growth, growth of basedrivers and possible impact of recession in the economy.

    The report also includes detailed information about the key players in the solarpower industry of India including BHEL, BEL, CEL, TATA BP Solar IndiaLimited, Moser Baer India Limited, Applied Materials, Inc, and Solar Signet.

    INDUSTRY STATUS

    According to the Solar Electric Power Association (SEPA), by the end of 2008,

    there were over 60 000 distributed solar electric systems interconnected across theUnited States. SEPA estimates that grid-tied PV installations are conservativelyexpected to exceed 100 000 by 2010 and 250 000 by 2015. Other analyses classifyabout 100 companies as active PV cell and module manufacturersin North America. Of these companies, 72 are seen as start-ups that are bringinginnovative technologies to market. Venture capitalists invested almost 1 600MUSD in solar companies in the third quarter of 2008 alone, compared to more

    than the 1 050 MUSD total venture capital investment in 2007. Companiesdeveloping thin-film modules using CIGS or CdTe received some of the largestrounds of investments. Solo Power and AVA Solar each raised more than 100MUSD this year, while Solyndra reported raising more than 219 MUSD USD from23 investors. Nanosolar took in 300 MUSD in investments.

    MARKET DEVELOPMENT

    According to preliminary estimates, total U.S. PV capacity (grid-tied and off-gridincluded) increased by 330 MW in 2008, for a total of 1 106 MW PV installed

    capacity at the close of 2008. California accounted for nearly 66 % of all PVinstallations in the country, but other top states for installations included Arizona,

    Colorado, Hawaii, Nevada, and New Jersey.The United States provided more than 7 % of PV module shipmentsworldwide from early estimates, or nearly 376 MW. Nearly 54 % of this total wasin the form of thin-film modules. (EPV Solar, First SolarGlobal Solar, and UnitedSolar). On the demand side, the U.S. consumed an estimated 7 % of the globaldemand for module products, or 313 MW.

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    FUTURE OUTLOOK

    The stronger dollar could hurt exports of U.S. products, and the economic slump

    has caused some companies to reduce their sales forecasts. There are someconcerns of module oversupply, demand uncertainty, and falling prices and, hence,industry profits. PV module prices are expected to fall up to 12 %. Related pricesfor silicon and thin-film materials are expected to fall up to 30 %. On the positiveSide, the Federal ITC was extended, the cap on the amount of ITC allowed forresidential installations was removed, and utilities are now allowed to benefit fromthe ITC. With increased production, transmission construction, and incentives, PVis poised to become a contributor to economic recovery in 2009 and beyond.

    ABPUT THE PRODUCT

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    The Sol Power Tile system is the first building-integrated photovoltaic roofingproduct designed to blend in with curved roof tiles commonly found in the Pacific

    Each tile is 37.4in wide and 18in long, there's generally a 3in overlap leaving 15in

    of tile exposed to sunlight. A 30 tile per 100 sq ft installation will weigh 240lbsand generate 860 Kw/h per annum (assuming 5.8 peak sun hours). According toSRS Energy: "triple-junction amorphous silicon thin-film technology incorporated

    within the Sol Power Tile" is manufactured by United Solar Ovonic and "allowsthe system to produce an estimated 8-20% more energy than incumbent crystallinesilicon panels of the same rated power."

    Any power generated by the system which is not used by the building (or stored inbatteries if that option is chosen) is fed into the grid. Utility companies then give acredit for the amount of energy generated meaning financial benefits can be

    enjoyed from day one. Each system is monitored to provide feedback so thatchecks can be made against any credits made.

    The Sol Power Tile exemplifies our commitment to sustainability withoutcompromising aesthetics. SRS Energy products deliver the economical benefits ofsolar technology with unmatched curb appeal. The Sol Power Tile integrateswith US Tiles clay tile to maintain the depth and aesthetics of a sophisticatedroofline while infused with cutting-edge electricity generating technology. Our

    partnership with US Tile makes your solar upgrade easy by integrating it into astraightforward roof purchase.

    Monitored to ensure efficiency

    Although SRS Energy claims that those who choose to install the Sol Power Tilesystem should enjoy many years of trouble-free rooftop energy creation before a

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    tile needs to be replaced, both SRS Energy and US Tile monitor the system toensure that it's working efficiently. It's set up so that if one tile should fail, a totalsystem failure doesn't occur and the rest of the tiles continue to generate charge asif nothing had happened.

