Stepping into a Green World - Glayx, Italia - Francesco del Medico - Success Story

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    Stepping into a green world.

    Francesco Del Medico, Program Manager, Glayx Tech, IT

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    Company presentation

    is an Italian company founded in 2009 with focus on innovative solutions development in the

    field of energy generation and efficiency. The team work has multi-disciplinary approach and is composed byhigh profile staff interacting continuously with University e Research companies. Currently, company operates

    into two different business segment:

    offers a wide range of

    services addressed to development

    of renewable power plants,

    technology mixed efficiency

    projects, offering turn-key solution

    to private utilities and industrial

    customers.

    Feasibility study and

    preliminary design;

    Project execution and

    maintenance;

    Efficiency certificates

    recognition;

    Project Financing

    EPC

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    has been investing a

    fixed % of yearly earning in the

    construction of several renewable

    energy plant in Italy; the company

    keeps the ownership and sell out

    the green energy into the market at

    the current price.

    No better to demonstrate we trustwhat we do.

    Photovoltaics, Biomass, Biogas

    Total cumulative power at end-14

    > 3 MW

    Energy Utility

    Glayx PV plant in Fornelli, 1MW

    Biomass plant in Pozzilli, 200kW

    Company presentation

    is an Italian company founded in 2009 with focus on innovative solutions development in the

    field of energy generation and efficiency. The team work has multi-disciplinary approach and is composed byhigh profile staff interacting continuously with University e Research companies. Currently, company operates

    into two different business segment:

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    ESCo model

    Following a detailed analysis of customer energy consumption, Glayx defines a detailed design of requiredinstallations for a better efficiency.

    Initial investments are completely held by Glayx ESCO, through subscription of typical ESCo oroperative

    rental contract. The customer and Glayx share the savings coming out from the project during a period

    varying from 5 to 15 years depending on financial return.

    Over that period, the Customer get the full property of installations and and the entire earnings

    amount.

    In 2015 the company received accreditation as Energy service company in Italy and started

    operating as ESCo in many efficiency projects.

    Energy

    Efficiency

    ProjectCUSTOMER

    Financing &Execution

    Energy ServiceContract

    X% savingsY% Savings

    Taking the risk of customer savings.

    Shared Savings business model

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    Research & Development

    was founded in 2012 as a Glayx spin-off and is fully dedicated to the development of

    innovative advanced technological solutions, environmentally sustainable. Since foundation, the

    company has been working on three main matters:

    Concentrated solar: started in 2012, the project yielded a proprietary solution calledThermeX that entered the market on 2014.

    Methanation process: started in 2014, the activity is addressed to the validation of amethanation system starting from variable load renewable energy; currently on-going first

    prototype construction (Gas4all);

    Thermal storage: started in 2015, the project is finalized to develop an efficient andeconomic heat storage using sintetic zeolite

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    ThermeX Solar Concentrator.

    Technical Data ThermeX module

    Peak Power 25 kWt

    Gross Surface 48 m2

    Net Reflective Surface 37,5 m2

    Collector Length 6,15 m

    Collector Width 7,8 m

    Outlet Temperature

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    ThermeX Solar Concentrator.

    Operating Principles:

    Within the collector tube, a heat transfer

    fluid flows at increasing temperature;

    basing on specific application, the fluid

    can be diathermal oil, super heated

    water, or steam.

    ThermeX can efficiently exploit solar

    Direct Normal Irradiation and fluid outlettemperature can achieve 230C.

    ThermeX uses high reflectivity flat mirrors to concentrate the incident solar radiation on selective-

    coated collector tube able to minimize heat losses with the external ambient environment.

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    ThermeX Solar Concentrator.

    Flexibility: the system generates heat transfer fluid up to 230

    C outlet temperature; the

    thermal energy can be exploited in various operative manners based on specific

    requirements; system modularity allows an easy integration of the whole installation upon

    available areas and the concentration factor can be selected as a function of required

    process temperature.

    ThermeX Strenght-points:

    Efficiency: the whole ThermeX system is the final result of an accurate study on several

    design solutions finalized to specific cost optimization and high thermal and optic

    efficiencies; ThermeX target specific cost is 40% lower than other similar system and

    comparable with the specific cost associated to power generation system with 100 times

    area extension

    Manufacturing Model ThermeX:

    Manufacturing Technologies: Standard process

    Materials: Alluminium, glass, completely recyclable

    Installation: On site

    Intellectual Property: Patenting process ongoing

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    ThermeX Solar Concentrator.

    ThermeX Strenght-points:

    Convenience: ThermeX concept is based on heat generation as a direct result of collecting

    solar energy; lack of further energy transformation is a key-point in achieving a competitive

    heat cost compared to traditional fossil fuels, most preferable for direct power generation.

    Water

    Treatment

    Industrial Process

    Heat

    Refrigeration &

    Solar Cooling

    Power

    Generation

    Tele-Heating

    Commercial Turistic &

    Tertiary

    It all starts with the Sun.

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    ThermeX Solar Concentrator.

    An integrated production line:

    A milestone in the ThermeX development path:

    required accuracy of manufactured mirrors internally

    checked minimizing production waste;

    simplification of the overall production cycle involving an

    impressive reduction of manufacturing time and costs;

    integrated management system ensuring quality and

    efficiency to the whole manufacturing process and a

    proper check on end product

    Glayx launched a production site fully dedicated to ThermeX manufacturing. The

    plant, located in the Southern Italy, started its operations in early-2015 and

    enables the semiautomated production of ThermeX modules with a yearly

    capacity of over 20.000 m2 of solar mirrors. The production line is fully integrated

    and has been designed with high level of innovation.

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    #waytothesun

    Starting design activity on ThermeX, Pontedera, IT

    Starting efficiency and endurance tests on prototype T-V1, Bientina, IT

    Jun 2012

    Jan 2013

    Jul 2013 Starting certification process according to UNI EN 12975, Pisa, IT

    Sep 2013 Start up of 125 kW Solar-Cooling plant, Porcari, IT

    May 2013 Starting construction of first ThermeX demonstrator, Pisa, IT

    Nov 2014

    Aug 2014 ThermeX Technical validation by ENEA, Pisa, IT

    Start-up of 400 kW Solar-Cooling industrial plant, Pisa, IT

    2015 Start-up of 3 industrial plants and total installed power of 1600 kW, IT

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    Thanks for attention.

    Francesco Del Medico, Program Manager

    [email protected]