solfocus concentrator photovoltaics - ieee · • lcoe csp from: credit suisse equity research...

27
© SolFocus, Inc. 2010 Patents Pending SolFocus Concentrator Photovoltaics An Introduction Phil Metz, Director of Business Development July 21, 2010

Upload: others

Post on 18-Jun-2020

2 views

Category:

Documents


0 download

TRANSCRIPT

© SolFocus, Inc. 2010

Patents Pending

SolFocus Concentrator PhotovoltaicsAn IntroductionPhil Metz, Director of Business Development

July 21, 2010

Slide 2

Patents Pending © SolFocus, Inc. 2010

What it is and How it Works

SolFocus CPV Value Proposition

Advantages of this Design

Application and Deployments

Discussion and Q&A

Today’s Discussion

Slide 3

Patents Pending © SolFocus, Inc. 2010

What it is and How it Works

Slide 4

Patents Pending © SolFocus, Inc. 2010

Concentrating Optical System: 650X Concentration

High Efficiency Multi-junction PV Cells: ~40% Efficient

Dual Axis Tracking: Higher Yield and Match to Demand

SolFocus CPV Technology

Slide 5

Patents Pending © SolFocus, Inc. 2010

SolFocus CPV System

Power Unit CPV Panel CPV System

Cassegrain Imaging Concentrator

Primary Mirror, Secondary Mirror

Receiver UnitTertiary Non-imaging OpticMulti-junction CellHeat Spreader

20 Power Units for

330 Watt Rated Power

28 Panels Mounted on Dual-Axis

Tracker; 9.24 kW Rated Power

Slide 6

Patents Pending © SolFocus, Inc. 2010

SolFocus CPV Value Proposition

Slide 7

Patents Pending © SolFocus, Inc. 2010

Lowest Cost of Energy in Target Locations• Maximized Energy Yield

• Highest Efficiency

• Designed for Low Cost Manufacturing

Lowest Environmental Impact• Optimum Use of Land

• Next to No Water Usage

• Best Cradle-to-Cradle Footprint

• Simplified Permitting

Deployment Flexibility and Speed

• Scalable Deployments from 1 MW to 100 MW +

• Fast Project Deployment, Phased Ramp-up of Energy Production

• Flexible Site Lay-Outs – Terrain Tolerance

Proven Quality and Reliability

• Field-Proven Reliable Product

• Independently Validated Performance and Economics

• Certified: IEC, UL, CE, CEC

SolFocus CPV Value Proposition

Slide 8

Patents Pending © SolFocus, Inc. 2010

• 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%

• Source - industry reported data through 2010, projections through 2012

• LCOE CSP from: CREDIT SUISSE Equity Research Concentrated Solar Power, September 16 2009

Lowest Energy Cost In Target Locations

Best Si PV Tracked Thin Film

Highest Energy Production + Increasing Efficiency

Decreasing Manufacturing Costs= Lowest LCOE in Target Markets

Slide 9

Patents Pending © SolFocus, Inc. 2010

High Energy Yield

Higher Consistent Energy Production

0

300

600

900

1,200

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

Pow

er

Outp

ut

(kW

)

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

Consistent Energy Production; Ideal Match to Demand Curve

Slide 10

Patents Pending © SolFocus, Inc. 2010

High Energy Yield

10MW Solar Farm - Energy Output by Location and Technology

Low Temperature Degradation and Dual Axis Tracking Provide

Highest Energy Yield in Target Markets

Slide 11

Patents Pending © SolFocus, Inc. 2010

Efficiencies Continue to Rise

10%

15%

20%

25%

30%

2008 2009 2010 2011 2012

Rate

d E

ffic

iency

CPV Best PV Typical PV Best Thin Film

Slide 12

Patents Pending © SolFocus, Inc. 2010

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

Lowest Environmental Impact

Best in Class Thin Film Land Use: 2.3 acres

SolFocus Land Use: 2.0 acres

Best in Class Thin Film

Permanent Shading:

1.2 acres

SolFocus Panels:

0.4 acres

Land use for site generating 1 GWh/Year with:

SolFocus 25% CPV

11% Efficient Thin Film

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 13

Patents Pending © SolFocus, Inc. 2010

Best Cradle-to-Cradle Footprint

– Low Lifecycle GHG Intensity

– High Recyclability (97%)

– Short Energy Payback

No Water Consumption

Lowest Environmental Impact

Slide 14

Patents Pending © SolFocus, Inc. 2010

Highly Scalable: 1 MW to 100 MW+

Commercial, Industrial, Utility Applications

Fast Deployment, Phased Commissioning, Rapid Revenue

Terrain Tolerance Without Disruption

High Energy Yield Distributed Generation Near Use Points

Deployment Flexibility and Speed

2 MW

20-100+ MW

1.5 MW Industrial

Slide 15

Patents Pending © SolFocus, Inc. 2010

Proven Reliable Product

• Certification: IEC 62108, CEC-listed

• Field Performance Data: 3 years on sun

• ~250 million cell hours on sun

Predictable Performance and Cost

• Validated Performance and Financial Models

• LCOE Analysis: Advanced modeling

Third Party Validations

• Diligence Reports:

