Innovation

After Mexico changed its laws to allow consumers to choose their energy suppliers, LiveSun started operations where they provide a variety of services to their customers like selling energy from existing solar parks at an agreed price, and installation of equipment on site, focusing on sales, financing and leasing,

Inspiration

Mexican consumers can now choose their energy supplier. The production of solar energy has drastically improved in efficiency and convenience, and clean energy is being supported by the government through incentives and tax deductions.

Overall impact

By reducing carbon dioxide (CO2) emissions, LiveSun's per megawatt production is like removing more than 200 cars from the street each year, which helps the environment.

With its integrated development program, LiveSUN will help small local contractors to develop a business by letting them perform installation, maintenance of electric installation and cleaning services of solar panels.

Business benefit

LiveSUN found and improved their offering by understanding how to interact with their customers and clients needs, which lead to breakthroughs in providing energy which differs from what was the norm in Mexico.

LEASING:

• Cero initial investment, and immediate cost savings.
• System is PRANA POWER property.
• PRANA POWER keeps one year of equipment depreciation.
• Customers will consider equipment leasing at a fixed cost.
• This is not reflected on customers' balance sheet.
• Ten-year c' property.
• Average solar panels life time is 15 years.
• Customer will pay a fixed price for the next 10 years instead of experiencing energy price variations and inflation.

FINANCING

• Solar system will be customers' property.
• Customer pays an interest rate.
• Fixed asset and financing expenses will be reflected on customers' balance sheet.
• Ten-year financing contracts.
• Average solar panels life time of 15 years.

Watch video on YouTube

Social and environmental benefit

Electricity generation in Mexico accounts for 32% of all CO2 emissions. Renewable energy contributes to the reduction of emissions of harmful gases and pollutants which helps the environment.

Training small contractors to perform all the manual labor will help them to develop a business and improve their lifestyle which helps society overall.

Interview

Valerio Pace, Sale Director

Watch video on YouTube