Empowering a Solar Tomorrow Dr. ZhengRong Shi Chairman & Chief Executive Officer October 17, 2011

Transcription

1 Empowering a Solar Tomorrow Dr. ZhengRong Shi Chairman & Chief Executive Officer October 17, 2011

2 years from inception to solar leadership Founded by Dr. ZhengRong Shi with technology from U.N.S.W. Listing on the NYSE (STP) Over 5GW of installed base MW capacity production started in Wuxi, China. Production capacity reached 1GW

3 30 locations worldwide Sales, support, production and R&D Representative Office R&D/Production Facility Invested Operations

4 >5GW of installations in over 80 countries worldwide 01 Representative Office R&D/Production Facility Invested Operations

5 Powering families

6 Powering businesses

7 Powering cities

8 Powering remote communities

9 43% CAGR in Suntech PV shipments in last 5 years 2, ,572 PV MW Shipments E

10 2.4GW PV module and cell capacity by end ,000 1,100 1,800 2,400 PV cell capacity (MW) E

11 Gaining market share year on year 2006 MW 2007 MW 2008 MW 2009 MW 2010 MW Gintech 368

12 Among global energy sources 15 World Energy Use 15 TW-yrs per year 23 Wind Natural Gas 6 OTEC Biomass Petroleum 0.3 Tides 0.5 Waves 2 Geothermal Hydro 220 Uranium 900 Total reserve Coal 12 Richard Perez Used With Permission

13 Solar is by far the most abundant 15 World Energy Use 15 TW-yrs per year 23 Wind 70 Solar 11 Natural Gas 40,000 TW-yrs per year 4 6 Biomass OTEC 170 Petroleum 0.3 Tides 0.5 Waves 2 Geothermal Hydro 220 Uranium 900 Total reserve Coal 13 Richard Perez Used With Permission

14 65% CAGR worldwide solar industry for past 5 years Equivalent to 17 nuclear power plants in 2011 Source: PV Industry Growth Data from Paula Mints, Principal Analyst, Solar Services Program, Navigant

15 2.5% increase projected for conventional electricity costs Sources: U.S. Energy Information Administration (EIA) ; DOE, Annual Energy Outlook, 2011

16 Retail Electricity Rates Are Rising While PV System Installation Costs Are Declining U.S. Average Annual Electricity Rates (units in $ / kwh) Average PV System Installation Cost (units in $ / W) $0.12 $0.11 $ $0.10 $ $ $ '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 ' '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 '10 Residential Commercial All Sectors Industrial Since 2000, U.S. electricity rates have steadily increased by approximately 3.5% to 4.0% per year across all markets Capacity-Weighted Average Cost Since 2000, the capacity-weighted average cost of installing a PV solar system in the U.S. declined by 5.5% per year

17 Solar price drops Mirror High Tech Consumer Goods Driven by Innovation, Automation, and Scale Digital Cameras Cell Phones with plan DVD Players

18 Annual Global Demand (GW) Growth (%) The Solar Rollercoaster Demand (GW) YoY Growth 180% 160% 140% % 100% 10 80% 60% 5 40% 20% 0 Source: Solarbuzz e 0%

19 Declining silicon costs have made solar affordable

20 Cost reductions are achieved beyond raw material savings

21 Achieve scale in production through mass commercialization

22 Incremental innovations To achieve sustainable and commercial results Longevity & reliability Maximizing yield Uniformity over large areas

23 A flexible & efficient supply chain to capture price opportunities & shorten time to market

24 Higher cell efficiencies through material and process innovations

25 Conversion efficiency Striving for higher cell efficiencies through focused innovations STP156 STP125 STP156S 16.5% STP125S 17.8% 19.2% STP125S 21% Mono Target 15% 14%

26 450 R&D personnel delivering breakthrough innovation

27 SuperPoly cell technology Lower production cost of poly at mono efficiency & benefits

28 25% world record laboratory efficiency with Pluto cell technology

29 % Semiconductor Finger Technology Overcomes limitations of Screen-printed solar cells Self-aligned selective emitter 18.3% efficiency with FF of 79.5% Large scale manufacturing 2006 S6A EQE Reflection IQE Wavelength (nm)

