SMART Photovoltaic Module- main themes and analysis.

1. SMART FLOATING PHOTOVOLTAIC UNIT

2. PROBLEM
THERE ARE
THOUSANDS OF
INHABITED ISLANDS
THROUGHOUT THE
WORLD.
THE VAST MAJORITY IS
NOT CONNECTED TO
THE MAINLAND’S GRID.
THEY USE DIESEL TO
GENERATE ELECTRICITY,
WHICH IS POLLUTANT
AND EXPENSIVE
THERE IS NO SPACE
FOR SOLAR PANELS
(MOST ISLANDS BELOW
1-2 KM2)

3. SOLUTION
• SMART Floating Photovoltaic Modules
Why SMART?
• Submersible
o During storms and rough atmospheric conditions
where production would naturally decrease.
• Modular
o Units are similar and compatible ensure total
flexibility of installed capacity
• Adaptable
o To every ocean, solar conditions and community
• ResistanT
o To even the worst winds, waves and current
Why SMART?
• No land usage
• No emissions
• Panels are up to 15% more
efficient
• Cheaper price
• Increased energy independence
• Stable price over time (unlike fossil
fuels)

4. MARKET
• Key Facts
• Installed capacity is growing exponentially (currently about 1.1 GW)
o 10 000% growth between 2014 and 2018*
o However, all of that was accomplished using dams, lakes and rivers*
o Global potential estimated to be at least 400 GW (under
conservative assumptions)*
o Current installed oceanic capacity is negligible
• Example
• Just from diesel generators in very small islands
o 22.4 GW Installed Capacity
o 65.4 Billion Liters of Diesel burned every year
o Existing $ 73,000,000,000 per year Market
* AS SHOWN BY " WHERE SUN MEETS WATER : FLOATING SOLAR MARKET REPORT ", BY THE WORLD BANK

5. BUSINESS MODEL
We pay for the
manufacturing, installation
and maintenance of the units
Costumer pays only for
the energy used
• No risk for the costumer
• Return of investment in 7 to 10
years1
• Solar panel lifespan: >25 years.
[1] DEPENDING ON THE LATITUDE, AS SHOWN SHOWN IN HTTPS://GLOBALSOLARATLAS.INFO/MAP AND ASSUMING A TOTAL
£/KWP SIMILAR TO A LAND-BASED SOLUTION.

6. COMPETITION
¡ The only company making and installing floating solar systems is Swimsol, an
Austrian SME.
¡ Currently operating in the Maldives and Malaysia.
¡ However, their product is:
¡ Static
¡ NOT submersible
¡ Much more complicated and expensive
¡ Visually impactful – i.e., cannot really “blend in”