Innovus Power

About the offering

Innovus Power offers On-site Microgrid Power Systems with its proprietary GridGenius control system at its core. Customers can have affordable, eco-friendly, and reliable electricity for communities, businesses, and government sites. Innovus microgrids can be utility grid tied or fully independent. Our Vision The journey to founding Innovus Power was inspired by a vision of a cleaner, more sustainable future. Over two decades ago, as solar and wind energy emerged as viable sources of electricity, we recognized the potential for a transformative shift in how power is delivered—akin to the revolution in telecommunications that liberated consumers from monopolistic providers. While that transformation has reshaped communication, the energy sector has lagged behind—until now. At Innovus Power, we are spearheading a revolution in electric power through our advanced microgrid systems. Our mission is to empower communities, businesses, and government entities to harness the renewable energy resources available to them, significantly reducing or even eliminating their reliance on traditional utility companies. This shift not only leads to lower costs and greener energy but also enhances reliability and provides customers with the flexibility to adapt to future growth. Beyond our products and services, Innovus Power is committed to fostering a sustainable energy landscape that prioritizes environmental stewardship and energy independence. We envision a world where every community has the tools and technology to control its energy future—creating a lasting impact on both local economies and the planet as a whole. Together, we can build a cleaner, more resilient world for generations to come. Why Innovous power Innovous Solves Today's Power Challenges: Innovus Power Addresses Current Energy Challenges - For the first time, Innovus On-site Microgrids can compete with centralized utility power in terms of cost, emissions reduction, and reliability. Expanding Market Opportunities - There are vast opportunities in the commercial, industrial, community, and government sectors as customers seek to reduce their dependency on traditional utility-supplied power. Innovative Technology and Business Model - Our unique technology and business case position Innovus Power as a leader in the emerging microgrid market, setting us apart from competitors. Proven Product Performance - Our products have successfully validated key markets, demonstrating their effectiveness and reliability in real-world applications. Low Capital Investment for Growth - Innovus Power requires a relatively low capital investment to achieve rapid growth, making it an attractive option for investors and partners. Experienced Leadership Team - Our leadership team has a proven track record of guiding technology companies through early stages and rapid expansion, ensuring strategic growth and innovation. Significant Investment in Innovation - With $10 million invested to date, we have secured patents and developed differentiating intellectual property that enhances our competitive edge. Success to date Proven Technology and Revenue: -Demonstrating growing revenues since first product sale in 2018 -$1.55M company revenues from 2018 through 2023 -$2.6M current open sales orders in August 2024 -Validated performance claims through microgrids in operation in target markets -Validated differentiating microgrid design services claims with ongoing revenues since 2020 -Building credibility in $43B market with early stage customers that include a utility and an EPC selling Innovus microgrids to the Canadian government -Established sales channels through project developers and EPCs Problem Today's Energy Issues: The Cost of Utility Power Continues to Rise: “High Electricity Prices Will Go Even Higher Unless We Change Course..." - Forbes, March 2023 CO2 Emissions Are Rising, and Need to Rapidly Decline: “During a year of extremes, carbon dioxide levels surge faster than ever..” - NOAA, June 2022 The Rapid Rise In Power Demand Is Driving More Stress For Utilities And Their Customers: “Amid explosive demand, America is running out of power…” - Washington Post, March 2024 Increasing Weather Events And Aging Infrastructure Drive Rise in Outages: “Power outages are on the rise, led by Texas, Michigan and California…” – CNN, Sept 2022 Utilities Are Facing Overwhelming Challenges It will take many years and billions of dollars to make them more efficient, reliable, with lower emissions and increased capacity. “Grids have formed the backbone of electricity systems for more than a century… Clean energy transitions are now driving the transformation of our energy systems and expanding the role of electricity across economies. As a result, countries’ transitions to net zero emissions need to be underpinned by bigger, stronger and smarter grids... Reaching national goals also means adding or refurbishing a total of over 80 million kilometres of grids by 2040, the equivalent of the entire existing global grid” “Grids have formed the backbone of electricity systems for more than a century… Clean energy transitions are now driving the transformation of our energy systems and expanding the role of electricity across economies. As a result, countries’ transitions to net zero emissions need to be underpinned by bigger, stronger and smarter grids… Reaching national goals also means adding or refurbishing a total of over 80 million kilometres of grids by 2040, the equivalent of the entire existing global grid.” - EIA 50, 2021 Solution Innovus Power GridGenius Microgrids Solve Today’s Energy Problem GridGenius is Innovus Power’s proprietary microgrid Energy Management and Control System (EMCS). It integrates all power generation and stored energy sources tied into each microgrid and optimizes its dispatch to assure the cleanest, most reliable, and lowest cost power is delivered at all times. Innovus Power Microgrids provide the lower cost, emissions, and reliability customers need today and decades to come: -Up to 80% reduction in power costs, with flat future costs for decades to come -CO2 emission elimination or reduction -High power reliability and avoidance of outages -Customer’s future power needs provided for eliminating the risk of running out of power capacity -Future-proofed microgrid system that can grow and adapt to each customer’s power needs Business Model Our Products & Services, Channels and Customers Innovus Power revenues start with microgrid concept design, through the sale, and operational support of the microgrids it puts in