KENDER ENERGY

www.kendersolar.com

Ticker
Ticker :: KNDR
KNDR
 KENDER Private Placement

2.20 Private Placement:

Minimum Entry Price
2.00 Present Share Price KNDR Stock is
presently trading at
1.80
1.65 1.65 US$ per share
1.60 Stock Price is offered
1.40
between 0.50 US$ and
market price via a
1.20 Dutch auction
1’000’000 shares are
1.00
offered for subscription
0.80 Investment in Escrow
with Possibility to
0.60 withdraw the Investment
0.50 under Conditions
0.40
Today 30 D 60 D 90 D 120 D All shares offered will be
Free Trading
 KENDER ENERGY (KNDR)

The Technology Helium (He) is stored in

a small tank at 200
atmospheres and runs in
a closed circuit
The helium is released
out and spins a turbine,
such as in a compressed
air engine and generates
electricity
The helium drops from
200 atm to 20 atm and
its temperature drops
from 20 C°to minus 240
C°
 KENDER ENERGY (KNDR)

The Technology Behind the power

generating turbine, a
compressor pushes the
helium into a heat
exchanger.
15% of the energy of
the first turbine is
consumed.
In the heat exchanger,
the helium moves from
its very low temperature
back up to 20 C°by
heating up due to the
air temperature.
 KENDER ENERGY (KNDR)

The Technology As the helium moves

back up in temperature
from -240 C°to 20 C°,
its pressure builds back
up to 200 atmospheres
Thus, the helium has
run a full circle. This full
circle is performed in
0.2 seconds
The system uses
efficiently the ambient
air temperature to spin
the helium and run the
power generating
turbine
 KENDER ENERGY (KNDR)

The Technology
The stored helium
weighs between 25
grams and 40 grams,
depending on the size of
the system.
It can produce 39 kW or
53 bhp, by running on
the temperature of the
surrounding air only.
 KENDER ENERGY (KNDR)

The Technology
The Double Turbine System measures 32 cm x
21 cm x 24 cm
The Solar Panel is 80 cm x 250 cm x 6 cm

This standard sized system

can produce 39 kW or 53 bhp
(calculated), by running on the
radiating temperature of the sun
and the surrounding air only
 KENDER ENERGY (KNDR)

The Technology
No consumables. Helium runs in a closed circuit.
No CO2, no other emissions.
100% green.
High efficiency.
Accessible to every individual.
Not dependant on weather conditions.
Works day and night, fully silent.
Very little space used (outside only).
Efficient down to minus 50 C°.
Similar to a heat pump or a Sterling engine.
 KENDER ENERGY (KNDR)

The Technology Trend

Solar is progressively becoming competitive, as production costs have

been divided by 10 in 30 years. At 1 US$ per Watt of installed power,
solar is more competitive than any other form of energy production.
 KENDER ENERGY (KNDR)

The Technology Trend

Sometime between 2010 and 2015 solar will be cheaper than oil and nuclear
 KENDER ENERGY (KNDR)

The Technology Trend

Silicium PV (15% eff.) Cadmium Telluride PV (11% eff.)
0.35
Thin Film PV (6% eff.) Kender Panel
0.30 Nuclear Energy Energy Hydro-Electric Energy

0.25
0.20
0.15
0.10
0.05
0.00
06

07

08

09

10

11

12

13

14

15
20

20

20

20

20

20

20

20

20

20
Kender’s production cost per 1 kWh is of 0.07 US$, far below competition.
 KENDER ENERGY (KNDR)

The Technology Trend

 KENDER ENERGY (KNDR)

Comparison to a traditional Solar Panel

The Kender System has a surface of less
than 1 m2
It costs 4’500 US$ (production cost)
It has a power of 39 kW
Installed Cost is 0.08 US$ per Watt

A Standard Solar Panel has a

surface of 1 m2
It costs 800 US$
It has a power of 0.15 kW
Installed Cost is 4.20 US$ per Watt

A Kender System produces significantly

more energy per m2 than a Solar Panel
 KENDER ENERGY (KNDR)

Where can this Solar Technology be applied ?