    If a tile does fail or it reaches the end of its expected operational life, thethermoplastic polymers used in its construction can be safely recycled. You mightwonder why the solar tiles do not color match the clay tiles. Unfortunately blue iscurrently the only color available due to the limits of the solar technology used inthe tile. Other color options may become available in the future as advances in thefield are made.

    HOW IT WORKS

    Solar energy is a renewable alternative to power plants that burn fossil fuels, finiteresources that contribute to pollution, global warming, as well as the reliance onimports for our energy security. Photovoltaic (PV) systems convert sunlight into

    electricity, powering everything from lamps to air conditioners in a residential orcommercial building.

    In PV systems, direct current (DC) electricity is produced. Appliances andmachinery, however, operate on alternating current (AC). The DC energy produced

    by the panels is fed into an inverter that converts the DC power into AC power,which then feeds into the main electrical panel that powers a home or business.Any excess generation is fed back into the utility grid. Over a year, as a utilitycustomer, your electricity bill is reduced by the energy you produce.

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    ADVANTAGES OF SOLAR ROOF TILES

    1. Aesthetics - solar tiles are virtually invisible, as part of your roof.2. No extra planning - no need to alter roof lines, colour or pitch. Solar tiles

    and slates sit flush with conventional roof tiles.3. Reliability - The average lifetime of Solar Roof Tiles is in excess of 20

    years. There are no moving parts to the system and very little maintenance isnecessary. Solar Roof Tiles usually have a self locking fixing system thatallows the glass laminate to be easily removed for inspection, cleaning orreplacement.

    4. Standard installation - tiles and slates fit with conventional roofingpractice without the need to adjust battens. One solar tile takes the place offour standard tiles.

    5. No specialist skills - depending on the type of system that you purchase, allthe roofing work can be carried out by the roofing contractorallowingelectrical andplumbing workto follow build programme.

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    6. The savings of a householder also gets a terrific boost, since the electricpower generated is often well in excess of what is required.

    7. More importantly, there are no pollutants or poisonous greenhouse gasesemitted due to the usage of these roof tiles. Hence, the latter areenvironment-friendly as well. The solar power roof tiles derive their energyfrom the sun.

    8. Solar power roof tiles, if installed, provide a great way to generate electricity

    in a completely eco-friendly way.9. They also prevent the wastage of power, and keep electricity bills down too.10.. The operating costs of these solar power roof tiles is almost zero11.Solar roof products have all the wanted benefits like lightweight, ease,

    durability and no need for heavy drilling into the roofs.

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    ABOUT SOLE POWER

    Ask around to homeowners who have looked into capturing solar energy on their

    roof, and they will likely tell you there are several problems with the standard solarpanel. The cost to install can be prohibitive, making it far from a smart investmentfor many houses. The solar panels are bulky and heavy--it's basically a glass boxsuspended six inches above your roof. Plus most solar panels are made frommaterials like glass, silicon wafers and aluminum that are not always sustainable to

    produce or easy to recycle. And, to be honest--because this is your home we'retalking about, and you do care--they're just so darn ugly.

    AN ELEGANT IDEA

    Peter Bressler, principal ofBresslergroup--the Philadelphia-based design firm thathas executed over 1500 product design projects for clients as diverse as Black andDecker, Motorola, Becton Dickinson and Honeywell--had lived through the gascrisis in the late '70s (and near enough to Three Mile Island) to become personallyconcerned about energy in the mid-1990's. "Environmental issues were reallyentering the public consciousness," he remembers. "The need for alternative energygeneration options was clear." One day Bressler was coming home from a businesstrip, flying low over miles and miles of rooftops. "I thought why all of these roofsnot generating electricity are?"

    A concept illustration showing the Sol idea compared to traditional panels.Bressler came up with an idea to take the massive solar panel and condense it intoa modular system that could actually be used more like a design element:Integrated into the building, rather than an afterthought. The tile would mimic theshape of the traditional curved "barrel tile" made from terra-cotta, which is already

    found on most Spanish-influenced roofs in regions where solar power would bemost efficient. It was a game-changing idea. But neither the technology to make itaffordable nor the market demand existed to make it a viable product and theconcept sat idle for several years.

