At TriNANO Technologies, we have developed cutting edge technology, specializing in Nano coatings for Solar Panels.
Our innovative coatings are designed to improve light trapping, anti-reflection and self-cleaning properties of Solar Panels.
Our uniqueness : Our Nano Coating optimizes the performance of every solar panel, regardless of its make, type, or location. We increase energy output, extend panel life, and minimize cleaning requirements, ensuring sustainable and efficient solar power generation from day one.
This means that regardless of panel maker, type and place of installation, if we have two sets of strings of Solar Panels, one is Trinano coated and other is not coated, (as compared to the non-coated panels), the coated panels would give higher energy/power output, have lower cell/panel temperature and reduced maintenance & cleaning frequency and costs.
Our Nano coatings make climate and social impact by reducing water consumption for cleaning of solar panels by 55%, decreasing the carbon emissions by 5.2%, increase the land availability by 7.6%, as our coating increases performance ratio and productivity of both new and existing solar panels.
A brief write up on TriNANO has been put on MNRE (Ministry of New and Renewable Energy, Government of India's) webpage
https://mnre.gov.in/tri-nano-technology-solar-panel/
We have the Patent in India and registered for the same in PCT countries.
We are incubated by SINE IIT Bombay and registered under "Start-up India" Program and “MSME” program of Govt. of India
Commercial Pilots are ongoing with Borosil, Saint Gobain, Waaree Energy, Chemitech, Ayana,Adani Green and others for repeat orders, LOI like Toyota, Tata Power, Blupine Energy etc.
We are excited to the expand further across world markets, and look forward to working together for clean, green energy and better world.
Jan 2024 - TriNano Slide Deck for Climate Impact ESG with awards, MNRE details .pdf
1. Cutting Edge Patented Technology Specializing in
Nano Coatings for Solar Panels
Our Nano Coating optimizes the performance of every solar panel,
regardless of its make, type, or location. We increase energy output,
extend panel life, and minimize cleaning requirements, ensuring sustainable
and efficient solar power generation from day one.
®
2. Problem/Purpose
• Created a Nano Coating
with 3 primary
properties
(a)Light Trapping
(b)Self Cleaning
(c)Anti Reflection
• This solid-state nano-
coating is made of
inorganic/ceramic/oxide
materials and is applied
via Electro-deposition
process
Tri Na no's
Innova tions
Solution Imp a ct
Curre nt Issue s
• The theoretical Efficiency
of Solar Panels is 21 - 22%.
Under normal conditions,
this reduces to 15 - 18%
• Regular maintenance and
cleaning is required for
dust, oil, bird droppings,
etc.
• Degradation of panels
over time
• Increases Energy
generation by ~4%
• Reduces
cleaning/maintenance
cost by 55%, with focus
on reducing water usage
• Reduces the cell
temperature by 2-3℃,
increasing the lifespan of
panels
• Improving, overall
performance ratio by
~14-15%
3. A frame that is placed
on the solar panel
The control
system
TriNANO Coating
Nano Film Solution
CONFIDENTIAL
High Speed
Camera tests
showing water/oil
rolling off the surface
of the nanostructure
Microstructure Coating
4. 5
At National Center for Photovoltaic Research and Education, IIT Bombay
Similar findings were recorded by
NISE (National Institute of Solar Energy)
and for Commercial paid pilots at Toyota Roof Top Solar,
Residential Rooftop Solar, Waaree Energy, Chemitech, and Tata Power
Red curve = For the coated module
Black curve = For the not-coated module
Blue curve = Solar irradiance/Temp diff of Non coated and coated module
Green curve = Ambient temperature
(Outdoor measurements done on the roof of Nano Electronic Building, at the
NCPRE - National Centre for Photovoltaic Research and Education, IIT Bombay)
Solar Panel Testing
5. - Typical 10MW Kisnayat Budhan Solar plant in Bikaner, Rajasthan
- PPA Rate → 0.06 $/unit (Nano Coating price < 0.012 $/Wp)
- By applying the TriNano Coating
- Additional Energy Generation → 1,080 MW Hours/year
- Additional Revenue → 64,800 $/year
- Cleaning frequency reduced from twice a week to once a
month
- In Context → Equivalent to Powering 4,200 Homes for a Year!
Payback on Coating
CONFIDENTIAL
Payback For Customers for TriNano Coating –
In about 2 years.
6.
7. Unique Value Proposition
Immediate
Increase in
Power
Generation
Lower Solar
Cell
Temperature
& reduction in
PID
Self-
Cleaning
Property
Solar Sharc (UK)
NO Pre-requisites
for coating like
Special set-up, inert
atmosphere or
heating/baking
Nano
Thickness
Lifespan: 5+
Years (Solid
State)
Applicable for
Existing Solar Plants
as well as for new
Panels being
manufactured
ARCI (India)
Chemitek
(Portugal)
Simix (Singapore)
Hygroscopic gels
& other local
available
solutions
Pellucere Tech,
USA
Disclaimer : The above details are based on the data available, as per the product data sheet and research papers published on Coatings for Solar Panels
Patent Granted in India and Registered in PCT Countries, National Patent Pending in USA
Our current Technology Readiness Level (TRL) - 7
COMPANY
8. ● Business and Operations Director of
TriNANO Coating w/ 7+ Years of
Experience
● CEO of Neon Infotech
● Bachelor’s in Mechanical Engineering
from Purdue University, MBA from
Sasin School of Management
● Design Engineering Experience with
Bechtel Corporation
Mr. Shrisha Sethi
● Research Director in TriNano w/
15+ Years of Experience
● Director of the Center of Excellence in
Nanotechnology at the Asian Institute
of Technology, Thailand
● Assistant Professor of Bio-Nano
Material Science & Engineering at the
Asian Institute of Technology
Dr. Tanujjal Bora
● CEO and Founder of TriNano w/ 20+
Years of Experience,
Serial Entrepreneur
● Degree in Material Engineering from
Visvesvaraya National Institute of
Technology, Nagpur, Ph.D. in Management
● Founder of Neon Infotech - Software and
Technology company with offices in
Thailand, India, Myanmar and the U.S.
