- 1 - company introduction 2015. 01. 26. - 2 - 1. company introduction mission history category...
TRANSCRIPT
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Company IntroductionCompany Introduction
2015. 01. 26
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1. Company Introduction
Mission
History
Category of Business
Major Investors /
Shareholders
Shareholders
Manufacturing Facility
2. Market Analysis
Global PV Market
Thermal Cooling Issues
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3. Technology & Product Production Facility Market Entry Type Upgraded Thermal Cooling
Backsheet Technical Data Backsheet Summary Technical Objectives Foundation Technology Application Case for PV module
4. Achievement & Analysis
Test result of TUV certification center
Suzhou Test Bed Mumbai, India Test Bed Is 10% Significant? More Test-beds are Coming
5. Business Collaboration Model
6. Deals in Pipeline
ContentsContents
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1. Company 1. Company IntroductionIntroduction
We grow to become a
global energy platform
providing lights & electricity
to all the nations
MissionMission
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HistoryHistory
1. Company 1. Company IntroductionIntroduction
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Category of Category of BusinessBusiness
1. Company 1. Company IntroductionIntroduction
Distribution
Production
Service
• PV Back sheet: Thermal Cooling, Floated , ASM, Transparent Thermal Barrier • Industrial Special Type: Ultra-Thin Film, Automotive, Building, Secondary Battery
• Solar Module• Thermal Cooling Paint • Thermal Barrier Glass for Solar Module• Thermal Cooling Solar Module Frame• Battery
• Solar & Renewable Energy Financing Services for PV Plant
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Major Investors / Major Investors / ShareholdersShareholders
1. Company 1. Company IntroductionIntroduction
※ 기술 개발 자문1.GS 칼텍스 수석연구원 L 박사 4. VASTEEM Y 대표이사2.영남대학교 P 교수 5. 영남대학교 TUV 센터 B 연구원3.삼성코닝정밀유리 J 선임
CEO, Kim Gaius MinhyukCTOSimon Fraser University, deferred in business - Heat sink development with Samsung Electronics - PV thermal cooling back sheet development - Thermal sheet(super low cost to Samsung LED TV
COO, Choi James Young-GunCMO / COOSimon Fraser University in applied Economics- City Bank corporate banking ARM - Standard Chartered transactor banking department
Director, Kwak hyoung-GunHead of production departmentIncheon tech high school - Director in Gayaland corp - Director in Insan Digicam Corp - Director in Solueta
Director, Kwak yoon YoungHead of business support management BS in administration, Dong Kuk University - Head corporate strategy, KEC corp - Director, Seshin Elec. corp
Advisor, Kwon * *PV plants EPC MBA , Korea University- Field application on HP thermal back sheet - Experience in 24MW PV plants- Sales director in German CONERGY KOREA
Advisor, Lee * *PV plants Engineering BS in Chemical Science, Korea University- System control department, Samsung Engineering- Director, German CONERGY KOREA - Field application & System engineering
Director, Jeon Sang-HoonHead of Quality ManagementBS in applied chemical, Korea University- QM Director in Finetec Corp,. - Director in Hanwha
R&D Manager, Jun WooSuk
Manager in Hp R&D departmentMS in applied chemical Engineering Yeung-nam University- Development in CIGS thin film solar cell- Manager in SNE Research : PV tech & market
Director, Lee Jae-WhanHead of R&D departmentPhD in materials science, Seoul National University - Tech researcher in LG Chemical / Sekisui
-Development of color filter sensitizer(jang young sil award, 2000) - Head of research center in SSCP
Director of sales, Joseph Youm.Head of Sales department BS in Electronic Engineering, Kwangwoon University - Vice president in Blue&Green Technology - Sales director in FerroTec Green Energy
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ShareholdersShareholders
1. Company 1. Company IntroductionIntroduction
JAFCO Investment Asia
CEO : Mr Kim, Min Hyuk
SoftBank Pan-Asia Fund
40.9% share
holdings
Founder
24.9% share ($2.1
million)
Subsidiary of Nomura
Holdings Japan
Invested in 2012 Aug.
