DuPont de Nemours, Inc. · NYSE:DD

DuPont de Nemours — DuPont — SEMI Northeast Forum (September 2011)

22 slides from DuPont de Nemours's conference presentation, Sep 28, 2011

  1. Slide 1: The Impact of Materials on PV Technology

    SEMI Northeast Forum The Impact of Materials on PV Technology Stanley Merritt Global Business Development Manager DuPont Photovoltaic Solutions September 28, 2011

  2. Slide 2: The Vision of DuPont

    The Vision of DuPont To be the world’s most dynamic science company, creating sustainable solutions essential to a better, safer, healthier life for people everywhere. We are a market-driven science company. © DuPont

  3. Slide 3: DuPont is a Global Leader in PV Materials

    DuPont is a Global Leader in PV Materials Cell Module Balance of System Materials Materials Materials Solamet® Tedlar® Rynite® films for metallizations frames backsheet Elvax® Kalrez® Kapton® Ionomer Zalak® substrates PVB parts & encapsulants seals Niapure® Teflon® Vespel® sodium frontsheets parts m

  4. Slide 4: Addressable Market in PV Materials

    Addressable Market in PV Materials 2010 2016 c-Si Modules Standard High Efficiency Other Metaliz's Bill of Materials Other FS Ag 10% 13% 15% 13% Backsheet Glass Backsheet Jcn Box 10% 10% 13% 6% $17B $17B Encapsulant 7% $37B Encap Film Glass 9% Silicon Jbox-Inverter Silicon 7% 38% 3% 44% FntSheet Wet

  5. Slide 5: Materials Cost Impact on PV Cells & Modules

    Materials Cost Impact on PV Cells & Modules Bill of Materials Other Materials (3%) Packaging (2%) Gasket/Edge Seal (4%) Cost of 0.7 Junction Box (5%) Materials in US$/W Other Mat’ls (11%) 0.6 Junction Box (3%) Encapsulant (7%) 0.5 Encapsulant (5%) Backsheet (10%) Gases (6%) Front Glass (10%) Targets

  6. Slide 6: Materials Impact Three Critical Areas Essential to Achieving Grid Parity

    Materials Impact Three Critical Areas Essential to Achieving Grid Parity 1. Efficiency 2. Lifetime 3. Cost Drive Lower PV LCOE to Achieve Grid Parity © DuPont

  7. Slide 7: Grid Parity Expected in Most Major Electricity Markets by 2020

    Grid Parity Expected in Most Major Electricity Markets by 2020 Residential Markets at Grid Parity Industrial Markets at Grid Parity 2020+ 2020+ Italy USA Russia Italy Germany USA Brazil India S. Africa Brazil UK Russia Spain Ukraine Spain Australia S. Africa Japan Saudi Arabia Mexico China China Fra

  8. Slide 8: Achieving Grid Parity in the U.S. Requires ~50% Further Reduction in PV LCOE

    Achieving Grid Parity in the U.S. Requires ~50% Further Reduction in PV LCOE Residential Commercial Utility PV LCOE 25 and Grid Price (US ¢/kWh) 20 ~23 c/kWh (c-Si) (Small Scale) 52% ~19 c/kWh 15 (c-Si) 46% (Med Scale) ~14c/kWh 10 53% (CdTe) (Large Scale) 5 11 10.2 6.6 0 Unsubsidized Avg Resid'l gri

  9. Slide 9: Roadmap to Grid Parity – Industry Technology Roadmaps

    Roadmap to Grid Parity – Industry Technology Roadmaps Timeline 2010 2011 2012 2013 2014 2015 Standard Selective Emitter Back Contact c-Si 14% 21% Average Tandem Junction High Efficiency Tandem Module TF 10% 14% Efficiency a-Si on Flex CIGS on Flex Roll-to-Roll CIGS TF 6% 13% Flex Module 20-25 yr 25-

  10. Slide 10: Key Drivers of PV Levelized Cost of Electricity

    Key Drivers of PV Levelized Cost of Electricity System Revenue • Modules System • BOS IRR IRR Cost • O&M • Financing PV LCOE ÷ • System Efficiency • System Life • Insolation Lifetime • Annual Degradation Power Output • Shading • Low-light performance • Component failures © DuPont

