Resolute Marine
Estados Unidos
6 funcionários
Fundado em 2007
Descrição da empresa
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Our solution Over two billion people suffer from the effects of water scarcity and the vast majority of those affected live in coastal areas in developing countries and remote communities. Bangladesh has one of the highest population densities in the world, and an estimated 24 million lack access to safe water because of their remote locations or because of natural arsenic contamination. As a result, more than 40,000 people die each year. Because our target customers typically lack sufficient grid capacity and cannot afford the capital or time required to build and deploy grid-connected systems, Resolute Marine has devised a unique solution to this problem - the world’s first wave-driven desalination system (Wave2O™) that can be deployed quickly, operate completely “off-grid” and supply large quantities of clean fresh water at competitive cost. Furthermore, Wave2O can also co-generate electricity to replace existing solutions driven by diesel generator. Our technology Wave2O™ is unique because it harnesses the abundant and consistent energy of ocean waves to directly drive the desalination process (i.e. without an intermediary stage of producing electricity to drive the desalination process). The key technologies that enable Wave2O™ have been validated in a series of tests which have proven that Wave2O™ can be a reliable and cost-effective water production system with utility in multiple places and in multiple uses around the world. While Wave2O™ has been designed with simple operation and maintenance in mind, it incorporates several innovative technologies invented by RME. Our market Our solution targets “off-grid” places like Bangladesh where more than 20M people do not have access to safe water and where access of electricity for the 10M people living in coastal communities is less than 3%. In these places, Wave2OTM has the unique advantage of filling a large gap in the market between utility-scale and micro-scale fresh water production systems. At macro/utility scale, “on-grid” solutions (dams, pipelines, power plants) require large capital investment, take many years to build and, in general, are only available to wealthy nations. At micro/household scale, solutions focus on increasing the utility of water that is polluted or inaccessible and provide relief for relatively few people. At “middle scale”, there is only one incumbent technology, diesel-powered desalination systems, which can be partially or wholly displaced by Wave2OTM in off-grid communities with access to an energetic wave resource. Cape Verde “We have evaluated RME’s integrated desalination solution. Because the system runs on free energy from ocean waves, it is a perfect fit for our immediate needs. We would definitely place an order if the pilot proves successful. The need is critical and RME’s economics and localized approach are very compelling.” Alexandre Fontes, CEO, ELECTRA We believe Cape Verde represents the shortest path to commercialization because it suffers from severe water scarcity and is dependent upon diesel-electric desalination systems for 85% of its water supply and because we have secured a commitment from the local power and water utility, Electra, to purchase a full-scale plant after a demonstration have been successfully completed. This effort is already financed in part by the African Development Bank (AfDB). Our business model Our business model is to manufacture, sell, install and maintain Wave2OTM systems for independent project developers around the world. In our markets, dedicated Special Purpose Vehicles (SPV) will established to operate and maintain Wave2O™ plants and manage water sales to customers. Levelized Cost of Water (LCOW) is the primary concern of prospective customers and Wave2O™ will readily sell wherever it can produce water at an LCOW that reduces or eliminates water subsidies. We have estimated that at commercial stage, a 4,000 m3/day Wave2O™ plant will deliver a LCOW of $1,25/m3 before profit and financing costs i.e. more than 3.4x lower than current cost and providing more than $3/m3 to be shared among RME and the financial partners who fund Wave2O™ deployments and customers who buy the produced water.
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