Application 1: Residential & Office Buildings

Application 2: Greenhouses
Application 3: Data Centers
Application 4: Independant Energy Production
 KENDER ENERGY (KNDR)

Application 1 : Residential & Office Buildings

Heating, hot water and electricity
costs for a standard home can
be 5’000 US$ per year.
Just the expenses for home
appliances, without heating and
hot water cost in average up to
1’200 US$.
These costs can be brought to
zero with Kender Energy’s
system.
 KENDER ENERGY (KNDR)

Application 1 : Residential & Office Buildings

The same applies to office
buildings, swimming pools or air
conditioning.
Competition exists from outdated
systems (gas, coal, fuel, heat
pumps), which are a cost center.
Kender’s system, under license
allows the owner to cover his
energy costs and create a surplus
of production, shared with Kender.
 KENDER ENERGY (KNDR)

Application 1 : Residential & Office Buildings

Heating, hot water and electricity
can now be produced easily within
the building.
An appartment building owner can
now sell energy to the tenants.
The same applies to office
buildings and / or swimming pools.
Additional source of revenue for
the owner.
No Competition.
 KENDER ENERGY (KNDR)

Application 1 : Residential & Office Buildings

3500 Solar Panel
U.S. installations (in MW) by
3000 Japan
Germany region, 2001 – 2015
2500 Rest of Europe
Rest of the World
60% of the worldwide
2000 production of solar
1500 panels is installed in
1000 Germany where the
environmental laws
500
encourage and
0 subsidize solar energy
01

03

05

07

E
20

20

20

20

09

11

13

15
20

20

20

20

Source: Prometheus, Solarbuzz and Pira International Ltd

 KENDER ENERGY (KNDR)

Application 1 : Residential & Office Buildings

3500
U.S. Japan follows quite
3000 Japan closely
Germany
2500 Rest of Europe All other countries still
Rest of the World
2000 have marginal solar
1500
panel penetration
Multiple institutes
1000
predict a quadrupling
500 of the installed power
0 by 2015
01

03

05

07

E
20

20

20

20

09

11

13

15
20

20

20

20

Source: Prometheus, Solarbuzz and Pira International Ltd

 KENDER ENERGY (KNDR)

Application 2: Greenhouses
Energy costs for greenhouses is
40% of their annual budget.
Kender can reduce that cost by
70%.
The heating system in the
greenhouse is the key component
to making a profit or not.
Kender Energy’s system can
quadruple a greenhouse’s profit.
Competition from outdated
systems (gas, coal, fuel, heat
pumps).
 KENDER ENERGY (KNDR)

Application 3: Data Centers

Need cooling even more than

power to run the servers
More than 7,000 data centers in
the US today
More than 15 million servers in the
US by 2010
Cloud computing will require
growing numbers of data centers
due to local regulations
 KENDER ENERGY (KNDR)

Application 4: Independent Electricity Production

Decentralized energy production

Creation of energy farms
Electricity is produced at prices
in the range of 0.025 US$ per
kWh
Electricity is sold to the grid at
0.08 to 0.10 US$
Income is immediate, even with
a limited number of units
 KENDER ENERGY (KNDR)

Application 4: Independant Electricity Production

Grid Purchase Price

Production Price between 0.08 and Consumer Purchase
between 0.06 US$ 0.10 US$ per kWh. Price between 0.14
per kWh and 0.08 Up to 0.50 US$ per and 0.25 US$ per
US$ per kWh kWh if renewable kWh
energy source
 KENDER ENERGY (KNDR)
Application 4: Independant Electricity Production
Inversiones Dagosa SL
Owner of Ibereolica and Ibereolica Solar
Agreement with the largest
Private Alternative Energy
Supplier in Europe
R&D Agreement to get the product
to EU standards and to qualify as a
Renewable Energy Product
License Agreement where
Production is generated in Spain
under a 10% Royalty
Electricity is sold to the grid at 0.22
euros per kWh to the grid (0.30
US$)
 KENDER ENERGY (KNDR)

