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URE — Investor Presentation 2014
Mar 21, 2014
52346_rns_2014-03-21_48e18030-fee7-4147-8201-2df4f50ccbec.pdf
Investor Presentation
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Neo Solar Power Corporation
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March 17, 2014
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NSP at A Glance
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Founded: December, 2005 Products: cells and modules 2014 Year-End Capacity:
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- Cell: 2.12 GW
• Module: 480 MW Employee: 3,100 Headquarters: Hsinchu, Taiwan Listed in Taiwan Stock Exchange Market Cap US$1.14 Billion at the end of 2013 The world’s largest merchant cell company
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< 2 > NSP Proprietary March 17, 2014
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Milestones
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2005.12: NSP founded
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2006.12: Breakeven and 100% utilization achieved 2009.01: Listed on the Taiwan Stock Exchange 2009.09: Ranked No. 6 in Deloitte Technology Fast 500 APAC Ranking 2010.10: Launched “Super 17” (multi) & “Perfect 18” (mono) cells 2011.04: Achieved complete carbon footprint verification 2011.09: Launched mono cell “Black 19” at EU PVSEC 2012.09: Announced “Super 18” and “Black 19+” 2013.05: Merged with DelSolar to became the world’s largest merchant solar cell manufacturer
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2013.10: Awarded “Taiwan Excellent PV Product” by the Bureau of Energy, Taiwan 2013.10: Launched “Super19”, “Black20” cells and “BiFi” bifacial module at PV Taiwan
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< 3 > NSP Proprietary March 17, 2014
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Core Competences
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Leading
Quality
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The pioneer of combining semiconductor manufacturing discipline into our Taiwan-engineered quality solar solutions
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Inter-disciplinary experts in semiconductors, electronic World-Class systems, silicon raw materials, solar cell processing and solar Technology energy system engineering State-of-the-art facility, equipment and knowledge
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Prime
Customer
Services
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< 4 > NSP Proprietary
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To enhance customer satisfaction and service efficiency To promote business relationship to partnership
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March 17, 2014
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The Executives
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Dr. Quincy Lin
Chairman
30+ years of experience in high tech management
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Senior Vice President of Taiwan Semiconductor Manufacturing Company (“TSMC”) Honorary Chair in Management at National Chiao-Tung University
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CEO
Dr. Sam Hong
30+ years of experience in PV solar energy
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Research Division Director of PV Solar Energy Division at the Industrial Technology Research Institute (“ITRI”); VP & Plant Director of Sinonar Solar Cell Chairman of Taiwan Photovoltaic Industry Association (“TPVIA”)
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Mr. Andy Shen
President
30+ years of experience in semiconductor engineering, sales, and marketing Senior Director, TSMC
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Managing Director, TSMC-Europe
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< 5 > NSP Proprietary March 17, 2014
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Strong Growth Momentum
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< 6 > NSP Proprietary March 17, 2014
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Revenue Growth
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- 2012 revenue declined despite 15.4% shipment growth due to ASP erosion
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Cell Capacity Overview
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China
FAB 6
Wujiang, Suzhou
400 MW
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Total Capacity 2014: 2120 MW
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FAB 2 & HQ
Hsinchu Science Park
680 MW
FAB 5
Chunan Science Park
380 MW
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FAB 3
Tainan Tech. Ind. Park
660 MW
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< 8 > NSP Proprietary March 17, 2014
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Module Capacity Overview
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Total Capacity 2014: 480 MW
China
GES (NSP Subsidiary)
Hsinchu Ind. Park
60 MW
FAB 52
FAB 51
Hsinchu Science Park
200 MW
Wujiang, Suzhou
220 MW
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- < 9 > NSP Proprietary March 17, 2014
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Strong R&D Capability
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World leader in efficiency and yield Advanced characterization based on years of experience in semiconductor device physics for optimized performance Excellent manufacturability and reliability to shorten time to market Customer oriented technology road map to support advanced products and partnership
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< 10 > NSP Proprietary March 17, 2014
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Proven Module Capability
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Power tolerance of 0 to +4.99 W providing a stable, high-energy system output
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High PV cell shunt resistance enabling increased power output in low light conditions
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Low temperature coefficients of power to produce high power output in all weather conditions High efficiency solar cells and state-of-art manufacturing technology to enhance cost efficacy per kWh High wind/snow load tolerant Ammonia-resistant according to IEC 62716
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< 14 > NSP Proprietary March 17, 2014
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NSP Module Features
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Standard Offerings
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Customized Offerings
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Largest BIPV in Taiwan
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Taiwan National Stadium, 1MW PV System, EPC by Delta, Solar cell by NSP
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Architect: Toyo Ito The largest building-integrated PV system in the world Annual CO2 reduction: 660 MT Annual Power Generation: 1.1 M KWpH
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< 16 > NSP Proprietary March 17, 2014
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Airport PV System by GES
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USA Indianapolis Airport, 25 MW 12.5 MW completed On-grid ceremony Oct. 18, 2013 PPA with Indianapolis Power and Light Company (IPL)
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< 17 > NSP Proprietary March 17, 2014
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Thank You
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Neo Solar Power Corp.
Tel: +886.3.5780011 Fax: +886.3.5781255 www.nsp.com
< 18 > NSP Proprietary March 17, 2014
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