Largest VC in Asia
25.3% share ($3.0 million)
Subsidiary of SoftBank
Group
Invested in 2014 Feb.
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Manufacturing Manufacturing FacilityFacility
World class & only one thermal cooling back sheet manufacturing
facility
1. Company 1. Company IntroductionIntroduction
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Global PV MarketGlobal PV Market
2. Market Analysis2. Market Analysis
** 2014: 50GWⅩ6 mil. m2=300 mil. m2Ⅹ(5~8 $/m2)= 1.50 ~ 2.4 bil. $** 2015: 62GWⅩ6 mil. m2=372 mil. m2Ⅹ(5~8 $/m2)= 1.86 ~ 3.0 bil. $ (1GW = approx. 6 mil. m2)
CAGR 20~25% market
Expansion
(GW)
Source: New Energy Finance
18
24
31
40
50
62
76
92
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Global PV MarketGlobal PV Market
2. Market Analysis2. Market Analysis
• Plummeted Module & System Price
• Spurred Market Growth by reaching
Grid-Parity
• Rapidly Growing High Insolation markets
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Thermal Cooling Thermal Cooling IssuesIssues
2. Market Analysis2. Market Analysis
ModuleP-Si PV PlantIngot/Wafer
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Thermal Cooling Thermal Cooling IssuesIssues
2. Market Analysis2. Market Analysis
Function of Back sheet
1. Prevention of Vapor
Permeability
2. Insulation
3. Protection(Physical /
Chemical)
4. Thermal Cooling(Only
ENERMONT)
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Thermal Cooling Thermal Cooling IssuesIssues
2. Market Analysis2. Market Analysis
[How latent heat affects PV modules]
Irradiation energy
(Module temperature)
A output change after turning on a 150Watt halogen lamp
40% Loss
2 mins-Located at an inflection point 30 mins- Reached row parallel
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Thermal Cooling Thermal Cooling IssuesIssues
2. Market Analysis2. Market Analysis
[Modules are connected in DC ===> Partial problem damages all]
Thermal Condensation
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Thermal Cooling Thermal Cooling IssuesIssues
2. Market Analysis2. Market Analysis
1. Latent heat of modules decreases output and reliability
2. Lowered Average Output: Cells and modules are
connected in
DC, which means partial Hot Spot influences all the cells
and
modules connected
3. Thermal deterioration causes material degradation
(Cell, EVA, Back sheet)
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Production Facility(Market Entry Production Facility(Market Entry Type)Type)▷ Approx. 150 Employees
▷ 10GW/year Production capacity(Lebring in Austria)
3. Technology & 3. Technology & ProductProduct
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Market Entry Market Entry TypeType
Junction Junction boxbox
InsulationInsulation
4 Edge-4 Edge-InsulationInsulation
PA
PET
Al
PA Thermal Thermal Cooling Cooling
BacksheetBacksheet
Manufactured by ISOVOLTAIC
Manufactured by ENERMONT
3. Technology & 3. Technology & ProductProduct
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Upgraded Thermal Cooling BacksheetUpgraded Thermal Cooling Backsheet - Being Developed by ENERMONT’s own technology- Being Developed by ENERMONT’s own technology
GlassEVA
Solar cell
EVA
BacksheeBacksheett
PE
Hard Coating
Al
PET
Fluorine
3. Technology & 3. Technology & ProductProduct
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Technical Data(Technical Data(Market Entry Market Entry Type)Type)
Additional Properties
Required properties according to IEC 61730-1
Types: A: Lamination Type B: Coating Type C: Extrusion Type
※ Upgraded Thermal Cooling Backsheet: Data gathering
3. Technology & 3. Technology & ProductProduct
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Backsheet SummaryBacksheet Summary
※ Market Entry Type Structure: consignment production
3. Technology & 3. Technology & ProductProduct
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Technical Technical ObjectivesObjectives
3. Technology & 3. Technology & ProductProduct
InsulationInsulation
BalanceBalance
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Foundation Foundation TechnologyTechnology
