1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 8
2 Corporate Presentation 9
2.1 Facts and Figures 9
2.2 Financial Performance 9
2.3 Market Outlook – Solar PV 9
2.4 Moser Baer Photo Voltaic Limited, Production Capacity, 2003-08, MW 10
3 Moser Baer Photo Voltaic Limited, Solar Products Summary 11
3.1 Moser Baer Photo Voltaic Limited, Solar Product Details 12
3.1.1 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.90 Watts) 12
3.1.2 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (3.80 Watts) 13
3.1.3 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.7 Watts) 14
3.1.4 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (3.6 Watts) 15
3.1.5 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.4 Watts) 16
3.1.6 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (3.2 Watts) 17
3.1.7 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.00 Watts) 18
3.1.8 Moser Baer Photo Voltaic Limited, Solar Product Details, MBPV MAX Series 156 19
3.1.9 Moser Baer Photo Voltaic Limited, Solar Product Details, MBPV-P Max-Series / MBPV-M Max-Series 20
3.1.10 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (2.90 Watts) 22
3.1.11 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (2.40 Watts) 23
3.1.12 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (2.40 Watts) 24
3.1.13 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (2.3 Watts) 25
3.1.14 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (2.3 Watts) 26
3.1.15 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (2.1 Watts) 27
3.1.16 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (2.1 Watts) 28
3.1.17 Moser Baer Photo Voltaic Limited, Solar Product Details, MBPV Value Series Module 130 W 29
3.1.18 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (1.9 Watts) 31
3.1.19 Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (1.8 Watts) 32
4 Moser Baer Photo Voltaic Limited, Solar Parks Summary 33
4.1 Solar Park Information 34
4.1.1 Moser Baer Photo Voltaic Limited, Solar Park Details, Michelin 34
5 Major Products and Services 35
5.1 Overview 35
6 Competitors 36
7 Key Employees 37
8 Locations and Subsidiaries 38
8.1 Head Office 38
9 Financial Deals Landscape 39
9.1 Moser Baer Photo Voltaic Limited, Deals Volume Summary, 2004 to YTD 2009 39
9.2 Moser Baer Photo Voltaic Limited, Deals Summary By Region, 2004 to YTD 2009 40
9.3 Moser Baer Photo Voltaic Limited, Deals Summary, 2004 to YTD 2009 41
9.4 Moser Baer Photo Voltaic Limited Detailed Deal Summary 42
9.4.1 Rumored Deals 42
9.4.2 Acquisition 43
9.4.3 Private Equity 46
9.4.4 Venture Financing 48
10 Moser Baer Photo Voltaic Limited, Solar Contracts Summary 51
10.1 Contract Information 52
10.1.1 Moser Baer Photo Voltaic Limited, Turbine Contract Details, Moser Baer Signs A Contract With COLEXON 52
10.1.2 Moser Baer Photo Voltaic Limited, Turbine Contract Details, Moser Baer Photo Volatic Ltd. To Develop A Solar Park In India 53
11 Recent Developments 54
11.1 New Projects 54
11.1.1 April 07, 2008: Four Firms Shortlisted To Set Up Solar PV Power Projects In Punjab 54
11.2 New Contracts 54
11.2.1 November 09, 2008: Manz Bags Euros 50 Mln Order For Solar Equipments 54
11.2.2 October 01, 2008: Moser Baer Receives US$ 500 Mln Order For Solar Modules In Europe 54
11.2.3 April 02, 2008: LDK Signs Wafer Supply Agreement With Moser Baer 55
11.2.4 July 27, 2007: REC Signs Supply Agreement With Moser Baer 56
11.3 Operations Updates 56
11.3.1 December 02, 2008: Moser Baer To Begin Thin-film Panel Production From 2008 56
11.3.2 11, 2008: Moser Baer Completes Trials Of First Gen 8.5 Thin Film Plant In Noida 58
11.3.3 June 07, 2007: Moser Baer Commences Commercial Shipment Of Solar Photovoltaic Cells 58
11.3.4 March 02, 2007: Moser Baer Starts Trial Run Of Solar Photovoltaic Cell Production Facility 59
11.4 Financial Announcements 59
11.4.1 October 24, 2008: Moser Baer December lares 2Q Fiscal 2009 Results 59
11.4.2 August 01, 2008: Moser Baer December lares 1Q Fiscal 2009 Results 61
11.4.3 April 30, 2008: Moser Baer December lares Fiscal 2008 Results 63
11.4.4 January 31, 2008: Moser Baer December lares 3Q Fiscal 2008 Results 65
11.4.5 October 26, 2007: Moser Baer December lares 2Q Fiscal 2008 Results 67
11.5 Strategy and Business Planning 69
11.5.1 July 28, 2008: Moser Bayer And Gammon Receive Permits To Set Up Hydro Power Projects In Himachal Pradesh 69
11.5.2 July 04, 2008: Applied In Talks With MBPV For Supply Of Equipment For PV Modules 69
11.5.3 June 10, 2008: Moser Baer Signs MoU With Tamil Nadu To Setup Photovoltaic Plant In Tamil Nadu, India 70
11.5.4 March 05, 2007: Moser Baer To Set Up Thin Film Solar Fab 71
