Slide 1: Silex Systems Investor Presentation – Bridgewater Opening
For personal use only Silex Systems Investor Presentation Bridgewater Opening – 28 June 2012 © Silex Systems Limited 2012
Slide 2: Forward Looking Statements
P2 Forward Looking Statements For personal use only Silex is a research and development Company whose assets include its proprietary rights in technologies, including but not limited to, the SILEX technology, the Silex Solar technology and business, the Solar Systems technology and business, Translu
Slide 3: Disclaimer
P3 Disclaimer For personal use only Silex Systems Ltd (Silex) has prepared this presentation based on information available to it. The information in this presentation does not purport to be a complete description of Silex and/or its various business activities. Except as required by law, no represe
Slide 4: Corporate Overview
P4 Corporate Overview For personal use only Company Description • Silex Systems Limited is an ASX-listed company focussed on development and commercialisation of technologies across three platforms: • Nuclear Energy • Solar Energy • Advanced Materials & Instrumentation ASX Ticker: SLX Market Capital
Slide 5: Businesses
P5 Businesses For personal use only Silex Solar SilexSolar Translucent Chronologic Systems Systems Third generation Ultra-high efficiency Commercial scale Game changing Precision test and laser based CPV power flat panel solar semiconductor measurement uranium enrichment generation substrate materia
Slide 6: SILEX Uranium Enrichment Technology
For personal use only Section 2 SILEX Uranium Enrichment Technology © Silex Systems Limited 2012
Slide 7: Uranium Enrichment
P7 Uranium Enrichment For personal use only Uranium Enrichment Advantages of Laser Enrichment • Uranium must be enriched to work as fuel in a nuclear reactor • Significantly more efficient - uses less energy • Process to enrich U235 isotope from 0.7% to ~5% • Smaller footprint than centrifuge and di
Slide 8: Commercialisation and License Agreement
P8 Commercialisation and License Agreement For personal use only Exclusive Agreement • Exclusive worldwide commercialisation and license agreement for SILEX Uranium Enrichment Technology • Agreement entered into in 2006 51% 25% 24% Next Milestone Payments • USD 15 million due upon successful complet
Slide 9: Approach to Commercialisation
P9 Approach to Commercialisation For personal use only GLE’s phased approach to commercialisation • Completion of Test Loop Program • Construction of the initial commercial production module • Construction of a full-scale commercial production facility GLE’s commercial focus • GLE targeting a produc
Slide 10: Approach to Commercialisation
P10 Approach to Commercialisation For personal use only Test Loop Project • Optimized tests with the Test Loop facility have confirmed enhanced process performance. • Further Test Loop activities will continue through CY12 with the aim of building up operating and life-time data on the technology to
Slide 11: GLE Commercial Facility - NRC Licence
P11 GLE Commercial Facility - NRC Licence For personal use only Commercial Facility Licence •US Nuclear Regulatory Commission (NRC) responsible for evaluating combined construction and operating license •Construction and operating license application submitted to NRC in July 2009 (~ 36 month process
Slide 12: Nuclear Energy in the United States
P12 Nuclear Energy in the United States For personal use only 104 nuclear reactors in 31 states Current Reactors • 104 nuclear reactors in 31 states • 27.4% of global nuclear energy capacity is in the US • 19.6% of electricity in the US is generated from nuclear energy • Nuclear energy is the lowest
Slide 13: Nuclear Energy Worldwide
P13 Nuclear Energy Worldwide For personal use only Global Issues Key Statistics • Energy security and Climate Change are key concerns 15 percent of global electricity of Governments and Utilities around the world. 440 operating reactors • Nuclear ‘renaissance’ to continue despite short-term 62
Slide 14: Solar Systems CPV Dish Technology and Utility Scale Projects
For personal use only Section 3 Solar Systems CPV Dish Technology and Utility Scale Projects © Silex Systems Limited 2012
Slide 15: Modular Approach
