MANZ AG CIGS Turnkey Production Line; The perfect model for - PowerPoint PPT Presentation

MANZ AG CIGS Turnkey Production Line; The perfect model for creating value locally B.Sc. Civil Eng. Mohamed Alammawi Dubai / UAE, 27 th September 2017

MANZ AG HISTORY / TECHNOLOGY 18.09.2017 Strictly confidential/Streng vertraulich 2

PHOTOVOLTAIC TECHNOLOGY PV TECHNOLOGY – SOLAR cSi TFS CIGS 18.09.2017 Strictly confidential/Streng vertraulich 3

PHOTOVOLTAIC TECHNOLOGY WHY THIN FILM Process chain CIGS Module Much shorter process chain Process chain cSi Source: Natureo Finance  Crystalline solar needs much more production steps and a large supply chain.  All production steps for CIGS modules can be covered in one plant  all-in-one fab Glass in – Module out  To be competitive with crystalline solar an investment of at least 1 billion Euro is needed only for silicon (raw material) production.  With the same investment a CIGSfab would produce 10 million CIGS modules per year  With CIGS a local content of more than 70% is easily possible Thin film much more suitable for local manufacturing Thin film much more suitable for large scale manufacturing 18.09.2017 Strictly confidential/Streng vertraulich 4

PHOTOVOLTAIC TECHNOLOGY WHAT IS CIGS? – THE LEADING THINFILM TECHNOLOGY Substrate configuration Device structure Sunlight n + -TCO: ZnO:Al 1 µm CIGS stands for the power generating semiconductor material consisting of: ZnO 50 nm CdS 50 nm Copper, Indium, Gallium, and diSelenide . n-type Buffers photo-generation & separation Front Glass CIGS Encapsulate (Lamination) 700 µm p-type Absorber: Cu(In,Ga)Se 2 2 µm Back contact: Mo 400 nm Molybdenum Substrate: Float glass 3 mm 18.09.2017 Strictly confidential/Streng vertraulich 5

PHOTOVOLTAIC TECHNOLOGY THIN FILM PHOTO VOLTAIC STRUCTURE: CU(IN,GA)SE2 Power is generated in a very thin absorber layer (90 times thinner than the layer in a cSi module) 18.09.2017 Strictly confidential/Streng vertraulich 6

MANZ CIGSFAB CIGSFAB: MANUFACTURING LINE WHAT IS THE CIGSfab? The CIGSfab is a fully integrated, turnkey production line for CIGS thin film modules. In the CIGSfab, a solar module is manufactured starting from a normal glass panel in a fully integrated and automated production process. Standard CIGS Video Clip: Advanced technology Module https://youtu.be/E1FlxoUlAFo and equipment 0.72 m 2 18.09.2017 Strictly confidential/Streng vertraulich 7

CIGSFAB BUSINESS CASE: OPEX STRUCTURE 6% 12% Variable Cost 27% Depreciation 70% OPEX Variable below 0.37 € /Wp <0.25 € /Wp Man Power BOM Facility & Maintenance 88% CIGSfab7: 153 MW Production Line  <0.37 € /W Module production cost:  ~ 0.25 € /Wp Variable cost:  Driver is BOM cost  Absorber material in one CIGS module:  Copper ~ 1,4g / Gallium ~ 0,7g / Indium ~ 2,2g / Selenium ~ 4,4g  Local content: > 70% of variable cost:  Glass, JB, CIGS material, lamination foil, sputter targets, electrical power 18.09.2017 Strictly confidential/Streng vertraulich 8

CIGSFAB POSITIVE SIDE EFFECT: PV AS JOB ENGINE  PV Industry creates new jobs in domestic employment market  220 direct jobs are created at a fab of 153MW  Additional > 1000 new jobs in indirect participating branches  Know-How transfer into the Country  High local content; With CIGS a local content of more than 70% is easily possible  Sustainable access to renewable energy  Resource saving power generation 6 5 PV Production (Replacements, Expansions) 4 Relative Units Diverse Branches 3 (Installers, System Components) Machine Building 2 levelized 1 Handcraft, Service 0 direct indirect Source: Own evaluation based on study of Fraunhofer ISE 18.09.2017 Strictly confidential/Streng vertraulich 9

INVESTOR VALUE BUSINESS MODEL INVESTOR VALUE: $ With an IRR of > 15 % (Internal Rate of Return), the Manz CIGS fab is currently one of the most profitable investment opportunities in the energy market. $ Attractive IRR: between 15 % - 25 % in PV energy generation $ Competitive LCoE $ Low OPEX (Operational Expenditure) 18.09.2017 Strictly confidential/Streng vertraulich 10

