Enrich the World with Clean Energy

Namseon
Electricity Co., Ltd
Joseon Electric
Industry Co., Ltd
Gyeongseong
Electricity Co., Ltd.

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Next Generation Eco-friendly PV plants
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✓ Basic Concept of Technology (Solar Power Generation Block)

Sidewalk Block Solar Cell Road Surface Solar Module

✓ Application

Sidewalk Bicycle Square Seawall Roundabout Roof top

Block Road
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 Development of Block-type PV module commercialization
technology without site restrictions

EWP Hanchuk Tech Government Ulsan City

Completed
Step 1 : Technology
development

On-going
Step 2 :
Improvement &
Commercialization

Gov funding(0.8m$) Efficiency : Economics : National Park, Bicycle road, Seawall,

(16.4→17.4%) (50%↑) Cultural Center in Ulsan roof top, etc

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 Project Overview

Item Contents Remark

Site Square in Ulsan district city office
Period 2020. 09. 01 -2020. 11.16 (3 months) 11.16. complete
Area PV : 36㎡
Cost 152k$

8m
Division Quantity Capacity Demand

PV 336 (36㎡) 5.9kW

LED 240 (26㎡) 4.4kW

5.0m
8m

Total 576 (62㎡) 5.9kW 4.4kW

The generated electricity has the effect of reducing electricity

consumption at the Ulsan District office, and video system can be
5.3m operated without time limit at night

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 Installation Process

① Pond Removal ② Foundation Work ③ Frame Installation ④ PV Block Installation

⑤ LED Block Installation ⑥ Distribution ⑦ Monitor ⑧ Commissioning ⑨ Completion

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✓ Generation Monitoring
Monitoring system at on-site and real-time online application via smartphone

On Site - Monitoring Online - Monitoring

Road Surface PV Plant (Power Generation, CO2 Reduction) (Power Generation present/today/YD/Total)
Possible to check Facility defects or not

✓ Generation Data
Division 1hr Day(3.5hr) Month(30d) Year(365d)

Install Capacity 5.9kWh 20.6kWh 618kWh 7,519kWh

Expected Generation - - - 7,200kWh
Actual Generation - - - 5,110kWh

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✓ Total Actual Electricity Generation

✓ Expected Electricity Generation

Considering the specificity of the site (generation cut out by
the shadow of the office building before 10am and after 3pm)
and shutdown due to inverter failures, it could be possible to
get some additional energy yield in normal condition.

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 History

Project Award : 2020. 08.

PV Block Installation : 2021. 04.

Scale

Division Quantity Capacity

Road Block 140 2.5kW

Sidewalk Block 28 0.5kWh

Benefits
- Issuance of a performance confirmation when a performance test and indicator are achieved
- The performance confirmation can be submitted to the seller as proof documentation
- Support public and private supply projects in Seoul for the product with the confirmation
- Supporting domestic and foreign markets in connection with the "Seoul Green Industry Promotion
Support Project" for participating companies
- Support for national certification and distribution projects in connection with Korea public corporation

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 Overview

(In case of existing certification standards do not fit the new product, or there are no suitable certification standards)

History

Benefits

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 Sleeper Rail

Subgrade Gravel+Ballast

Railway Structure (Black : PV Block) Installation Image (Black : PV Block)

PV Block Frame Installation BOP Sum

28,000 block 28,000 set 28,000 block 2,520kW

$5m
$120/block $17/set $33/set $43/kW
($2m/MW)
$3.3m $0.5m $1m $0.1m

※ Railway PV Block is cost-effective by 30% compared to normal PV Block due to low installation cost
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 Solar Power Generation
Item Building Integrated PV(BIPV) Solar Panel
Block

Overview

Pedestrian Road, Building

Location Building Wall Roof of building
Wall, Roof of Building

Efficiency 17% 12% 19%

Utilize unused space ○ ○ ×

Aesthetic ○ × ×

Simple structure ○ × ×

View obstruction × ○ ○

Light reflection × ○ ○

Wind × ○ ○

Cost(1kW) 3,221$ 8,099$ 2,119$

※ Excluding Grid Connection Expense

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 Advantages of Commercialization

▪ Utilization of idle space in urban area

▪ Increase the energy yield through flat installation
▪ Less complaints for light reflection and electromagnetic waves
▪ Using as a landmark attraction in parks and squares
▪ Easy to assemble & disassemble

Cost of Commercialization(1MW)

Material Cost
Note Installation Cost Sum
Block Frame
SOLAR POWER 2.3M$ 0.37M$ 0.42M$
3.1M$
Generating Block (22,200EA×101$) (22,200EA×17$) (999Kw×424$)

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 Overview

Upgrading Purpose

1st Gen. Module 2nd Gen. Module Remark

Efficiency 16.4% 17.4% 1%p↑
Energy Yield 18Wp 45Wp 150%↑
Dimension 33x33(cm) 52x52(cm) 148%↑

Potential Site

Main Square in National Park, Ulsan Cultural Center, Ulsan 19

 Future Business in Ulsan

Commercialization in Ulsan City

• Exp. Gen : 7,000MWh/month(65MW )

• Exp. Cost : $0.2B

Ulsan : Seawall 8 site Ulsan : rooftop 787 plants Ulsan : bicycle road 671M • CO2 Reduction : 39,822tCO2/year
신기술인증추진(’21.12 예정)

Commercialization across the country

Sales improvement PV industry Revitalization Growth into SME

PV Cell Manufacturer Host Company

Sales improvement
Sales improvement
Electricity, Civil Company
Raw materials companies

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 Cooperation with Ulsan City 2030
(A seawall)
R&D and business
Cooperation with Ulsan City 2024
promotion agreement with 2022 (Feasibility review)
Ulsan City

2021
Technology test
completion 2023 Cooperation with Ulsan City 2027 Cooperation with Ulsan City
(Bicycle path) (Rooftop of a building)

산공장 확장
①(250장/일
Zero 양산
Energy
) Building (Rooftop PV installation)
② Road Surface PV (road surface PV installation at road, railway)
③ Main Square PV (PV installation in square park)
④ Seawall PV (PV installation on the coastal seawall)

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Enrich the World with Clean Energy