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    THE MARKET WARMSFast forward to 2005, when a "perfect storm" of new photovoltaic materials andrising public awareness allowed funds to be raised and Bresslergroup was hired

    by SRS Energy as the designers of the first curved building-integrated photovoltaic(BIPV) roofing product,Sol Power Tile. Instead of the rigid silicon crystallinewafers, Bresslergroup created a polymeric material that allowed them to make thecurve of the tile. For the panels themselves, they used an extremely flexible triple-

    junction non-crystalline amorphous silicon cells made by Michigan-based UNI-SOLAR, known as a "thin film" technology."They're the first company to make a cost-effective, lightweight solar technologythat's ideal for the roofing space," says Abby Nessa Feinstein, director ofmarketing for SRS Energy. "The amount of energy and light that it can absorbfrom the sun is competitive with the traditional solar panels we see in the market,and in cloudy conditions and high-heat, it can actually do better." Not only are the

    Sol tiles far cheaper to produce, the solar technology employed uses 99% lessmaterial than a traditional silicon wafer. And the curve in the tile allows air tofreely circulate below it, preventing overheating. The ability to easily disassemblethe thin film at the end of its lifespan make for easy recycling.

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    SWOT ANALYSIS OF SOLAR ENERGY INDUSTRY

    Strengths

    y

    Source of energy is never endingy Totally pollution free

    y Can be utilized for all purpose

    y Can be utilized in any form of energy

    y Scope of decentralization

    y Easy to operate

    y Minimum working expenditure

    y Saves fossil fuel deposits

    y Economically self sufficient

    y

    Less hazardous

    Weakness

    y Problem of storage

    y Not available on cloudy and eclipse day

    y Quantum varies according to season or weather

    y Initial investment is high

    y

    Need subsidyy Spares not easily available

    y Creates problem for urban planning since higher building interrupts lower

    solar system

    y Not yet taken on priority list

    Opportunity

    y Scope of utilizing magnetic energy from solar wind

    y

    By bringing down the price, it can be boon even in lower income group

    y Chance of hazard is less

    y Scope for decentralization

    y Chance for adverting exploitation of energy consumers

    y Totally pollution free

    y Vast opportunity for expansion in many use

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    Threat

    y Threat from oil lobby

    y Threat from coal lobby

    y

    Opposition from different forces due to subsidyy Lack of knowledge of common consumers

    y Fluctuation due to season or weather may discourage consumers

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    MAJOR PLAYERS IN THE SOLAR ENERGY SECTOR IN

    RESPECT OF SOLAR TILES

    The three main companies that are commercially producing these roof tilespanels at present are:

    1. SharpAt Sharp Electronics Corporation, a U.S. subsidiary of Osaka-based Sharp

    Corporation - a company known worldwide for its unique one-of-a-kind

    electronic products and solutions, our challenge is to create a balance

    between work time and personal time, with products that can benefit

    people's lives at work, at home, and everywhere in between. Sharp consumer

    electronics can enhance your enjoyment, add to your comfort and open newperspectives. Sharp business products can boost your productivity and

    reduce costs. Sharp products are designed to help individuals, families, and

    corporate teams connect effortlessly, communicate clearly, and unleash

    creativity like never before. Sharp is dedicated to improving people's lives

    through the use of advanced technology and a commitment to innovation,

    quality, value, and design.

    We are proud of our accomplishments and eagerly await the future. We

    invite you to find out more about us by browsing through our Company

    Profile where you will learn about our Business Creed & Business

    Philosphy, our business operations in North America and how to contact

    them, the value we place upon Corporate Social Responsibility, and the

    numerous awards won by our innovative products.

    Most residential solar modules are installed on your roof. These systems include a

    rack with solar modules that attach to it. The OnEnergy system is Sharp's

    custom solution that's designed to meet your electricity requirements and the

    specifications of your roof.

    The OnEnergy system replaces the bulky look of traditional roof mounts with a

    unique, low-profile rack designed to blend beautifully with a home's roofline.

    y The low-profile racking system creates a seamless appearance that integrates well

    with several different roof types.

