Hybrid Floating Solar Wave Energy System

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Hybrid Floating Solar Wave Energy System R&D partnership the Environmental Tech sector Global Business Development, Sami Alhelali, TYT Director, James Diddams, DWR

Transcript of Hybrid Floating Solar Wave Energy System

Hybrid Floating Solar –Wave Energy System

R&D partnership the Environmental Tech sector

Global Business Development, Sami Alhelali, TYT

Director, James Diddams, DWR

2

Sector

Hybrid RE Systems

Area(s) of speciality

Floating Solar & System Hybridization

Company size / Year Established

SME / 2013

2

Sector

Offshore Renewable Energy

Area(s) of speciality

Mooring System Experts & Technology Developer

Company size / Year Established

SME / 2017

3Bahamas Lakshadweep

Maldives

4

BAHAMAS ISLANDS

LAKSHADWEEP PALAWAN

MALDIVESSEYCHELLES

ST. DOMINGO MUMBAI

SINGAPORE

SHANGHAI

DAR ES SELAM

OVER

370MILLION

PEOPLE

DEPEND ON

FOSSIL

FUEL

5Nassau, Bahamas

AREA OF

1750FOOTBALL

FIELDS

6

THINKING

OUTSIDE

THE

‘LAND’FLOATING

SOLAR

Istanbul, 2017

An Unanswered Increasing Demand

8

WAVESTHE

CHALLENGE

Hybrid Floating Solar and Wave Energy System

to Supply Clean and Sustainable Energy for Islands

Technology Innovation Pioneers Award 2020Granted Patent Support

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The Fastest-Growing Type of PV Installations

Reference: World Bank Group Floating Solar Report, Where Sun Meets Water

Swivel Joint

Mooring Rope Fairlead

Clump Weight Foundation

Catenary Mooring System

Semi-taut Mooring system

Swivel Joint

Mooring System

Commercial Advantage

Generate 175 MWh per Year

At 7 $ Cent/kWh Cost of Energy

5 Years ROI at 22 $ Cent/kWh PPA

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Make Clean Energy

Possible for Over 370 Million

People

Clean Energy at

30% Lower Cost

1.5 $ Billion

Annual Revenue

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A Passion for a Regenerative Future

Barış ArıcıGeneral Manager

Aydın Haydar IşıkProject Manager

Sami AlhelaliBusiness Development

Erman ŞenturkR&D Specalist

Olcayto YiğitBoard Member & Advisor

Vestas Turkey - General Manager

R&D FUNDS$370K

REVENUE$890K

ANGEL INVESTMENT$385K

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DWR Team

James Diddams – Co FounderM.Eng. C.Eng.

FIMarEST

Tim Wood – Co FounderM.Eng. AMRINA

• Previous Managing

Director at LMC

• 15-years’

experience in

offshore sector

• Naval Architecture

background

• Government sector

experience

• Previous Technical

Director at LMC

• 14-years’ experience

in offshore sector

• Structural

Engineering

background

• Renewables

experience

Working together for over 10

years at a leading O&G

Consultants:

• Grew turnover by 500% to in

excess of £43m p/a

• Grew annual profit by over

50%

EC7 R&D FUND2020

$1.3m

REVENUE -Consultancy2019

$260KMission

Provide lean engineering andcommercially viable solutionsfor the offshore wind, wave,tidal, solar and ocean thermalenergy conversion (OTEC)sectors.

Experience

40 years of offshore oil and gasengineering experience withinthe team, we know what ittakes to survive and operate inhostile marine environments.

Extensive network of SouthAsia, Maldives & SouthAmerican marine markets

To Make it Possible

We need 750K $ for the upcoming 18 months, $250K for validation of invention, a $ 200K for

developing the supply chain, and $300K for sales of first commercial applications.

750K $

Hybrid Solar and

Wave Validation

20’ Q1 20’ Q3 21’ Q1 21’ Q3 22’ Q1 22’ Q3

01 / 20

Prototype &

Patent Filing

Small-Scale

Commercial Application

1st Large

Scale Sale

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Istanbul Office

ITU Ayazaga Kampusu Ari 6 Teknokent, Sariyer

Istanbul, Turkey

+90 212 276 06 09

+90 551 370 09 56

[email protected]