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Tutorial: IEEE CSI Business Development Workshop Green Village Electricity Project; A Suitable Model for Reliable Renewable Deployment in Nigeria Ifeanyi B. Orajaka Green Village Electricity Enterprises, Nigeria.
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Appraisal of the Nigerian Power Sector 7 Plants 3 Plants 1 Plant Current Total Generating capacity 2600MWatts Country Population 167Million People % of Population connected to the Grid = 45% % of Population below Poverty Line = 65%
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Appraisal of the Nigerian Power Sector Cont’d USA = 12,406 Nigeria = 108 Ghana = 431
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Why Solar For Nigeria? Relative Availability Grid Expansion Complexities Long life span with flexible maintenance plan. Environmentally friendly. Decline in cost with improved R&D. Improved Efficiency and Reliability Easy Installation and Expansion
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Project Overview Project Goals/ Objectives Current Status Project Justification
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Initial Project Technical Model Generation Transmission Distribution 5KWatts of reliable off-grid Solar electricity to power about 20 homes. 40 interconnected 210watts solar panels 14 200AHR, 24volts deep cycle batteries 5KWatts off-grid Inverter 80 Amperes Charge controller Remote Monitoring Facilities Hybrid Mini-grid Network consisting of; Ring Network: 30mm Armoured Cable, covers settlement perimeter Serial Network: 6mm Armoured cable tapped from Ring to Nodes. Star connection from Nodes to Houses Wiring of individual houses Isolator and emergency devices at designated locations. lighting points and sockets for appliances
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Modified Project Model Our Model is a micro-scaled renewable energy system to efficiently meet the energy needs of remote settlements at the most economic cost to suite their income levels while generating marginal profits
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Our Niche Opportunity/ Innovation Why people will buy from us Our competitors Our competitive Edge Market Expansion Strategy Market Analysis
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CSI Pilot Deployment Program Budget Summary Item Budget Equipment $77,437.00 Development Costs $9,630.00 Administration $11,312.00 Shipping and Transportation $8,923.00 Travel Expenses $2,000.00 Stipends/Salaries $4,000.00 Total: $111,302.00 Project Time Line/ Financial Model 1
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Cost of Capital @ 15% Interest Rate Investment Outlay Financial Model Cont’d
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IEEE Award Registration with C.A.C. IEEE Foundation Grant UNDP/ Bank of Industry Nigeria Partnership Rivers State Sustainable Dev. Agency Partnership Website: www.greenvilgroup.comwww.greenvilgroup.com Impact on Student Volunteers Impact on Beneficiary Community Global Impact Project Milestone/ Impact Projection
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Chuka P. Eze Volunteer Co-ordinator Ikechukwu Onyekwelu Project Co-ordinator Engr. Prof. Gloria A. Chukwudebe (Mrs) Executive Adviser Engr. Uchenna Oraka Technical Adviser Ifeanyi B. Orajaka Team Lead Project Team
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Theft Hostility Vandalism Insecurity of project Team Poor Project Site Donation by Community Poor Technology Assimilation Rate Lack of maintenance competence Conflicting Interests amongst stakeholders Success Factors Project Evaluation Risk Assessment
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Green Village Electricity Project; A Suitable Model for Reliable Renewable Deployment in Nigeria Discussion & Questions? Ifeanyi B. Orajaka Ifeanyi.b.orajaka@gmail.com www.greenvilgroup.com twitter: @gvegroup facebook: Green Village Electricity Enterprises
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