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    y Sharp offers a variety of modules that optimize energy production and allow

    Sharp-certified installers to create a custom solution for your home. There's even

    an exclusive triangle-shaped module for hip roofs and angled roofs.

    y The OnEnergy system can be installed on asphalt-shingle, flat-concrete tile and

    even curved high-profile (Spanish) tile roofs without compromising the inregrity ofthe roof.

    y The OnEnergy system is also UL-listed as a complete system and can be easily

    retrofitted on existing roofs or installed during new home construction.

    A System That's Right At Home

    High-Power Monocrystalline Residential Solar Modules

    While the OnEnergy system sets the standard for solar aesthetics, the new

    monocrystalline residential module offers high power and flexible installation for

    nearly any kind of roof.

    Ground-Mounted Solar Modules

    Most ground mounts feature angled modules on steel supports anchored in

    concrete footings. These systems are ideal for large arrays on estate properties.

    2. KONARKA TECHNOLOGIESKonarka is recognized throughout the world as a leader in OPV

    (organic photovoltaic) technology a 3rd generation solar technologythat is rapidly emerging to compete with silicon based 1st and 2nd

    generation solar technologies. The company holds over 350 patentsand filings covering every aspect of our proprietary chemistry and

    processes. Our current research efforts are exploring exciting newOPV chemistries as well as advances to our existing technology thatwill produce greater power output at a lower cost.

    At the heart of Konarkas technology is a photo-reactive polymer

    material invented by Konarka co-founder and Nobel Prize winner, Dr.Alan Heeger. This proprietary material can be printed or coatedinexpensively onto flexible substrates using roll-to-roll

    manufacturing, similar to the way newspaper is printed on large rollsof paper. The resulting Power Plastic can then be manufactured into awide range of end-use products.

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    3. United solar ovonicUNI-SOLAR, a product innovation of Energy Conversion Devices, Inc.

    (ECD) (NASDAQ: ENER), is the leader in building integrated rooftop photovoltaics, one of the fastest growing segments of the solar power

    industry. ECD's UNI-SOLAR brand products are unique because of theirflexibility, light weight, ease of installation, durability, and real-worldenergy production.

    UNI-SOLAR laminates are incorporated into a variety of commercial roofingmaterials through strategic partnerships with a world-wide network ofroofing material manufacturers. In select markets, UNI-SOLAR laminatesare also available through specialty wholesale distributors and their networkof installers.

    NI-SOLAR provides innovative photovoltaic laminates to roofing materialmanufacturers and solar system integrators. UNI-SOLAR laminates integrateeasily with membrane, mod-bit, and metal roofing to create ideal solutionsfor commercial, government, military, and education rooftops.

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    EMPLOYEMENT OPPERTUNITIES IN SOLAR ENERGY

    SECTOR

    Industry estimates indicate continued strong growth in solar energy jobsworldwide. Most of the new jobs will come in marketing and installation of solar

    photovoltaic and thermal systems, which means they will be located close to endmarket users of solar systems, thereby being highly beneficial to local economies.

    The German solar industry is expected to create 4,000 new jobs in 2004 alone. Bythe end of 2003, around 12,000 people were employed in the solar industry inGermany. This is growth from just 1,500 in 1998. UVS, the German Industry

    Association anticipates 100,000 jobs will be created over the long term. This issupported by growth in industry revenue in Germany from just 80 million euros in1998 to reach one billion euros in 2004.

    A 1996 European Commission report showed that even the slowest growth rate for

    solar PV would result in over 150,000 European jobs globally by 2010, and acontinuation of existing growth rates would result in 453,000 solar jobs. In the late1990s, the Austrian Federal Minister for the Environment publicly announced theresults of a study that predicted 30,000-80,000 new jobs would be created inAustria alone in the photovoltaic sector by 2010. In 2001, the European

    Photovoltaic Industry Association predicted solar energy is on the brink of aboom. The industry is already worth $1 billion annually. By the time thegeneration born today reaches adulthood in 2020, solar energy could easily provideenergy to over a billion people globally and provide 2.3 million full-time jobs.

