filter pitches:

draft leaders(2):

BioTech/Health in Dental/Medical
Miami (US East)
Ergonomics Meets Innovation: Medical Illumination Device

Internet/B2C in Collaboration
Munich, Germany (Europe)
Meetings With Results!

Please take a moment and make a financial contribution to TheFunded. If we have helped you, help us with resources to further grow the both the site and our entrepreneur training program, The Founder Institute.

Showcase Pitch

This is a featured company in TheFunded.com Showcase. Members can vote for this company, and, once a quarter, companies with the most votes get invited to an exciting event where they present in front of leading peers, investors, and media in Silicon Valley. Members can also introduce this company to investors they know, as well as provide feedback on the pitch. Enjoy!

5
Votes

New Power Energy Systems

Business Overview:

CleanTech/Energy in Solar Sector

Located in Boston, US East

CEO is Moresh Kokane

Pre-revenue

Offering In Development, < 10 Employees

Pitch:

5 Votes

OVERVIEW: We have developed a patent pending Solar CPV solution that solves the customer requirement of inexpensive solar with a great land use. We can deliver 1 MW in < 3 acres at $2 per Wattp DC thats inclusive of full 2 axes tracking. Our focus is on US, India solar markets. Other markets like Europe, Canada and Australia tapped through technology transfer. US solar market is expected to reach around 4.5 GW to 5.5 GW by 2014. India aims to achieve 1 GW by 2012 and 20 GW by 2022. Our advantages are that we are the only ones able to achieve 1 MW in 3 acres or less with full tracking. Costs are lower by 40 %. Improved cooling of cells, system is modular, scalable and requires lower maintenance. Currently Initial design modeling is done, Prototype is ready, 3 US provisional patents filed, Advisory board of industry leaders is formed. Vendors, suppliers firmed up. Letter of Intent to buy from customers obtained.

Community:

All content provided is for informational purposes only.
This is not an offer to sell securities nor a solicitation of an offer to buy
any securities in the United States of America or any other jurisdiction
where their offer or sale is not permitted.