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Polyolefin Encapsulant Film
Improving Process and Performance to Help Extend Panel Life


                                                              Manufactured by
www.targray.com                                               The Dow Chemical Company
Background




»   Privately held company established in 1989 to service the niche manufacturing industries
»   Significant presence in 3 core businesses
      »   Photovoltaics (Solar)
            »     Current Customers range in size from 2 MW to 2 GW
            »     Full line material supplier for cell and module manufacturers

      »   Lithium-ion Battery
      »   Optical Media
      »   Recycling Services*



www.targray.com                                                                                2
Targray Worldwide Infrastructure




                    Europe:
                    The Netherlands
                    United Kingdom
                    Germany
                    Italy
North America:      Czech Republic
Canada
USA                                   Asia:
Mexico                                India
                                      Singapore
                                      Hong Kong
                                      Taiwan
                                      China
                                      Japan




  www.targray.com                                 3
Dow and Targray




A Strategic Partnership

»   Partnership dedicated to industry specific material development, sales and service

    »   Global Distribution – Optical Media – 15 years


    »   Exclusive Global Distribution – Solar – 5 years


    »   Future Technology Development and Sales




www.targray.com                             ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 4
The Dow Chemical Company




»   More than 30 years of film innovation in specialty films for demanding segments
»   Industry leader in Polyolefins
    »   Integrated and proprietary technology for base resins and film
    »   Ability to custom-tailor polymer structures and develop film formulations to address market needs

»   PV Film development is a major growth platform
    »   Multi-million dollar R&D effort
    » State of the art production line commissioned 2010; additional production expected to triple capacity by
      the end of 2012
    » Working with major module manufacturers globally




www.targray.com                            ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 5
Key Competitive Product Issues


                                                                      EVA (Ethylene Vinyl Acetate)


»   Lamination limitations
    »   Cross-linking required during lamination
    »   Narrow lamination temperature range - risk of bubbling
    »   Shortened life of laminator components due to out-gassing


»   Long term reliability in the field
    »   High Water Vapor Transmission Rate (WVTR)
    » Susceptible to hydrolysis and PID
    » Acetic acid generation: yellowing, clouding, delamination, reduced
      output efficiency



www.targray.com                            ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 6
Polyolefin Encapsulant Film




Designed to help improve processing and performance relative to
module life, electrical efficiency and reliability
»   No liquids/gel content that can create problems during lamination
»   No cross-linking required during lamination
»   Broad lamination operating temperature range
»   High strength adhesion to glass, cell and backsheet
»   Resistant to hydrolysis – no acetic acid generation
»   Low Water Vapor Transmission Rate (WVTR)
»   Excellent Electrical Properties – High Volume Resistivity
»   Good UV Stability and Weather Durability



www.targray.com                      ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow |   7
Polyolefin Encapsulant Film
Cycle times of less than 10 minutes were achieved with the use of
ENLIGHT™ Polyolefin Encapsulant Films vs. the EVA-based film tested




The conclusion of cycle time is represented at the end of pressing time for each material.
Data is based on Dow testing conducted at 3S Photovoltaics and is used with the permission of 3S Photovoltaics.
Test conducted on 3S laminator (S3622CP). Data available upon Request.

www.targray.com                                     ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow |   8
Polyolefin Encapsulant Film

Comparative Peel Strength (Glass)
ENLIGHT™ Polyolefin Encapsulant Film vs. EVA Film

  Material                          Lamination Conditions          °
                                                                180° Peel Strengths to Glass
                                                                2 min vacuum /           3 min vacuum /          4 min vacuum /
                                                                4 min pressure           7 min pressure          10 min pressure
  EVA-based Encapsulant Film        140°C                       89                       150                     98
                                    150°C                       127                      123                     105
                                    160°C                       68                       32                      50
  ENLIGHT™ Polyolefin               140°C                       N/A(1)                   145                     163
  Encapsulant Flm
                                    150°C                       100                      171                     196
                                    160°C                       153                      >190                    >218

    Unacceptable Performance – low gel content and/or bubble formation           Marginal Performance             Excellent Performance


(1)Glass
       broke during adhesion test
Based on Dow testing that compared ENLIGHT™ Polyolefin Encapsulant Film to an EVA-based film. Data available upon request.




www.targray.com                                   ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow |   9
Polyolefin Encapsulant Film


Comparative Water Vapor Transmission Rate
ENLIGHT™ Polyolefin Encapsulant Film vs. EVA Film and PVB Film

  Sample                                             Encapsulant Film Thickness                        °
                                                                                              WVTR @ 38°C
                                                     (micron)
  ENLIGHT™ Polyolefin Encapsulant Film               457                                      3.3
  EVA-based Encapsulant Film                         457                                      34
  PVB-based Encapsulant Film                         457                                      84



All WVTR units are in g/(m2/24 hrs) measured at 100% RH, average of two specimens.
Water absorption (RT, 24 hours, in water): PVB: Rate varies with RH, EVA: 0.04%, ENLIGHT Film: <0.01%
Typical Properties; not to be construed as specifications.
Based on Dow testing that compared ENLIGHT™ Polyolefin Encapsulant Film to an
EVA-based film and a PVB-based film. Data available upon request.




