Conference Program - LOPE-C 2011
Conference Program - LOPE-C 2011
Conference Program - LOPE-C 2011
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BC-INVESTOR FORUM | WEDNESDAY-JUNE 29, <strong>2011</strong><br />
Track 1<br />
Products (03:15 pm - 06:00 pm) | LOCATION SPEKTRUM / LEVEL C2<br />
03:15 pm Printed Plastic Solar Power for Emerging Markets (B-round)<br />
Dr Simon Bransfield-garth,<br />
Eight19 Ltd, CEO, United Kingdom<br />
Eight19 is developing a new generation of printed plastic solar cells, using organic photovoltaic (OPV) technology. Based on work pioneered by the internationally<br />
renowned team at Cambridge University, the company focuses on high speed, low cost manufacturing techniques to create lightweight, non-toxic, flexible solar films. While<br />
solar power is well known for large-scale deployments connected to the electrical grid, a new breed of high volume applications is emerging for self-powered consumer<br />
products. The flexibility, low weight, robustness and ease of manufacture of printed plastic solar cells makes them ideal of these applications. The off-grid solar market is<br />
focused on emerging economies with an abundance of sunshine and a burgeoning demand for energy. Volume opportunities include lighting, refrigeration, pumping and<br />
mobile phone charging. In contrast to on-grid electricity, the cost of the existing power can be very high. For example, according to the GSMA, some 500M people<br />
worldwide have mobile phones but no mains electricity and spend as much as $36/year to charge their phones. Even with conservative estimates on pricing, the mobile<br />
phone charging segment alone represents a $2-3Bn market for photovoltaics. Similarly, in India, the number of solar lamps has grown from 500k in 2009 to over 1M in 2010<br />
and the Indian Government is the first to include stand-alone solar lights as part of their national solar subsidy program. Eight19’s “roll-to-roll” printing<br />
techniques create environmentally friendly, low cost product ideally suited to these high volume consumer applications, where the cost, weight and fragility of traditional<br />
solar solutions limit the rate of growth of the market. Eight19 is headquartered in Cambridge, England and concluded a £4.5M Series A from the Carbon Trust,<br />
Rhodia SA in September 2010. The company will be seeking Series B funding in 2012. For further information, please visit www.eight19.com<br />
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