Concentrated
PhotoVoltaic
Technology - CPV
MAGPOWER
2º Congresso de Engenheiros
de Língua Portuguesa
November 27-88 2014
Venetian Hotel, Macau
Manufacturing Layout & Equipment
MAGPOWER
is
industrialized
an
and
European
company
manufactures
Photovoltaics, designated as
the
3rd
that
developed,
generation
of
Concentrated Photovoltaics
Technology.
The compelling results we have achieved in more then 9 years
of research & development helped us in reaching stateof-the-art technology in solar power generation.
MAGPOWER patented technology, MagSun, allows
generating energy at the lowest cost of solar
technologies!!!
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
How CPV Works ?
800X
Traditional silicon technology
Magpower’s Technology
•The main advantage of Concentrating Photovoltaics (CPV) is the amount of
solar energy that reaches the cell
•The cells used are able to handle much more energy and efficiency than
silicon cells.
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
High Performance CPV Cells
Silicon Cell Performance
CPV Cell Preformance
39% to 41% efficiency
12% to 19% efficiency
• Multi-junction solar cells provide solar spectrum conversion with higher
efficiency.
• Achievable efficiency of multi-junction cell is > 40%.
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
Technology Leadership
Top-notch efficiency
MAGPOWER technology ranks high in laboratory efficiency results as it is
based on the leading multi-junction cell manufacturer Spectrolab (Boeing
Group) and …..
Magpower Cells
Source: NREL – National Renewable Energy Laboratories
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First Tuesday Zurich
Energy Generation – CPV versus PV
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First Tuesday Zurich
CPV is best for remote high insulation areas
Regions with very high DNI (above 2500 kW/m2): North China, North
Africa, South Africa, Golf Region, California, Chile, Australia
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First Tuesday Zurich
Performance in practice in China
•
Location: Western China (high
level of irradiance)
•
Number of hours: 2.970 hours per
year
•
Considering: investment
amortization in 25 years,
operation & maintenance costs,
insurances, warranties for 25
years
Solar Plant
The cost of energy is less than RMB 0,58 / kwh
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
BRIEF COMPANY
PRESENTATION
Magpower – Leading the way in CPV
Top-5 CPV player globally
• Started R&D in 2002
• HQ’s in Portugal
• Over 90 staff
• 6 years of proven, very successful
in-the-field track record
• 15MW already installed
• ~5% global market share
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Best positioned to win
• LCoE below competition, and further
tech & cost evolutions already defined
• Proprietary tech in almost all key
system components & plant machines
• Very strong project pipeline, profitability
already achieved
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
Magpower Industrial Plant in Portugal
Production capacity of 25M to be upgraded do 54Mw
The main site is based in Lisbon:
Holding, R&D Center, Modules and
Tracker Manufacturing
Factory with 8.000 m2
High Automation Level
Modules and Trackers Manufactured Internally
Anually Capacity of 54 MW (soon)
R&D main labs
Cleanning Rooms of 400 m2
Magpower’s MagSun® system
1. A top-notch technology,
with best-in-class results
4. Trade secrets throughout
the production process
2. Extensive proof of field
results at clients’ sites
5. A set of patent-protectable
elements of the final product
3. Several proprietary
technologic features
6. All R&D focused on
LCoE optimization
© 2014 Copyright, MAGPOWER
Lisbon
First Tuesday Zurich
Magpower becomes a global reference in the
HCPV field - #4 player globally
HCPV global module production capacity
Italy
Portugal (Cacém)
CapeVerde
Portugal (F. Alentejo)
Portugal (Algarve)
Portugal (Loures)
© 2014 Copyright, MAGPOWER
Sicilia
First Tuesday Zurich
Magpower’s CPV Long Track Record
MagSun® Technology
• MAGSUN is a concentrated Photovoltaic
technology that combines a patented system to
concentrate radiation in a very high efficient trijunction cell and a high precision tracking
system, to increase significantly the energy
yield.
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
Magpower’s CPV Long Track Record
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
TECHNOLOGY
ROADMAP
MAGPOWER has a strong track record of cost
decrease
MAGPOWER is one of the world`s largest manufacturers of CPV solar modules and trackers. The MAGSUN®
TRK-180 represents the latest advancements in solar module technology and is rapidly driving down
the cost of solar electricity to rates comparable with traditional fossil fuel-based energy sources.
