Silex Systems Limited · ASX:SLX
Silex Systems — Corporate Update (February 2011)
35 slides from Silex Systems's corporate update, Feb 25, 2011
Slide 1: Operational & Project Update
For personal use only Silex Systems y Operational & Project Update 25 February 2011 © Silex Systems Limited 2011
Slide 2: Presentation Outline
Contents P2 Presentation Outline For personal use only 1 Corporate Overview 1. 2. The SILEX Uranium Enrichment Technology 3. Solar Systems Utility Scale PV 4 SilexSolar Flat Panel Business 4. 5. Translucent Advanced Materials © Silex Systems Limited 2011
Slide 3: Forward Looking Statements
Contents P3 For personal use only Forward Looking Statements 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
Slide 4: Disclaimer
Contents P4 For personal use only Disclaimer 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, n
Slide 5: Silex Systems Limited - Corporate Overview
For personal use only Our Mission: To be a global leader in advanced technology solutions for nuclear fuel and solar power Section 1 Silex Systems Limited - Corporate Overview © Silex Systems Limited 2011
Slide 6: Silex Corporate Structure
Section 1 P6 For personal use only Silex Corporate Structure Silex Systems Ltd ASX: SLX HQ: Sydney, Australia The SILEX Uranium Technology www.silex.com.au Silex Solar Pty Ltd Solar Systems Pty Ltd Translucent Inc Chronologic Pty Ltd Sydney Melbourne Palo Alto, USA Adelaide PV panel business Utility
Slide 7: Corporate Update
Section 1 P7 For personal use only C Corporate t UUpdate: d t • Capital C it l raising i i undertaken d t k D December b 2010 ((plus l ShShare P Purchase h Pl Plan JJanuary 2011) • $106 M net proceeds – takes cash at bank to ~ $129 M • Funds raised primarily to fund Solar Systems Pilot Demonstration
Slide 8: The SILEX Uranium Enrichment Technology
For personal use only Please supply appropriate image Section 2 The SILEX Uranium Enrichment Technology © Silex Systems Limited 2011
Slide 9: Uranium Enrichment Project Highlights
Contents P9 For personal use only Uranium Enrichment Project Highlights • SILEX Uranium Enrichment project moving forward with further recent positive results from Test Loop measurement program • Establishment of a new Engineering and Manufacturing Facility at Oak Ridge, Tennessee • US NRC License f
Slide 10: Nuclear Power Today
Section 2 P10 Nuclear Power Today For personal use only A Global Nuclear Power Renaissance is Underway: • Currently 16% of world’s electricity supplied by nuclear power • 440+ reactors currently operating (103 in the USA) • 300+ being built / planned with accelerated development in Asia • No greenho
Slide 11: Four Steps to make Nuclear Fuel
Section 2 P11 For personal use only Four Steps to make Nuclear Fuel Uranium Enrichment is key to Nuclear Fuel economics 1. Uranium ore mined 2. Oxide is converted into 3. The uranium (as UF6) 4. Enriched uranium is and milled into gaseous fluoride in is enriched (or then ‘packaged’ in fuel ‘yellowca
Slide 12: SILEX Vs Existing Technologies
Section 2 P12 For personal use only SILEX Vs Existing Technologies Silex Centrifuge Gas Diffusion D Developed l d 2000’ 2000’s 1940’ 1940’s 1940’ 1940’s Laser Excitation Mechanical Mechanical Process (‘centrifugal force’) (‘brute force’) Enrichment Efficiency(1) Very High Low Very Low Cost Compariso
Slide 13: The GE – Silex Agreement
Section 2 P13 For personal use only The GE – Silex Agreement • Exclusive Worldwide Commercialisation and License Agreement for the SILEX Uranium Enrichment Technology. • Technology Commercialisation Program – funded by Global Laser Enrichment (GLE), a business unit of GE (51%), Hitachi (25%) and Cam
Slide 14: Silex Technology Commercialisation Program
Section 2 P14 For personal use only Silex Technology Commercialisation Program Oct 06 • Phased Development and Demonstration Program Test Loop Program > Jointly conducted (commenced October 2006) commences > Fully funded by GLE partners GE, Hitachi & Cameco July 09 • Test Loop Program Test Loop Star
Slide 15: Solar Systems Utility Scale PV
For personal use only Section 3 Solar Systems Utility Scale PV Dense Array CPV Solar © Silex Systems Limited 2011
Slide 16: Solar Systems Highlights
Contents P16 For personal use only Solar Systems Highlights • The first three milestones of the Commercialisation Program completed on time and on budget. • On target with construction of a 0.5MW demonstration facility in Bridgewater Victoria – to be commissioned in Q3 this calendar year • Good prog
Slide 17: Solar Systems Overview
