hybrid solar redefined - Cleantech Groupevents.cleantech.com/wp-content/uploads/2017/05/... · 26%...
18
Transcript of hybrid solar redefined - Cleantech Groupevents.cleantech.com/wp-content/uploads/2017/05/... · 26%...
hybrid solar redefined
Cleantech Forum Europe
Helsinki 17 May 2017 nsimmonsnakedenergycouk
26
28
46 26
28
46 EU ENERGY
USAGE
72
HEATING amp
COOLING ELECTRICITY
PHOTOVOLTAI
C
SOLAR
THERMAL 435GW 227GW
1450G
W
780GW
ldquoRenewable energyrsquos next frontier heatrdquo (IEA December 2016)
REN21 - 2030 REN21 - 2030
2015 2015
TRANSPORT
Image problem
PV $161bn (2015)
SOLAR
THERMAL $24bn (2014)
Image problem
Virtureg - a perfect marriage of heat + power
Technological
innovation
Redefined marketing
expensive complicated
requires direct normal
irradiance
very high temperature
(gt150)
not suitable for built
environment
C-PVT
poor thermal performance
requires A frame on flat roof
low grade heat (lt40)
expensive PV panel
FP-PVT
PVT - lessons learned
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
26
28
46 26
28
46 EU ENERGY
USAGE
72
HEATING amp
COOLING ELECTRICITY
PHOTOVOLTAI
C
SOLAR
THERMAL 435GW 227GW
1450G
W
780GW
ldquoRenewable energyrsquos next frontier heatrdquo (IEA December 2016)
REN21 - 2030 REN21 - 2030
2015 2015
TRANSPORT
Image problem
PV $161bn (2015)
SOLAR
THERMAL $24bn (2014)
Image problem
Virtureg - a perfect marriage of heat + power
Technological
innovation
Redefined marketing
expensive complicated
requires direct normal
irradiance
very high temperature
(gt150)
not suitable for built
environment
C-PVT
poor thermal performance
requires A frame on flat roof
low grade heat (lt40)
expensive PV panel
FP-PVT
PVT - lessons learned
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Image problem
PV $161bn (2015)
SOLAR
THERMAL $24bn (2014)
Image problem
Virtureg - a perfect marriage of heat + power
Technological
innovation
Redefined marketing
expensive complicated
requires direct normal
irradiance
very high temperature
(gt150)
not suitable for built
environment
C-PVT
poor thermal performance
requires A frame on flat roof
low grade heat (lt40)
expensive PV panel
FP-PVT
PVT - lessons learned
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
PV $161bn (2015)
SOLAR
THERMAL $24bn (2014)
Image problem
Virtureg - a perfect marriage of heat + power
Technological
innovation
Redefined marketing
expensive complicated
requires direct normal
irradiance
very high temperature
(gt150)
not suitable for built
environment
C-PVT
poor thermal performance
requires A frame on flat roof
low grade heat (lt40)
expensive PV panel
FP-PVT
PVT - lessons learned
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Virtureg - a perfect marriage of heat + power
Technological
innovation
Redefined marketing
expensive complicated
requires direct normal
irradiance
very high temperature
(gt150)
not suitable for built
environment
C-PVT
poor thermal performance
requires A frame on flat roof
low grade heat (lt40)
expensive PV panel
FP-PVT
PVT - lessons learned
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
expensive complicated
requires direct normal
irradiance
very high temperature
(gt150)
not suitable for built
environment
C-PVT
poor thermal performance
requires A frame on flat roof
low grade heat (lt40)
expensive PV panel
FP-PVT
PVT - lessons learned
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
PVT - lessons learned
vacuum - up to 80
PV+T - 50 more area
no racking
penetrations use more
of the roof
reduced shading wind
resistance visual
impact
modular - quick cheap
easier to install
bigger impact on
building efficiency
codes and standards
(gtCO2 saved)
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Solar thermal - business as usual - not good enough
residential domestic focus
highly fragmented value chain
lacking economies of scale
little innovation in financing
poor communication of benefits
disproportionately high cost of installation
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Redefining the value chain
CUSTOMERS
Naked Energy
demand generation
product development
Distribution partners
geographic vertical markets
design install amp maintain
facilitate legal finance and insurance
Influencers include
architects consultants HVAC
suppliers
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Virtureg - market leading thermal efficiency PLUS power
Payback 4-8 years IRR 15-25
COLD
WATER
POWER
HOT
WATER
HEAT PUMP
DESALINATION
PURIFICATION
HEATING
COOLING
REFRIGERATION
FRESH WATER
SUN
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Detail A
A
SunSide
Install Virtu Modules in rows from front to back
600
Betwee
n Rows
Locate Virtu Module into positionlocally peel back insulation and tighten the two solar DN25 fittings (ensuring seal is in place)After checking all joints are leak tightpush insulation back into position and use supplied self adhesive 50mm wide insulation tape to seal around seam
Virtureg - value proposition - higher yield lower cost less space
Application characteristics
(high heat demand 40-
80)
hot water
space heating
process heat
district heating
solar cooling
hotels
universities
food beverage textiles
commercial real estate
60We+240Wth tube
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Naked Energy in numbers
2011hellip started trading
9helliphelliphellip patents granted (22 pending)
pound38mhellip funding (pound22m equity pound16m grants)
8helliphelliphellip employees (6 engineers + CEO amp CFO + 1 NED)
gt80helliphellip countries requesting sales information
pound28khellip marketing expenditure to date
4helliphelliphellip pilot installations (Malta UK Netherlands amp Cyprus)
$18bnhellip Jabil revenues (contract manufacturing partner)
pound3mhelliphellip A ROUND FUNDING FOR 2017 COMMERCIAL LAUNCH
[working capital recruitment marketing support early sales]
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Why invest
PV
SOLAR THERMAL
500
1000
1500
2005 2010 2015 2030
INS
TA
LLE
D C
AP
AC
ITY
G
W
26 46
huge market potential enabling technology
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Nicholas Simmons | nsimmonsnakedenergycouk | +44 7764 612905
Robert Hokin | roberthokingreenbackerscom | +44 7957 201203
Thank you
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
First pilot project ndash Dolmen hotel Malta (2015)
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Malta Pilot - Virtu Jabil MK1 Prototype (2016)
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Historical note - a tale of two technology companies
On 29 June 2007 a new technology was
launched
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
Historical note - a tale of two technology companies
why buy one device that does two things
when you can buy two that do one thing
can a newcomer challenge the status quo
ldquocustomers donrsquot know what they wanthelliprdquo
