NREL 27 th Industry Growth Forum. Oct 28/29, 2014 Denver, CO. Go Electric. Energy Security. Energy Resiliency

Transcription

1 NREL 27 th Industry Growth Forum Go Electric Oct 28/29, 2014 Denver, CO Energy Security Energy Resiliency 1

2 MISSION Clean, secure energy for everyone. NREL INDUSTRY GROWTH FORUM GOALS Develop investor awareness & interest in our Series A Round Investment. CUSTOMER VALUE PROPOSITION Delivering energy security, energy efficiency and energy savings for customers AND their utilities. Go Electric 2

3 The Market Problem: Power Outages are Expensive & Threats are Real March 13, 2014 Small-scale power grid attack could cause nationwide blackout, FERC study says. Feb 18, 2014 Assault on California Power Station Raises Alarm on Potential for Terrorism Jan 2014 In fiscal year 2012, there were 87 power outages of eight hours or longer at domestic military bases, with an estimated financial impact of $7 million. Go Electric 3

4 More Problems: The Grid is Getting LESS Stable with Renewable Energy Dec 23, 2013 Solar Power Growing Pains: How will Hawaii and Germany cope with the boom in Alternative Energy? Jan 13, 2013 Germany s Green Energy Destabilizing Electric Grids Nov 18, 2013 Renewable Energy Storage Problem Go Electric 4

5 The Solution: Blinkless Technology Customer & Utility Benefits: Secure uninterruptible power Energy efficiency from optimizing power resources. Autonomous operation / battery agnostic Lower / no loads on the grid from autoislanding, peak shaving & power conditioning Energy Resiliency that delivers dramatic cost savings Go Electric ISIM Go Electric# 5

6 What is Blinkless TM Technology? Patented Inverter/Battery Storage System with Integrated Controller Scalable from 30kW to multi-mw In Multiple Applications Military Microgrid Commercial UPS Mobile Power Residential Energy Resiliency Go Electric

7 Blinkless has Game Changing Competitive Advantages With Blinkless TM UPS & back up power/ Generators PAY FOR THEMSELVES With Blinkless TM Customer s UPS are Utility Grid Storage Systems Forget about smart meters shed the whole house BETTER DR SOLUTION t Go Electric 7

8 Competitors are Microgrid & UPS Providers. Go Electric Microgrid System UPS Blinkless Cyber 4 Quadrant Secure Control Blinkless is already Cost Competitive & has superior capability S&C Electric Co. Equipment Cost $/Watt GE Eaton $1.38 $1.42 To $2.07 Siemens ABB Lockheed UPS Competitors TM Blinkless Barriers: 1 issued patent, 2 disclosures,1 issued Trademark Go Electric 8

9 Target Microgrid/UPS Markets Military $2+billion global 18.9% CAGR Key Customers: DoD, DoE Source: SBI Energy Global Microgrid Market, Feb 2011, 2020 market size forecast figures Commercial $5+ billion global 20.9% CAGR Key Customers: Gas Stations, Convenience Stores, Groceries, Urgent Care Community/Residential $8+ billion global 12.6% CAGR Key Customers: Residential/homes Go Electric 9

10 Go To Market Strategy Military Launch & grow from SPIDERS Blinkless becomes Sole Source Bid and win contracts Commercial Alliance with generator & PV OEMs Add 30KW product Finalist in RISE:NYC Engagement a major chain: Kangaroo Community/Residential Develop low cost 15kW unit Alliance with generator & PV OEMs Utility strategy being developed with HI Energy Excelerator Go Electric 10

11 The Company and Team Company: Launched in Indiana 2011; Delaware C Corp. Lisa Laughner Founder, President & CEO 25+ yrs experience New product development & ventures Tony Soverns Engineering Director 24 yrs experience Power controls, batteries & generators. Blinkless inventor Alex Creviston Chief Engineer 18 yrs experience 20+ patents inverters & electric motors 8 Part Time Contractors / Outsourced Marketing, Accounting, Design, Testing, Procurement, Legal Partners & Collaborators Board Andy Card Former Chief of Staff Bush Administration Paul Halata Retired President & CEO Mercedes Benz USA Utility Board Member Go Electric 11

12 Business Model Develop, manufacture and install UPS equipment and turn-key micro grid solutions Revenue mix: 60% product; 40% services Direct sales to DoD. Wholesale with annuity model for commercial & residential Alliance with generator and solar OEMs. Go Electric 12

13 Financials Commercial & residential products drive sales in and 2015 Revenues on track. Bottoms up forecast; supply chain capable Adding strategic alliances accelerates growth. Go Electric 13

14 Achievements - 12 months Sept 2013 $3,000,000 Summer 2014 Fall 2014 Nov 2014 [$1,497,455] SPIDERS Phase III Microgrid MEHPS 70% Fuel Savings PG&E Hot Transformer Swap 4 Commercial Systems April 2014 $50,000 Female CEO Award Sept 2014 $75, Cohort Go Electric 14

15 Next Steps $3 million Series A Raise Achieve these milestones in 18 months 3 products UL certified. Cost per watt decreased from $2.09 to $ military microgrids in operation Commercial units in 2 national chains in 25+ stores 5 Residential units demonstrating. 4x Revenue Growth Go Electric 15