gold coast solar investor presentation

13
October 2011 PRESENTATION – MICHAEL MROZEK CEO/FOUNDER

Upload: mike-mrozek

Post on 23-Mar-2016

218 views

Category:

Documents


4 download

DESCRIPTION

Gold Coast Solar Investor Presentation

TRANSCRIPT

Page 1: Gold Coast Solar Investor Presentation

October 2011PRESENTATION – MICHAEL MROZEK CEO/FOUNDER

john
Page 2: Gold Coast Solar Investor Presentation

Conventional solar PV panels are ugly Solar Panels change the visual iconic

architecture, altering historical preservation, culture, and tradition

Which causes resistance to adoption where most needed – near grid

THE PROBLEM WE ADDRESS.

October 2011 2

Millions of Red Spanish Tile Roofs Conventional Solar panels Colored Stylish Solar PanelsTM

Page 3: Gold Coast Solar Investor Presentation

OUR SOLUTION: Stylish Solar Panels™

3October 2011

Beautiful colored solar panels and products

Compliment and accent architecture Address the needs of discriminating building

owners, architects and developers Pioneer the building envelop as power generator

– the next frontier of solar PV

Page 4: Gold Coast Solar Investor Presentation

Taha Qirbi, P Engr., Strategic technical advisor Fulbright scholar electrical engineering Consultative sales engineer

Waleed Qirbi, MBA Strategic business advisor Serial Entrepreneur

CEO/Founder Privately financed LLC Designed and engineered

1st commerical flat plate colored Stylish Solar Panels™

Serial EntrepreneurMichael Mrozek

David Lantrip, Ph.D., P.E. Consultative executive coaching Serial Entrepreneur

Ventura Ventures Technical Incubator

City of Ventura and the Ventura Chamber of Commerce

Resources, community networking SBDC mentoring

October 2011 4

EXECUTIVE MANAGEMENT

Page 5: Gold Coast Solar Investor Presentation

HASN’T THIS BEEN DONE ALREADY?

5October 2011

No major competitor - “too small” niche Pioneer in commercializing of colored solar panel technology

Strategic partnerships with industry to build product awareness and market demand

HASN’T THIS BEEN DONE ALREADY?HASN’T THIS BEEN DONE ALREADY?HASN’T THIS BEEN DONE ALREADY?

"In 30 years working here at NREL I have never done testing on a colored solar panel"

Steve RummelNational Center for Photovoltaics

Cell & Module Measurement Team

We have never seen anything like it, and comparably efficient”

UL Module Certification Team

Page 6: Gold Coast Solar Investor Presentation

Proudly an American innovation, and

Stylish panels and Accent products will blend with existing & enhance new architecture

Proven high quality manufacturing supply chain

Proven equally efficient, priced competitive Complimentary to conventional panel orders

with same suppliers

KEY BENEFITS WE OFFER:

6October 2011

Page 7: Gold Coast Solar Investor Presentation

Well-defined premium niche in growing $900Mn California market

Obvious, unaddressed need for stylish solar products

Market validated by distributor interest & orders

Multi-level revenue model, with higher margins Focus on supply chain competitive advantages

non-conventional processes, high quality, custom, continuous product innovation

WHY IS THIS GOOD BUSINESS?

7October 2011

Page 8: Gold Coast Solar Investor Presentation

YEAR 5: GROSS REVENUE BY PRODUCT

8

Colored Panels - $50.7MSolar Awnings - $16.6MCustom - $15.8M

TOTALTOTAL $83.1M$83.1M

October 2011

Page 9: Gold Coast Solar Investor Presentation

PROFIT FORCAST

October 2011 9

Page 10: Gold Coast Solar Investor Presentation

ACCOMPLISHMENTS

10

Seed funding ($175K) – 2009-Present Strategic partners established – Jun 2010 Solar Power International – Oct 2010 1st solar panel orders delivered – Jan 2011 1st solar awning orders delivered – Nov 2011 DOE/NREL NCAP agreement – May 2011 NREL tested, prototypes proven – July 2011 NREL CRADA partnership – Nov 2011

October 2011

Page 11: Gold Coast Solar Investor Presentation

MILESTONES & TIMELINE

11

Deliver 1st high-efficiency panels – Dec 2011 Add 1 new product to offering by Jan 2012 1st major contract (10 homes) – Feb 2012 2nd major contract (20 homes) – May 2012 3rd major contract (50 homes) – Aug 2012 4th major contract (100 homes) – Nov 2012

October 2011

Page 12: Gold Coast Solar Investor Presentation

WHAT WE NEED AND WHY?

12

Incremental funding starting at $400K Remove NRTL certification barrier to entry Hire sales & business development team to reach more architects,

developers, & government procurement officers Match NREL investments in product

co-development Remain cash flow positive in Year 1 6x ROI in <5 years (2M payback)6x ROI in <5 years (2M payback) 6th year potential exit strategy – M & A

October 2011

Page 13: Gold Coast Solar Investor Presentation

THANK YOU