Nicolas Morgan VP & Biz Dev 416.203.1655 [email protected]

Nicolas MorganVP & Biz [email protected]

new ideas for solar power

Utility Scale Solar Farms

• 100 kW to 100 MW

• Grid Connected

• Large customers

Cost vs. Efficiency

Thin Films Low Cost

Higher Cost

Expensive

Low Efficiency

Medium Efficiency

High Efficiency

Silicon PV

CPV

MorganSolar

High EfficiencyLow Cost

Cost vs. Efficiency

Low cost, efficient solar panels are possible.

Our Approach to CPV

LSO optics make the Sun Simba HCPV possible.

Light-guide Solar Optic

Prototype LSO – Thin, Elegant DesignCore of the Sun Simba Design

Sun Simba HCPV Optics

• Current Prototypes

• First panels installed in Oct. 2010 at Morgan Solar offices.

Sun Simba HCPV Simplicity

Sealed Optics clipped to a central heat sink

Sun Simba HCPV

• Low cost• High efficiency

• Thin• Light weight• Low wind-load• Sealed unit• Simple to build• 3.2 m2 panels

Advantage – Lower Wind Load

Small vertical spaces reduce wind load without reducing efficiency.

Advantage – Passive Cooling

Small vertical spaces allow convection to passively cool the modules.

Sun Simba HCPV

Estimates 2010 2011 2012$ USD/watt $4 $2 $1.25Efficiency 22-24% 25-28% 28-30%

• Small quantities only in 2010 – Spec sheets and price provided as soon as available.

• 2009 to early 2010 will be primarily focused on testing and demonstration systems.

Morgan Solar in Chile

• 2010: Small scale system installation- 5 to 25 kW in SING region

• 2011-2012: Market entrance in Chile

• Depending on market demand, possible establishment of assembly facility in Chile

Nicolas MorganVP, Business [email protected]

Thank you