Green Village Electricity Project; A Suitable Model for Reliable Renewable Deployment in Nigeria Ifeanyi B. Orajaka [email protected]www.gve-group.com Nigerian Investment Promotion Commission, Abuja, October 2013. An Initiative of GVE Projects Limited RC1071222
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Green Village Electricity Project; · PDF fileGreen Village Electricity Project; A Suitable Model for Reliable Renewable Deployment in Nigeria . Ifeanyi B. Orajaka . [email protected]
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Green Village Electricity Project; A Suitable Model for Reliable Renewable Deployment in
to 100 houses in off-grid Egbeke community in Rivers State, Nigeria • Field testing the technical/ commercial feasibility of the project model Status: • Implementation Completed, Review currently on-going • Timeline: July 2012 – June 2013 (June – Aug. 2012= Stakeholders Engagement; Sept
2013 – Oct 2012= Market Survey & analysis; Nov 2012: Final Project Design; Dec 2012 Equipment Procurement; Jan – Feb 2013= Equipment Installation/ commissioning; Mar – May 2013 Field Testing/ Evaluation)
• Goal: • To Provide several affordable 25kW micro-grid PV Solar/ Battery
franchise energy rental services to 24 remote/ off-grid communities in Rivers State, Nigeria
• To field test the scalability, replicability/ commercial feasibility of the project model
GVE Project Milestones Cont’d
Phase III: June 2015 – May 2019 Goal: • To Provide several affordable micro-grid PV Solar/ Battery franchise
energy rental services to 500 remote/ off-grid communities in Rivers State, Nigeria
• To build a self sustaining social enterprise, create over 1000 jobs, improve the living standards of over 10million people while creating about $120Million in wealth.
INSTITUTE OF ELECT. ELECTRONICS ENGINEERS-PES_CSI: Long Term Technical/ Professional Support Seed Funding (Grants/ products Support) $261,118 for Pilot Projects
RIVERS STATE SUSTAINABLE DEVELOPMENT AGENCY: • Provision of enabling environment for project to thrive • Facilitating community entry access • Provision of logistics support for project co-ordination
UNDP/BANK Of INDUSTRY, NIGERIA: Provision of 1st grant sum Provision of support for Feasibility Study/ Biz Plan Development Enhancing Access to Project Financing Facility from Dev. Banks Monitoring and Evaluation
DELOITTE, NIGERIA: Provision Business Development Services Business Plan Development Project Commercialization Feasibility Analysis
INDUSTRIAL & GENERAL INSURANCE PLC: Provision of Personnel & Equipment Insurance Services
SIRONA HAITI: Provision of advisory Services for Project Operations.
GVE Project Stakeholders
Financials
Financials Cont’d
Financials Cont’d
Financials Cont’d
Financials Cont’d
Green Village Electricity Project; A Suitable Model for Reliable Renewable Deployment in