SEMI PV Group ♦ The Grid, July 2012 IN THIS ISSUE Focusing on the Promise of Affordable Solar Power In India PV Industry Quarterly Update-Q2'12 First Solar Keynote: Solar Power's Transition from Subsidy Dependence to Mainstream Energy Solution PV Standards Update - July 2012 Global PV Manufacturing Landscape in 2012 and Beyond China Raises 2015 Installation Target to 21GW PV Technology Roadmap and Buying Cycle Essential to Rendering Legacy Capacity as Obsolete The True Cost of Solar Power -- Temple of Doom SEMI and SEIA Formalize Partnership to Grow Solar Industry CALENDAR August 2-3, 2012 China PV Project Development Forum - Desert Applications September 3-5, 2012 SOLARCON India 2012 October 3-5, 2012 PV Taiwan 2012 December 3-5, 2012 PVJapan 2012 March 10-13, 2013 7th SEMI Europe PV Fab Managers Forum March 19-21, 2013 SOLARCON China 2013 PARTNER EVENTS August 15, 2012 US DOE SunShot Webinar: Solar Technology Options and Resource Assessment August 29, 2012 US DOE SunShot Webinar: Policy Environments that Draw Manufacturers and Create Jobs September 6, 2012 Solarpraxis: Quality for Photovoltaics September 10, 2012 Solarpraxis: PV Technology Conference - N. Africa October 29-30, 2012 Greentech Media: U.S. Solar Market Insight 2012 November 13-14, 2012 Solar Industry Summit Middle East 2012 November 22-23, 2012 13th Forum Solarpraxis November 28-29, 2012 Solarpraxis: 4th PV Power Plants Conference - USA 2012 February 26-27, 2013 OTTI's 3rd European American Solar Deployment Conference PV Rollout Preparing for a Stronger Tomorrow By Bettina Weiss, Vice President, SEMI PV Group "When will there be good news?" This question is reverberating louder and louder through the global PV manufacturing industry in a variety of languages. Hardly a week goes by without news of foreclosures, insolvencies, or significant project delays. The global PV equipment book-to-bill ratio for the first quarter of 2012 hovered around 0.40. It's just plain bad. And the solar winter seems likely to continue for a while. Overcapacity is still about 2X of demand, and it's going to take some time for the market to absorb this excess capacity, and for cell makers to start manufacturing again. GTM Research reported that about 21GW of capacity will be retired by 2015 due to consolidation, attrition and downramping. And trade disputes are expanding to Europe and Korea, further complicating the industry's recovery. (More...) Presentations from PV Production and Technology Stage at Intersolar North America Now Available! Focusing on the Promise of Affordable Solar Power In India By Debasish Choudhury, SEMI India The SOLARCON India inaugural keynote addresses will be delivered by: James CP Chen, Solar Business Group, AUO Group; Dr. Martha Symko Davies, NREL; and William Polese, Lux Research Asia Pacific Pte. Ltd. PV Industry Quarterly Update Q2'12 By Melody Song, SEMI Industry Research & Statistics While global PV demand continues to grow, due to oversupply and falling prices, manufacturers' profitability continues to be a challenge, significantly impacting equipment spending and investing confidence. First Solar: Solar Power's Transition from Subsidy Dependence to Mainstream Energy Solution By First Solar In his keynote presentation at Intersolar North America 2012, Jim Brown, First Solar EVP of Global Business Development, laid out his vision for the solar industry's future, enumerating the keys to success in light of the rapidly changing business drivers for utility-scale solar power on both the supply and demand side. PV Standards Update - July 2012 By Kevin Nguyen, SEMI Standards A wrap-up of recent SEMI International Standards activities from around the globe. The Global PV Manufacturing Landscape in 2012 and Beyond: A Brave New World By Shyam Mehta, GTM Research Along with most of the industry, we predicted that the solar industry was entering a new era, one of structural oversupply and rampant consolidation, from which it would not recover easily. China Raises 2015 Installation Target to 21GW By Kai Qiao, SEMI China China had originally aimed for 5GW of solar by 2015, but officials proposed a revision to 15GW last May as the fast decline of module prices made PV more attractive. PV Technology Roadmap and Buying Cycle Essential to Rendering Legacy Capacity as Obsolete By Finlay Colville, NPD Solarbuzz The creation of the new PV technology roadmap will be a leading indicator for the new technology buying cycle, which will be driven collectively by top-tier c-Si manufacturers in China and Taiwan. The True Cost of Solar Power -- Temple of Doom By David Sullivan, Photon Consulting Solar companies are facing an existential choice - achieve a competitive cost structure or die. SEMI and SEIA Formalize Partnership to Grow Solar Industry By SEMI Under the new partnership, SEIA and SEMI will collaborate on communications, events, policy and market research activities that promote solar energy.

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