The low consumption of electricity presents a challenge to minigrid developers in the quest to increase the average level of revenues and hence profitability.
This leads to an average monthly revenue per user of around $2.96 – $4.83, whilst OPEX costs are between $2.50 – 6.00 per customer per month.
For traditional centralized minigrids, transmission and distribution infrastructure also make up a huge portion of the costs to set up and operate traditional minigrids.
It is also in various stages of discussion with organizations in Kenya, Nigeria, and Benin.
“We use 20-foot shipping containers that we have custom designed with our partner Blackstump in Australia.” These containers generate between 40-60kWh per day and are used to charge the batteries.
The batteries from Betteries are sustainable second-life lithium-ion batteries repurposed into stackable multipurpose packs.
“A bigger question for us with Liquidstar is what is the easiest way to turn electricity in to money.
The mining percentage will be paid out monthly in local currency, for example, in the e-naira and the percentage of carbon credits sold are paid out based on battery rentals.
The bike Liquidstar is building is in partnership with Hashaam Tariq, founder of EMF Technologies, who the Liquidstar team met at the World Future Energy Summit in 2020.
The bicycle has a range of about 100 km in mixed city riding depending on a number of different aspects, e.g., riding style, rider weight, weather conditions, temperature, road surface, and tire pressure.
Taizo Son is the founder of Mistletoe, a Collective Impact Community that advocates a new style of business through startup support, to solve social challenges with a mid-to-long term perspective.
At university he continued to explore materials with applications in the energy space and ending up doing a PhD involving the study of radiation damage in High Temperature Gas Cooled Nuclear Reactors.
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