We are not building one factory. We are building the one we can copy.

Okay, let's talk about the factory. So the factory is modular. We can start out small with a smaller investment, $45 million. Start making wind turbines, transformers, and batteries and things like that. And then as we grow and the venture becomes profitable, we can start adding on. So if you look at this photo here, down the centre is a big assembly line. So we feed all of the componentry in and then there's an assembly and then down at the end of the factory it gets tested. So again we're doing wind, water, solar, storage and distribution products. So there's a lot of common manufacturing processes that we can use. And we're vertically integrating just about everything internally to drive the cost down and to be able to buy in bulk.

So this factory will get copied around the world and the local economy will run it and then it'll create tens of thousands of jobs across that region that we've allocated towards manufacturing these products. So some of the stuff that we're doing is plastic moulding. So you'll see these big silos. When I grew up as a kid my family started building these plastic moulding operations. And we bring in plastic on rail cars and then move them into these silos and then process them. And there's going to actually be a tooling room that will build all of the moulds and repair them and the dies that stamp out the metal. So we maintain and we build a lot of our own tooling and all of it's done there. So we're going to create a lot of trade jobs that are mission critical for making this happen.

One of the larger investments is the solar. So there's been some big changes in solar over the years and it's driving the cost down. And we work with some people that knew us back in our semiconductor days and they've gone off and built these factories. So Paul and Don are coming in to be able to help us get this side of the business up and running. It's not really our specialty, it's very specialized. But one of the things that you need when you're building a lot of solar panels is a device called a FET. And a FET does high speed switching and we use it all over our products. So we're moving electricity and just like you flip the light switch on in your home, we have to do that with these switches and we can create these sine waves and square waves and different frequencies and waveforms to deliver the right type of power to your application.

So what we've got to do is put this semiconductor line in and I think it's like a $40 million investment. But it can make these high voltage switches that are needed for the solar. And we also use them in the wind turbine and the transformers and the water turbines and the batteries. So everything uses this common semiconductor chip. And so down here you'll learn about how we're building these semiconductors. So our experience — we've got a lot of people that came out of semiconductors and we take a glass wafer and we start printing all this circuitry on there. It's called a GaN, a gallium nitride FET, with a lower voltage for all the solar panels, and then a SiC, a silicon carbide FET. And that's for the high voltage stuff where we're sinking into the grid and all that.

So these are all there — circuit board manufacturing. Circuit board manufacturing has got very automated. So we'll be putting in these production lines to make these circuit boards, like you'll see our communications board and all that stuff on. And those are going to be mass produced. And so we do all that, then metal stamping. So we buy big reels of steel and we bring them in on a ship from wherever in the world. And then we unload them and we get them onto a truck and we get them into the factory. And then we unwind those reels and we start stamping out metal parts. And that drives our cost down — kind of like your car. All the metal that's around the car, we stamp it out. All of the products are made out of the same stainless steel. So we use a really great stainless steel, like for your refrigerator and things like that. And so the products don't need to be painted, they can be just left bare. And now we've driven the cost down even further doing all this colour stuff.

And what else? We've got wire manufacturing. So we're going to use a zillion kilometres of high voltage wire. All of the devices talk to one another wirelessly, but the power goes through wire. And we've got these installation kits — you'll find them on here. And the wire is a big part of it. So these reels of a thousand metres of wire is what we're shipping. And then all the little connectors that you terminate. And then you can plug your windmill into your battery and your water turbine in and your solar panel. It's a common connector. So we're going to be making all this wire.

What else are we making? Well, the factory is highly automated. So when we look at this factory, we've got these automated guided vehicles that drive around and they've got these things called factory travellers. And the factory travellers — robots can nest things in there so we can stack them all out. And then these robots drive them and they store them somewhere until that next stage of the production line needs them. So we build all these big moulds to carry these components through. We've got a lot of machining, so there's tons of CNC machining and lathe parts and mill parts and things like that. So we do a lot of different types of manufacturing, but they're all kind of common. So metal stamping, wire production, circuit board manufacturing, silicon manufacturing are kind of the core behind all of the products.

And this will all be documented and then it'll be deployed in your native language. So if you're buying a factory and you're going into the Middle East, you need it in Arabic. And if you're buying a factory and it's going into France, we need to build the knowledge base in French language. And down here in Costa Rica, everything's going to be in Spanish. So we're designing this whole knowledge base platform where people that want to come in and work in this really cool factory, they can pull it up on their mobile app and it's in their native language. They can take little quizzes. After watching these videos, they can learn how to maintain these machines that need maintenance. When something goes down, how do you bring the machine back online? They call it startup, shutdown, sequencing. So anyhow, these are a lot of the tribal knowledge that we're going to deliver on this production line.

So it's pretty cool. The factory can grow to about a billion USD. The battery line usually is like a $3 billion investment. It's a big, massive facility with millions of square metres in there. And when we injection mould this and we make a plastic moulded battery, the footprint of the batteries goes down. So we're doing some really unique new manufacturing processes. So anyhow, I'll leave it there at that. Have a beautiful day. Pura vida, as they say here in Costa Rica — that means live the pure life. Thank you very much for your time, and hopefully we'll be building you a factory soon. All right, have a great day. Bye.

The figures spoken in this video are pre-feasibility planning parameters, not committed budgets or completed construction. See Partners for the detailed study that will replace them.