www.targray.com                                       ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 10
Polyolefin Encapsulant Film




Improved Electrical Performance
»   Very high Volume Resistivity levels1, resulting in:
    »    Improved module insulation
    »    Added ability to maintain cell reliability and conduct current
    »    Enhanced and maintained efficiency levels

»   ENLIGHT™ Polyolefin Encapsulant Films have demonstrated more than 50% reduction in
    leakage current compared to some EVA-based films2
    »    Lower leakage current can help reduce the effects of Potential Induced Degradation (PID)

»   The use of ENLIGHT™ Films can help extend module service life
1Based   on Dow testing of the physical properties of ENLIGHT™ Polyolefin Encapsulant Films. Data available upon request.
2Based   on Dow testing that compared ENLIGHT™ Polyolefin Encapsulant Films to some EVA-based films. Data available upon request.


www.targray.com                                     ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 11
Extended Module Reliability Data




                  Following 1000h Damp Heat,        Glass leaching caused
                  both modules underwent 50         drop in Short Circuit
                  Thermal Cycles, 10 Humidity       Current; No film or
                  Freeze Cycles. Both modules       module degradation
                  were then placed back into
                  Damp Heat




www.targray.com                                 ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 12
Extended Module Testing



                  ENLIGHT™ Polyolefin
                    Encapsulant Film                                     EVA




                                   5500 Hrs Damp Heat



www.targray.com                  ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 13
Polyolefin Encapsulant Film




Certifications / Listings: UL, IEC


»   ENLIGHT™ Polyolefin Encapsulant Film is “Recognized Component” under UL listing Category
    Code QIHE2. File # E322209


»   ENLIGHT™ Polyolefin Encapsulant Film have successfully been used in modules that have
    passed testing in accordance with: IEC 61215, IEC 61646, and IEC 61730




www.targray.com                      ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 14
Polyolefin Encapsulant Film

Summary of Advantages
»   Lamination stability and cycle time optimization
    »   Lamination stability
        »   No leaching or out-gassing of corrosives during lamination
        »   No bubbling at higher temperatures due to liquid content
    »   Up to 30% shorter lamination cycle time on existing capital
        »   No cross-linking or gel content requirement for lamination
        »   Possibility to use higher temperatures and shorter cycles without performance risks
    »   Good adhesion with glass, backsheet / frontsheet, active layer

»   Increased reliability and performance over service life
    »   Excellent UV resistance
    »   Exceptionally Low WVTR and moisture absorption
    »   Refractive index similar to glass
    »   Very high volume resistivity
    »   Low glass transition temperature
    »   No hydrolysis / acetic acid reaction to impact output efficiency over time
    »   Ability to better resist Potential Induced Degradation (PID)



www.targray.com                                  ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 15
www.targray.com
www.targray.com

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Enlight encapsulant solar pv film jan 2012

