Square One Solar Briefing – May 28 2010
India´s "New Solar Mission" opens doors for fast development for the Concentrated Solar Thermal industry worldwide
The company has been in talks with its partners in India, where we have identified that there is a great interest in our product. This week, the company held high level meetings with one of our licensees to develop our strategy for the Indian subcontinent, and is confident that it will be entering the market in the next year.
India's 'New Solar Mission' is the most ambitious solar energy development plan in the world. By 2022 the country aims to be generating 20 GW of energy from sunlight. Going by International Energy Agency forecasts - this will make India the producer of almost three-quarters of the world's total solar energy output.
This plan is a strong indication that the Indian government is committed to solar and that going forward they will have the will and the motivation to continue to support this industry. This is truly a ‘New Solar Mission’, not a ‘clean energy mission’.
The opportunity this creates for the Square One and the solar industry is so vast it’s difficult to paint the picture of just how much the business is set to grow and develop in India and beyond.
The ‘New Solar Mission’ has set forward a three-stage approach to hitting the 2022 target. The first stage will comprise 1,100MW of grid-connected power and up to 200MW of non-grid capacity by 2013.
Square One Solar Systems Corp. has developed a revolutionary technology that will change the face of the Photovoltaic (PV) solar energy industry around the world. Through the development of a proprietary solar PV panel manufacturing technology, Square One Solar plans to manufacture non-Silicon based, quantum dot polymer solar panels for global consumption that maximize solar energy efficiency, are cost effective, easy to use, and safe for the environment.
This briefing is not intended to be and is not an advertisement for any securities of the company. Information presented herein, while obtained from various inside and outside sources, which Square One management believes are reliable, is not guaranteed either as to accuracy or completeness. | 