P15 Modular Approach For personal use only Manufacturing CPV Module CPV Converter CS500 Dish Abbotsford 6cm x 6cm 0.25 m2 15 m diameter Key Elements in the Solar Systems Technology • Invested March 2010 • Core technology redesigned • Manufacturing facility modified and commissioned © Silex Systems L
Slide 16: Existing Installations
P16 Existing Installations For personal use only Installation Location Capacity Dishes Bridgewater Vic, Australia 600kW 16 Hermannsburg NT, Australia 190 kW 8 Yuendumu NT, Australia 240 kW 10 Lajamanu NT, Australia 290 kW 12 Windorah Qld, Australia 175 kW 5 Total 1,395 kW 51 Key Highlights Hermannsb
Slide 17: Current Development Pipeline
P17 Current Development Pipeline For personal use only Project Location Capacity Dishes Mildura (Stage 1) VIC, Australia 1.5 MW 40 Economic Validation – LCOE Mildura (Stage 2) VIC, Australia 100 MW 3,000 KAUST Saudi Arabia 35kW 1 Beaumont California, USA Up to 1 MW 28 • Economics driven by efficienc
Slide 18: Bridgewater Test & Demonstration Facility
P18 Bridgewater Test & Demonstration Facility For personal use only 2012: Completion Phase • Largest concentrating photovoltaic power station in Australia • 16 unit - 600 kW testing and demonstration facility • Real time data logging, reliability and performance testing • Will enable quick implement
Slide 19: Mildura Stage 1
P19 Mildura Stage 1 For personal use only 2011 – 2013: Construction Phase • Up to 1.5MW DC CPV grid connected power plant • Permits and approvals completed • Transmission Connection Enquiry lodged (with Powercor) • Site works and construction started Q4 2011 • Expected completion in H1 2013 Mildura
Slide 20: Mildura Stage 2
P20 Mildura Stage 2 For personal use only 2012 – 2013: Planning and Preparation Phase • Final design for Stage 2 modular CPV power arrays. • Evaluation of connection point to nearby grid line. • Preliminary partner discussions (financing, construction, connection & transmission). • Power purchase ag
Slide 21: Silex Solar Commercial PV
For personal use only Section 4 Silex Solar Commercial PV © Silex Systems Limited 2012
Slide 22: SilexSolar
P22 SilexSolar For personal use only Business Restructure • Finalising a restructuring of the business • Significant cost reduction • All aspects of the business being reviewed in light of continuing challenging market conditions Opportunities • Commercial scale projects – various tenders submitted
Slide 23: CPV vs PV – Basic Comparison
CPV vs PV – Basic Comparison For personal use only Bridgewater Hervey Bay CPV Facility Hospital PV System Peak Power (@ module) ~ 600kWDC ~ 270kWDC Total Area (system) 2,000m2 1,670m2 Total Module Area 4m2 1,670m2 Concentration 500 x (future 1000 x) 1x Power Density (@ module) ~ 150,000 W/m2 ~ 160 W
Slide 24: Translucent Advanced Materials Technology
For personal use only Section 5 Translucent Advanced Materials Technology © Silex Systems Limited 2012
Slide 25: Rare Earth Oxide (REO) – Platform Technology
P25 Rare Earth Oxide (REO) – Platform Technology For personal use only Total Accessible Market $1.3 billion Key Benefits $300m • Several industries forced to use high-cost non-silicon substrates (eg $500m Germanium, Sapphire and Silicon Carbide) for high-end applications • Translucent’s innovative R
Slide 26: Technology Applications
P26 Technology Applications For personal use only GaN GaN MJ Layers cREOTM cREOTM cREOTM Silicon Silicon Silicon LED Lighting Power Electronics Solar CPV • Lowers cost compared to • Lowers cost compared to • Lowers cost compared to sapphire wafers sapphire wafers germanium wafers • Improves performa
Slide 27: Commercial Progress
P27 Commercial Progress For personal use only LED Lighting •Engaged with customers in USA and Asia •Strong demand to test Mirrored-Si™ wafers for LED fabrication •Initial commercial orders for sample evaluations (up to 150mm wafers) •Work continues for the development of 200mm wafers Power Electroni
Slide 28: ChronoLogic Instrumentation Technology
For personal use only Section 6 ChronoLogic Instrumentation Technology © Silex Systems Limited 2012
Slide 29: Chronologic
P29 Chronologic For personal use only Partnership Opportunities Maestro – Master Timing • Strong interest from potential global commercial partners Hubs • Discussions with commercial companies continuing • Recently participated at AutoTestCon trade show, USA Legato – Universal Timing Devices Core IP
Slide 30: Thank you
For personal use only Thank you © Silex Systems Limited 2012