Power Storage
Mana Innovation and Power StorageMobile Energy Storage on Demand
Offers an alternative way of buying energy.Renewable energy sources, such as solar, wind, and hydro electric energy, are becoming increasingly popular due to their positive impact on the environment. However, capturing and storing unused energy from these sources has been a challenge for the energy storage industry. That's where Mana Innovation and Power Storage comes in, a company that has revolutionized the way unused energy is captured and stored using mobile trucks equipped with battery storage containers to alleviate the power demand on the grid and the system returns to normal.
Our Mission and
what it Means.
Last year Hawaii used 8 million barrels of oil, down from 11 million barrels 7yrs ago, however, that is still the highest oil consumption in the nation. Through new technology and our partnerships, Mana has the ability to sell and transfer clean renewable energy to anyone. We will utilize the mass amount of renewable energy resources Hawaii has to offer and deliver the energy on demand to Hawaii businesses struggling with high utility costs from high energy rates and high demand peak charges. Enabling everyone to do their part in saving our planet and keeping Hawaii businesses in business. Hawaii is the first state to set a legally required deadline, for obtaining 100% of its electricity from sustainable renewable resources. A commitment to be 100% clean energy by 2045, now the Aloha State’s renewable energy future is bright.
WORKING TOGETHER
We work with you to come up with the best energy saving solutions for your business needs!
Areas of Opportunities:
01
Small Business Industry
Most of Hawaii's small businesses have short term leases. A lot of businesses struggle with high energy cost.
02
Schools / Hotels
The University of Hawaii purchases over 200,000 kWh of energy. The hotel industry is one of the largest energy consumers in Hawaii.
03
High Energy Rates
Hawaii is 1st in the nation for the highest energy cost at $.34 - $.39 per kWh That's 4x higher than national average.
04
Demand Peak Shaving
Demand charges are set at $13.00 per kW used and $.36 per kWh. Shaving demand peaks will save up to 75% of demand charge.
How do we plan on capturing these opportunities?
Mobile Energy Storage on Demand,
What is Mobile Energy Storage on Demand? It is the first project of its kind – in Hawaii and maybe the world. Mana Innovation and Power Storage is working to procure power purchasing agreements with several renewable energy facilities located around the island of Hawaii. The energy we are pursuing is large curtailment from wind, solar, and hydroelectric run-off-river plants. We are also currently seeking to build a 500kW photovoltaic solar farm paired with battery storage able to produce and store up to 750kWh of energy.
Mana Innovation and Power Storage
The 4 pillars to our mobile energy storage on demand system is to Capture, Store, Deliver
and Utilize
the energy. The energy will be stored in file size cabinets and up to 10ft, 20ft and even 40ft BESS containers (up to 1.5MW of storage) and delivered across the island to schools, hotels, small businesses, and residential area substations, helping to balance the utility grid, saving money on energy rates and cut on high demand load charges. Still giving our customers the benefits of renewable energy without the cost of infrastructure and land lost.
We provide great services
Mobile Energy Storage on Demand, is a great solution for power outages, natural disasters, energy savings, demand peak shaving and grid management.
What Is the Duck Curve?
The Duck Curve
is a cutesy name for a logistical problem suffered by utilities, brought on by the ever-growing number of solar installations. Take a look at the graph below, and you’ll notice a similarity to an eponymous waterfowl. Each line represents the average net load (the sum of all electricity currently consumed) in California over a 24-hour period.
Why do the lines continually become lower and lower, year after year? That’s new solar installations coming online. And as solar generation increases every year, utilities’ electrical load actually decreases, since homeowners and businesses are relying on their own solar installation – not the utility. You’ll see that load is lowest around 1 to 2 PM, when the sun is highest in the sky and solar installations are pumping out max electricity.
As the sun begins to set, solar production begins to wane. At the same time, everyone is arriving home from work, doing laundry, turning on lights and water heaters, and watching TV. Electricity usage skyrockets, with peak usage right around 6 PM. These two events – solar production ceasing for the day and everyone getting home – causes the steep ramp captured in the image above.
