5. SolaBlock Technical Details
Physical Design
• Permanently PV-clad façade masonry—same as tradiKonal block.
• Permanently imbedded monocrystalline silicon solar module.
• Passes ASTM tests for compressive loads and other requirements.
• High impact materials—surviving school-yard mishaps.
• Full and half-block sizes available for complex architecture.
• TheS- and vandalism-resistant design—cannot be stolen intact.
Electrical Performance
• Up to 10 Waispeak per full block, per square foot, depending on OEM cell efficiencies.
• Up to 12 kWh per full block, per square foot annually, depending on locaKon.
• FiSy-year design goal to 80% producKon due to high thermal conducKvity to block mass.
• Internal bypass diodes re-route circuits when shaded, painted, or electrically damaged.
Installa4on Features
• Concrete color and recycled content can be specified by customer.
• Wiring connected solely by electricians—separaKng the trades.
• Viewable at ground-level—airacKve in educaKonal seUngs.
• Walls laid solely by masons similar to convenKonal block.
• Blocks can be individually replaced in the future.
7. Business Canvas
Value
Proposition
Key
Activities
Key
Partners
Customer
Relationships
Channels
Revenue
Streams
Cost
Structure
Customer
Segments
Key
Resources
Provide on-site solar
electricity to urban
building owners.
Provide on-site
electricity for buildings
vandalism, theft or
weather has previously
precluded it.
Enable buildings, walls
and other structures in
urban areas to provide
local electricity to meet
sustainability or energy
independence
objectives.
Enable building owners
to visibly differentiate
their buildings as
sustainable.
Ultimate customers:
• Public building
owners
• Remote building
owners
• LEED building
designers/
developers
• Homeowners.
Our direct
customers are the
regional building
product suppliers
who serve these
market segments
as our partners.
Multi-sided market:
customers are our
partners and the
product end users.
We will reach regional
concrete manufacturers
through trade marketing.
We will drive interest
through contacts with
public agencies, green
groups and architectural
organizations interested in
green building.
We acquire our customers
through identifying and
soliciting region partners.
We keep them through
national support for the
brand, margin-sharing,
and end-use customer
support.
• Supply-chain needs for
high value PV, good
quality block.
• R&D for more products
• Marketing to partners
• Drive demand
• Develop low cost
volume manufacturing.
• Supply-chain providers
• People, hires
• Funding, investment
• Brand building
• IP support
• Partner management
• Testing and certification
services.
Supply-chain:
• PV cell OEMS
• Electric parts
OEMs.
• Glass and
substrate OEMs
Distribution & Sales:
• Regional block
and tile providers
• Public building
contractors
• Architects and
designers
• Retail building
products retailers.
Interested parties:
• Green groups
• Public agencies
• LEED
• EnergyStar, etc.
• Leverage Costs for PV, glass, wiring, and other
materials
• Labor, automation, and transportation
• Shared margins with retailers
• Marketing, both national and regional
• IP--especially international patents
Sales to:
• Our regional building products
partners
• Direct sales to end-use
customers for
ancillary parts
8. IP and Market Advantage
• IP Development:
– US uKlity and design patents awarded, EU patents pending
– IP counsel: Fish & Richardson
– Next step: ANSI and UL cerKficaKon
– Detailed internal manufacturing processes IP
• Go-to-Market:
– DemonstraKon project to be completed in Spring 2016
– First local concrete block partner: Ducharme Corp.
– Seeking regional concrete-block manufacturers and
distributor partners
18. Financial Model
Costs
*AssumpKons: End of year 2017 operaKons (see P&L forecasts for details).
Sales of 90% block10% Kle, plus 10% sales in ancillary products.
Item Cost
Concrete block $1.50
Photovoltaics
(11 Wp)
$6.60
Wiring and
diodes
$2.25
Cover and
encapsulant
$2.85
Labor & overhead $3.30
TOTAL $15.00
Item Cost
Cost per block/Kle-set $15.00
Gross revenue per
block/Kle-set
$19.13
Gross income per
block/Kle-set
$8.50
Interest, depreciaKon,
taxes, etc.
$2.25
Net earnings $6.25
Gross margin 50%
Item Cost
Gross income per
block/Kle-set
$8.50
Annual sales* 476,000
Annual gross
sales
$13.2 M
Gross profit $4.4 M
Projected year-
over-year sales
growth to 2020
100 %
Revenue
Profits
Gross Margin: 50 %
Return on Sales: 18 %
19. Financial Plan
• 2016: $500,000 Seed Funding
– IniKal sales and pilot demonstraKons
– CerKficaKon and compliance tesKng
– Pilot contracts with partner concrete manufacturers
• 2018: $2.25M Series-A Funding
– Manufacturing scale-up and automaKon
– Business development –mulK-regional partners.
– Business development –internaKonal partners.
• 2020: $6.5M Series-B Funding
– EU manufacturing scale-up and automaKon
22. Going Forward
• IP secured—US patents secured and EU patents applied for
• Excellent team formed
• Prototypes built—IP validated
• Commitment from block manufacturer (R. Ducharme, Inc.)
• Commitment from block distributor (Chicopee Mason Supply, Inc.)
• Commitment from Springfield Technology Park, Springfield Mass.
• DemonstraKon structure designed and ready to build
• Seeking tesKng and validaKon grants for further tesKng
• Manufacturing plan with regional concrete block manufacturers
• DistribuKon plan with regional concrete products distributors