▫ Black & Veatch

▫ Garrigues

• Validated Field Data: ISFOC, PAW, APS

• Validated Energy and Cost Modeling

Proven Quality And Reliability

Slide 16

Patents Pending © SolFocus, Inc. 2010

Advantages of this Design

Slide 17

Patents Pending © SolFocus, Inc. 2010

Designed for Low-Cost Manufacturing

Automated Volume Manufacturing

Scalable and Global Manufacturing Capabilities• 50MW capacity 2010

• 100MW capacity in 2011

Total Manufacturing CapEx: $0.18-$0.24/watt• vs. $2 for Thin Film and $1.25 for Silicon PV

World-Class Manufacturing Capabilities and Partners

Manufacturing Capex ($/watt)

$0.21

$1.25

$2.00

SolFocus CPV

Silicon PV

Thin Film

DSBJ Manufacturing Partner,

China

Panel Assembly 50MW and

Scalable

Hexin Manufacturing Partner,

China

Tracker Mfg, China

100MW Capacity

Applied Manufacturing

Technologies,

Michigan

Manufacturing Development

Primary Mirror Manufacturing

Mesa, Arizona

32MW and Scalable

Meikle Automation

Kitchener, Ontario

Module Assembly Equipment

Slide 18

Patents Pending © SolFocus, Inc. 2010

SolFocus: Factory to Field

Slide 19

Patents Pending © SolFocus, Inc. 2010

Approach• Thorough reliability analysis throughout design (FMEA)

• Extensive accelerated aging in environmental chambers (HALT)

• Statistically large volume field data correlated with HALT

Panel• Glass, Aluminum, Steel - no plastic in optics path

• Compact panel for better environmental control

• Passive air cooling – no pumps, fluid, valves

Tracker• Electric drive - less maintenance than hydraulic

• Pole-mount tracker has fewer moving parts than other designs

SF-1100 Designed for Reliability

Slide 20

Patents Pending © SolFocus, Inc. 2010

SolFocus Utilizes Reflective versus Refractive Optics

SF-1100 Designed for Performance

Rugged, Field-Proven Materials

Significantly More Compact Panel (folded light path)

Higher Acceptance Angle

Greater Flexibility for Future Improvements

Slide 21

Patents Pending © SolFocus, Inc. 2010

Applications and Deployments

Slide 22

Patents Pending © SolFocus, Inc. 2010

Global Application of SolFocus CPV

Slide 23

Patents Pending © SolFocus, Inc. 2010

High Solar Resource Regions• U.S. Southwest, Western Plains, High Desert

Application of SolFocus CPV in US

Slide 24

Patents Pending © SolFocus, Inc. 2010

Operating or Under Construction

Palo Alto Wastewater (2007)

APS Star Test Facility, Tempe Arizona (2007)

KGO, Fremont, California (2008)

NELHA, Kona, Hawaii (2008)

ISFOC, Spain (2008)

EDF Utility, Italy (2009)

Victor Valley College, Victorville, CA (2010)

Volkswagen, Puebla, Mexico (2010)

Salida, Colorado (2010)

Alice Springs Airport, Australia (2010)

SDG&E San Diego (2010)

BECC, Juarez, Mexico (2010)

Crete, Greece (2010)

Global Commercial Deployments

Contracted

ADP Public Utility, Portugal (2010)

Mesa Water, Mesa, Arizona (2010)

Others Pending Public Announcement

Slide 25

Patents Pending © SolFocus, Inc. 2010

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

2.5 million kWh/year

• 30% of colleges electricity demand

Rapid Deployment

• March 2010 ground break

• May 2010 completion

College Economic Analysis*

• Project cost $4.7M

• Estimated LCOE without incentives 8.5¢/kWh

• Payback period: 5 years

Victor Valley College – 1 MW

*College project primarily funded by low cost capital

bonds; reported LCOE reflects the low cost of capital.

Largest CPV Plant in North America

Slide 26

Patents Pending © SolFocus, Inc. 2010

Alice Springs Airport, Australia

Note: Image of projected deployment.

Alice Springs, 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

30% of Airports Energy Demand

Rapid Deployment

• Ground breaking late May 2010

• Completion estimated July 2010

Slide 27

Patents Pending © SolFocus, Inc. 2010

Phil Metz

Director of Business Development

[email protected]

(408) 821-8059 Mobile

Discussion and Q&A