  11. Slide 11: Materials Impact Three Critical Areas Essential to Achieving Grid Parity

    Materials Impact Three Critical Areas Essential to Achieving Grid Parity 1. Efficiency 2. Lifetime 3. Cost Industry roadmap to Robust materials Lower cost, light- 20+% c-Si cells, enabling >25 year weight polymers to enabled by module lifetimes with replace glass and new materials high performance m

  12. Slide 12: 1. Efficiency 2. Lifetime 3. Cost

    1. Efficiency 2. Lifetime 3. Cost Industry roadmap to Robust materials Lower cost, light- 20+% c-Si cells, enabling >25 year weight polymers to enabled by module lifetimes with replace glass and new materials high performance metals © DuPont

  13. Slide 13: PV Technology Roadmap: c-Si Cells/Modules

    PV Technology Roadmap: c-Si Cells/Modules 2005-2011 Improved metallization pastes have enabled improvements in conventional cell designs >20% ~1.5% / year (relative) Module Efficiency 2011-Future Additional metallization improvements required for new cell designs Back Contact Cells Metal Wrap-thru E

  14. Slide 14: 1. Efficiency 2. Lifetime 3. Cost

    1. Efficiency 2. Lifetime 3. Cost Industry roadmap to Robust materials Lower cost, light- 20+% c-Si cells, enabling >25 year weight polymers to enabled by module lifetimes with replace glass and new materials high performance metals © DuPont

  15. Slide 15: Materials Impact Module Lifetime & Performance

    Materials Impact Module Lifetime & Performance Performance Backsheet Requirements Ultra Violet (UV) Power Output • Transmitted Reliability • Reflected Temperature Time • Peak • Cycling Power Output Durability Corrosion • Precipitation Time • Humidity Electrical Insulation Safety • Shock • Shorting M

  16. Slide 16: Relying on “Tier 1” Status Alone Does Not Guarantee Quality Modules

    Relying on “Tier 1” Status Alone Does Not Guarantee Quality Modules Module Module: :125 125W Wc-Si c-SiModule ModulefromfromTier Tier1,1,“Bankable” “Bankable”Module ModuleMaker Maker Manufactured Manufacturedinin1998 1998with withPET PETbacksheets backsheets Degradation Issues Financial Impact • Cel

  17. Slide 17: 1. Efficiency 2. Lifetime 3. Cost

    1. Efficiency 2. Lifetime 3. Cost Industry roadmap to Robust materials Lower cost, light- 20+% c-Si cells, enabling >25 year weight polymers to enabled by module lifetimes with replace glass and new materials high performance metals © DuPont

  18. Slide 18: Metal & Glass Replacement Reduces Both Weight and Total Installed Cost

    Metal & Glass Replacement Reduces Both Weight and Total Installed Cost Conventional New Design Module Front Glass Fluoropolymer film Module Frame Aluminum Polymer composite Racking System Aluminum or Steel Polymer composite Number of Parts Dozens 3 Installed Cost Standard 25% reduction System Weight

  19. Slide 19: Dozens of Materials Innovations in Development

    Dozens of Materials Innovations in Development >20% by 30+ years Efficiency 2012 Lifetime by 2015 N-type silicon wafers Improved encapsulants Improved cell metallization Improved anti-soiling/fouling coatings Higher aspect ratio metallization More durable backsheets Improved anti-reflective coatings

  20. Slide 20: Summary

    Summary • Reduce PV LCOE by 50% to achieve broad-based grid parity • Materials improvements deliver improved efficiency, lifetime performance and cost • Clear roadmap to grid parity…driven by materials innovations • Understanding material choices and specifications is critical to delivering your tar

  21. Slide 21: The miracles of science

    The miracles of science © DuPont

  22. Slide 22: Backsheet Type Has Significant Impact on Module Power Degradation

    Backsheet Type Has Significant Impact on Module Power Degradation JPL: Module Performance Study1 Joint Research Center: In-Field Study2 Power Loss of 204 Field Aged c-Si Modules (19-23 years outdoor exposure) 80 Percent Power Loss (%) 70 60 50 40 • Standard Reliable Module Design 30 • Key Safety Sta

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