The main objective of the project is the development of a Feasibility Study of GPBox system. This study is compounded by 7 main sections:
1. A market review which contains the situation of global market, potential customers and competitors
2. A technical assessment: A review of the last scientist papers, patents and commercial information related to the technology and detailing product description.
3. Production organization which is based on a strategic plan, with the aim to obtain main cost elements bottlenecks as well as target price, will include commercialization strategy, providing information with regards of economical quantity needs as well as active investment time requirements and cost associate to the progress of the business model
4. Economic feasibility study which includes previous gathered data, defining project financial needs and ROI.
5. An investment plan: Detailed planning of the ambitioned technological development from current TRL6 to level TRL8.
6. Risk of the approach which contains the associated contingency plan and valuing the impact
7. Commercialization plan: Focused on GPTech brand and GPBOX business lines. Besides, a final layout of Business Plan including an executive summary, the major conclusions of previous studies and projections of global business figures – margins volumes, investment in addition to financial plan and return on investment study–.
The determinations of GPBox were to design, manufacture, test and validate distributed energy resources (DER) based on intelligent, modular, autonomous Energy Storage Systems (ESS) and an innovative energy platform concept, with the aim to create business opportunities based on the electric market need.
The concept is still the same although an adaptation has been applied according to the market trends in DER, the technology development for the different components and the cost evolution of ESS and BOS. A more accurate technology plan has been specified with emphasis on GPTech current business model. At the beginning of the implementation plan, GPTech will evolve its current business as system integrator of renewable systems and ESS to include the several features offered by GPBox. The first milestone is to enhance the several services offered by ESS to renewable power plants which will transform them into flexible and foreseeable power generators.
GPTech has a marketing plan relying on the GPBox products, a new energy platform with active management through GPBox technology, focused on prosumers and utilities ancillary services.
In line with this market segmentation, the business plan will follow two trends in the short and medium term. On the short term (next five years), the market niche targeted will be the Front of The Meter (FTM) with the focus on the implementation of renewables either with or without storage systems for the integration at the electricity market as well as storage systems for ancillary services at the utility scale.
With regards to the marketing plan of the GPBox, it will be focused on enhancing GPTech brand in the market of renewable energy integration. A series of technology events, seminaries and renewable energy fairs assistance together with different publications and research articles will be developed. GPTech has identified the following fairs where GPBox results could be disseminated: InterSolution, Energy Expo, Solar Solution Int, Intersolar, CIPV Expo, RenewX, CISOLAR, European Utility week, CIREC and Solar Summit
