5
Votes
New Power Energy Systems
Business Overview:
CleanTech/Energy in Solar Sector
Located in Boston, US East
CEO is Moresh Kokane
Pre-revenue
Offering In Development, < 10 Employees
Pitch:
OVERVIEW: We have developed a patent pending Solar CPV solution that solves the customer requirement of inexpensive solar with a great land use. We can deliver 1 MW in < 3 acres at $2 per Wattp DC thats inclusive of full 2 axes tracking. Our focus is on US, India solar markets. Other markets like Europe, Canada and Australia tapped through technology transfer. US solar market is expected to reach around 4.5 GW to 5.5 GW by 2014. India aims to achieve 1 GW by 2012 and 20 GW by 2022. Our advantages are that we are the only ones able to achieve 1 MW in 3 acres or less with full tracking. Costs are lower by 40 %. Improved cooling of cells, system is modular, scalable and requires lower maintenance. Currently Initial design modeling is done, Prototype is ready, 3 US provisional patents filed, Advisory board of industry leaders is formed. Vendors, suppliers firmed up. Letter of Intent to buy from customers obtained.Community:
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where their offer or sale is not permitted.