Solid-State Lighting Manufacturing and Solar Energy Services

What is Solid-State Lighting?

Solid-state lighting refers to lighting that uses semiconductor Light-Emitting-Diodes (LEDs), Organic-Light-Emitting-Diodes (OLED), or Polymer Light-Emitting-Diodes (PLED) as sources of illumination rather than electrical filaments (used in incandescent-lighting where wire-filament is heated to such a high temperature that it glows with visible light), plasma (used in arc lamps such as fluorescent lamps), or gas.

Ref: https://en.wikipedia.org/wiki/Solid-state_lighting

What are other competing Lighting Technology(ies)?

Fluorescent lighting employs, low-pressure mercury-vapor gas-discharge light source where fluorescence is used to produce visible light when electric current in the gas excites mercury vapor, which produces short-wave ultraviolet light that then causes a phosphor coating on the inside of the lamp to glow.

Ref: https://en.wikipedia.org/wiki/Fluorescent_lamp

Why would a potential beneficiary or user choose to engage with Oretronics Technology product or service?

Oretronics Technology Solid-State Lighting offers the lowest electricity consumption/bill in the lighting industry. Our Solar-Energy services offers very-long-cycle-life of Energy-Storage with extremely low Levelised-Cost-of-Energy in the industry. Solid-State Lighting Technology creates visible light with reduced heat generation . Thus, it offers the following benefits: It does not contain the hazardous-mercury found in Compact-Fluorescent-Lamps and thus is environmentally friendly. It does not generate infrared-radiation nor ultra-violet-radiation which has been linked to diseases such as cancer. It has better color & intensity control, and artificial lighting similar to natural daylight. It provides the best luminous-efficacy in the industry, thus saves 90% of the electricity consumption, resulting in tremendous reductions/savings in electricity cost. It reduces the total cost of ownership. It provides up to 20,000 hours of life, thereby reducing maintenance costs as compared to 1,000 hours in incandescent and maximum of 10,000 hours in the best of fluorescents. It offers Intrinsic Safety.

In what stage is Oretronics Technology project presently?

Early stage (close to market). Business planning has been ongoing. Products design and development is completed but remains open. Trial production of wide voltage (85V to 270V) version of A60 810 & 470 lumens Filament LED bulbs- May 2018 (Done). Extended trial production of A60 & A67 810, 470, 1521 lumens, variants- Ongoing. Technical & hands-on evaluation of production samples- August 2018 (On-going). TUV Testing of products- September 2018 (Discussion/work plan on-going). Manufacturing of A60 Filament LED bulbs- Q4 2018. Shipment of A60 Filament LED bulbs- Jan 2019. Distribution, wholesale & minimal retail of A60 Filament LED bulbs- Q2 2019. Discussion & negotiation on partnership/dealership & ODM/OEM services with upstream manufacturers for Solar Energy & Energy Storage- End of Q2 2019 (On-going). Diversification into/deployment of Solar Energy with Energy Storage- Depends on the availability of funding from Q3 2019 (May be much earlier by more than half year).

Describe the geographic area that Oretronics Technology project impacts:

The entire country of Nigeria with plans to export products in future to the rest of West Africa, parts of Europe and the rest of the world.

To which categories does this project primarily align?

• Energy
• Environment
• Renewable Energy and Energy Efficiency
• Manufacturing
• Services
• Start-up
• SME