  • 1. Polyolefin Encapsulant Film Improving Process and Performance to Help Extend Panel Life Manufactured by www.targray.com The Dow Chemical Company
  • 2. Background » Privately held company established in 1989 to service the niche manufacturing industries » Significant presence in 3 core businesses » Photovoltaics (Solar) » Current Customers range in size from 2 MW to 2 GW » Full line material supplier for cell and module manufacturers » Lithium-ion Battery » Optical Media » Recycling Services* www.targray.com 2
  • 3. Targray Worldwide Infrastructure Europe: The Netherlands United Kingdom Germany Italy North America: Czech Republic Canada USA Asia: Mexico India Singapore Hong Kong Taiwan China Japan www.targray.com 3
  • 4. Dow and Targray A Strategic Partnership » Partnership dedicated to industry specific material development, sales and service » Global Distribution – Optical Media – 15 years » Exclusive Global Distribution – Solar – 5 years » Future Technology Development and Sales www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 4
  • 5. The Dow Chemical Company » More than 30 years of film innovation in specialty films for demanding segments » Industry leader in Polyolefins » Integrated and proprietary technology for base resins and film » Ability to custom-tailor polymer structures and develop film formulations to address market needs » PV Film development is a major growth platform » Multi-million dollar R&D effort » State of the art production line commissioned 2010; additional production expected to triple capacity by the end of 2012 » Working with major module manufacturers globally www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 5
  • 6. Key Competitive Product Issues EVA (Ethylene Vinyl Acetate) » Lamination limitations » Cross-linking required during lamination » Narrow lamination temperature range - risk of bubbling » Shortened life of laminator components due to out-gassing » Long term reliability in the field » High Water Vapor Transmission Rate (WVTR) » Susceptible to hydrolysis and PID » Acetic acid generation: yellowing, clouding, delamination, reduced output efficiency www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 6
  • 7. Polyolefin Encapsulant Film Designed to help improve processing and performance relative to module life, electrical efficiency and reliability » No liquids/gel content that can create problems during lamination » No cross-linking required during lamination » Broad lamination operating temperature range » High strength adhesion to glass, cell and backsheet » Resistant to hydrolysis – no acetic acid generation » Low Water Vapor Transmission Rate (WVTR) » Excellent Electrical Properties – High Volume Resistivity » Good UV Stability and Weather Durability www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 7
  • 8. Polyolefin Encapsulant Film Cycle times of less than 10 minutes were achieved with the use of ENLIGHT™ Polyolefin Encapsulant Films vs. the EVA-based film tested The conclusion of cycle time is represented at the end of pressing time for each material. Data is based on Dow testing conducted at 3S Photovoltaics and is used with the permission of 3S Photovoltaics. Test conducted on 3S laminator (S3622CP). Data available upon Request. www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 8
  • 9. Polyolefin Encapsulant Film Comparative Peel Strength (Glass) ENLIGHT™ Polyolefin Encapsulant Film vs. EVA Film Material Lamination Conditions ° 180° Peel Strengths to Glass 2 min vacuum / 3 min vacuum / 4 min vacuum / 4 min pressure 7 min pressure 10 min pressure EVA-based Encapsulant Film 140°C 89 150 98 150°C 127 123 105 160°C 68 32 50 ENLIGHT™ Polyolefin 140°C N/A(1) 145 163 Encapsulant Flm 150°C 100 171 196 160°C 153 >190 >218 Unacceptable Performance – low gel content and/or bubble formation Marginal Performance Excellent Performance (1)Glass broke during adhesion test Based on Dow testing that compared ENLIGHT™ Polyolefin Encapsulant Film to an EVA-based film. Data available upon request. www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 9
  • 10. Polyolefin Encapsulant Film Comparative Water Vapor Transmission Rate ENLIGHT™ Polyolefin Encapsulant Film vs. EVA Film and PVB Film Sample Encapsulant Film Thickness ° WVTR @ 38°C (micron) ENLIGHT™ Polyolefin Encapsulant Film 457 3.3 EVA-based Encapsulant Film 457 34 PVB-based Encapsulant Film 457 84 All WVTR units are in g/(m2/24 hrs) measured at 100% RH, average of two specimens. Water absorption (RT, 24 hours, in water): PVB: Rate varies with RH, EVA: 0.04%, ENLIGHT Film: <0.01% Typical Properties; not to be construed as specifications. Based on Dow testing that compared ENLIGHT™ Polyolefin Encapsulant Film to an EVA-based film and a PVB-based film. Data available upon request. www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 10
  • 11. Polyolefin Encapsulant Film Improved Electrical Performance » Very high Volume Resistivity levels1, resulting in: » Improved module insulation » Added ability to maintain cell reliability and conduct current » Enhanced and maintained efficiency levels » ENLIGHT™ Polyolefin Encapsulant Films have demonstrated more than 50% reduction in leakage current compared to some EVA-based films2 » Lower leakage current can help reduce the effects of Potential Induced Degradation (PID) » The use of ENLIGHT™ Films can help extend module service life 1Based on Dow testing of the physical properties of ENLIGHT™ Polyolefin Encapsulant Films. Data available upon request. 2Based on Dow testing that compared ENLIGHT™ Polyolefin Encapsulant Films to some EVA-based films. Data available upon request. www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 11
  • 12. Extended Module Reliability Data Following 1000h Damp Heat, Glass leaching caused both modules underwent 50 drop in Short Circuit Thermal Cycles, 10 Humidity Current; No film or Freeze Cycles. Both modules module degradation were then placed back into Damp Heat www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 12
  • 13. Extended Module Testing ENLIGHT™ Polyolefin Encapsulant Film EVA 5500 Hrs Damp Heat www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 13
  • 14. Polyolefin Encapsulant Film Certifications / Listings: UL, IEC » ENLIGHT™ Polyolefin Encapsulant Film is “Recognized Component” under UL listing Category Code QIHE2. File # E322209 » ENLIGHT™ Polyolefin Encapsulant Film have successfully been used in modules that have passed testing in accordance with: IEC 61215, IEC 61646, and IEC 61730 www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 14
  • 15. Polyolefin Encapsulant Film Summary of Advantages » Lamination stability and cycle time optimization » Lamination stability » No leaching or out-gassing of corrosives during lamination » No bubbling at higher temperatures due to liquid content » Up to 30% shorter lamination cycle time on existing capital » No cross-linking or gel content requirement for lamination » Possibility to use higher temperatures and shorter cycles without performance risks » Good adhesion with glass, backsheet / frontsheet, active layer » Increased reliability and performance over service life » Excellent UV resistance » Exceptionally Low WVTR and moisture absorption » Refractive index similar to glass » Very high volume resistivity » Low glass transition temperature » No hydrolysis / acetic acid reaction to impact output efficiency over time » Ability to better resist Potential Induced Degradation (PID) www.targray.com ®™Trademark of The Dow Chemical Company (“Dow”) or an affiliated company of Dow | 15