RtB Renewables
Date of Foundation
2024

RtB Renewables

Ready To Build Green Energy Projects

The Idea origin story

RtB Renewables streamlines the process for renewable developers aiming to establish a substantial pipeline of green energy projects. We take on the heavy-lifting tasks. From site acquisition, grid connection to securing all requisite permits, we package these together into shovel-ready projects. Consequently, we offer an efficient route to the creation of Ready to Build Renewable Energy Projects.

The Mission

Our mission is to drive renewable energy development by streamlining project planning, approvals, grid connection and project acquisition.

Clients

what question?

Problems we solve

Client’s problem

Loss of time, money and energy.

Confirmation of problem

Renewable developers seek rapid, de-risked projects. With a 10-year window to build Australia's necessary renewable infrastructure, speed is crucial.

Solution

The solution is to provide the developers with an ongoing pipeline of ready to build renewable energy projects that have already been de-risked, approved and have a grid connection.

Our technologies

This solution is based on technologies

At RtB Renewables, we're streamlining the process of renewable energy development. We do the heavy lifting - from acquiring sites, connecting to grids, and securing permits, to delivering ready-to-build projects. Our mission focuses on driving green energy production in an efficient manner. By addressing challenges like time-consuming procedures and costly setbacks, we serve developers aspiring to establish substantial green energy pipelines. Helpful technologies for us encompass AI application for optimized project scheduling and management tools suited for remote collaboration.

How it works

We use GIS software for site prospecting, secure sites, manage connections and approvals, build community support, and sell de-risked SPVs.

Value for the client

At RtB Renewables, we expedite renewable energy project setups, saving time and resources for developers through pre-approved shovel-ready projects.

Market and strategy

Market size

9000

mln/year

We estimate the market size for which our solution is designed in monetary terms as follows

Market share goal

5

% of the market

Is our goal in the next 3 years

Team

My name’s

Craig Balmanno

My key role in the product

My key role in our startup is securing approvals and providing technical insights. I'm responsible for assuming leadership duties, driving sales, and imparting specialized knowledge to the team.

Team size and key members

Craig Balmanno: 20+ years in renewable energy, Young Australian of Year for Environment, Queen's Trust Recipient with expertise in business and engineering.

Competitors

Competitors

Potential competitors may include traditional land and industry developers who are moving towards greener solutions. However, our niche lies in offering de-risked, ready-to-build projects - a service they currently lack.

Our Advantages

RtB projects are pre-approved, risk-mitigated and have secured grid connections. We also ensure local community support for these ventures. Initially, we give exclusive access to preferred partners before opening the opportunity to the broader market.

Business model

We make a small portion of our income on a cost plus margin. The bulk of our income is made on a fee per watt of nameplate capacity for generation and a fee per watt hour of battery storage capacity.

Traction

We've secured our first site, initiated the grid connection query and begun the Development Approval process. A fund for working capital, community initiatives, and acquiring ground truthing equipment has been established.

We've successfully secured our first transaction for the RtB project, marking a significant progress milestone in our company's journey.

Metrics

Developer fee per unit power, either watt or watt-hour, embedded in the sale price.

Commencing with a robust start, we project our initial sale to skyrocket at $10 million in the first year, followed by a substantial leap to $35 million as we reach our second milestone.

Incorporation

Our company incorporated in

Australia

Key risks

The main risks of my startup include regulatory changes affecting renewable energy projects, unforeseen issues during project preparation potentially causing delays, and market fluctuations in the renewable energy sector that may affect demand for our services.

Investments

$

50000

We raised investments

Our Investors

Craig Balmanno 50% and Neil Tierney 50%

Rising Investments

$

2000000

Currently, we are raising investments

$

25000000

Estimated pre-investment valuation of the company

We’re looking for a co-founders

Open positions

Article

Read

Additional information

Neil Tierney is a partner and he has over 25 years in land developments, is a former NRL State of Origin team member and a NRL premiership winning player.

MVP