HelioForge Power Energy Systems Business Plan — Operations & Vertical Integration

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Section 9 · 10 of 21

Operations & Vertical Integration

HelioForge’s operations are organised as one continuous value chain, imported cells and components in, locally manufactured, installed and supported energy systems out. The operating footprint centres on the Durban Industrial Zone manufacturing base, supported by distribution hubs in Gauteng and the Western Cape that place inventory and technical support close to the country’s two largest demand centres.

Figure 14. Integrated platform revenue build across the value chain (ZAR millions)

The integrated value chain

  • Manufacturing — module and battery assembly at the Durban plant; PV assembly line, quality-testing laboratory, warehouse, distribution centre and training academy.
  • EPC & installation — the EPC division designs, installs and commissions turnkey solar and storage projects using in-house product.
  • Storage integration — the battery-assembly facility builds BESS for backup, hybrid and microgrid applications.
  • Distribution — Gauteng and Western Cape hubs supply the installer network with inverters, batteries and balance-of-system.
  • Utility-scale supply — the plant supplies modules and BoS into IPP, fund, municipal and mining projects.

Facility and capacity

Phase 1 establishes the 350MW-per-year module-assembly facility in the Durban Industrial Zone, comprising a PV assembly line, quality-testing laboratory, warehouse, distribution centre and training academy. Phase 2 adds the dedicated battery-assembly line and expands module capacity to 750MW. Production capacity and utilisation, building into the mid-80s-to-90s per cent, are the core operating levers, since an assembly line earns its return only when it runs full.

Figure 15. Assembly capacity, shipments and utilisation ramp

Operating metrics and targets

Metric

Year 1

Year 3

Year 5

Module capacity (MW/yr)

350

550

750

Module-equivalent shipped (MW)

210

470

720

Utilisation

60%

85%

96%

Installer / partner network

120

420

800

Direct jobs

140

320

600

Quality and process control

Automated testing labs, thermal-imaging inspection, performance certification and durability testing run through the operation, the quality infrastructure that lets a local manufacturer credibly claim internationally certified quality and that underpins warranty, procurement eligibility and the “built for African conditions” brand.