2006
2007
2008
TRK 28
TRK 48
TRK 60
Concentration level and operating
conditions have been improving…
Date
Tracker
Module
Concentration
Level
Power per Cell
of 1cm2
Cell
Operating
Temp. above
ambient
2004
TRK-12
180x
6,5 Watts
65º
2006
TRK-28
260x
7,9 Watts
50º
2007
TRK-48
460x
12,8 Watts
40º
2009
TRK-60
800x
18,3 Watts
35º
2011
TRK 80
800x
22,0 Watts
25º
2013
TRK 150
800x
22,0 Watts
25º
2014
TRK 180
800x
22,0 Watts
25º
2016
TRK 280
1600x
31,0 Watts
20º
2018
TRK 350
1600x
38,0 Watts
20º
2010
2012
2013
TRK 80
TRK 95
TRK 150
… leading to a sustained decrease in MAGPOWER’S solar
Wemodule
have the most
cost-effeccost
ve CPV technology
technology
We are already compe ng with PV today in certain geographies
LCOE cost comparison trends for PV best in class,
CPV industry es mates, and Magpower
$ / MWh
Magpower has consistently
been achieving costs below
our compe tors’ …
… and it will be cost
compe ve with best in class
PV technology through 2014,
in regions with high DNI
2011
2012
2013
2014
2015
•Dates of start of mass production (after product certification)
First Tuesday Zurich
Note: Information displayed is relative to end of each year; Source: Bloomberg New Energy report “Solar – Research Note” on CPV, from 3/Dec/2012; : Bloomberg
Energy report “Levelised cost of electricity update: Q3 2012; Magpower
© 2014New
Copyright,
MAGPOWER
Future Strategy
Complementary R&D Magpower Programs
Strong investment in the Research & Development of new technology solutions,
using MAGPOWER’S Technology to concentrate solar radiation
Solar Concentration converted
to Electrical Energy
Commercial
2014
Solar Concentration converted
to Hydrogen
Product
Development
2014-2015
Solar Concentration converted
to Water Desalination
Product
Development
2015-S1
Lab Test &
Prototype
2016-S1
Lab Test &
Prototype
© 2014 Copyright, MAGPOWER
2015-S2
Field Test
2016-S2
Field Test
2016
Commercial
2017
Commercial
First Tuesday Zurich
Concentrated Radiation converted to
Thermal Heat
Using Magpower’s Solar Concentration Technology and an innovative Light-Guide
System, will be possible to generated very high temperature to be used in:
Solar Fuel
(hydrogen)
Concentrated
Radiation
(temp > 2000ºC)
First step—solar
reduction
ZnO -> Zn + 0.5O2
Second step—(nonsolar)
oxidation
Zn + H2O -> ZnO + H2
Water
Treatment
RCT – Radiation Concentration and Transmission
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
COOPERATION
PORTUGAL - MACAO
Cooperation Portugal - Macao
MAGPOWER and CESL ASIA
Partnership Rational
 Asian Solar Market is one of the most promising solar market including regions with
very high DNI, allowing CPV technologies to reach the lowest LCOE against other
alternative solar technologies
• Solar program to install several Gw
• Great interest in receiveing solar innovative technologies industries
 MAGPOWER is an European Company specialized on the “Solar Concentration”, being
actually one of the world`s largest manufacturer of Concentrated Photovoltaics
Technology (CPV) with long track record
• Very interested in Asian solar market
• Continuous innovation program
• Technical and Industrial skills
 CESL ASIA is a Chinese Group with strong presence and market knowledge
• Very interested in solar market
• Industrial and installation skills
• Strong balance sheet
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
MAGPOWER & CESL ASIA
Cooperation Portugal – Macao
Considering:
Considering:
• MAGPOWER has one of the best CPV
technologies in the world
• MAGPOWER has strong industrial skills
• MAGPOWER focus on continuous innovation
to launch new products in order to reduce the
LCOE
• MAGPOWER is very interested to take an
important position in Asian solar market
• CESL ASIA has strong presence and knowledge
of Asian market
• O&M and Induatrial experience
• Strong balance sheet, allowing access to
bigger solar projects
• Integration in value chain
• Interest to have an important role in Asian
solar market (Chinese and Others)
50%
50%
Magpower Asia Industrial Plant for HCPV
Asia
© 2014 Copyright, MAGPOWER
First Tuesday Zurich
END
Mr António Trindade
Chief Executive Officer
CESL Asia – Investments & Services, Limited
Ave Praia Grande No 517
Edif Com Nam Tung, 21 andar
Macau
General Line: +853 28322388
Email: caleo.sio@ceslasia.com
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© 2014 Copyright, MAGPOWER
First Tuesday Zurich