Investor Presentaiton
STRONG GROWTH FORECAST AND SIGNIFICANT POTENTIAL
Ocean
Annual FPV installations1 (MWp)
| Forecast
2 781
I
I
2 198
57
359
101
786
1 374
1 086
1 738
Capacity vs. market potential (GWp)
7 600
2015
2016 2017 2018 2019 2020E 2021E 2022E 2023E 1
10.5
2023E FPV
Capacity Forecast
Sources: 1) Wood Mackenzie, Research and Markets. 2) NREL. 3) International Energy Agency. 4) SERIS. The Company
NREL Market
potential²
Sun
•
NREL has identified 7.6
Terawatts of FPV market
potential, or equivalent to
~50% of the worldwide
electricity demand in 20183
Reservoirs represent a
significant opportunity,
given significant synergies with
hydropower
.
•
•
•
Minimal surface area
required to equal
hydropower output (<5%)4
Existing power grid
infrastructure on-site
Less water evaporation
Smoother power
production profile (day vs.
night, sunshine vs. rain)
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