    World solar photovoltaic market installations soared to 574 Megawatts in 2003,representing growthof 34% over 2002. The star performer among the top threecountry markets was Germany showing 76% growth. In combination, the Japanese,German and United States markets accounted for 75% of the world market. Themajor driver of world market growth was the strong grid-connect sector, up 57% toaccount for 77% of the market. In 2003, Japan's market installed 219 Megawatts,Germany 145 Megawatts Other countries in Europe, outside Germany, recorded avery healthy 109% growth rate in 2003.

    The US market has increased from just 18 Megawatts of PV installations in 1999

    to 66 Megawatts by 2003. California represents about 80% of the US market and

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    that is where most of the US jobs have been created. However, emerging Stateslike New Jersey suggest a wide geographical spread is in the future.

    Our projection of world markets leads to a cumulative installed capacity in 2010 of

    1.6GWp in the USA and 9.5GWp worldwide, which compares with official targets(EPIA 2010) of 2.14GWp and 11.34GWp respectively.

    Utilizing production ratios, which agree with the historical data and are consistentwith other projections (e.g. EPIA 2001), and allowing for improvements in

    productivity over the period and an increased use of labor in the developing world.Indirect jobs have been simply estimated to be twice direct jobs in line with earlierestimates.

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    Distributors and Integrators may also employ service, material and equipmentsuppliers, though on a much smaller scale than the OEMs and BOS manufacturers.For those of you wishing to make a career in the solar electric industry, theimportant thing to remember is that there are jobs in every sector leading up to theEnd Users, although their nature earning capacity may differ markedly.

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    EVOLUTION OF SOLAR TILES

    Converting to solar energy means covering a roof in unsightly solar panels. Notnecessarily: Philadelphia company SRS Energy has developed the Sol PowerTile, a roof tile designed to sustainably convert sunlight into electricity withoutcompromising aesthetics. The dark blue tiles, manufactured by SRS Energy, are

    jointly branded and distributed by US Tileand specifically designed to becompatible with the clay roof tiles manufactured by US Tile. Customers who

    purchase clay tiles will be given the option to upgrade a section of their roof toSol Power Tiles. When installed, the system can offset a large proportion of a

    homeowner's energy costsnot to mention cleaning their carbon conscience. Thetiles are available in select West Coast markets this autumn, with a nationwiderollout planned for spring 2010.

    SRS Energy says that the Sol tiles, made from a high-performance polymer oftenused in car bumpers, are lightweight, unbreakable and recyclable. Flexible solartechnology by United Solar Ovonic is embedded inside each tile, allowing them tofunction independently of each other. Meanwhile, the performance of the system asa whole is monitored remotely by SRS Energy and US Tile. The director ofengineering at SRS Energy is J.D. Albert, who also developed the electronic ink

    technology used in Amazon Kindle and the Sony Reader.

    What's so attractive about the Sol Power Tile system he and his team haveproduced is that it makes it easy for consumers to make a green choice, withouthaving to settle for a product they find unappealing. With more tile styles andcolours in the pipeline, SRS Energy could soon be enjoying a big chunk of eco-

    bounty, as will any other company that can remove the disincentives fromsustainable technology.

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    This is a major shift from the flat

    panels. Here's a prediction. Next we will have thin solar film on our windows that

    not only reduce the sun's heat coming in but also generate electricity. Then solarcars. Look at all the exposed metal - the hoods, the roof, the trunk and even the

    panelled doors...someone will come through with this soon. Getting off ouraddiction to oil dependency may not be as difficult or as slow as wethink. Wow...a true win, win. What an exciting innovative time we are living in.Go Solar!

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    CHALLENGES FACED FOR IMPLEMENTING SOLAR TILES

    Solar power is actually one of the cleanest methods of energy production known.Because solar panels simply convert the energy of the sun into energy mankind canuse, there are no harmful byproducts or threats to the environment.

    One major concern is the cost of solar power.

    1. Solar panels (accumulators) are not cheap

    2. They are constructed from fragile materials (semiconductors, glass, etc.), theymust constantly be maintained and often replaced.

    3.since each photovoltaic panel has only about a 40% efficiency, single solarpanels are not sufficient power producers. However, this problem has been offsetby the gathering together of many large panels acting in accord to produce energy.Although this setup takes up much more space, it does generate much more power.

