UCD TCD DCC Transforming Ireland series UCD TCD DCC Transforming - - PowerPoint PPT Presentation

Ireland’s Innovative Future – 3G Solar Technology

Mazhar Bari, CEO ,

21st October 2010

UCD TCD DCC Transforming Ireland series UCD TCD DCC Transforming Ireland series

Total solar irradiance: 120,000 TW 18 Terrawatts needed for the world’s current population Black circles indicate the area required at six locations on the

2

Black circles indicate the area required at six locations on the Earth’s surface to provide all the energy needs

Economic Drivers (PV)

1 0.1

3

Cost? – Competitive before 2020 - Target < €1.0/Wp

European Photovoltaic Industry Association (EPIA) statistics ( )

• In Europe, approximately 120,000 employed in solar
• By 2020 over 2 million are expected to be working in the sector
• By 2020, over 2 million are expected to be working in the sector

globally

• By 2030, this could increase to 10 million worldwide

y ,

• New PV production facilities create ~20 jobs per MW of capacity

adding ~30 additional jobs per MW installed capacity in services (wholesale, retail, installation and maintenance sectors). These later jobs are mostly located on a regional level near to the final customer

• PV could supply as much as 12% of EU electricity demand by

2020 (Paradigm Shift scenario)

4

www.setfor2020.eu

40 Jobs 30 (Number /MW) 20 10 Coal Gas Nuclear Tidal Wind Geo- Biomass Solar PV thermal thermal

Job Creation Potential of Various Electricity Generation Assets

(Source: INEEL, BC Sustainable Energy Association, Renewable Energy Policy Project, Lehman Brothers R h)

5

Research).

Solar as an Electrical Power Source for Ireland?

To satisfy Ireland’s current electric power needs (3GW)

• sat s y

e a d s cu e t e ect c po e eeds (3G ) commercial photovoltaic (PV) devices (~15% solar energy conversion efficiencies) require a land area of approximately (13 - 17 km)2

6

17 km) ⇒ ~ 0.3% of the total land area.

• Founded 2008

L di l i th

• “SolarPrint is an ethical,
• Leading player in the

commercialisation of DSSC technology

, innovative, world class provider of secure and t i bl l b l sustainable global energy ”

• We are committed to

being at the forefront of being at the forefront of developing the next generation of light g g conversion technologies

7 SolarPrint HQ in Sandyford, Dublin, Ireland.

Value Proposition

• SolarPrint paves the way to the mass production of inexpensive photovoltaic

cells that could become commercially viable even without subsidies

• Free from the limitations of silicon, SolarPrint produces Dye-Sensitised Solar

Cells (DSSC), made from abundant materials in a simple all-printable process

• Efficient from any angle of incidence, even at diffuse light, DSSC works where
• ther PV technologies fail - opening a world of new solar-powered applications
• SolarPrint targets billion dollar markets, initially focusing on powering consumer

electronic devices and building-integrated PV

• The company is completing design of its first mass volume production facility
• The company is completing design of its first mass volume production facility -

towards launching commercial products in 2012

8

Senior Management Team

• Dr. Mazhar Bari

CEO Advisory Board Padraic White Scientific Advisory Board Prof Don MacElroy

Expert in nano- materials & thin film device fabrication

Brendan Cummins

• Prof. John Gregg

Harry Cassidy

• Prof. Don MacElroy
• Prof. Ravi Thampi

Andre Fernon CFO Roy Horgan

• Bus. Dev.

Di t

• Dr. Jarl

Niskfolk M f t i

• Dr. David Jeng

R&D Rory Timlin Operations Director Manufacturing

Decades of combined experience in DSSC, material science, nano ink formulation, chemistry, thin film manufacturing, finance and technology commercialisation

9

gy

Solar Cells: Evolution and Challenges

Generation 1 Generation 2 Generation 3

Mono crystalline Poly crystalline a-Si thin film OPV Mono crystalline Poly crystalline a Si thin film OPV

• Mature technologies, but cost

and efficiency improvements

• Uses less silicon, but still

constrained by the same material limitations

• Efficiencies still low, even in the

lab; no mass production solution and efficiency improvements hard to achieve due to inherent limitations of silicon CIGS CdTe DSSC

