Best Ideas 2022 features all the nominated entries submitted under ‘Submit your Idea’ category. All the entries consist of innovative solutions or propositions for an enterprise that champions the Sustainable Development Goals. They can be on the conceptual, planning, or start-up stage.

Affordable & Clean Energy Accessibility for The Rural & Low-Income Household in Northern Nig

Explain your idea in details:

FERDtech intends to solve the lingering Power draught by accelerating the adoption of sustainable solutions (Ground/Rooftop/Compact Units). Our vision prioritizes consumer education, exploiting our innovative instincts that uniquely make PV affordable for low-income households. Our solution will be providing flexible alternatives that enable seamless transition.

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Expected impact of your idea on sustainable development

Access to Clean, Affordable and Reliable Alternative to Power. Our purported Public/Private engagement with Rural Electrification Agency (REA) coupled with our expansion drive to other target markets, we'll extend our initiatives to rural dwellers and emerging cities off grid all over Northern Nigeria. To this effect, we intend establishing more outlets (150), equipping them with necessary clerical, safety and technical resources to ensure we are guided by best practices. Our business strategic algorithm will bring to the fore 1850 new customers (with southern region having low irradiance inclusive) by Quarter. We're also considering Capacity building through training/courses a priority for our skilled workforce. Our hiring policy in the 8th quarter will be targeted at qualified, creative and customer-centric individuals.

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Plans for implementation and sustainability

Our Business model specifies the clients' energy requirements by creating customized strategies from the point of booking consultation to site surveying, component sales and delivery, system sizing (conducting energy audit) to a final installation/services tailored to their respective power, energy objective and budget needs. We have developed strategic marketing, unique financial and survival plans, mapped out risk mitigating measures, rendered services with an overview of penetrating and expanding into other target market. Our financing sources include Tax credits, subsidies and rebates. We have a long lasting public/private engagement with the Government's Rural Electrification Agency(REA).

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Your profile

Ferdinand, 30 Has a Natural Curiosity For Energy, Machinery & Power. A Professional with over four (4)years in Project Management of Marine & Mechanical Structures. I have garnered Technical exposure in the Oil & Gas, Power & Renewable Energy Sectors; Presently serving the Maritime Industry in the capacity of a Marine Engineer, ensuring Naval Warships are Continuously Operational & Seaworthy. My confidence level is top-notch. I'm a Fast learner, open to a variety of learning experiences & a Huge Investor in continuous professional development. I intend to be part of the engineering community as it shines a light on this new horizon with new ideas, concepts, and techniques from every conceivable aspect and field. I want to be on the cutting edge of mechanical/marine engineering-related research and design. Particularly in the fields of renewable energy, space travel technology, robotics and autonomous systems, these developing fields have captured my interest and imagination.

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Comments

Davidson Onwumelu

September 16, 2022 01:38

This is great. I read through your idea with smiles and hopes that our days of power shortage and environmental pollution due to fossil fuels are fast coming to an end.

Kudos Frederick! You're doing good.