First Application – Distributed Power for Distributed Water in India
To address the water crisis in India, a water stressed country of over 1.3 billion, where the water is not safe for consumption, we will provide a distributed power generation platform to support the distributed production and sale of clean, safe, affordable water.
Installations with our joint venture partner are projected to begin this year.
Microgrids and Nanogrids
The global trend is in distributed power, particularly for use in micro-grids and, increasingly, nano-grids. These are systems that produce between 5kW and 100kW locally, rather than at remote power stations.
This market is projected to grow to $60 billion by 2023. Because the architecture of our generators and motors significantly changes the economics of distributed power; we expect to capture a significant share of that growth with advantageous partners.
The telecom market is expected to see continued expansion, with mobile data traffic growing by 53 percent annually from 2015 to 2020. These towers typically need 5 to 15 kW of power. Worldwide, forty percent of these towers are off-grid; or, if there is a grid, as in India, it is both incomplete and unreliable; and, therefore, requires backup generators for stable operation. For any of these installations, by far the greatest operating expense is fuel. By reducing fuel consumption, our machines provide fast investment payback with superior reliability.