• Break from silicon, but rely on

rare and toxic materials

• 12% efficiency already achieved,

but no mass production solution - until SolarPrint

10

until SolarPrint

DSSC: Artificial Photosynthesis

• Achieves higher power output
• ver a day, as cell remains

efficient from any angle of

Structure and Operation

y g incidence and in diffuse light

• Uses abundant materials and a

simple manufacturing process g

• dramatically lowering costs at

high volumes

• Can be made flexible and

colourful

Light absorbed by dye > electron injected from excited dye into layer of titanium dioxide (TiO2) > redox couple effect generates electricity

11

g y

SolarPrint DSSC vs. Silicon: Performance

Outdoors

Power Density at Various Angles (mW/cm2)

Indoors

Power Density at Various Light Intensities (µW/cm2)

Lux

12 12

SolarPrint DSSC vs. Silicon: Cost

Mono Crystalline Silicon and SolarPrint DSSC (US$ per Watt)

13 13

Commercial Applications

2010 2015 2012

Efficiency Lifetime

4-6% 3-5 yrs 12%+ 10-20 yrs 6-7% 5-10 yrs

• Building energy

systems (wireless

y

• ns
• Building Integrated PV
• Automotive PV
• Distributed power

generation

y

systems (wireless sensors)

• Consumer electronic

devices Applicati

• Automotive PV

g

• Supplying electricity to

the grid

14 14

COMMERCIAL ROAD MAP COMMERCIAL ROAD MAP Commercial Development

2010 2011 2012

FP7’s (FIAT & IMEC & Other R&D) FP7’s (BIPV) Pilot Projects HVM Revenue

Collaborations:

University

• f

Limerick UCD Dublin City

SolarPrint

UCD y University

Celtic Catalyst

Nova UCD

16 16

PRODUCT SEALI NG STRATEGI ES STRATEGI ES

Business Model & DSSC Value Chain Business Model & DSSC Value Chain

Special DSSC Solar Cells & System Final Raw Materials p Materials & Tools Solar Cells & Modules y Manufacturing & Wholesale Assembly & Retail

Focus on technology, materials &

commercialisation commercialisation

Outsourced manufacturing model Develop commercial relationships with

OEM’s who provide distribution channels for OEM’s who provide distribution channels for end product

MANUFACTURING ROAD MAP MANUFACTURING ROAD MAP

Scaling Production

2010 2011 2012

Pilot Prod ction Line (100 000 nits p a / 0 1 MW) Pilot Production Line (100,000 units p.a./ 0.1 MW) Pre-qualification for Scale Location Establish Scale Operation Commence Production (1-1.5m p.a./1-1.5MW)

MANUFACTURING ROAD MAP

Opportunities for Ireland Inc

• Develop a new 3rd Generation Solar I ndustry in

I reland

• Focus on Smart manufacturing, export and jobs

g, p j

• I nvesting €100m over 10 years will create

1,000 PhD roles 1,000 PhD roles 10,000 jobs > €1 billion of exports

19 19

MANUFACTURING ROAD MAP

Research & Development Commercialise Growth Sustainability

STAGE 1 STAGE 2 STAGE 3 STAGE 4 Universities Entrepreneurs / HPSUs Foreign Direct Investment Profitability Research Centres Eco-system Development Eco-system Development Infrastructure & Regulation Corporate R&D Corporate R&D Corporate R&D Re-Investment in R&D

20 20 20

Potential New Employment in the Solar Sector

1.0E+05 d 1.0E+04

• bs Created

1.0E+03 te Sector Jo 1.0E+01 1.0E+02 ative Privat 1.0E+00 Cumul 2007 2011 2015 2019 2023 2027

Projected cumulative growth of SolarPrint (DSSC) 2010-2021 Conservative baseline (~half EPIA) cumulative growth of jobs in

Year

21

Conservative baseline (~half EPIA) cumulative growth of jobs in the Solar sector (all HPSUs, suppliers, support services, FDI)

MANUFACTURING ROAD MAP

Enterprise Ireland Universities IDA

Solar Energy gy Industry

Solar Research Cluster SEAI Cluster SFI

Thank you mbari@solarprint.ie

22 22 22 22

y