T
THE
VALUE
CHAIN
Produrre fotovoltaico in
A SOLAR
FUTURE
Europa èFOR
ancora
possibile?
March 16th, 2015
Proprietary and Confidential
Produrre Fotovoltaico in Europa, o meglio in Italia, è
ancora possibile?
Produrre una commodity, accettando di fare perdite enormi… SI !!!
Il manufacturing si è spostato in Asia, con volumi 100 volte quelli delle aziende
europee, con risorse 500 volte più elevate. Lo Tsunami FV ha spazzato via il 95
% dell’industria manifatturiera europea ed italiana.
Produrre FV in Italia, con profitto e con un modello sostenibile è possibile?
SI !!
Nonostante l’ambiente fortemente ostile e difficile….( costo energia, costo
manodopera, burocrazia infinita, sindacati, banche, Ag Entrate, ………..ecc)
SI..È ancora possibile !! Come ?
Proprietary and Confidential
TRACK RECORD & MILESTONES
JOINT VENTURE
ITALY-RUSSIA
HELIOS
TECHNOLOGY
ITALY
SILFAB spa
ITALY
SOLAR PARKS
ITALY
2007
2009
ZEBRA CELL
KONSTANZ
SOLARIS
doo
CROATIA
1981
1983
PV TECHNOLOGY
TRANSFER
CHINA
1990
1986
2002
1999
1995
2000
PV TECHNOLOGY TRANFERS
INDIA
SWEDEN
SOUTH AFRICA
PV SYSTEMS
AFRICA
2006
2008
KERSELF GROUP
ITALY
BRINDISI
ITALY
2012
2010
SILFAB ONTARIO Inc
CANADA
2014
BISON
ITALY
GREEN TO GREEN
NORTH AMERICA
DELPHOS
ITALY
Proprietary and Confidential
3
COMPETENCES and KNOW HOW
MEGA GROUP Management Team have proven engineering competences and execution capabilities with
more than 34 years experience in the following areas:
o Polysilicon
o Ingots
o Wafers
o Cells
o Modules
o Components
o Turn Key Systems
Proprietary and Confidential
4
MegaCell Line
5
PV BUSINESS NETWORK
Franco Traverso
- Owner-
GRIDCO S.r.l.
(Italy)
60%
180 MW/yr Modules production,
expanding to 300 MW
Mega Group S.r.l. (Italy)
100%
Silfab S.r.l.
MegaCell S.r.l.
(Italy)
85%
(Italy)
100%
Silfab Solar Inc.
Mega Engineering S.r.l.
(Canada)
100%
(Italy)
100%
Solar Farms (SPV)
16MWp
(Italy)
Misr Solar Hldg
( JV Egypt)
20%
80 MW/yr BiSoN Cell production
Engineering (Manufacturing plants & Solar
Farms), Technology Transfer & licensing
Owner’s Engineering Services
(EPCM)
Operation & Mantainence
Services
120 MW/y BiSoN Cells & Modules
production in Egypt
6
WHERE is the PV sector going?
What about the future of PV ??
become a massive source of green energy
production & competitive Vs fossil fuels !!
PV 3.0 !! =>>
How to reach this goal ??
=>> Low LCOE ( levelized cost of energy ) BEYOND Grid Parity !!!!
LCOE !! THIS is the new driver of the PV market worldwide !! Subsidized markets
are coming to an end !! PPA is , and will be, the true tool to pay back the
investments in PV !!!
The key elements of the LCOE?=>>
QUANTITY OF Kwh/Kwp produced annually x number of years of useful and
productive lifespan of the PV system !!!!
Proprietary and Confidential
7
BiSoN TECHNOLOGY
The German R&D institute ISC Konstanz and the Italian Mega Engineering have signed an agreement for the
licensing of ISC’s bifacial BiSoN solar cell technology, including a technology transfer agreement,
guaranteeing extensive support by specialists of ISC Konstanz to Mega Engineering during the transfer and
ramp-up of the BiSoN technology in Egypt.
MegaCell (subsidiary of MegaGroup) is the Company already producing the Bison bi-facial cells in Italy (80 MW/yr capacity)
monocrystalline silicon N-type with high efficiency (over 20%) at competitive cost.
BiSoN production requires several patent-protected process steps regarding e.g. surface
passivation and diffusion process for the formation of the emitter and the back surface field.
MegaEngineering owns patent and license of the bi-facial solar cell (BiSon Technology)
which will be transferred to the New Egyptian JV.
