Paris, May 2014! Tristan Kochoyan!

Supported by:!

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!!  In a single day, the Earth receives from the Sun 30 times the energy mankind would consume in a year!

!  Most of this energy is received by developing countries, where more than 1.2 billion people are lacking electricity access!

Access to electricity per region in 2009 vs. World map of solar radiation !

Developing countries are the most blessed with renewable energy and the most un-electrified at the same time!

Power:On aims to take advantage of this formidable resource to bring electricity to isolated areas and fight poverty!

! !

!!!

Sources : Electricity Access Database (International Energy Agency); Dalberg analysis et DLR !

Annual solar irradiation!

> 2800 kWh/m"/an!

< 800 kWh/m"/an!

Un-electrified populations (millions)!

2030!

2009!

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Technology! Domestic uses! Economic uses! Initial cost! Production

cost!GES

emissions! Easy set up!

Traditional fuels! ! ! -! ++++! ++++! !

Solar Kits/lamps/SHS! ! ! +! +++! -! !

Diesel Generators! ! ! ++! ++! +++! !

Biomass gasification! ! ! +++! +! ++! !

Hydro! ! ! +++! -! -! !

Hybrid systems! ! ! ++++! +! +! !

Current rural electrification solutions are under-optimal and/or unfit to serve the demand from off-grid populations!

Hybrid systems are the best way to achieve our goal to fight poverty while preserving the environment!

Comparison of available rural electrification solutions!

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Power:On aims to electrify the destitute by putting forward an economical, ecological and upgradeable alternative!

Hybrid systems produce energy at a very competitive cost:!!  kWh cost divided by 3 Vs. Solar appliances!!  kWh cost cut down by 30% Vs. Diesel

generators!

Installed powers are sufficient to trigger economic development:!!  From several kW to hundreds of kW – Enough

to power production tools!!Greenhouse gases emissions are drastically reduced:!!  50 CO2 eq. tons are avoided each year for a

fossil fuels dependent 100 households village!

At last, minigrids are upgradeable:!!  They can be easily adapted to the evolutions of

the communities’ needs over time!

DC!

AC!

PV panels!

Batteries (optional)!

Diesel Generator 1!

Diesel Generator 2(optional)!

Inverter!

Controller!

Hybrid system schema!

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A tailor-made offer, based on the specific needs of rural communities!

Advanced!

Electrification!

Premium!

Electrification!

Initial investment! Households! SMEs / machine

operators! Public Utilities!

Vital!

Electrification!

! Solar appliances sale!! Central services hub!! No direct grid connection!

! Solar applicances sale!! Central services hub!! No direct grid connection!

! Grid connection for households!

! Productive services concentrated in a central hub!

! Productive services concentrated in a central hub!

! Grid connection for elligible SMEs!

! Grid connection for SMEs!

! Complete service!

! Complete service!

! Complete service!

Services offered to different groups of customers!

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Our approach is built on lessons learned from past initiatives…!

Frequent problems occuring in minigrids!

Technical issues!

Social model!

Power:On’s approach!

!  Power:On puts forward a multi-dimensional approach where electricity is the engine of economic development!

!  The project is bound to the implication of local technical partners!

!  The retail price calculated by our software takes into account all the system’s costs, from investment to maintenance!

!  Power:On developed a simulation and optimization software in order to control its production costs!

!  The programs are co-created with the communities during several months of up-front work!

!  The implication of the communities and the set up of safeguards and clear rules will prevent bad behaviors!

!  Abuses and frauds by the beneficiaries, threatening the system’s sustainability!

!  Un-controlled production costs!

!  Retail price does not cover maintenance!

!  Maintenance and access to spare parts extremely difficult in isolated areas!

!  Lack of long term vision after the communities have been electrified!

!  Ill-conceived service, ill-suited to the communities’ real needs!

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… and will trigger a virtuous circle of social and economic development!

The village electrification will create a self-sustained growth cycle!

Operational!!!

and financial!support!

Rural communitiy!

!

Social and economic

development!

" Electricity consumption!

kWh!Sale!

House-holds!

SMEs!

Public utilities!

MFIs!

$NGOs!

!  Two members of the community are hired by Power:On to manage the system on a daily basis!

!  Within rural communities, Power:On’s clients are the SMEs, the households and the public utilities!

!  Partner NGOs and MFIs, assisting Power:On in its mission to fight poverty, gain access to electricity as well!

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Power:On’s technology guarantees positive financial returns for all of our projects!

The cost of electricity is the central parameter in every rural electrification project:!!!  It has to be as low as possible – so as to

guarantee universal access!!!  It has to be fair – so the company can cover the

costs of the system, from initial investment to operations and maintenance!

!In order to fulfill this double objective, Power:On has developed a simulation and optimization software for hybrid systems.!

Our software allows us to set an optimal retail price for both Power:On and the rural communities!

Example of analysis!Behavior of the system on a given day!

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- 1

-

1

2

3

4

5

6

1 3 5 7 9 11 13 15 17 19 21 23 Pr

oduc

tion

(kW

h)

Heure

Production Batterie (kWh)

Production générateur Diesel 2 (kWh)

Production générateur Diesel 1 (kWh)

Production panneaux photovoltaiques (kWh)

Batteries production!

Diesel generator 1 production!

Diesel generator 2 production!

PV panels production !!!hours!

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We ambition to launch a pilot project in Benin in 2014!

Familiarity with the area! !Clear and identified need! !

High solar potential! !High diesel price! !Political stability! !

Minigrid friendly framework! !

The targeted region meets several important criteria for the implementation of the pilot project:!

Our first project will be designed to serve a hundred households community for 25 years.!!!This pilot requires a "150,000 budget and will generate a positive return from the start.!!This project will require several months of up-front work on the field. To this extent, we are currently identifying:!!!  Operational partners (development NGOs and

microfinance institutions)!!  Technical partners to install and maintain the

generation system!!  Financial partners (including foundations

dedicated to universal energy access)!!  Official contacts in Benin (Government

authorities, rural electrification agency)!!

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!!!

!!

Contact!

Power:On online!

pwr-on.fr!

@Pwr_On!

Power:On!

Tristan KOCHOYAN!

I am passionate about social entrepreneurship and am convinced that it holds viable solutions to bring electricity access to the 1.2 billion people who currently lack it. !!I started Power:On right after my graduation from business school, taking advantage of my academic focus on social entrepreneurship and of previous work experience in the energy and humanitarian fields.!

HEC Paris, 2012!- Social Business Chair, co-presided by Professor Muhammad Yunus and Martin Hirsch, with support from Danone, Schneider Electric, Renault and the French Government!- Master’s thesis: Scaling up social enterprises!

E-CUBE Strategy Consultants, 2011!

- Technico-economic study on hybrid PV-Diesel systems in SunBelt countries for Tenesol (Total solar division)!

Action Pour le Bénin, 2009-10!

- President of the NGO, which has operations in North-West Benin in the fields of education and microfinance!

tristan.kochoyan@pwr-on.fr!

+33 6 08 92 21 14!Founder and CEO!