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Mcghee Investor Presentation

Installed System Price per Watt, 2008-2011 6.00 $5.92 System GP $0.45/Wp 3Q10 Breakout Wafering GP $0.17/Wp Installed cost ($/Wp) 5.00 4.00 3.00 2.00 1.00 $3.72 p-Si + Wafer processing Systems Expenses $1.03 Cell $3.17 H $2.83 Module Assy Cell processing GP $0.12/Wp Module Assy GP ■System GP $0.25/Wp BOS Inverter 1Q 2Q 3Q 4Q 1Q 2008 ότ 3Q 4Q 2009 1Q ότ за 2010 4QP 1QP 2QP 3QP 4QP 1QP 2QP 3QP 2011 2012 4QP Original Source: Deutsche Bank, January 2011; Systems are global (i.e., blended across geographies) My source: R. Swanson, IEEE PV Specialists Conf., June 2011 National Renewable Energy Laboratory Labor ■Connection Permits Mod ASP Innovation for Our Energy Future
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