Silex Systems Limited · ASX:SLX
Silex Systems — Shareholder Meeting (November 2011)
38 slides from Silex Systems's shareholder meeting presentation, Nov 21, 2011
Slide 1: Silex Systems AGM Presentation
For personal use only Silex Systems AGM Presentation 22 November 2011 © Silex Systems Limited 2011
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: Outline
P4 Outline For personal use only 1. Corporate Overview 2. SILEX – Uranium Enrichment Technology 3. Solar Systems – Utility Scale Solar Power Stations 4. SilexSolar – Residential & Commercial Scale Solar Power 5. Translucent – Advanced Materials Technology 6. ChronoLogic Instrumentation Technology ©
Slide 5: Corporate Overview
P5 Corporate Overview For personal use only 1. 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 2. ASX ticker: SLX 3. Market Capitalisation: ~$40
Slide 6: Corporate Structure
P6 Corporate Structure For personal use only 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 scale PV Advanc
Slide 7: The SILEX Uranium Enrichment Technology
For personal use only Section 2 The SILEX Uranium Enrichment Technology © Silex Systems Limited 2010
Slide 8: SILEX Technology License Agreement with GE
P8 SILEX Technology License Agreement with GE For personal use only • Exclusive worldwide commercialisation and license agreement for the SILEX Uranium Enrichment Technology signed in 2006. • Technology Commercialisation Program commenced in 2007 – 100% funded by Global Laser Enrichment (GLE), a joi
Slide 9: SILEX Technology Positioning
P9 SILEX Technology Positioning For personal use only The SILEX Technology is the only 3rd generation laser based technology under development in the world SILEX Centrifuge Gas Diffusion Developed 2000‟s 1940‟s 1940‟s Laser Excitation Mechanical Mechanical Process („centrifugal force‟) („brute for
Slide 10: SILEX – Uranium Enrichment Project
P10 SILEX – Uranium Enrichment Project Test Loop Project For personal use only • Recent optimized tests with the Test Loop facility have confirmed enhanced process performance. • Further Test Loop activities will continue in FY12 with the aim of building up operating and life-time data on the techno
Slide 11: SILEX – Nuclear Power Market Outlook
P11 SILEX – Nuclear Power Market Outlook For personal use only A Global Nuclear Power Renaissance continues despite Fukushima: • Currently 15% of the world‟s electricity is supplied by nuclear power • 440 reactors currently operating (104 in the USA) • 62 new plants under construction • 154 plants p
Slide 12: SILEX – the Fukushima Effect on Nuclear Power Generation
P12 SILEX – the Fukushima Effect on Nuclear Power Generation For personal use only © Silex Systems Limited 2011
Slide 13: 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 2011
Slide 14: Solar Systems Product Development and Manufacturing Facilities
P14 Solar Systems For personal use only Product Development and Manufacturing Facilities • The product development program is well advanced and is expected to be largely complete by the end of Q1 2012. • The Abbotsford automated manufacturing facility in which the core of the technology, the Dense A
Slide 15: Solar Systems Modular Technology Approach
P15 Solar Systems Modular Technology Approach For personal use only PV “Module” PV “Receiver” CS500 dish (6cm x 6cm) (0.25 m2) (~15m diameter) Module and Receiver manufactured in Abbotsford, Melbourne System assembled on site © Silex Systems Limited 2011
Slide 16: System Functionality
P16 System Functionality For personal use only Grid Interconnect Inverter Dish PV System • Sunlight is focused on the receiver (1) and the solar cells generate direct current via the photovoltaic (PV) process. • DC electricity is „converted‟ into AC and fed into the power transmission grid. © Silex
Slide 17: Abbotsford CPV Module Assembly Plant
P17 Abbotsford CPV Module Assembly Plant For personal use only © Silex Systems Limited 2011
Slide 18: Solar Systems CPV Solar Plant Operating Experience
P18 Solar Systems CPV Solar Plant Operating Experience For personal use only 10+ Years Operations - 5 CPV Installations CPV Dish Solar Power Facilities: • 5 power plants installed in three states • Triple Junction Cell introduced 2005 (~ 2x efficiency of silicon cells, ~ 4x Thin Film) • 1.2MW reliab
Slide 19: Progress At Bridgewater Test and Demonstration Facility
P19 Progress At Bridgewater Test and Demonstration Facility For personal use only • 12 Mini-Dishes for testing purposes installed (concentration up to 1,000 suns) • Heliostat Power Tower (2nd generation technology) under development. • 16 Dish Test Plant (0.5MW) under construction completion expec
Slide 20: Progress At Bridgewater Test and Demonstration Facility
P20 Progress At Bridgewater Test and Demonstration Facility For personal use only Recent photo of Bridgewater 0.5MW CPV Dish Array Construction © Silex Systems Limited 2011
Slide 21: Progress Mildura Stage 1: 2MW Pilot Plant