    4.Solar energy is an alternative to conventional energy technologies, but otherforms of energy can many times seem more practical to use. The most importantdisadvantage about solar energy is that the access on a short-term basis can beuncertain. The total incoming radiation normally doesnt vary much from year to

    year, but it is not easy to predict on a day-to-day basis.

    5. Solar panels are that they depend on sunlight for power and people want powerat night and in bad weather.

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    RETURN ON INVESTMENT

    We simply cannot imagine the sheer power of our Sun, because we are not used todeal with such a large quantities in our regular life.

    What we all should know about our Sun is: Every single hour, our planet Earthreceives enough solar energy from our Sun, in the form of heat-radiation, that wecould cover absolutely all our energy needs, if we wanted to.

    As a human race, we haven't encountered any other energy source, which could beso optimally placed, constant in its nature and distributed all over the planet in

    quantities, which are large enough to satisfy absolutely all our power needs. Itprovide return on various factors:

    1.It help in producing free electricity for home- The size of any regular roofsurface is large enough to cover all your electricity needs for your household. This

    photovoltaic devices are capable of producing renewable power for years to come.They are created as long term device to harness solar power. Long term means,that they could produce electricity for 25, 30, 40 or even more years. You install

    them once and you can really forget about them. They are totally silent devices,which work for you by producing power and lowering your monthly energy bill.

    2. Add a 10% Price Premium to your Solar Powered House

    If your house has already solar power system as renewable energy sourceimplemented, that represents a substantial price premium to the value of your

    property. Every day, people are getting more concerned about environment,because global warming and climate changes have become a substantial part of our

    life.Buildings, which follow Eco sustainable design and use renewable energy sources,have much more competitive and stronger position on the resale housingmarket.Current situation on the property markets worldwide is quite bad,considering the house prices, which are in a constant decline now, after many yearsof high growth. From this perspective, it is sometimes of crucial importance, if thehouse includes also solar power system.

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    Implementation of roof power tile adds about 10% to the value of your house,immediately. Well, that is a very nice price premium and there is additionaladvantage of constant income by producing your own electricity. PLUS, anotheradvantage in the form of Total Power Independence of your household, whichcould, in the case of real emergency, save many lives.

    3. Buy once, harvest Endless Solar Power for ever

    Your investment in solar power shingles is a Single Investment, which means thatyou pay installation cost, once, and you are going to produce free electricity for thewhole life span of your roof.

    It is like an investment of your money in safe government bonds, which areearning safe interests for its owner. One difference between government bonds and

    your solar power system is the fact that energy prices are constantly rising, whilegovernment's bond's interest rates are constantly falling.

    4. Freedom of Your own Electricity

    Being totally electricity self sustainable and independent in modern world is a veryrare, but very useful commodity. We simply cannot imagine a modern life withouta constant power at home. TV set, Hi-Fi, computers, iPods, mobile phones, alldifferent home appliances, especially lighting, fridge and freezer.

    It is really very wise decision to be totally independent, considering electricitysupply.

    It is also a matter of Personal and Family Security and Safety to possess anindependent - own source of electricity, because we simply cannot survive withoutelectric power for many days. There is no modern life without a fridge/freezer,other cooking and bathroom appliances and of course computers, phones, Internet,TV, etc.

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    So solar power is expensive?

    No

    Solar power installation could add about 4% to overall cost of your house.

    However, it immediately 'gives you back' the price premium of about 10%, whichis an increased value of your property, after making it energy efficient andrenewable. So, if you are a price cautious home owner and you always look for the

    best return of your investment, that is about 6% gain in the very start.

    You also get another immediate gain by lowering your monthly electricity bill andthat is going to last for another 25,30, 40 or more years!

    Solar Power System in your house behaves as a constant, silent, but persistentMoney Maker for its owner.

