EU H2020 Project "HELIOSTEAM (A novel concentrated solar steam system for industrial applications with a..)": description, partecipants, costs and EC-fundings

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helioSTEAM project word cloud

Explore the words cloud of the helioSTEAM project. It provides you a very rough idea of what is the project "helioSTEAM" about.

industrial gas saver twh onto first parallel relates sell track customers huge pivotable semi least reducing steam receiver customer prototype university itself italy industry fund portugal understand opening concentrates emission 2015 precise reduce equity gain lower plant shares fresnex 5 proved investment commercialisation financial reference automated oil colleagues survey performance austria solar south perform dependency plan bearing hinge significantly majority parts realised contacts time thermal 14 mirrors environment co2 company line mirror spain install integration countries construction africa holding generating works good implementations owners complexity patented segments cheap inserted switched market former private followed mexico record attractive trl5 plants innovation technologies fuel radiation engineering energy

Project "helioSTEAM" data sheet

The following table provides information about the project.

Coordinator	FRESNEX GMBH Organization address address: AUMUHLWEG 13 HALLE 11 I city: LEOBERSDORF postcode: 2544 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Austria [AT]
Project website	http://www.fresnex.com
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2015
Funding Scheme	SME-1
Starting year	2015
Duration (year-month-day)	from 2015-07-01 to 2015-12-31

#	participants	country	role	EC contrib. [€]
1	FRESNEX GMBH	AT (LEOBERSDORF)	coordinator	50˙000.00

FRESNEX GMBH

AT (LEOBERSDORF)

coordinator

50˙000.00

Project objective

Fresnex GmbH has developed a cheap and easy-to-install solar mirror system that concentrates the solar radiation onto a receiver, generating steam directly in the receiver. The steam is used in existing industrial steam systems for production in various industry segments. The technology works as a fuel saver technology by reducing energy costs, dependency on oil and gas and CO2 emission of its customers. Through a patented innovation Fresnex GmbH will be able to significantly reduce the system costs compared to existing technologies while parallel reducing the complexity of integration. Due to the lower investment costs, projects are now financial attractive, opening up a huge market. In Portugal, Spain, Italy and Austria together about 5,5 TWh could be switched to solar with even more potential in South Africa, Mexico, US, and many other countries. The innovation itself relates to a new and cheap mirror bearing, pivotable holding the mirrors. It is realised through a line-hinge in a cheap, effective and precise way. The thermal performance of the system prototype has been proved by a solar testing institute with good results. The management (two former university colleagues with 14 years of track record in plant engineering and construction) are the majority owners of Fresnex GmbH and they plan to sell company shares to further fund the project in addition to the already inserted private equity. In order to better understand the market needs and to gain customer contacts, Fresnex will perform a customer survey and address technical and financial topics as H2020 phase one project. The commercialisation plan includes a first system in industrial environment in 2015 (TRL5 to 6) followed by two reference systems for large scale implementations. At the same time the semi-automated production line will be developed. Without at least parts of this semi-automated production line, the two reference plants cannot be built (phase 2 project).

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The information about "HELIOSTEAM" are provided by the European Opendata Portal: CORDIS opendata.

More projects from the same programme (H2020-EU.3.3.;H2020-EU.2.3.1.)