Siemens Solar PV: Presentation to SunSpec Alliance February 1st, 2012 © Siemens USA 2012. All Rights Reserved. Global presence Basis for competitiveness Germany 116,000 76 14.1 America 81,000 Asia, Australia 32% 15% 26.6 77 60,000 18.9 Europe, CIS, Africa, Middle East (excl. Germany) 23% 28% 102,000 71 17% 19% 36.5 67 28% 38% Stand: 30. September 2011 Employees Revenue (billions of $) All numbers refer to continuing operations. Page 2 SINVERT - We make the sun your source of energy Major production facilities © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Sectors and Divisions as of October 1, 2011 Energy Healthcare Divisions Fossil Power Generation Wind Power Solar & Hydro Oil & Gas Energy Service Power Transmission Divisions Imaging & Therapy Systems Clinical Products Diagnostics Customer Solutions Industry Divisions Industry Automation Drive Technologies Customer Services Infrastructure & Cities Divisions Rail Systems Mobility and Logistics Low and Medium Voltage Smart Grid Building Technologies OSRAM 1) 1) In fiscal 2011, Siemens announced its intention to publicly list OSRAM and, as an anchor shareholder, to hold a minority stake in OSRAM AG over the long term © Siemens USA 2012. All Rights Reserved. Page 3 SINVERT - We make the sun your source of energy I IA CE PV USA U.S. Broad presence in the world's toughest market Overview of fiscal 2011 Only major locations Sales & service Engineering / R&D Top manufacturing locations Manufacturing / assembly Sales (in millions of $) Employees R&D (in millions of euros) 18.8 55,690 977 Siemens is modernizing the U.S. infrastructure Siemens invested more than US$25 billion over the past 15 years Energy: Our power generation solutions help meet one-third of America's total energy needs. Siemens energy management and high voltage systems have boosted the capacity of existing power transmission lines by up to 24% Healthcare: Our ADVIA Centaur Vitamin D Total Assay helps physicians properly diagnose and treat the approximately 77% of US adults who are insufficient or deficient in vitamin D Industry: Our postal automation systems process 90% of the nation's mail Page 4 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA An Historical Overview: Doing successful business for over 150 years 1847 The dynamo created the basis for cost effectively using electric power. Werner von Siemens developed the needle telegraph; founded the “Telegraphen-Bauanstalt von Siemens & Halske“ in Berlin. Page 5 1953 1866 1923 Siemens developed the floating-zone method to manufacture extremely pure silicon. For the first time Siemens employed more than 100.000 employees worldwide. SINVERT - We make the sun your source of energy 2005 The Siemens regional business in Brazil – and in Portugal – celebrated their 100th anniversary. © Siemens USA 2012. All Rights Reserved. I IA CE PV USA History of Siemens PV activities 1950‘s Siemens develops first technology for silicon production, „Siemens Reactor“ 1980‘s First commercial use of Siemens PV panels and PV inverters for radio transmitters and grid connected power production 1986 Establishment of Siemens Solar GmbH Production of PV inverter, crystalline, a:SI and CIS PV modules 1987 Development of first three phase PV inverter 1997 Introduction of world‘s first central inverter first usage on 1,0 MW „Fair Munich“, introduction of Master-Slave system the 1998 Transfer of Siemens PV inverter business to Siemens A&D 2001 Joint Venture Siemens Solar – Shell Renewables – E.ON 2002 Shell acquires Siemens Solar Siemens Solar was 4th largest PV module manufacturer 2008 Opening of a new inverter factory 2008 3.000th Central PV inverter unit shipped PV module SM18 from 1982 still in use on buoys in Greece 1,0 MW plant „Fair Munich“ with first central inverter in 1997 More than 25 years of experience with PV installations and PV inverters Page 6 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Siemens Solar PV 1. Products a. Solar PV Inverters (microinverters, rooftop inverters, power plant inverters) b. Turnkey installation of rooftop PV systems, including solar carports c. EVSE – EV chargers for residential and commercial use 2. Services a. PPA (Power Purchase Agreements) – financing for PV installations b. O&M for PV plants/ service agreements Page 7 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Siemens Inverter Program Small Scale / Rooftop Commercial Utility Home / Dorm / High Rise Small to medium size Larger Commercial Utility type of PV power plant 0.2 to 50 kWp Commercial 50 to 1000kWp 500 to 2000kWp Typically 10 to 500MWp Page 8 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA SINVERT PVM UL inverters for the commercial segment SINVERT PVM UL Power output: 12 kW 16 kW 35.2in (895mm) 20 kW 24 kW Peak efficiency: For comparison: max > 98.2% Low weight: approx. 