CIGS MODULE FIELD PERFORMANCE TEST SITE SUZHOU / CHINA: ENERGY YIELD Location: Suzhou, Jiangsu Province, China (Latitude: 31° 19´ N / Longitude: 120° 36´ E) Orientation: East and West; Slope: 3° • Monitoring start: 2015/08/01 • Modules: Manz CIGS / Capacity: 1.245 MWp (13850 modules) • Inverter: 2x Kaco XP550 (550kW) • Monitoring: Kaco 140 CIGS c-Si 120 100 kWh/kWp 80 60 40 20 0  CIGS monitoring system energy yield exceeds c-Si reference 18.09.2017 Strictly confidential/Streng vertraulich 11

CIGS MODULE FIELD PERFORMANCE TEST SITE MUGLA / TURKEY: ENERGY YIELD Location: Mugla, Turkey (Latitude: 37° 13´ N / Longitude: 28° 22´ E) Height: 660m; above sea level; Orientation: South; Slope: 30° • Start-up: 2013/09/11 • Modules: 20 modules Manz M-GES101E090 (4 strings) / Capacity: 1.8 kWp • Inverter: SMA Sunny Boy SB2000HF • Monitoring: SMA Sunny Portal, Sunny Sensorbox/WebBox 200 CIGS (Manz) bc-Si m-Si 180 160 Energy Yield (kWh/kWp) 140 120 100 80 60 40 20 0 Nov-13 Dec-13 Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17  10% higher energy yield for CIGS versus c-Si 18.09.2017 Strictly confidential/Streng vertraulich 12

CIGS MODULE FIELD PERFORMANCE TEST SITE DAMMAM / SAUDI ARABIA: ENERGY YIELD Location: Dammam, Saudi Arabia (Latitude: 26° 25´ N / Longitude: 50° 07´ E) • Monitoring start: Oct 2013 • Modules: Manz CIGS / Capacity: 2x 2.7 kWp • Inverter: SMA SB2500/3000HFUS • Monitoring: SMA  +8%/+15% higher energy yield for Manz CIGS systems compared to thin-film silicon (cleaned and not cleaned systems, respectively) 18.09.2017 Strictly confidential/Streng vertraulich 13

CIGS MODULE FIELD PERFORMANCE TEST SITE RIYADH / SAUDI ARABIA: ENERGY YIELD Location: Riyadh, Saudi Arabia (Latitude: 24° 38´ N / Longitude: 46° 43´ E) Orientation: East - North East (60°); Slope: 7° • Monitoring start: 2013/11/25 • Modules: Manz CIGS / Capacity: 7.88 kWp • Inverter: Kaco Powador 9600 CIGS Manz c-Si • Monitoring: Kaco *off-grid times in Q2/2014 during electrical re-configuration, off-grid since May2016  significantly higher energy yield for Manz CIGS compared to c-Si  possibly higher impact of soiling by sandstorms for c-Si systems 18.09.2017 Strictly confidential/Streng vertraulich 14

CIGS MODULE FIELD PERFORMANCE TEST SITE RIYADH / SAUDI ARABIA: DUST ACCUMULATION CIGS c-Si  possibly higher impact of soiling by sandstorms for c-Si systems due to shading effect:  CIGS module power reduced by shading fraction  c- Si module power reduced to „zero“ in worst case 18.09.2017 Strictly confidential/Streng vertraulich 15

KEY ADVANTAGES ADAPTIONS FOR LOCAL CLIMATE: AREA(S) OF OPTIMAL USE Outstanding Temperature Coefficient. Even in blazing sunshine, the lower temperature coefficient of CIGS solar panels proves higher power yield  Better thermal coefficient with less losses at high temperatures  Significantly higher energy yield modules are desired  Wider acceptance angle  More sensitive to longer wavelength  Possibly higher impact of soiling by sandstorms  Less shading and dust sensitivity  Best for building integration 18.09.2017 Strictly confidential/Streng vertraulich 16

CIGS MODULE FIELD APPLICATION EXAMPLE: LAND SCAPE ENTGRATEND Ground Mounted System: 1 MW installation in Kunming 18.09.2017 Strictly confidential/Streng vertraulich 17

CIGS MODULE FIELD APPLICATION EXAMPLE: WORLD JEWELRY CENTER, MILAN, ITALY Curtain Wall, East- and Westside • 1,077 pieces CIGS modules • 80.7 kWp • Dimensions: 1,200x600 mm • In cooperation with TOSONI, FAR Systems • Completion: August 2008 18.09.2017 Strictly confidential/Streng vertraulich 18

CIGS MODULE FIELD APPLICATION EXAMPLE: SOUTH RAILWAY STATION, BEIJING CHINA Roof-Integrated system • World´s largest CIGS building integrated PV System • 5.200 CIGS modules  435 kWp • Fields with 2 or 3 modules • In cooperation mit Ruihua Construction Corporation (RHC) • Completion: August 2008 18.09.2017 Strictly confidential/Streng vertraulich 19

CIGS MODULE FIELD APPLICATION FLEXIBILITY: SCREEN PRINTING / SEMI-TRANSPARENCY 30% Stripe Design 40% Printing rate INDIVIDUAL CUSTOMIZATION OPTIONS 18.09.2017 Strictly confidential/Streng vertraulich 20