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Ghana | May-16 | Green Village Electricity Project

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Presenter : Ifeanyi Orajaka

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Ghana | May-16 | Green Village Electricity Project

  1. 1. info@gve-group.com www.gve-group.com Smart Villages Presentation, Accra – Ghana. May 2016. An Initiative of GVE Projects Limited RC1071222 Green Village Electricity Project™: An Affordable Off-Grid PV Solar Electricity Solution for Rural off-Grid Communities in Nigeria
  2. 2. 2 The Business Summary • Community Engagement Process
  3. 3. 3 Executed Pilot Projects Pilot (III) Capacity: 9kWp Cost: USD 60,000.00 Location: Egbeke – Etche, Rivers State, Nigeria Year of Completion: March, 2015 Impact(s):720people, 36 jobs, 136MT of CO2, 45% ($12) reduction in HH energy expenditure Pilot (IV) Capacity: 34kWp Cost: USD 220,000.00 Location: Bisanti – Katcha, Niger State, Nigeria Year of Completion: September, 2015 Impact(s):1,600people, 90 jobs, 517MT of CO2, 45% ($12) reduction in HH energy expenditure Pilot (I) Capacity: 6kWp Cost: USD 75,000.00 Location: Egbeke – Etche, Rivers State, Nigeria Year of Completion: September 2013 Impact(s): 480people, 20 jobs, 91.3MT of CO2, 45% ($12) reduction in HH energy expenditure Pilot (II) Capacity: 9kWp Cost: USD60,000.00 Location: Egbeke – Etche, Rivers State, Nigeria Year of Completion: March, 2015 Impact(s):720people, 36 jobs, 136MT of CO2, 45% ($12) reduction in HH energy expenditure
  4. 4. 4 Executed Pilot Projects Cont’d Pilot (V) Capacity: 34kWp Cost: USD 220,000.00 Location: Kolwa– Kaltungo LGA, Gombe State, Nigeria. Year of Completion: February , 2016 Impact(s):1,600people, 90 jobs, 517MT of CO2, 45% ($12) reduction in HH energy expenditure Pilot (VI) Capacity: 200 SHS Units of 250Wp Each Cost: USD180,000.00 Location: Onono– Anambra West LGA, Anambra State, Nigeria Year of Completion: March, 2016 Impact(s):1,600people, 90 jobs, 517MT of CO2, 45% ($12) reduction in HH energy expenditure
  5. 5. Pre-Implementation Scenario Night view of the community’s major pathway before the project
  6. 6. 6 Pilot Projects in Photos
  7. 7. • 1010 Households (12,240 people) • 145 Street lighting points along the main street of the four beneficiary Communities. • Enhanced security at night • Extended business operating hours • Children gather around the street lighting points to study/ play at night. • 420 Jobs Created during and after implementation • $54,000 Created in Wealth in the four pilot communities during implementation. • Knowledge transfer to locals • 40% reduction in Energy related expenditure • Cumulative annual reduction of CO2 emission by 880.32 MTs Pilot Project Impacts
  8. 8. Night view of the community’s major pathway now. Pilot Project Impacts Cont’d
  9. 9. • US$1.4million raised and committed to six pilot projects till date • Rated by USAID and GIZ as the ideal model for advancing energy access in Nigeria • Listed among Sankalp Forum’s top-60 promising Sub Saharan Africa SMEs 2015 • Model is Scalable to Meet Specific Community Needs • Model has Directly Measurable Environ-Socio-Economic Impact 10 Awards: •Finalist; Premier Project of the Year 2016, 9th Africa Energy Awards, J’burg South Africa March. 2016 •Finalist; West African Forum for Clean Energy Financing Business Plan Competition, Sept. 2015 •Finalist; City Mart/ City of Lagos Off-Grid Power Solution Challenge, June 2014. •Winner; GE Africa/ USADF, Power Africa Off-Grid Energy Access Challenge, Nov. 2013. •Winner; UNDP/ Bank of Industry –Nigeria, Access to Renewable Project Nigeria, Dec. 2012. •Winner; IEEE Presidents’ Change the World Project Challenge 2009. •The Project has been awarded 5 years pioneer status incentive Project Heritage
  10. 10. Base Infrastructure Revenue Streams Service Offering per Site GVE Mini-grid (240 Clients) One-time Connection Fee: $20.00 Modular Site of 34kWp Each P.A.Y.G Utility Fee: 0.45/kWh (off-peak) $0.75/kWh (peak) AIPU: $698.52 Ave. Monthly ARPU: $11.25 Revenue Model Legend: AIPU: Average Investment Per User ARPU: Average Revenue Per User 11
  11. 11. Lessons Learnt • Demand for our services still very huge and increasing • Locals demand more energy for productive use and refrigeration (Tier 2 Energy Service level 200 – 800 Wh/d). • More Co-ordinated Procurement and Equipment Logistics process • Need to have handy replacement for critical equipment • More customers are inclined to the mini-grid than Battery Kits • Need for a more robust field support mechanism • Need for adequate funding for implementation and working capital
  12. 12. 13 Risk Assessment Risks Mitigating Factors 1. Grid Encroachment  Selling generated electricity to the regional grid.  Transforming the system into a hybrid grid-tied system  Off-Grid RE solutions as GVE’s are being promoted for rural electrification by the FGN & States with investment protection policies. 2. Regulatory Risks • Implementation of the nation’s RE master plan. • Policies on RE & Energy Efficiency recently signed into law • No license and tariff Regulation for small/ Medium scale systems • Recent Government’s collaboration with major stakeholders in RE. 3. Lack of patronage • GVE’s Pricing is the best and most attractive compared to other energy sources including PHCN energy supply • GVE’s Proposed constant power supply will be a huge incentive for continued patronage. 4. Technical Risk  Robust Training Program for support Personnel & Operators Other Major Business Incentives: • Proven Market Model with duly filed Intellectual Property Protection • Willingness of government to protect Off-Grid RE investments with up to 10 years business guarantee cover, and absorption of the energy produced at the current price into the national grid in cases of encroachment
  13. 13. Thank you!!! info@gve-group.com www.gve-group.com Twitter: @GreenVillageEle Please do not hesitate to contact us for further inquiries and/or requests. 14

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