30 PLUTO Technology Replaces photolithographic processes High speed low cost ARC patterning Unique metallisation approach 19.1% av efficiency p-type CZ 20-21% generation 2 PLUTO

31 Reflection (%) Unique Features of Pluto Cells Reflection of SLAR coating Wavelength (nm)

32 Efficiency (*100%) Recent Production Results Solar cell efficiencies in 2 consecutive batches (500 cells)

33 Efficiency(*100%) Mass production results (cells) 3 months mass production results indicated that PLUTO technology is an extreme robust technology One week mas s produc tion res ults of multic rys talline s ilic on s olar c ells

34 From lab to production Applications of PLUTO technology in other low quality wafers String Ribbon Wafers Compared with screen print technology, PLUTO cell has better current due to low shading lose and better Fill Factor due to better BSF and concentrated doping under metal contactors Typical solar cell results Voc: 607mV Jsc: 35.2mA/cm2 FF: 77.4% Eff: 16.53%

35 From lab to production Applications of PLUTO technology in other low quality wafers EFG Wafers Again, PLUTO cell has better current due to low shading lose and better Fill Factor due to better BSF and concentrated doping under metal contactors Typical solar cell results Voc: 614 mv Jsc: 34.6mA/cm2 FF: 76.8% Eff: 16.3%

36 From lab to production Applications of PLUTO technology in other low quality wafers UMG Wafers Efficiency is slightly lower comparing with multicrystalline, string ribbon and EFG wafer solar cells, but has quit large reverse current Typical solar cell results Voc: 635 mv Jsc: 33.1mA/cm2 FF: 78.6% Eff: 16.52% Irev: 1.036A

37 Mass production results (Modules) Statistic of a typical single day module production results (> 100 modules with *156 mm2 cells) Average Voc: 45.3V Average Isc: 8.45A Average FF: 77.52% Average Pmpp: 297W Average cell efficiency: 16.9%

38 Mass production results (Modules) Power output distribution of a typical single day module production modules made by *156mm multicrystalline cells

39 Mass production results Fraunhofer ISE confirmed one of cell results from mass production

40 World record polysilicon cell efficiency Fraunhofer ISE confirmed module result (the module was made by *125mm multicrystalline silicon solar cells) Voc: 45.3V Ise: 5.54A FF: 77.5% Pmpp: 194.3W Module efficiency with frame 15.2%

41 Over 16.6% Calculated module aperture efficiency

42 Polycrystalline Silicon Thin Film Module

43 CSG Solar Accomplishments One of only few companies able to prove high performance in the field: >6 MW fielded. Demonstrated performance ratios >90%. Product certified by TÜV Rhineland to IEC and with proven durability. R&D efficiency 10.4% 3.14 MW CSG MW mcsi

44 CSG Solar Next Step Actions More development effort to make the technology more competitive: Efficiency greater than 12% Production cost smaller than $1/Wp Capex lower than $0.3/Wp Production yields ~95%

45 As we grew, we created many more downstream jobs Every 10 jobs in our factories 15 jobs in customer markets

46 Strategic partnership network delivering value & low LCOE EPCs Suppliers Suntech Local partners Customers

47 Flight to quality Customers want 25 year partnerships

48 Sustainable development A corporate mission

49 A multi-faceted approach required People Society Environment

50 We have a good record but more needs to be done 20,231 employees in % reduction in manufacturing wastewater in toxic chemicals phased out of production 17% reduction in accidents in % compound annual shipment growth rate since inception 24% energy consumption reduction over the last 2 years

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52 50% of countries will reach grid parity by 2015

53 The future is bright

54 250GW of solar capacity required to meet 5% of total energy requirement in 2015 World energy demand in trillion KWh New generation capacity 5,000 GW 5% solar 250GW

55 Solar is ready now Solar 17 GW Coal 6.7 GW Wind 5 GW Natural Gas 5.5 GW Solar added more than 17 GW worldwide in 2010 All other sources combined only added 14.7 GW in the US in 2010 Source: Erik Shuster, National Energy Technology Laboratory, Tracking New Coal-Fired Power Plants, January 14, 2011(Natural Gas includes NGCC at 4GW and NG GT as 1.5 GW.)

56 TODAY 1 million people have access to power from Suntech solar panels

57 20 million people powered by Suntech panels by 2020

58 Empowering Solar for a better tomorrow

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