In the course of those three hours, utilities must quickly ramp up production to meet that ‘peak demand’. And therein lies the issue. Mobile Energy Storage on Demand will help to solve this problem.
Small Businesses
Small businesses that operate on a set time and day (Mon-Fri 8am-8pm) or peak times will save on energy bills and allowing them the opportunity to survive longer in business.
Hotels
Hotels, Schools, and large corporations, can now take advantage of solar and renewable energy without the cost of infrastructure and land lost.
High Energy Rates
Hawaii ranks #1 in the Nation for the highest energy rates at $.39per kWh. We will sell our stored energy for a fraction of that cost per kWh.
Demand/Peak Shaving
Demand peak charges are $13.00 per kW with our battery storage system the customer will now pay $3.00 per kW. Saving and Shaving.
Strategic partnerships with EnergPort Inc, Guoxuan High-Tech, and Geli.
We have created strategic partnerships with EnergPort Inc, Guoxuan High-Tech, and Ageto Energy. Through these partnership we are able to take advantage of a Silicon Valley-based supplier of integrated energy storage systems, leveraging automotive grade, lithium-iron phosphate battery cells and utilizing the best end-to-end energy management software system. Lithium-iron phosphate is the safest lithium-ion battery chemistry on the market, and is the optimal chemistry for stationary storage as well as the ability to truck stored energy where needed. Guoxuan High-Tech is one of the world's largest lithium-ion battery manufacturers. Through our direct link we are able to deliver high-quality energy storage systems to exceed customer needs – from residential energy storage systems to large-scale, containerized systems for businesses, and utility grids. The capabilities to have Geli's end-to end software platform, helps us to streamline the energy storage development process, offering the industry's only solution for design, automation, and management.
One of our fully charged Battery Energy Storage Systems (BESS) will be placed into business next to power source. Our professional engineers will connect each BESS containerized unit, each battery tray weights around 120lbs. The batteries would be switched out daily or weekly, depending on customer's demand needs. We provide an after-the-meter system so no grid infrastructure changes needed.
Mana's Energy Rates vs. Hawaii Electric Light Co.
Based off of customer's residential energy usage, they will be able to purchase the best fit kWh plan to match their monthly or year kWh usage. A savings of up to 40% on kWh usage.
General service non-demand customers that use larger amounts of kWh can still take advantage of our low kWh charge and up to 40% savings.
Customers paying a demand peak charges of $13.00 per kW will now only pay $3.00 per kW saved in peak shaving and still get a lower kWh usage charge.
Other Revenue Streams
HELCO Power Purchase Agreement (PPA)
Mana will will also work to procure a power purchase agreement with Hawaii Electric Light Co. (HELCO) to sell stored energy back to the grid for balancing, managing, and helping with "Duck curve" peaks. We will negotiate a pricing at a rate that is cheaper than any other method.
Community-Base Renewable Energy (CBRE)
A Community-Based Renewable Energy (CBRE) program allows electric utility customers to purchase shares in a renewable energy facility and receive utility bill credits for energy production. Thus far in Hawaii, distributed renewable energy systems, such as PV systems, have largely been available to homeowners who can afford the significant upfront cash payment required for system installation or are willing to sign a long-term lease.
Who might be interested in CBRE?
Those who live in a residential building. You live in a multi-unit dwelling property where you do not directly control the shared property or have roof space.
Those renting a house.You do not own the property or housing structure to make modifications to the home such as installing a solar PV system on the roof.
Those affected by other factors:
* Your roof would require significant investment before a PV system could be installed.
*Your home’s location is shaded or your roof is oriented in such a way that it cannot receive adequate solar rays for a PV system.