Section 3 P17 For personal use only Solar Systems Overview • Solar Systems has been developing world-leading Concentrating Photovoltaic (CPV) technology for 20 years in Melbourne, Australia • Solar Systems CPV technology based on the unique ‘Dense Array Converter’ concept using the most efficient so
Slide 18: Solar Systems Unique Dense Array Architecture
Section 3 P18 For personal use only Solar Systems Unique Dense Array Architecture 140m2 0.24m2 36cm2
Slide 19: Key Advantages of Dense Array CPV Technology
Section 3 P19 For personal use only Key Advantages of ‘Dense Dense Array’ CPV Technology • Based on ultra-high efficiency triple junction cells • Low Upgrade Cost (now ~40% cells, future ~50+%) • Low Maintenance Solution (no moving parts) • Lower PV Cell Operating Temperature for Dense Array technol
Slide 20: Automated Module Assembly Line
Section 3 P20 For personal use only Automated Module Assembly Line • Installed in 2009 – currently being commissioned • Sized for 500 MW/year production capacity • 400 m2 Class 10k Clean Room facility • Leading capabilities in: > High speed and precision die bonding > Vacuum flux-less reflow > Inlin
Slide 21: CS500 CPV Dish System Product
Section 3 P21 For personal use only CS500 5 CPV Dish System Product CS500-5 40kW(DC) CPV Dish System • First Product – to market in 2011 • Based on unique dense array receiver concept • High accuracy, accuracy dual axis, axis tracking system • High average output throughout the day • Designed to IEC
Slide 22: Solar Systems CPV Solar Plant Operating Experience
Section 3 P22 Solar Systems CPV Solar Plant For personal use only Operating Experience 10+ Years Operations with 5 CPV Installations CPV Dish Solar Power Facilities: • 5 power plants installed in central Australia • Triple Junction Cell introduced 2005 (~ 2x efficiency of silicon cells,, ~ 4x Thin F
Slide 23: Key Milestones for Solar Systems
Section 3 P23 For personal use only Key Milestones for Solar Systems
Slide 24: Aerial view of the Bridgewater Demonstration Facility
Section 3 P24 For personal use only Aerial view of the Bridgewater D Demonstration t ti Facility F ilit Solar PV Power Station – Hermannsburg, N.T.
Slide 25: Silex Solar Mono-Silicon Flat Panel Business
Designer to review For personal use only Section 4 Silex Solar Sydney Olympic Park Mono-Silicon Mono Silicon Flat Panel Business (100% subsiduary of Silex Systems) © Silex Systems Limited 2011
Slide 26: Highlights – Solar Panel Business
Section 4 P26 For personal use only Highlights – Solar Panel Business • Silex Solar P/L acquired solar manufacturing facility at Sydney Olympic Park (SOP) in 2009. Production commenced 2010. • The only PV cell and panel manufacturing facility in Australia - all other PV panels imported – mainly from
Slide 27: Technology Roadmap Plan (PV Panels)
Section 4 P27 For personal use only Technology Roadmap Plan (PV Panels) Target g Efficiencyy -Volume Indicative Time Stage Cell Technology Technolog Platform Production to Market 1 Optimised conventional mono- ≈ 17+% Completed silicon processing 2 Advanced mono-silicon front ≈ 18+% Currently being c
Slide 28: Technology Roadmap (PV Panels)
Section 4 P28 For personal use only Technology Roadmap (PV Panels) New PV Technology R&D Project Announced SilexSolar Enters • Aim is to be a world leader in high efficiency New Research Partnership mono-silicon rooftop solar panel technology Recently, the Federal Government through • Australian Sol
Slide 29: Solar Cell Process Lines in Operation
Section 4 P29 For personal use only Solar Cell Process Lines in Operation
Slide 30: Newly Installed Automated Panel Assembly Equipment
Section 4 P30 For personal use only Newly Installed Automated Panel Assembly Equipment
Slide 31: End of the Line – a finished solar module
Section 4 P31 For personal use only End of the Line – a finished solar module
Slide 32: Translucent Advanced Materials Technology
For personal use only Section 5 Translucent Advanced Materials Technology © Silex Systems Limited 2011
Slide 33: REO is a Platform Technology
Section 5 P33 REO is a Platform Technology: For personal use only • Three key applications being demonstrated • Innovative cost reduction platform enabling use of low cost silicon wafers Silicon GaAs Triple Junction Solar Cell GaN LED (single crystal) Rare Earth Oxide (Replaces Si02) Rare Earth Oxid
Slide 34: Summary Projects and Progress
Section 5 P34 Summary Projects and Progress: For personal use only • Silicon-on-insulator (cSOI™) virtual substrates (currently ~$700 million pa market) Enables 1-step, 1-wafer low cost solution Constructed new 6” wafer reactor, now producing wafers for Tier 1 semiconductor customer • Germanium-on-s
Slide 35: End - Thank you
For personal use only End - Thank you © Silex Systems Limited 2011