say good bye to solar power wastage

SAY GOOD BYE TO SOLAR POWER WASTAGE

CHALLENGE

1-phase PV

inverter

Rooftop PV system

Electricity

meter

Sunny days

Solar power wastage

SOLAR POWER WASTE

10% OF SOLAR POWER WASTED

January

February

March

April

May

June

July

August

September

October

November

December

Solar Energy

Solar Production energy Solar Wastage energy

MARKET VALIDATION

Yes

16%No

34%Can’t say now

50%

Have you ever noticed that your solar panel installation delivers zero power during a sunny day?

Solar Power Wastage

Solar Power Wastage

Did you complain about this problem and whom?

Installer

3%DSO

7%No

47%Skip

40%

Source: https://www.surveymonkey.com/r/WTF88C3

GLOBAL COVERAGE

“Wind and solar curtailment jumps as renewables reach record levels”

8 Nov 2018, Australia

“Dutch networks are increasingly faced with too little capacity on their networks to accommodate the electricity from the solar”

29 Mar 2019, The Netherlands

“Renewable Energy Curtailment in Japan”

9 Apr 2019, Japan

“NREL projects annual solar energy curtailment”

7 Jan 2019, USA

“Spanish system operator REE expects an estimated curtailment of wind and solar by 4% for 2020”

20 Oct 2015, Spain

“Up to 10% of renewable energy production are affected due to curtailment”

20 Jan 2020, UK

GLOBAL COVERAGE

THE PROBLEM

Residential PV installations fail to produce power on a number of sunny days leading to solar power waste

Solar power waste leaves the prosumers helpless to bear the loss of ROI, device & premise safety concern

Panel efficiency degrades 2X faster than normal & panel lifetime reduces by 3 years

SOLUTION

SOLUTION

SOLUTION

Intelligent system off-grid/on-grid

Online portal

Safest Li-ion battery

We take care of environment

Cloud-based platform

VALUE ADDITION

Reduce solar power wastage

Maintain panel lifespan & efficiency

A patented IoT based battery storage solution with powerful AIsoftware suite to prevent solar wastage

Produce More, Earn More

PROTOTYPE

MARKET

MARKET SIZE

100 B€+ /20 Million+

PV installation2 B€+ /400K+

PV curtailment

Residential PV installation (Global*)

Total Available Market (TAM)

Source: IRENAGlobal* US, Europe, Australia, UK, Japan

PV CurtailmentServiceable Available Market (SAM)

Source: NREL, DNV GL

PV installation + FlexThor37 M€ / 10K FlexThor

BUSINESS

BUSINESS MODEL

APC + FCR + self consumption + panel

lifespan saving

Software

Hardware

PV/battery Installer

Prosumers

COMPETITORHighest ROI

Lowest ROI

AffordableExpensive

COMPETITIVE ADVANTAGE

1st in marketSolar power

wastage handling company

Grid balancingParticipate in

frequency support to earn

more

Plug and playEasy installation

& modular in nature

Attractive ROIFaster

payback

IN THE NEWS

Ranked #1 among global 60 startups in prosumers support solutions

Among Top 100 in EU funded PARSEC accelerator open call 1

CALL FORACTIONS

CALL FOR ACTIONS

▪ Financial investment support▪ Angel Investors

▪ Accelerators

▪ Venture Capitals

▪ Future investment support after successful pilot for product launch

INVESTMENTS PARTNERSHIPS

▪ Business partnership with▪ Battery storage system integrators

▪ Solar system installer

▪ IoT solution provider

▪ Energy storage aggregators

▪ Support pilot projects

LET’S WORK TOGETHER TOWARDS A SUSTAINABLE FUTURE

FLEXTHOR

Mohammad Meraj Alam

Co-inventor, Co-promotor

VITO/Energyville, Energy Technology

meraj.alam@vito.be

M +32 466 14 99 79

“Find me outside the auditorium for more discussion”