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    ACCEPTANCE OF VENTURE CAPITALIST

    Energy Venture Capital and Angel Investors List

    Firm Focus Web site

    Angels with Attitude See Soundpoint Ventures

    @Ventures (part of

    CMGI)2 clean tech investments; tech focus www.ventures.com

    Battery Ventures 2 energy investments; tech focus www.battery.com

    BASF Venture Capital 1 energy investment; materials, sciences www.basf.de

    BDC Venture Capital 5 energy investments; life sciences, technology www.bdc.ca

    Blackwolf PartnersNew firm expects to make some alt energy

    investmentsblackwolfventures.com

    Braemar Energy

    Ventures18 energy investments (4 current) www.braemarenergy.com

    Chrysalix Energy

    Management7 energy investments; fuel cells www.chrysalix.com

    Draper Fisher Jurvetson 3 energy investments; tech focus; CalCEF partner www.dfj.com/

    Easenergy (part of EDF) Makes non-cash energy investments www.easenergy.com/

    EnerTech Capital 20 energy investments; clean tech www.enertechcapital.com

    Expansion Capital

    Partners1 energy investment; clean tech www.expansioncapital.com

    Firelake Capital3 energy investments; energy & water focus www.firelakecapital.com

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    Management

    Fort WashingtonManages state-owned New Mexico Co-

    Investment Partnerswww.fortwashington.com

    Frazier Technology

    Ventures1 energy investment (Neah Power) www.fraziertechnology.com

    Hydro-Quebec

    CapiTech21 energy investments www.hqcapitech.com

    Inverness Capital

    Partners1 energy investment; industrial www.invernesscap.com

    Mohr DavidowVentures

    3 energy investments; materials, internet; lifesciences, semiconductors

    www.mdv.com

    NGEN Partners 4 energy investments; materials, infotech www.ngenpartners.com

    Nth Power 20 energy investments; CalCEF partner www.nthpower.com

    OPG Ventures (Ontario) 10 energy investments www.opg.com

    Odyssey Venture

    Partners1 energy investment; software www.2odyssey.com

    Pangaea Ventures cleantech pangaeaventures.com

    RBC Technology

    Venturesscience, biotech www.rbcroyalbank.com

    RockPort Capital

    Partners4 energy investments; materials www.rockportcap.com

    Rustic Canyon Ventures software www.rusticcanyon.com

    SJF Ventures 1 energy investment; cleantech www.sjfund.com

    Sound Point Ventures 4 energy investments; sustainability soundpointventures.com

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    Taproot Ventures industrial, materials www.taprootventures.com

    Technology Partners 4 energy investments; life sciences, infotech technologypartners.com

    VantagePoint Venture

    Partners IT & healthcare; CalCEF partner www.vpvp.com

    Yaletown Venture

    Partnerssoftware, materials www.yaletown.com

    Yellowstone Capitalmanufacturing, life sciences, interested in

    alternative energyyellowstonecapital.com

    Zero Stage Capital 1 energy investment; infotech, life sciences www.zerostage.com

    In the first three quarters of this year, U.S. venture-capital firms funneled $67.7

    million into the solar-energy sector, up from $31.4 million for all of 2004,according to the National Venture Capital Association, an Arlington, Va., tradegroup.

    That's more than 30 times the amount invested 10 years ago and presents moreevidence that record-high energy prices have incited a monumental push for

    cheaper forms of energy.

    The NVCA says solar investments for the first three quarters of 2005 representedmore than a third of the $194.6 million invested by venture-capital firms in theentire U.S. energy industry.

    The article also reports revenues for solar energy sales have grown 50% in the lastyear. However, a venture capitalist quoted in the article says few solar start-ups arenear to getting new products to market and most start-ups are basically doingscience projects hoping for a breakthrough. So while the higher oil and natural gas

    prices have stimulated demand for solar equipment no big price breakthroughsresulting from technological advances are in sight.

    It is expected that the price of oil to stay high enough in future years to maintainhigher levels of investments in alternative energy technologies. But one can onlyguess when investments will finally pay off with price competitive alternatives to

    fossil fuels.

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    EMERGING TECHNOLOGIES IN SOLAR ENERGY SECTOR

    Research and development by companies and research labs are continually

    discovering new techniques and materials that improve efficiencies and cut the costof capturing solar energy. The industry seeks to commercialize the most promisingtechnology to improve delivery of solar power generation for homes, business andgovernment. Examples include applying different materials for thin-film PVapplications, solar cooling systems, incorporating PV into building materials forroofing, windows and even painted surfaces.Other areas being aggressively pursued are storage systems (thermal andelectrical); solar hybrid lighting; improved manufacturing techniques;

    nanotechnology; low-cost semiconductor alternatives to polysilicon; andimproving concentrating solar power systems.