Application 4: Independant Electricity Production

0.25
Production & Sales Prices

0.70 0.22
Production Price 0.20
0.20 Purchase Price

0.15
in US$

0.12
0.08 0.10 0.10
0.10 0.06
0.07 0.07

0.05

0.00
Wind
Nuclear

Hydro

CSP
Coal / Gas

Kender

Consumer
Solar PV

Grid
/ Oil
 KENDER ENERGY (KNDR)

Manufacturing
Production will be Outsourced
Production will be under License
Production Cost of a standard Unit is quite cheap
and generates in Energy much more than its
Production Cost
Raw Materials are mainly Steel and Aluminium
There are no Expensive Critical Raw Materials
Wholesale Prices can vary, according to Usage
 KENDER ENERGY (KNDR)

5 Year-Targets
Have a 8’000 Devices in Operation
Devices can be bigger or Smaller according to
Usage
8’000 Devices or Equivalent installed represent a
Power of 312 MW
312 MW of installed power generates 939’000 MWh
of electricity
The main revenue model is in the Field of Electricity
Production
 KENDER ENERGY (KNDR)

Forecasts
80
138.4
Sales
65 Profit 53.1
50
26.3
35
14.6
20
0 1.3 2
5
-0.5 -1 -2
-10
Year 1 Year 2 Year 3 Year 4 Year 5
 KENDER ENERGY (KNDR)

Use of Proceeds
Production (0.15 million US$)
Achieve EU stamp
Produce 5 prototypes
Marketing (0.6 million US$)
Sign 3 license agreements
Perform sales in excess of 0.5 million US$
Public Relations
Reserves (0.75 million US$)
 KENDER ENERGY (KNDR)

Use of Proceeds
Production,
Reserves, 0.15
0.75

Marketing,
0.6
 KENDER ENERGY (KNDR)

Private Placement Structure

Kender Energy has 21’494’993 shares outstanding
The Company has a Cash Position of 50’000 US$ and
450’000 US$ in marketable securities. The Company is
valued at 10.6 Mio US$ pre-money in the Private
Placement
Kender Energy is targeting to raise 1’500’000 US$,
issuing 1’000’000 shares, via a Dutch auction
The total number of shares outstanding after the offering
will be 22’494’993 shares after financing
 KENDER ENERGY (KNDR)

Forecasts
3 to 4 months after the Company Listing, the
Company will seek 5’000’000 US$
Placement will occur at 25%-30% Discount to
Market Price
Road shows will happen in London, Zurich, Paris,
Frankfurt, Geneva and Milan
Analysts and Financial Press Coverage will be
implemented
Government Grants will be sought
 KENDER Private Placement

2.20 Private Placement:

Minimum Entry Price
2.00 Present Share Price KNDR Stock is
presently trading at
1.80
1.65 1.65 US$ per share
1.60 Stock Price is offered
1.40
between 0.50 US$ and
market price via a
1.20 Dutch auction
1’000’000 shares are
1.00
offered for subscription
0.80 Investment in Escrow
with Possibility to
0.60 withdraw the Investment
0.50 under Conditions
0.40
Today 30 D 60 D 90 D 120 D All shares offered will be
Free Trading
 KENDER ENERGY (KNDR)

Citation

"I would put my money on the

sun and solar energy. What a
source of power! I hope we
don't have to wait till oil and
coal run out before we tackle
that."
-Thomas Edison
KENDER ENERGY (KNDR)

Remember the Ticker !

KNDR
KNDR

Thank You !
 KENDER ENERGY (KNDR)

Other : Comparison of Solar Cells and Thin Film