Proprietary and Confidential
8
BiSoN APPLICATION
Different implementations of bifacial modules (landscape pictures taken from PVG Solutions
Source: PV Tech.org, may 2014
Proprietary and Confidential
9
High Eff Vs Low cost modules comparison
High efficiency
High cost
High efficiency
Low cost
High efficiency Module
ZEBRAIBC( front
(e.g. HIT, existing IBC modules etc)
side only)
BiSoN ( front
Standard efficiency
side only)
MWT, PERC
avg. estimated CoO
2014 Standard Module
sales price range (Q4/2014)
Low cost
Sources: Pvinsights, Photon, ITRPV 2013, Eurotron, own calculations (CoO depending on location of manufacturing site)
10
Proprietary and Confidential
The Value Chain
for a Solar Future
LCOE Projection (Chile example)
Levelized Cost of Energy ($/kWh)
(LCOE)
0,20
0,15
0,10
LCOE
LCOE WITH BIFACIAL MODULES+ TRK
0,05
0,00
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
source: FT
11
confidential and proprietary information
2020
12
Proprietary and Confidential
GLOBAL view & Local approach
MODULES
150 MW/y
BiSoN CELLS
150 MW/y
MISR SOLAR
INDUSTRY
BiSoN CELLS
+ MODULES
120 MW/y
LEGENDA
Production Plants
Covered markets
Proprietary and Confidential
13
COMPETENCES and KNOW HOW
MEGA GROUP Management Team have proven engineering competences and execution capabilities with
more than 34 years experience in the following areas:
o Polysilicon
o Ingots
o Wafers
o Cells
o Modules
o Components
o Turn Key Systems
14
Proprietary and Confidential
Proprietary and Confidential
Proprietary and Confidential
Press Release • 25 November 2014
MegaCell and Misr Asset Management jointly announce the common
intent to build a 120MW/year production plant of bi-facial high efficiency
solar cells and modules in Egypt within 2015.
ROMA, Italy, Nov. 25, 2014 – MegaCell the leading Italian photovoltaic
manufacturer, owned by Mega Group, and Misr Asset Management, the Cairo-based
Investment Bank which provides fund management, investment advisory, portfolio
management and private equity services and is owned by Egypt’s leading insurer
Misr Insurance Holding Company announce together the signature of a
Memorandum of Understanding for the construction of a 120MW/Year production plant
of bi-facial high efficiency solar cells and modules in Egypt within 2015.
Proprietary and Confidential
Focus on ZEBRA technology
ZEBRA features
Large IBC cell dimension:
industry-standard 156 × 156 mm2 pseudo square
N-type Cz wafers ( now available at almost the same cost of
P type)
Low CoO
Upgraded conventional equipments being utilized nowadays in
most PV industries
Bifacial with high bifaciality ratio ( 75+%)
18
Proprietary and Confidential
MegaCell invests in the innovative “ZEBRA”technology
to start mass production @ end of 2015
2015
19
MegaCell and ISC institute reach the target of
over 21,5+ % efficiency on the “Zebra” IBC cell.
Proprietary and Confidential
MEGA GROUP ROADMAP to ON FIELD high eff.
EQ EFF = Equivalent efficiency = Front efficency FR + ( Back efficiency BK * 22%)
MEGACELL BiSoN and ZEBRA Bi-facial Cells technology
Ion Implanting ZEBRA Mass
Production
EFF 23+% FR +19+% BK
=> 27+ % EQ EFF
Ion Implanting. ZEBRA Pilot line
Ion Implanting ZEBRA (R&D)
ZEBRA cell+ modules Mass
Mass Production
EFF 22% FR+17%BK => 25+% EQ EFF
ZEBRA Cell+Modules Pilot line
Pilot line
ZEBRA IBC Cell + Modules (R&D)
Modules (R&D)
BiSoN Cell+ modules mass
production
Efficiency 20,4 % FR+17% BK => 24+ % EQ EFF
2015
2016
Proprietary and Confidential
2017
2018
20
history of glasses
THANKS FOR THE
PERFECT ORGANISATION!
star treck
PV future
google
PV future
glasses
PV future
monocle
PV present
Thank you!
T
For more information,
www.megacell.it
CONTACT US:
MegaCell S.r.l.
Via Postumia 9B
35010 – Carmignano di Brenta (Padua), Italy
E-mail: [email protected]
Proprietary and Confidential
ingot resistivity