3. Technology & 3. Technology & ProductProduct
PA
PET
Al
PA
Different heat shrinkage & Thermal expansion co-efficient
Bowing & Twisting
Flattening
1. Metal – Polymer layer Synchronization
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Foundation Foundation TechnologyTechnology
3. Technology & 3. Technology & ProductProduct
Junction boxJunction boxInsulationInsulation
4 Edge-Insulation4 Edge-Insulation
2. Insulation (Government Project)
PA
PET
Al
PA
<Front
>
<Side>
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Foundation Foundation TechnologyTechnology
3. Technology & 3. Technology & ProductProduct
3. Multi-Layer Lamination
4. Air-gap removal processing technology
5. Ultra slim coating
6. Highly reliable & Thermally conductive
adhesive
(on-going government project)
7. Metal surface treatment chemical
(in cooperation with K.Aluminum)
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Application Case for PV Application Case for PV modulemodule
3. Technology & 3. Technology & ProductProduct
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Application Case for PV Application Case for PV modulemodule
3. Technology & 3. Technology & ProductProduct
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Test result of TUV certification Test result of TUV certification centercenter
4. Achievement & 4. Achievement & AnalysisAnalysis
The experiment explains the function of thermal radiation back
sheet Phase 1: Absorption of the heat generated from cells Phase 2: Quicker temperature drop in ambient temperature assuming the flow of the atmosphere exists Phase 3: With no more light(heat) both values get closer
Phase1
(Conduction)
Phase2 (Conduction
+ convention
+ radiation )
Phase3 (Conduction +
convention + radiation )
A
value
A value
Data referenceCH001 (Red) : HOTPLAYER radiant heat backsheet (HP1)CH005 : Atmosphere temperatureCH007 (Green) : Regular back sheet(R1)
Data referenceCH001(Red): ENERMONT back sheet (HP1)CH005: Atmosphere temperatureCH007(Green): Regular back sheet
Data numberAbsolute time
Channel
Cursor A
Cursor B Cursor C
Cursor A Cursor
B
Phase 1 Phase 2 Phase 3
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Suzhou Test BedSuzhou Test Bed
4. Achievement & 4. Achievement & AnalysisAnalysis
(Reference: H Company Suzhou Test Bed)
Increases by 9.2% on average annually compared with regular back sheet applied modules
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4. Achievement & 4. Achievement & AnalysisAnalysis
Mumbai, India Test BedMumbai, India Test Bed (Reference: India Test Bed)
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Is 10% Significant?Is 10% Significant?
4. Achievement & 4. Achievement & AnalysisAnalysis
“Negligible”
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More Test-beds are Coming !More Test-beds are Coming !
4. Achievement & 4. Achievement & AnalysisAnalysis
San Jose. CA USASan Jose. CA USA
Jakarta. IndonesiaJakarta. Indonesia
Planning. Saudi ArabiaPlanning. Saudi Arabia
Planning. South AfricaPlanning. South Africa
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ENERMONT
YingliBack sheet
supply
Module supply
HAEMAROO
Back sheet manufacturing PV project development Supporting PV finance
module manufacturing
Module Certification Module Distribution
5. Business Collaboration Model5. Business Collaboration Model
Project development
Module supply
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Business in Business in Process(2015)Process(2015)
6. Deals in Pipeline 6. Deals in Pipeline
Region Company Capacity(MW) Business Schedule
Chungcheongbuk-do K 0.36 2015. 1Q
Gyeonggi-do G 0.24 2015. 1Q
Chungcheongnam-do S More than 4 2015. 1Q
Gyeonggi-do G More than 3 2015. 2Q
Gyeonggi-do S More than 2 2015. 3Q
Chungcheongnam-do A 10 2015. 3Q
Jeju C More than 2 2015. 3Q
Jeollanam-do S, J, M, I More than 25 2015. 1~3Q
Etc School 5 2015. 4Q/ BOT
Africa, Mexico, China A, G, U Over 50 2015. 3~4Q
Total More than 51
(Excluding overseas projects of over 50MW)
In 2015 + @
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Thank you!Thank you!