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Product
Technology
Roll Out
• World’s most efficient photovoltaic modules (33.9%) • Enabling low system costs and high energy yields
• Unique branding capabilities
• Extremely small GaAs micro-cells with dual lens optics • Proprietary cell transfer micro-printing technology
• 12 issued US patents and 100+ patents pending worldwide
• Production commenced in July 2012
• Systems deployed in the field for 3 years
© 2012 Semprius | Proprietary & Confidential 3
MIT Tech Review: Top 10 Emerging Technology
"Semprius' technology is promising because it could significantly lower the cost of solar power for utilities."
Jason Pontin
Editor in Chief/Publisher Technology Review Published by MIT
June 2012 Edition
© 2012 Semprius | Proprietary & Confidential 4
HCPV Overview
High Concentration PV (HCPV) uses optics to concentrate the sun on high efficiency cells to produce cost competitive solar electricity.
High Efficiency III-V cells Current record: 43.5%
+
High Concentration Semprius: 1,100x
=
Cost competitive solar electricity
© 2012 Semprius | Proprietary & Confidential 5
Large Market for HCPV
► High Concentration PV (HCPV) outperforms traditional PV by 20% to 30% in high direct normal irradiance (DNI)1regions, which include over 30% of global electricity consumption
► Projected Total Addressable Market for HCPV of 9 GW per year with uptake of over 1 GW by 2015
Source: GTM Research (May 2011), CIA Factbooks (2003-2011),CPV Consortium, Semprius
1 DNI: Direct Normal Irradiance, the average amount of solar radiation received per unit area per day (kW/m2/day). High DNI regions include regions with >2,000 kWh/m2/year.
© 2012 Semprius | Proprietary & Confidential 6
Semprius Design Advantages
World’s Highest Efficiency Module • 33.9% efficiency
• Near-term path to 37%
High Efficiency, Low-Cost Microcells • 600 x 600 microns
• >41% triple junction cells
• Substrate reuse cuts cost in half
Lightweight (~13W/kg)
Thin (<7 cm)
High-Performance, Low-Cost Optics • 1,100x concentration
• Wide angle of acceptance
• Very uniform energy flux on cell
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