Lobatse to host US$ 30m EnergyGlass Africa’s Nanotechnology Factory
EnergyGlass Africa is actively preparing for the construction of the first nanotechnology manufacturing plant in Botswana that will cost US$ 30million
Situated just outside Lobatse, the plant will not only cater for the local market and the continent but for the rest of the world, according to the brains behind the project, Lemolemo Collins Mudadi and Tshenolo Mapila.
Mapila, the chief executive officer of EnergyGlass Africa and The Global Citizen Investment Scheme ( GCIS) told Botswana Guardian in a written response that they will also venture into mining the raw material that EnergyGlass is made of, which he said, is a carbon mineral found abundantly in Botswana. Mapila explained that EnergyGlass Africa is the exclusive partner and distributor of EnergyGlass - an optically clear vertically installed building integrated photovoltaic window system that produces continuous energy from sunlight, diffused, ambient light and ground reflectance and the only 100percent field of vision in the world. The idea behind EnergyGlass Africa’s Nanotechnology Factory was conceived by the founder and Managing Director Lemolemo Mudadi while researching solutions for one of the company’s grandiose and ambitious plans. Mapila explained that Lemolemoe came across the EnergyGlass product and recognising the immense potential it presented, he wasted no time in charting a course for the new ship he was designing. Mapila explained that the aim of the factory is to provide a “streamlined state of the art facility” that will take them from raw material to finished product with utmost efficiency.
“We have a number of strategic partners chief among them is EnergyGlass Africa’s mother company, SAF- GLAS, LLC”. The project will require US$ 30 million to set up operations, with an annual off- take agreement worth US$ 500 million. He said they are raising the required capital through The GCIS platform. Mapila added that this project will immensely advance the mission for a knowledge based economy.
“We will be using and making some of the most cutting edge technology, with the mother company providing onsite training to all our employees. “EnergyGlass has a briilliant Research and Development team and EnergyGlass Africa is the first step in bringing Africa into the 5th Industrial Revolution”, Mapila gushed.
Mapila said they intend to secure capital and acquire the mining rights, which means their cost of production will drop by more than 70 percent and this will make the product cheaper than normal glass products in the global glass industry of which Energy Glass is already competitively priced against.
He said that excess electricity from each individual building can be sold back to all respective power regulatory corporations in each African country. According to Mapila, EnergyGlass Africa offers a unique patent protected revolutionary optically- clear electrical- producing glass that can be used for a variety of applications. “When coupled with its first- to- market position, it gives the company a compelling competitive advantage over any other photovoltaic product on the market today.
“There is not one optically clear glass product in the world market that produces electricity except for EnergyGlass. EnergyGlass is also by standard makeup bomb blast, high wind and forced entry resistant,” he said. The technology promises to solve challenges especially in the energy production, energy transportation and energy conservation fronts as the world population grows at an accelerated pace, with living conditions improving and life expectancy is increasing.