Nextronex Energy Systems, LLC

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Nextronex Energy Systems, LLC

• Preliminary Proposal Outline
• A New Grid Tie Solar Inverter
• James Olzak
• Peter Gerhardinger
• Norman Rapino
  

NES - Nextronex Energy Systems, LLCSolar
Inverters
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Objective The Design, Manufacture and
Long-Term Service of Utility Scale Solar
Inverters Our Advantages Designed for High
Reliability, Ease of Installation and
Service (Anticipated 20 year life with service
contract) Manufactured in Ohio Meet Solar
Industry Future Cost Targets Use of All
Domestic Components
NES - Nextronex Energy Systems, LLCSolar
Inverters
3

• Company Structure
• 50 Nextronex
• James Olzak
• - Over 30 years experience in
  power electronics
• - Expertise in Research, Design, Manufacture,
  Sales, Service
• 50 PNV LLC
• Peter Gerhardinger
• Norman Rapino
• - Over 30 Years experience in
  Glass, Solar, IP Development
• - Business Acumen, Marketing,
  Product Development.

NES - Nextronex Energy Systems, LLCSolar
Inverters
4

• Our Team
• US Drives, Niagara NY Best Domestic VFD
  Manufacturer or
• LTI Power Systems, Elyria OH - Best Domestic
  UPS Manufacturer
• EPI Global, Millbury OH Communications,
  Telemetry
• Richard Ashton, EE Retired, 40 years
  experience in power control
• Robert Harold, PE Retired SSOE, Power
  Systems
• Advanced Distributed Generation Field
  Experience, User Concerns
• Collaborators
• PVIC / UT College of Engineering / BGSU /
  Owens Training
• Local PV Panel Producers
• 
  

NES - Nextronex Energy Systems, LLCSolar
Inverters
5

• Product Description
• Utility Scale, 3 Phase Grid Tie Inverter
• Target Size 100 kW
• Range of Sizes 10 kW thru 750 kW (Modular)
• Exterior NEMA Rated Enclosure
• All Switchgear / Transformer / Interconnects /
  Fuses
• Meets UL 1741 and IEEE 1547 Standards

NES - Nextronex Energy Systems, LLCSolar
Inverters
6

• Intellectual Property Opportunities
• Voc Clamping facilitates lower cost 300 V rated
  components
• Proprietary Software for Maximum Power Point
  Tracking
• Proprietary Software for Anti-Islanding (Grid
  Safety)
• On-Board Diagnostics for Predictive Maintenance
• Telemetry to flag potential array problems

NES - Nextronex Energy Systems, LLCSolar
Inverters
7

• Development Schedule / Costs
• 6 to 9 Months to develop a 100 kW 3-phase Beta
  Unit
• 600,000 Development Cost Estimate
• 350,000 US Drives,
  Niagara NY or
• LTI Power Systems, Elyria OH
• 50,000 EPI Global,
  Millbury OH
• 50,000 Outside
  Service, Toledo OH
• 50,000 Nextronex,
  Millbury, OH
• 100,000 UL/IEEE Certification (Covers all
  sizes)
• All IP rights will be wholly owned by Nextronex
  Energy Systems

NES - Nextronex Energy Systems, LLCSolar
Inverters
8

• Projected Product Pricing
• (based on 100 kW 3 Phase Unit)
• 52,000.00 ( 0.52 per Wp)
• 2000/year Maintenance Contract for 20
  year guarantee
• - 4 Visits/year to inspect/clean/replace
• - 100
  replace/repair free for 10 years
• - Prorated at 10
  per year for years 11 thru 20
• - Acts of God, Vandalism, Grid Problems
  Excluded
• Note that the current list pricing for inverters
  is 0.72 per Wp,
• with an industry goal (Navigant Consulting,
  2006) of 0.30 per
• Wp by 2020.
• Subject to unit location and number of
  units per site.

NES - Nextronex Energy Systems, LLCSolar
Inverters
9

• Company Projections
• Notes This represents less than a 2 share of
  projected US market
• Margin is calculated on 35 of product
  and 60 of service
• Simplified analysis assumes
  one size (100 kW) only
• various sources incl. SEIA, Navigant, USDOE
  

NES - Nextronex Energy Systems, LLCSolar
Inverters
10

• Cash Needs
• 2008 250,000 - Assume work starts Fall 2008
• 2009 500,000 - Remaining research, testing,
  etc.
• 2010 200,000 - Remaining research, testing,
  etc.
• Total Cash Required 950,000

NES - Nextronex Energy Systems, LLCSolar
Inverters