Dr. Harsh V. Sethi
● Shareholder and Research Director in
TriNano w/ 25+ Years of Experience
● Fellow of the Royal Society of
Chemistry, London
● (F)Head of the Dept. of Chemistry and
the University of Rajasthan (Jaipur)
Dr. Anshu Dandia
Our Team
50+ Years of Cumulative Experience in
Green Chemistry, Nanotechnology, Thin Films, and Energy
9. Network of Partners
CONFIDENTIAL
Partners for Testing
& Incubation
Partners for Commercial
Pilot Program
Total Inquiries/LOI = ~2000 MW (~ 2.5 Million USD)
Out of above, repeat Order intent = 885,000 USD
Consequently, 70x Increase in Revenue from 2022 to 2023
Incorporated in Jan 2022,
Revenue in 2022-23 = ~ 160 USD, Revenue in 2023-24 (till Dec 2023) = ~ 10,000 USD,
Current capability = 825 KW /year
Link
10. CONFIDENTIAL
Customer Segment & Market Size
Customer Segment
The current potential customers in Renewable
solar Industry are
(1) Solar Panel/PV Manufacturers and
(2) Current Owners of Solar Plants, their EPC
and/or O & M contractors.
(3) Future prospects –
• Glass façade/Glass Windows,
• Automobile Wind shield
• Green Hydrogen
Market Size
United States
(115 GW)
India
(102 GW)
Middle East
(45 GW)
Global solar
energy
market
$223.3 billion
and
increasing
exponentially.
TAM = 10
Billion $
SAM = 3.5
Billion $
SOM = 950
Million $
11. CONFIDENTIAL
Investment Plan
Seed Round Funding Required
Fund s to b e use d for
Budgetary Fund Utilization
Break Up
- Boot strapped for ~525,000 $
- Seed Round Target → 1.25 Million $
- Next Round Target (9 Months Later) →
2 Million $
Testing, Premises,
Lab facility and R&D 20%
Other 9%
Certification, registration 5%
Coating machines
66%
12. 0
50
100
150
200
250
0
200
400
600
800
1000
1200
1400
1600
Year1 Year2 Year3 Year4 Year5 Year6 Year7
No.
of
Coating
Machines
Coating
Services
provided
for
(in
MW)
Years
No. of Machines and MW Done
Production in MW No. of Machines
0
5
10
15
20
25
0
50
100
150
200
250
Year1 Year2 Year3 Year4 Year5 Year6 Year7
In
Million
USD
No.
of
Coating
Machines
Years
No. of Machines and Revenue & Net Profit
Revenue Net Profit No. of Machines
Every additional 100 coating machines have a disproportionate
positive increase in MW of Solar Plants coated, which is also
visible in revenue generated
Projections Continued
IRR After Tax= 32.14%, Before Tax = 47.99%, With Tax Holiday= 39.08%
CONFIDENTIAL
13. Media Coverage
CONFIDENTIAL
https://mnre.gov.in/innovations/
Link
A brief write up on TriNANO has
been put on Ministry of New and
Renewable Energy (MNRE),
Government of India's webpage
1. TriNano wins IEEMA’s Electraverse at BID 2024
IEEMA’s Electraverse crowns 3 innovative start-up winners at BID 2024
2. TriNano comes first at the FICCI-TNIE Awards
Start-ups become Stars at FICCI-TNIE Awards
3. TriNano Technologies Clinches the IET India Future Tech Award 2023
CXOToday - TriNano Wins IET India Future Tech Award
4. TriNano Recognized at WESD2022 Global Startup Showcase
ETN News - WESD 2022 Global Startup Showcase Winners
5. Innovative Nanocoating by Indian Startup Boosts Solar Module Efficiency
PV Magazine - Indian Startup's Nanocoating for Solar Modules
6. TriNano's Nanocoating Solution for Enhanced Solar Module Output
PV Magazine India - New Nanocoating for Solar Modules
7. Energy Trends on “Nano coatings for Solar Panels for Better Power Output”
Nanocoatings for Solar Panels for Better Power Output | Energy Trends | TechnoBiz | Harsh Sethi
8. Endorsed by Government of India - Ministry of New and Renewable Energy (MNRE) as innovation in renewable solar energy field
14. Awards
CONFIDENTIAL
3rd Position in Global Starup Showcase
at World Energy Storage Day Global
Conference & Expo (WESD 2022)
2023 Finalist in Mercom
India Startup Technology
Showcase
Winners of Energy Tech Startup
2023 award by FICCI and Indian
Express in Chennai
Won The Future Tech Award 2023 by the
Institution of Engineering and Technology
TriNano wins IEEMA’s Electraverse at
BID 2024 with $ 12000 USD Prize
15. Thank You
Connect
Trinano Technologies Pvt Ltd.
Unit No. 907, Ellora Fiesta, Sector – 11, Plot No. 8,
Juinagar (W),Navi Mumbai 400705, India
Tel: +91 22 49743650 / +91 22 49737674
Mobile : +91-9136639335
E-mail: info@tri-nano.co; harsh_sethi@tri-nano.co