OPPORTUNITIES AND BARRIERS TO COMMERCIALIZE INNOVATIVE ISRAELI SOLAR CELL TECHNOLOGY

3GSOLAR PHOTOVOLTAICS LTD

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Startup developing innovative printed dye solar cells (DSC)

Staff of 15 located in Jerusalem, Israel

Backed by Smedvig Group (UK), the IEC and Huayou (China)

3GSOLAR -- WORLD CLASS CAPABILITIES

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DSC uses artificial photosynthesis to produce electricity

DSC is an Electrochemical Device, like a battery!

DSC uses dye, not silicon

DSC is nanotechnology

Range of colors

Flexible or rigid

Opaque or transparent

THE PRINTED ELECTROCHEMICAL SOLAR CELL –- NO SILICON!

WHAT IS A DYE SENSITIZED SOLAR CELL – DSC?

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BIPV

3GSOLAR PRINTED SOLAR CELLS AND APPLICATIONS3GSOLAR – THE LEADING DEVELOPER OF PRINTED DYE SOLAR CELLS (DSC)

Thick glass modules for curtain walls and windows

Thin modules for windows, greenhouses, overhangs

LARGE GLASS POWER MODULES FOR ON-GRID AND OFF-GRID ELECTRICITY

SMALL PLASTIC CELLS FOR INDOOR ENERGY HARVESTING

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3GSOLAR TRANSPARENT GLASS MODULE

Transparent DSC module installed in algae growing tank producing both biomass and electricity in same area.

FIRST PROTOTYPE – PREPARED FOR THE PROJECT BIOFUEL FROM MICROALGAE; DR. YARON YEHOSHUA, BIU

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The global market is flooded with solar cells

Solar cell R&D takes a long time

Solar cell R&D and production ramp are expensive Some USA companies spent >>$100M and failed

Israeli VC’s specialize in electronics and software, not technologies based on advanced materials

Considering all of their problems at home, why should foreign investors look at Israel? (I’ll tell you a little later)

CAN WE COMMERCIALIZE ISRAELI SOLAR CELL TECHNOLOGY?

THE QUESTION -- BARRIERS

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CAPACITY OVER TWICE MARKET DEMAND; 70% OF CAPACITY IN CHINA

PV PRODUCTION OVER-CAPACITY

Greentechsolar, PV Module Consolidation in 2013-2014

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PV MODULE PRICES CRASHINGBEST PRODUCERS NOT EARNING, OTHERS LOSING, MANY BANKRUPTCIES

from PVGroup, When will Global PV Supply and Demand Re-balance?

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Israel has world-class materials engineers and scientists

Israel has a culture of innovation and international cooperation

Israeli startups are generally cash-efficient

Israeli startups have government backing (Chief Scientist) and access to European R&D funding (FP7) But is the Chief Scientist budget going up or down?

Overseas investors greatly respect Israeli engineers, innovation and government backing

CAN WE COMMERCIALIZE ISRAELI SOLAR CELL TECHNOLOGY?

THE QUESTION -- THE OPPORTUNITIES

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Investors expect R&D grants, reducing their risk However, OCS budgets for industrial R&D are going down

The pilot stage costs even more than the product R&D Unlike electronics, there is no fab in Taiwan for the

product Will more Israeli funds be made available for the pilot

stage? And increased funding of beta sites?

What about the mass production phase? How much of the production can stay in Israel? Will government financial incentives be enough to keep

some production in Israel?

COMMERCIALIZING ISRAELI SOLAR CELL TECHNOLOGY

GOVERNMENT SUPPORT IS ESSENTIAL

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THANK YOUWWW.3GSOLAR.COM

Curtain walls and windowsOff-grid power

PV for agriculture (e.g. Greenhouses)

Overhangs, awnings & parasols

3GSolar Transparent DSC

BARRY N. BREEN, CEO3GSOLAR PHOTOVOLTAICS LTDTEL: +972-54-470-9956BBREEN@3GSOLAR.COM