NanoFlex Power Corporation · OTC:OPVS

NanoFlex Power — Investor Presentation (April 2015)

25 slides from NanoFlex Power's investor presentation, April 2015

  1. Slide 1: Investor Presentation

    INVESTOR PRESENTATION April 2015 April 2015 Copyright 2015 NanoFlex Power Corporation 1

  2. Slide 2: Forward Looking Statements

    FORWARD LOOKING STATEMENTS This presentation may contain forward-looking information about NanoFlex Power Corporation, a Florida corporation and its wholly-owned subsidiary, Global Photonic Energy Corporation, a Pennsylvania corporation (collectively, the “Company”). All statements other than statem

  3. Slide 3: NanoFlex develops advanced configuration solar technologies

    NanoFlex Power Corporation develops advanced configuration solar technologies which enable unique thin-film solar cell implementations with industry-leading efficiencies, light weight, flexibility, and low total system cost. We are executing a strategy to commercialize our initial commercial opportu

  4. Slide 4: NanoFlex Power – Company Snapshot

    NANOFLEX POWER – COMPANY SNAPSHOT  Management and technical team with extensive experience developing advanced technologies; previously developed & commercialized technology for organic light emitting diodes (OLEDs) with Universal Display Corporation  Extensive foundational intellectual property w

  5. Slide 5: Initial Technology Commercialization: Gallium Arsenide Solar

    INITIAL TECHNOLOGY COMMERCIALIZATION: GALLIUM ARSENIDE SOLAR  NanoFlex’s proprietary ND-ELO photovoltaic technologies & processes enable high performance GaAs solar cells in thin films at competitive costs  Use the most powerful photovoltaic material available – GaAs  Create thin film solar cells

  6. Slide 6: GaAs Is the Highest Efficiency Solar Technology Available

    GaAs IS THE HIGHEST EFFICIENCY SOLAR TECHNOLOGY AVAILABLE  Highest power output per weight  Highest power output per area However, there are limiting factors…  GaAs cells are extremely expensive due to high wafer & processing costs  And inflexible, because cells are typically glued onto rigid or

  7. Slide 7: High Conversion Efficiency GaAs Limited to Space Applications by Cost

    HIGH CONVERSION EFFICIENCY GaAs HAS BEEN LIMITED TO SPACE APPLICATIONS BY ITS HIGH COST Gallium Arsenide Solar PV Power: ~300 watts per m2 Price: Up to $400 per Watt Markets: Space & Specialty Current Market: <$0.4 billion Price Crystalline Silicon Solar PV Power: ~150 watts per m2 Price: ~$0.70 per

  8. Slide 8: What If You Could Produce Low-Cost GaAs Thin Film Cells?

    WHAT IF YOU COULD PRODUCE LOW-COST GaAs THIN FILM CELLS?  Harvest substantially more energy within the same surface area  Harvest the same energy with a fraction of the surface area, dramatically reducing total system costs  Produce flexible, rugged, thin films that do not require bulky encapsula

  9. Slide 9: NanoFlex ND-ELO Process: Creating Low-Cost GaAs Thin Film Cells

    NANOFLEX ND-ELO PROCESS: CREATING LOW-COST GaAs THIN FILM CELLS  NanoFlex’s GaAs technology: Non-Destructive Epitaxial Lift-Off process  Ultra-high power conversion efficiency (like other GaAs PV cells)  Low-cost (via GaAs wafer re-use)  Higher speed processing (elimination of chemo-mechanical p

  10. Slide 10: Reduce Cost by Using the Same GaAs Parent Wafer Over and Over

    REDUCE COST BY USING THE SAME GaAs PARENT WAFER OVER AND OVER NON-DESTRUCTIVE EPITAXIAL LIFT-OFF (ND-ELO) DEVICE ACTIVE REGION “EPI-READY” WAFER SURFACE ND-ELO eliminates the need for chemo- mechanical polishing and creates an “epi-ready” wafer surface ND-ELO creates a wafer surface ready for regrow

  11. Slide 11: NanoFlex Solar Concentrators: Reduce Cost by Using Less Material

    NANOFLEX SOLAR CONCENTRATORS: REDUCE COST BY USING LESS MATERIAL  NanoFlex’s GaAs technology: Mini Integrated Concentrator Array (MICA)  Compound parabolic mini concentrators integrated with GaAs thin film cells  Reduce required semiconductor material by 90%  Capture equivalent energy production

  12. Slide 12: Wafer Reuse, Process Efficiency & MICA Break the Cost Curve

    WAFER REUSE, PROCESS EFFICIENCY & MICA BREAK THE COST CURVE ON GaAs SOLAR CELLS ~$250 ~$15 ~$1.00 ~$35 Source: National Renewable Energy Laboratory, NanoFlex Power, University of Michigan April 2015 Copyright 2015 NanoFlex Power Corporation 12

