The world today relies heavily on fossil fuels (e.g., oil, coal and natural gas) as energy sources. Fossil fuels are non-renewable, that is, they are sourced from finite resources that will eventually be consumed until limited supplies remain, ultimately becoming too expensive or environmentally damaging to extract. In contrast, multiple forms of renewable energy resources regularly replenished and will never be exhausted.
Since the world will ultimately deplete its current finite sources of energy or deplete them to the point where economic viability to recover the finite energy sources no longer exists, it remains important to seek renewable energy options and develop and perfect the respective technologies before issues arise yet again in the future
Describe the problem you are solving.
Glass is expensive construction material thus making economically unviable and environment unfriendly since it is increases cost of electricity higher by 40% and reducing the cost of investment in return.
What is the market size/opportunity?
It is projected from the global market trends for glass consumption by real estate developer’s that: There is a growth of $ 44 billion from the initial market of $ 23 billion in 2018. At a rate (CAGR) of 18.2%. The market will to about $ 78 billion by 2021. SunEmison intended to generate revenue $3 to $12 billion in global market by using photoactive glass technology as part of building construction material to cater needs of electricity & thermal insulation.
What is your company/product about and how does it solve the problem?
AI enabled architectural building glass embedded with photoactive/synthetics technology, Glass aim to convert traditional building construction materials into energy generator optimizing different things at the same time, namely electricity production and intelligent behavior analytics i.e. Energy / building management system by UI/UX.Buildings using a substantial amount of architectural glass could produce some of their own electricity through the building envelops. In addition to energy cost savings, potential benefits from the use of AI glass include reducing the carbon footprint of facilities, contributing to sustainability and consequently, enhancing branding and PR efforts.
AI glass is the integration of photosynthetic into the building envelope. The glass serve the dual function of building skin—replacing conventional building envelope materials—and power generator. By avoiding the cost of conventional materials, the incremental cost of glass is reduced and its life-cycle cost is improved.
Why are you seeking funding and how will you spend the funding?
Increases visibility and attracts the attention of the market. It adds value to business and shows to prospective partners and customers. Funding will utilizes to scale the product i.e. procurement of raw materials, Marketing and business development.
Who is on your team?
1. Prahlad Thakur - CEO, B. Tech - Electrical, MBA - Marketing 7 years in Nuclear Power Generation. Headed EPC business vertical as Director in two Chinese sola panel manufactures. Implemented 300 MW grid connected solar projects globally.
2. Manishika Priya - VP - Communications, Comparative Literature at Jadavpur University. Pursuing MBA, Brand Strategist She is instrumental in Public Relations, Media research & monitoring and Customer Analyst.
3. Elena Shkarubo - COO, MBA from Kingston London University. In February 2019 Elena launched from scratch the 1st international business incubator in Belarus Demium Startups.
4. Amitabh Sharma - CTO, M.Tech - Power System, He has been awarded many engineering medal for his contribution for R&D on solar engineering field. Oversee & accelerating AI Glass manufacturing.
Thank your backers and make them feel appreciated!
Thank you for taking the time to read our prospectus, and for considering investing your precious resources in our company. If you invest with us, you will be embarking on a journey with SunEmison, and in this I would like to share with you some of our thoughts and beliefs for the future.