*Your home is on a circuit with high saturation of PV systems
HELCO Rule 26:
HELCO Energy Rates:
Hawaii Energy Tax Credit
Originally enacted in 1976, the Hawaii Energy Tax Credits allow individuals or corporations to claim an income tax credit of 20% of the cost of equipment and installation of a wind system and 35% of the cost of equipment and installation of a solar thermal or photovoltaic (PV) system.For photovoltaic and solar space heating systems, the maximum allowable credits are as follows:- Single family residential property is eligible for a credit of 35% of the actual cost or $5,000, whichever is less; if all or part of the system is used as a substitute renewable energy technology for the solar water heating requirement for new residential construction, the credit shall be reduced by thirty-five per cent of the actual system cost or $2,250, whichever is less;
- Multi-family residential property is eligible for a credit of 35% of the actual cost or $350 per unit, whichever is less; and
- Commercial property is eligible for a credit of 35% of the actual cost or $500,000, whichever is less.
- Single family residential property is eligible for a credit of 35% of the actual cost or $5,000, whichever is less; if all or part of the system is used as a substitute renewable energy technology for the solar water heating requirement for new residential construction, the credit shall be reduced by thirty-five per cent of the actual system cost or $2,250, whichever is less;
- Multi-family residential property is eligible for a credit of 35% of the actual cost or $350 per unit, whichever is less; and
- Commercial property is eligible for a credit of 35% of the actual cost or $500,000, whichever is less.
Invest in a
Sustainable
Future
By investing in our mobile energy storage infrastructure and innovative clean renewable energy delivery system, you'll be helping to create a sustainable energy future for Hawaii, that is affordable, efficient, and clean.
Our team at Mana Innovation and Power Storage is dedicated to being a sustainable company with respect to our land and environment, delivering outstanding customer care, supporting our communities and businesses alike, empowering the people of Hawaii and growing shareholder value.
Investments and Power Purchase Agreement
The majority of Mana's projects will be financed through Power Purchase Agreements (PPA) by investors who may be eligible to receive incentivized tax credits. These agreements create value to both the customers and investors. Other avenues of financing, including direct purchases and leases, are also available for customers and investors seeking flexible options. Mana will work with customers and investors to tailor a financial solution that fits the needs of the project and all parties involved.
A Power Purchase Agreement (PPA)
is a financial agreement by which a development entity arranges for the design, permitting, financing and installation of a distributed generation/storage system on a customer’s property at little to no cost.
The owner of the PPA sells the power generated and associated services from the system to create value to the host customer. The PPA serves to offset the customer’s purchase of electricity from the grid while the PPA owner receives the income from these sales of electricity as well as any tax credits and other incentives generated from the system. PPAs typically range from 5 to 10 years and the developer remains responsible for the operation and maintenance of the system for the duration of the agreement. Based on the PPA contract terms, at the end of the contract period a customer may be able to purchase the system, extend the PPA or have the system removed by the PPA owner.
Ka'ainoa "Ka'ai" Ravey
Founder
As founder and CEO, Ka'ai invests his passion, innovation and relentless determination to make clean Renewable Energy available to everyone. In 2016 Ka'ai had a vision to capture energy from Kona on the west side or sunny side of the Big Island and transport it to Hilo, or the rainy side of the island. Although his vision was much bigger then what is to come in the immediate future, Ka'ai created Mobile Energy on Demand, the first of its kind anywhere. Just like a modern day milkman, Ka'ai will deliver stored energy to residences and businesses throughout the Hawaiian Islands. Keeping Hawaii businesses in business and Hawaii's residences in Hawaii. Ka'ai's goal is not to let any business close or residence leave Hawaii due to high utility and energy costs.
This is just the first steps to energy on demand, Ka'ai plans to one day come up with an innovative way that clean energy can be bought and sold autonomously from neighbor to neighbor from curtailment of solar and other renewable energy methods.
Ka'ainoa Ravey
Let's all do our part.
Hawaii has many great benefits in terms of incentives, loans, grants, and federal kickbacks and we are looking to take advantage of every possible opportunity. However, more help is needed to see this project through. Mana Innovation and Power Storage is looking for investors, sponsors, strategic/thought partners, or just 30 minutes of your time and knowledge. Any help will be greatly appreciated. This all started from a dream and now is very close to becoming reality. Risk-taking, challenging myself, and never giving up is what drives me and my company.