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NEED FOR LOW COST ACCESSIBLE SOLUTIONS
•Half the population in Africa earn less than $2 a day.•This project can have an impact
•Food•Water•Health•Education•Electricity•Jobs
BASIC NEEDS
WE ARE A FOR-PROFIT COMPANY WITH A SOCIAL MISSION-WE CAN DO THIS!-(DADAAB REFUGEE CAMP)
Mostly by women and girls that should be in school
ACCESS TO ELECTRICITY
AFRICA•622 million in off-grid rural areas •70 million families•100,000 villages
16% of world population = >will never be connected even if we spend $45 000 000 000/yr for 20 year.
OUR 3-in-1 SOLUTION : Leased Electricity &
Mobility - Low Cost – Low Maintenance – Environmentally friendly
• Solar powered – CO2 & noise free
• Off-the-shelf mature mountain e-bike and PV technology
• 50kph - 50 km daily range• 3000 Wh power (=2 refrigerators)
• Mobile Generator 220V• 300kg capacity – 3pax• GPS GSM GPRS • Functional proof-of-concept prototypes being tested
OPeRATIONAL COVERAGE- Sunny/flat land
80% of AFRICA
Proof of conceptMorocco Solar challenge Morocco solar Festival
Unique Business Model• Low capital and low cost – use Asian manufacturing capability
• Leasing as low as $0,50 per day – • Low access barrier - GPS secured • Sustainable business - privately operated – we lease or we die
• Light outsourced and experienced account management - Microfinance
• Transparent governance - performance data uploaded via GPS GSM GPRS to website
• Private financing within 5 years• Fully scalable - ramping-up in 50/100 vehicle project sizes
Start-up strategy• Initial financing with donor funds through Start-up competitions, incubation accelerators, RE and off-grid financed projects in developing countries. (Presently implementing 309,000 euro project in Kenya, negotiating 3,000,000Dh project in Morocco).
• 2 pilot projects 70 vehicles Kenya Morocco to measure impacts – data uploaded for good governance. Tourism cash cow with 1 yr payback.
• Institutional Donors : USAID (up to $15,000,000), ACUMEN (up to $3,000,000), WORLD BANK…
Impact projections• 3 years to break-even (2500 vehicles )
• 5 years to private financing (13,000 vehicles)
• 10 years : 70,000 vehicles (1% of market share) • 100MW generation capacity• 100,000 tons CO2 avoided• 330 thousand jobs• 1 million people empowered
(conservative estimates)
Attractive to donors Startups – economic development –
environment – renewable energy – education off-grid power – poverty reduction – health
• EEP – Kenya – 70 vehicles – €309,000 • IRESEN - INNOPROJECTS 2015 – 10 vehicles - 3,000,000Dh negociating
• Trans-Morocco solar – M’hamid to Agadir & back – INDH• Won best social project ENCG KENITRA• Passed to second phase in VERIZON BRAVE ANSWERS – MAGHRENOV - GLOBAL ENTREPRENEURSHIP FORUM PRINCE ABDULAZZIZ – ROLEX 2016 – 1776 – Mass Challenge ….
• DARE INC. – UNREASONABLE LABS – incubation• SOME POTENTIAL :
• USAID DIV PROGRAM PHASE 1 – 3 $150K - $3m $15m • ACUMEN : $3m investor…. Many many more
KENYA PROJECT• Environment Energy Partnership – East Africa (EEP)– Finland, Austria, UK -216,000 euro grant for 70 vehicles
• MOU with Kisumu regional government for 10 vehicle project
• Project sites identified, Daadab refugee camp, Masai Mara, Handicapped
• Partnership between OFGEN ltd a PV energy installer and Moroccan start-up STENRICH CYCLES
• July 2015 to march 2017• Presently components procurement phase
IRESEN Project • IRESEN (Solar energy Research Institute) financing - in negotiations
• Academia and Industry partnership• Settat Univ. Renewables lab• CE3M industrial cluster• A2ME mech’l eng’g and mfg• ADETEL electronic eng’g and mfg• CETIEV vehicle testing• IFMIA automotive mfg ed facility
• 3 000 000 Dh budget• Design city solar car• 2016 -2017
ZAGORA – M’HAMIDNext Morocco project
• Tourism Dept support• Initiated via TRANS-MOROCCO solar drive March 2016• Zagora- Ouarzazate – Agadir – Tifnit – M’Hamid Izghane
• 30 days 3 vehicles + Press• Collect requests for leasing• Submit to INDH
• 20 vehicle pilot with help of Kenya Project vehicles
• First operational business unit – 3 jobs
• Cashflow to buy 1 new vehicle every 2 months.
Team• STENRICH CYCLES sarl
• Roger Christen, B.Sc. MBA 40 years experience, 25 in Africa
• Hélène Dupuis, Monitoring and eval’n, Gov’t of Canada
• OFGEN ltd• Geoffrey Ronoh electrical engineer/RE expert
• JIbril Mohamed, marketer/legal experT
• University Hassan Ier • Prof Hamid El Omari
• CE3M Cluster • Nourdine Bouyaakoub
Advisors: •Pierre Telep – GIZ•Yvan Rossignal – World Bank Trade and Competitiveness•Hajarivony Andriamarofara – World Bank Governance•Pierre Breton - Marketing•Minah El Haj – Peace corps•Driss Messaho – IAV