P21 Progress Mildura Stage 1: 2MW Pilot Plant For personal use only • Development Agreement available, Geo-Tech and Flora & Fauna study completed. • Land subdivision purchase completed and old water channel easement approved. • Environmental Management Plan (EMP) and Cultural Heritage Management Pla
Slide 22: Plan for Mildura - Stage 1
P22 Plan for Mildura - Stage 1 For personal use only © Silex Systems Limited 2011
Slide 23: Artist Impression of Mildura Solar Plant - Stage 1
P23 Artist Impression of Mildura Solar Plant - Stage 1 For personal use only © Silex Systems Limited 2011
Slide 24: Mildura Solar Power Station Project Development (Stage 2)
P24 Mildura Solar Power Station Project Development (Stage 2) For personal use only 100MWDC Grid Connected Solar Power Station 2012 – 2013: Planning and Preparation Phase • Final design for modular CPV power arrays for deployment in Stage 2. • Evaluation of Point of Connection to nearby 66kV and 220
Slide 25: Outlook - Mildura Project Development (Stage 2)
P25 Outlook - Mildura Project Development (Stage 2) For personal use only 2013 - 2015: Construction Phase Artist‟s Impression – 100MW Mildura CPV Solar Power Station © Silex Systems Limited 2011
Slide 26: Silex Solar
Designer to review For personal use only Section 4 Silex Solar Sydney Olympic Park Mono-Silicon Flat Panel Business (100% subsiduary of Silex Systems) © Silex Systems Limited 2011
Slide 27: SilexSolar Panel Business Status
P27 SilexSolar Panel Business Status For personal use only • Production suspended at SilexSolar‟s manufacturing facility - Sydney Olympic Park (SOP) from November 2011. • Plant in „care and maintenance mode‟, with a cost reduction program being the primary focus. • Three major factors forcing a revi
Slide 28: Translucent Advanced Materials Technology
For personal use only Section 5 Translucent Advanced Materials Technology © Silex Systems Limited 2011
Slide 29: Translucent Product Development Progress
P29 Translucent For personal use only Product Development Progress • Translucent has recently expanded its “virtual substrate” production capability for both CPV solar and power electronics applications to larger industry-standard 150mm wafers for the first time. • Results of wafers produced to date
Slide 30: REO is a Platform Technology
P30 REO is a Platform Technology For personal use only Ge-on-Si GaN-on-Si GaN-on-Si (Solar CPV) (Power FETs) (LED lighting) GaN Rare Earth Oxide silicon Rare Earth Oxide Mirrored Si™ silicon Germanium GaN silicon Rare Earth Oxide vGaN™ Rare Earth Oxide Rare Earth Oxide Si-on-Si (cSOI™) vGe™ silicon
Slide 31: Translucent Technology Projects: Gallium Nitride on Silicon
P31 Translucent Technology Projects For personal use only • Gallium Nitride on silicon (vGaN™) Virtual substrates for LED lighting and power electronics markets: LED lighting ~$11B market today with strong growth (TAM* ~ $300m) Power electronics FET devices ~$17B market today with strong growth
Slide 32: Translucent Technology Projects: Germanium on Silicon
P32 Translucent Technology Projects For personal use only • Germanium on silicon (vGe™) Virtual substrates for ultra-high efficiency solar cells: CPV multi-junction solar cells ~$2B market by 2015 with strong growth (TAM ~ $500m) Lowers cost (vs Germanium wafers), improves performance Si wafer
Slide 33: Translucent Direct Total Accessible Market (TAM)
P33 Translucent Direct Total Accessible Market (TAM) For personal use only $1.3 billion* in direct TAM by 2017 in 3 sectors * Estimates based on industry information (CPV Consortium, Yole, OIDA Research, Electronicast, LEDSTAR) and internal information. Significant direct TAM value across 3 growth s
Slide 34: Overview of Commercial Progress
P34 Overview of Commercial Progress • Solid state (LED) lighting: For personal use only •Engaged with customers in USA and Asia •Strong demand to test Mirrored Si™ wafers (100mm) for LED manufacture •Commercial orders for sample evaluations •Need to demonstrate 150mm and 200mm wafers next 6 months •
Slide 35: ChronoLogic Instrumentation Technology
For personal use only Section 6 ChronoLogic Instrumentation Technology © Silex Systems Limited 2011
Slide 36: ChronoLogic
P36 ChronoLogic For personal use only • Adelaide based subsidiary – 90% owned by Silex. • Focussed on the development of innovative USB-based precision timing products, including the new „Distributed Virtual Instrumentation‟ range. • Core USB-inSync™ technology enables the Universal Serial Bus (USB)
Slide 37: Current ChronoLogic Product Range
P37 Current ChronoLogic Product Range For personal use only • Maestro – Master Timing Hubs • Distributed Virtual Instrument Range (initial oscilloscope product completed) • Legato – Universal Timing Devices • Cross-Platform Synchronization Range (In development) • All Products are supplied with • Da
Slide 38: Thank you
For personal use only Thank you © Silex Systems Limited 2011