Periodic Reporting for period 1 - PAWA (World's first mobile power grid and business ecosystem to support it)
Berichtszeitraum: 2019-05-01 bis 2019-08-31
The majority of the Sub-Saharan African (SSA) population spend hundreds of dollars & hours each year to gain access to energy. This is mainly due to the lack of energy infrastructure & high cost of electricity. Building grids to serve a growing population would call on trillions and take decades to complete. Yet, no rural African can expect to improve business or life without daily access to an energy source.
For African individuals who lack daily access to a reliable energy source, PAWA is free energy to generate income. Ours is the only solution designed to make income for its customers: to Power their business, charge mobile phones for a fee, keep stores open after dark, to move with opportunities and to sell & distribute PAWA. Customers pay back their investment in weeks and their lives changed forever. Once paid, no-one can ever take their power away and they can lift themselves out of poverty. Pawa is power in their hands.
PAWA solves the $6 trillion SSA power problem, with €100 substituting cost of 35% of household income. It is not a suite of products but the new power grid of Africa. PAWA wants to democratise energy access to the 600 million people market.
For African individuals who lack daily access to a reliable energy source, PAWA is free energy to generate income. Ours is the only solution designed to make income for its customers: to Power their business, charge mobile phones for a fee, keep stores open after dark, to move with opportunities and to sell & distribute PAWA. Customers pay back their investment in weeks and their lives changed forever. Once paid, no-one can ever take their power away and they can lift themselves out of poverty. Pawa is power in their hands.
PAWA solves the $6 trillion SSA power problem, with €100 substituting cost of 35% of household income. It is not a suite of products but the new power grid of Africa. PAWA wants to democratise energy access to the 600 million people market.
So far, we have achieved the following major outcomes:
Product delivery:1) Right product proven by study & redesign of substitutes in collaboration with end-users. 2) Several iterations of products tested for specifications, usability & durability on ground in Kenya for 8 months. 3) Right delivery model proven by mock-ups, in-house lab, production partnership & full-run tests of entire value-chain.
Customer:1) Right customer proven by immersion into the daily life of rural Kenyans. 2) Right customer promise proven by signup of customers on PAWA mock-up, MVP, Pack pilot version & Pack V1.
Revenue:1) Right revenue model proven by pre-sales, test of customers’ time to earn back investment, and direct sales in Kabati, Kenya. 2) Right partners proven by test of production & delivery partners. Selected a multiple production partners strategy & single door-to-door partner.
Product delivery:1) Right product proven by study & redesign of substitutes in collaboration with end-users. 2) Several iterations of products tested for specifications, usability & durability on ground in Kenya for 8 months. 3) Right delivery model proven by mock-ups, in-house lab, production partnership & full-run tests of entire value-chain.
Customer:1) Right customer proven by immersion into the daily life of rural Kenyans. 2) Right customer promise proven by signup of customers on PAWA mock-up, MVP, Pack pilot version & Pack V1.
Revenue:1) Right revenue model proven by pre-sales, test of customers’ time to earn back investment, and direct sales in Kabati, Kenya. 2) Right partners proven by test of production & delivery partners. Selected a multiple production partners strategy & single door-to-door partner.
During commercialisation, we will work on expanding presence in Sub-Saharan countries. We are suited for any market with similar accesses to energy problem, need for mobile power, and abundance of sun. PAWA owned factories will create jobs in manufacturing
An investment of 3.3M€ in PAWA is forecasted to generate profit of 462.5M€ by year-5 and breakeven in year-3 after commercialisation.
An investment of 3.3M€ in PAWA is forecasted to generate profit of 462.5M€ by year-5 and breakeven in year-3 after commercialisation.