108 lbs 21.1in (535mm) Page 9 SINVERT - We make the sun your source of energy 11in (280mm) © Siemens USA 2012. All Rights Reserved. I IA CE PV USA SINVERT INTERNATIONAL We equip the largest PV power plants worldwide. Leipziger Land Copper Serpa Blythe Mühlhausen Pocking Desoto SpaceCoast Korea Beneixama Copper Mountain USA Beneixama Spain 20 MWp Serpa Portugal 11 MWp Pocking Germany 10 MWp 42 MWp Mühlhausen Germany 6,3 MWp Leipziger Land Germany 5 MWp Geiseltalsee Germany 4 MWp Gim Cheon Korea 19,4 MWp Blythe USA 21 MWp Desoto USA 27 MWp Space Coast USA 10 MWp Page 10 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Siemens SINVERT Inverters part of project awarded "Solar Project of the Year" Ninety-six Siemens Sinvert 550M inverters are part of Sempra Generation's award-winning Copper Mountain Solar project. Sempra Generation’s Copper Mountain Solar project, currently the largest photovoltaic solar plant in the U.S., has been awarded “Solar Project of the Year” by Renewable Energy World as part of the 2011 Excellence in Renewable Energy Awards. Announced in early March 2011 at the Renewable Energy World Conference and Expo in Tampa, Fla. Copper Mountain Solar was selected out of hundreds of nominations in the category. The 48-megawatt (MW) solar installation, located in Boulder City, Nev., about 40 miles southeast of Las Vegas, was completed in late 2010 and includes 96 of Siemens SINVERT 550kw Inverters, and now generates enough renewable electricity to power about 14,000 average homes. This project is part of more than 110MW of Siemens inverters that have been installed in the U.S. in the last 2 years. Page 11 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA SINVERT highlights PV plant highlights 1995 Breda 25 kW first SINVERT outside of Germany (Netherlands) 1997 Fair Munich 1,0 MW world’s first installation with a Central Inverter (GER) 2004 Mühlhausen 6,3 MW world‘s largest PV plant (GER) 2005 5 of world’s TOP 6 largest PV plants are running with SINVERT 2006 Serpa 11,0 MW world’s largest PV plant and first SINVERT in Portugal 2007 Renetec 3,0 MW first SINVERT in Korea 2007 Benejama 20,0 MW world‘s largest PV plant (SPA) 2009 DeSoto, 27,0 MW first and largest in USA 2009 Blythe, 21MW USA 2010 FP&L, 10MW USA 2010/11 Las Vegas, 48MW USA 2011 New Jersey, 2.4MW USA 2011 Coalinga, 1MW USA 2012 Fallon, 20MW USA Business highlights 2002 100th central inverter shipped 2004 More than 50 MVA total SINVERT power shipped 2006 More than 100 MVA total SINVERT power shipped 2007 More than 200 MVA total SINVERT power shipped 2007 1.000th central inverter shipped 2008 More than 500 MVA total SINVERT power shipped 2008 3.000th central inverter shipped 2009 100MW+ Inverter capacity sold in USA 2011 West Chicago facility starts production of SINVERT Page 12 SINVERT - We make the sun your source of energy 2004 – Floriade 2,3 MW 2007 – Benejama 20 MW 2009 – DeSoto 27 MW © Siemens USA 2012. All Rights Reserved. I IA CE PV USA SOLAR PV scope of supply Page 14 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Supply capacity already prepared for future market growth Germany, annual capacity 500MW (current) 1GW (2012+) North American manufacturing facility capacity 500MW: West Chicago, Illinois, USA 500MW: Burlington, Ontario, CANADA Fast extension of production using additional experienced Siemens facilities possible, if necessary Page 15 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Building Technologies: Alternative Energy Group Wastewater Treatment Water Meters Small Wind Page 16 Solar Landfill Gas Biomass SINVERT - We make the sun your source of energy Financing © Siemens USA 2012. All Rights Reserved. I IA CE PV USA 2 MW Solar PV Project – Sacramento, CA Page 17 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Solar Power Purchase Agreement (PPA) Program Structure Customer Solar PPA BT BAU PPA Provider Purchase Assignment and Use Agreement SFS Investor Equipment Supply and Services Agreements • Panel Providers • Inverters (Siemens) • Service Providers Page 18 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Siemens Smart Home Portfolio Page 19 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Residential Charging - Two Versions Offered VersiCharge Flexible charging Flexible installation Cost effective Page 20 SINVERT - We make the sun your source of energy VersiCharge SG VersiCharge plus…. Smart grid integrated Interoperable with home area networks Flexible colors and cords Field upgradable © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Siemens Electric Vehicle Portfolio Residential Charging Public Charging DC Charging harge Pass Charge Management Page 21 Low and Medium Voltage Infrastructure SINVERT - We make the sun your source of energy EV Drivetrain © Siemens USA 2012. All Rights Reserved. I IA CE PV USA Further information www.usa.siemens.com/solartechnology Laura Berland-Shane Siemens Industry - Solar VMM cell 310.266.0821 laura.berland-shane@siemens.com Page 22 SINVERT - We make the sun your source of energy © Siemens USA 2012. All Rights Reserved. I IA CE PV USA