  13. Slide 13: Solar PV Installations Growing Rapidly

    SOLAR PV INSTALLATIONS GROWING RAPIDLY GW ~45 GW installed in 2014 ~$40 billion solar module market 35.4% compound annual growth from 2000 to 2018 Source: 2000-2013 actuals from European Photovoltaic Industry Association (EPIA); 2014 & 2015 estimates from Deutsche Bank; 2016- 2018 forecasts from EPI

  14. Slide 14: Market Development Strategy: From High Value to High Volume

    MARKET DEVELOPMENT STRATEGY: FROM HIGH VALUE TO HIGH VOLUME Initial focus on high value, low volume applications… Specialty niche Rooftop applications for GaAs ~30 GW, $21 billion ND-ELO allow product Low-cost, flexible and partnership BIPV / BAPV membranes for commercial and development 750 MW, $1.

  15. Slide 15: First Developmental Application: Mobile Field Generation

    FIRST DEVELOPMENTAL APPLICATION: MOBILE FIELD GENERATION Mobile Field Generation for military, emergency preparedness and response, non-government organizations, outdoor enthusiasts NanoFlex GaAs has significant One out of eight U.S. casualties during Operation Iraqi power, weight & cost advantages

  16. Slide 16: NanoFlex GaAs Advantages in Mobile Field Generation

    NANOFLEX GaAs CAN YIELD SIGNIFICANT ADVANTAGES IN MOBILE FIELD GENERATION NanoFlex GaAs solar cells can provide more than 300% higher areal power density (W/m2) than other flexible thin films, at 90% lower price, and at 35% lighter weight. Form Module Module Benchmark W/m2 W/kg Factor kg/m2 Price/m2

  17. Slide 17: Second Application: High Performance Solar Membranes for Building Facades

    SECOND APPLICATION: HIGH PERFORMANCE SOLAR MEMBRANES FOR BUILDING FACADES, SPANDRELS , ROOFTOPS Building Integrated and Applied Photovoltaics (BIPV/BAPV) markets have not reached high growth because current technology is cumbersome and mounting is hardware intensive NanoFlex GaAs advantages for limi

  18. Slide 18: NanoFlex GaAs Advantages in BIPV/BAPV

    NANOFLEX GaAs CAN YIELD SIGNIFICANT ADVANTAGES IN BIPV/BAPV NanoFlex 24 MICA GaAs solar cells can provide more than 10% higher areal power density (W/m2) than industry leader SunPower at a competitive price and at less than 20% of the weight/m2! 2020 price projection for NanoFlex 30 MICA module of $

  19. Slide 19: Our Path to Commercialization

    OUR PATH TO COMMERCIALIZATION Invention: Development: Prototypes: License: Production: Generate new Bring inventions to Commercialization Commercialize Manufacture directions and manufacturing via multiple successful commercial intellectual property readiness, independent technologies & sign product

  20. Slide 20: NanoFlex Holds Key Patents on GaAs Processes and Technologies

    NANOFLEX HOLDS KEY PATENTS ON GaAs PROCESSES AND TECHNOLOGIES NanoFlex Power’s 15 issued or pending U.S. GaAs Patents cover all aspects of its proprietary technology  Protective and sacrificial layering of growth wafers to allow multiple reuses without polishing  Cold weld bonding, which allows ad

  21. Slide 21: The NanoFlex Commercialization Business Model

    THE NANOFLEX COMMERCIALIZATION BUSINESS MODEL Licensing + Fabless Semiconductor Business Model April 2015 Copyright 2015 NanoFlex Power Corporation 21

  22. Slide 22: GaAs ND-ELO: Next Steps

    GaAs ND-ELO: NEXT STEPS  Transition to application development phase  Build NanoFlex’s technology development team  Key development activities and milestones  Demonstrate 10x ND-ELO cycles at low cost  Scale up to modules on plastic/metal foils  Validate cost models  Partner with GaAs PV manu

  23. Slide 23: The NanoFlex Team

    THE NANOFLEX TEAM Name Position Related Experience 35 years experience financing & developing technology opportunities; prev Dean L. Ledger Co-Founder, CEO, Director Director & EVP at Universal Display Corporation (Nasdaq: OLED) Executive Vice President, Private law practice; General Counsel & Direc

  24. Slide 24: Summary

    SUMMARY  NanoFlex’s Non-Destructive Epitaxial Liftoff (ND-ELO) for GaAs is a game changer, not just for GaAs solar, but for the entire solar industry  NanoFlex has the key gate keeping patents enabling low cost thin film GaAs solar cells via ND-ELO and MICA concentration  NanoFlex is implementing

  25. Slide 25: April 2015 Copyright 2015 NanoFlex Power Corporation

    Dean L. Ledger Joey Stone Chief Executive Officer SVP of Corporate Development (480) 585-4200 (225) 400-9720 dledger@nanoflexpower.com jstone@nanoflexpower.com April 2015 Copyright 2015 NanoFlex Power Corporation 25

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