11.6 Government and Public Interest 72
11.6.1 July 28, 2008: Moser Bayer And Gammon Receive Permits To Set Up Hydro Power Projects In Himachal Pradesh 72
11.6.2 April 07, 2008: Four Firms Shortlisted To Set Up Solar PV Power Projects In Punjab 72
11.7 Other Significant Developments 73
11.7.1 December 23, 2008: Moser Baer Appoints New CEO 73
11.7.2 June 11, 2008: COLEXON Signs Long-Term Delivery Agreement With Moser Baer Of Micro-Amorphous Thin-Film Modules Until 2012 73
11.7.3 February 11, 2008: Moser Baer To Invest US$ 1.5 Bln In Photovoltaics 74
11.7.4 November 30, 2007: Moser Baer Signs MoU With Rajasthan To Set Up Solar Power Project 74
11.7.5 October 19, 2007: Moser Baer To Raise US$ 100 Mln In Its Wholly Owned Photovoltaic Subsidiary 75
11.7.6 June 07, 2007: Moser Baer To Invest US$ 30 million To Double Its Capacity In Fiscal 2007/08 77
11.7.7 February 27, 2007: Moser Baer Finalizes Tie-Up With Deutsche Solar 77
11.7.8 August 29, 2006: Moser Baer To Invest US$ 17 Mln In MBPV 78
12 Appendix 80
12.1 Methodology 80
12.2 About Global March kets Direct 80
12.3 Contact Us 80
12.4 Disclaimer 80
1.1 List of Tables
Table 1: Moser Baer Photo Voltaic Limited, Facts and Figures 9
Table 2: Moser Baer Photo Voltaic Limited, Production Capacity, 2003-08, MW 10
Table 3: Moser Baer Photo Voltaic Limited, Solar Products Summary 11
Table 4: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.90 Watts) 12
Table 5: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (3.80 Watts) 13
Table 6: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.7 Watts) 14
Table 7: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (3.6 Watts) 15
Table 8: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.4 Watts) 16
Table 9: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (3.2 Watts) 17
Table 10: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Monocrystalline Silicon (3.00 Watts) 18
Table 11: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV MAX Series 156 19
Table 12: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV-P Max-Series / MBPV-M Max-Series 20
Table 13: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 156 Multicrystalline Silicon (2.90 Watts) 22
Table 14: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (2.40 Watts) 23
Table 15: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (2.40 Watts) 24
Table 16: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (2.3 Watts) 25
Table 17: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (2.3 Watts) 26
Table 18: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (2.1 Watts) 27
Table 19: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (2.1 Watts) 28
Table 20: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV Value Series Module 130 W 29
Table 21: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Monocrystalline Silicon (1.9 Watts) 31
Table 22: Moser Baer Photo Voltaic Limited, Turbine Technical Details, MBPV 125 Multicrystalline Silicon (1.8 Watts) 32
Table 23: Moser Baer Photo Voltaic Limited, Solar Park Summary 33
Table 24: Moser Baer Photo Voltaic Limited, Solar Park Details, Michelin 34
Table 25: Moser Baer Photo Voltaic Limited, Key Employees 37
Table 26: Moser Baer Photo Voltaic Limited, Deals Summary, 2004 to YTD 2009 39
Table 27: Moser Baer Photo Voltaic Limited, Deals Summary by Region, 2004 to YTD 2009 40
Table 28: Moser Baer Photo Voltaic Limited, Deals Summary, 2004 to YTD 2009 41
Table 29: Moser Baer Plans For An IPO 42
Table 30: Moser Baer Photo Voltaic Takes Over Minority Stake In Solarvalue Proizvodnja From Solarvalue 43
Table 31: Moser Baer Photo Voltaic Takes Over Minority Stake In Stion 44
Table 32: Moser Baer Photo Voltaic Takes Over Solaria 45
Table 33: Private Equity Firms Acquire Stake In Moser Baer Photo Voltaic 46
Table 34: Moser Baer Photovoltaic Completes US$ 100Million Private Equity Financing 47
Table 35: Solaria Raises US$ 50 Mln In Series C Financing Round 48
Table 36: Stion Corporation Secures US$ 15 Mln In Series B Financing 49
Table 37: Solaria Raises US$ 22 Mln In Series B Financing Round 50
Table 38: Moser Baer Photo Voltaic Limited, Solar Contracts Summary 51
Table 39: Moser Baer Photo Voltaic Limited, Solar Contract Details, Moser Baer Signs A Contract With COLEXON 52
Table 40: Moser Baer Photo Voltaic Limited, Solar Contract Details, Moser Baer Photo Volatic Ltd. To Develop A Solar Park In India 53
1.2 List of Figures
Figure 1: Moser Baer Photo Voltaic Limited, Deals Volume Summary, 2004 to YTD 2009 39
Figure 2: Moser Baer Photo Voltaic Limited, Deals Summary by Region, 2004 to YTD 2009 40