indigo energy at acef 2014
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Presentation at the Energy for All Investor ForumTRANSCRIPT
Asia Clean Energy Forum 201417 June 2014
Indigo|EnergyElectrifying Myanmar
You can see the need for electricity! Our lighting solution alleviates this exact problem
Myanmar is Ripe for Off-grid Electricity
45,000 out of 65,000 villages
are not connected to
the grid
25-30% of people
connected to national
grid, leaving some 45 million without reliable access
We have Already Installed Two Projects
KPN 1Installation complete in mid November 201327 houses out of 38 signed up (71%)Total installation time: 420 man-hours
KPN 2Installation complete in mid December 201326 houses out of 32 signed up (81%)Total installation time: 216 man-hours
We Have a Streamlined Project Development Process
• Get support from the village by meeting with headman and villagers.
• Give the flier to villager.
• Sign LOI • Collect list of
houses • Identify possible
solar sites.
• Headman collects half the connection fee to prove seriousness of the village.
• Villagers decide which house will have solar panels.
We can develop a project in two visits
1st Visit
Interim
• Sign contract with villagers.
• Give signed rule document and receipt card to villagers.
• Assign customer number.
• Retrieve “NO” surveys.
• Collect the remaining connection fee and install the project.
• Sign land lease contract
2nd Visit
We Use Proven Technology to Eliminate Technology Risk
100% Collection Rate Validates Villagers’ Interest in Indigo Energy
• 100% collection rate when we provide full service
• All connection fees were collected for each village
• We used a central money collection box to deal with scheduling issues with farmers and our money collector
Installation Day in KPN1
The End of a Successful Installation
We are seeking 120k USD to grow
What we will do with it. • Build 35 more projects to prove collections
model• Open branch office in Bago Division• Hire qualified management staff:
engineering and money collection (microfinance experience)
• Register company locally and in Singapore• Secure operations for the next year while
optimizing engineering, money collection, and maintenance
Thinn Thuzar Htet, Electrical Engineer
Jeff Moore, Advisor
The Indigo Energy TeamAllen Himes,
Managing Director
Operations Manager Position to be filled upon
investment
Engineering ManagerPosition to be filled upon
investment
Various Interns
• Public Relations• Engineering Research x 2• Cell Phone Development