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SunCycle - Patented Solar Concentrator Technology - Dutch Start Up

Wouter Keij Fri, 2010-08-06 05:36

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Wouter Keij · Fri, 08/06/2010 - 04:36

Business

Business Overview: 

revenues from technology license agreements
revenues from own production and sales with distribution agreements

Project Type: 
Industry: 
Project Location: 
Eindhoven, NB, 5656AG
Netherlands
See map: Google Maps
Project Website: 
http://www.suncycle.nl
Who is the Customer?: 

companies with desire to benefit from breakthrough patented technology which has the potential to reach grid parity ahead of PV

What is the Customer Pain that you are solving?: 

solar power is still expensive
SunCycle will bring price per kWh below that of PV and CPV

What is the Target Market?: 

worldwide countries with direct sunlight

How big is the Target Market in terms of Annual Sales?: 
$5B-$50B
Sales/Marketing Strategy: 

get own production going to prove viability
reference projects ww
technology license agreements
distribution agreements

Provide use cases : 

rooftop and small industrial
electricity and hotwater

Competition: 

conventional silicon PV
CPV

One-line Pitch: 

SunCycle will reach grid parity ahead of PV
www.youtube.com/watch?v=xCDIwjxjtmY (in Dutch)

Business Model: 

revenues from both technology license agreements and own sales

Product/Services Overview (what does it do): 

units produce electricity and hot water

Technology

What makes the technology/business unique and have a defendable competitive advantage?: 

semiconductor material is replaced by plastic
can be produced local and thus avoids imports
accurate and cheap tracking
HiTech based on well known technologies from automotive and consumer

Describe in detail the technology used in the Project - Address the innovation in significant detail : 

core is cheap and accurate tracking with small moving parts in stationary structure

What are the principles of the technology? : 

rotating prism and rotating parabolic mirror bring sunlight on multi junction III-V cell

What, if anything, has been proven (and how far is this from a commercial scale)? : 

concept has been proven on real scale under real sun and with support of Universities and Research institutions

What challenges/risk does the technology face for commercialization?: 

concentration factor can be industry record high which brings challenges and opportunities at the same time

Patent Numbers (Filed/Approved): 

WO2007/117136 A1

Team

Financials

Amount Sought: 
$5,000,000
If raising funds, what shall the funds be used for?: 

to bring product to market in 2011
investments in product tools and ramp up
business development and engineering

Funding Stage: 
Early/Seed

Comments

John D. Warren

 

CAPSTONE INVESTMENT ADVISORS (UK), LLP has been a leader in the venture capital arena since 2007 it was incorporated. Our focus is on rapidly growing world companies, where new technology can fundamentally change the way people conduct business or enjoy their lifestyles.

 

Our extensive experience in the venture capital field helps ensure that all of our investors partake in unique opportunities, otherwise available only to high net worth and institutional investors. By investing in both private and public companies in sectors like alternative power, water, organic and natural foods, and environmental technologies we are able to tap into the growing demand for environmentally superior products and services. We believe that investing in the environmental economy helps build companies that matter, but success is providing superior returns to our investors.

 

If you requires immediate funding into your project and you know that your project is a lucrative projects, do not hesitate to contact me on my direct email ciaukllp@live.com  

 

 

John D. Warren

 

CAPSTONE INVESTMENT ADVISORS (UK), LLP

Registered Office

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Tue, 11/15/2011 - 11:55