service. Microgrid Concept Design Customer-funded design services when the customer is unsure of the potential value of installing an microgrid Microgrid Concept Design Customers: A power project developer, OEM of major microgrid components, Potential end customer evaluating the benefits of a microgrid for all of their current facilities Microgrid System All Innovus microgrids designed and sold include its proprietary GridGenius Energy Management and Control System (EMCS) that manages the integration and dispatch of all power sources and stored energy components. Depending on each customer’s preferences, Innovus will additionally sell the range of major components that are designed into their microgrid. These major components typically include the power converter systems, stored energy systems, and dispatchable power components that can include fuel cells, Innovus Variable Speed Generators ‘VSGs’, or gensets. Microgrid System Customers: Canadian utility, Major OEM of microgrid components, Major Engineering, Procurement, Construction ‘EPC’ firm providing Innovus microgrids to the Canadian government Operation & Maintenance ‘O&M’ Service Support To assure each customer that their Innovus GridGenius microgrid will operate as designed, Innovus Power offers service support with its PowerView remote monitoring system as its foundation. PowerView is an Innovus Power’s proprietary on-line platform that assures every component in the microgrid is properly operating while proactively providing alerts to prevent downtime events. When downtime events do occur, PowerView enables Innovus to assist its customer in providing quick analysis of the root cause of the failure and required corrective actions. PowerView additionally provides customers with trend reporting to give them the information they need to assess the ongoing performance of their Innovus microgrid. Current Operation & Maintenance ‘O&M’ Service Support Customers: End-user/owners of Innovus GridGenius microgrids A California C&I Case Example for an Innovus ‘On-site’ GridGenius Microgrid - Innovus provides customers microgrid design options that best fit their business objectives Business As Usual (BAU) Projected Power Costs: No change to current solar installation capacity, Stay on CA PG&E NEM2 rate structure Innovus proposed microgrid configurations weighing Savings, ROI, NPV Vs BAU Sizing Microgrid for 3 Yr ROI*: Min solar and battery additions to keep below 3 yr ROI, Leverage CA PG&E NEM3 rates Sizing Microgrid for Max NPV, 4+ Yr ROI*: 2x solar capacity plus 10 MWh batteries, Leverage CA PG&E NEM3 rates *ROIs can be reduced by roughly 50% with today’s Fed, CA, and utility incentives GridGenius Microgrids in Service Heavy Manufacturing Plant, Ontario, Canada Challenges: Higher power costs, Poor power quality Innovus Solution: Add GridGenius EMCS with stored energy coupled to on-site natural gas gensets Results: Fuel savings commitments were achieved, Power quality now within specifications Remote Village in Canada Challenges: High diesel costs, High complexity due to use of multiple gensets 24/7 Innovus Solution: Add On-site GridGenius VSG to displace multiple gensets coupled to solar Results: Fuel savings commitment achieved, Community run 24/7 on one GridGenius VSG plus solar, 25,000 hours of service with zero community outages Competitive Capabilities: -Proven Expertise in Microgrid designs validated by customer purchases of Innovus microgrids and microgrid design services -Proprietary Microgrid systems in operation that have demonstrated company’s performance claims -Proprietary GridGenius Energy Management Control System (EMCS) integrates and optimizes any energy technology as part of a microgrid -Proprietary modeling and simulation tools provide the ability to rapidly assist customers in designing any microgrid application scenario to maximize results -Expertise in all key underlying power technologies including solar, wind, hydro, utility grid systems, stored energy, and dispatchable fossil and fuel cell generation systems -No vendor and component technology bias in the microgrid system design assuring customers that their objectives come first Market $43.19 Billion Microgrid Market, Growing to $206.69 in 2033 Innovus current targeted market segments total $6.3 Billion: -Targeting Commercial & Industrial (C&I) sites in California, Hawaii, Connecticut, Massachusetts, Rhode Island and the Caribbean where microgrids are most competitive -Rural communities in Alaska and Canada -US and Canadian government installations Future Market Segments: -C&I installations in North American regions beyond current focus -C&I installations in International regions including the EU, Australia, Asia, Asia Pacific, Africa -Rural grid connected communities looking to increase their power independence -Government facilities outside North America -Multi-family residential applications in US and Europe Innovus Power Customers Sales -First company revenue generated in 2018 -$1.55M company revenues from 2018 to 2023 -$2.6M current open sales orders Investor Invitation Why Invest? Many investors are looking to put their money into companies with a mission they believe in that provide products they can readily connect with. Innovus Power fulfills both of these interests. Although solar and wind power have had a meaningful impact on lowering emissions and energy costs for the early adopters, continuing their rapid growth is not sustainable by themselves due to a foundational challenge. They cannot provide sustainable power independently and therefore have been tied to utility scale power grids that were never conceptually designed to incorporate them. The result has not been the power independence, cost savings or clean energy maximization that solar and wind customers have expected. As importantly, increasing regions with high solar and wind capacity are having to curtail that power because the availability of solar and wind power inherently cannot be aligned with power demands by themselves. Innovus is now driving the solution. Innovus Power takes the solar and/or wind energy available at each customer’s location and maximizes its benefits while providing power certainty at the same time. As importantly, the cost of the ‘On-site’ power provided will be lower than what that customer would pay to their utility through the lifetime of their microgrid. In short, Innovus customers have the power independence they have been anticipating for decades. They finally have the control of their power in their own hands.

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