Report

Teaser, summary, work performed and final results

Periodic Reporting for period 1 - SolardeSaLt (A Renewable Approach for Industrial Water Desalination by using Hybrid Photovolt)

Teaser

SolardeSaLt aspires to be a disruptive evaporation system for the treatment of waste water of industrial and civil origin able to recover up to 95% of water and not requiring any external energy font thanks to the integration of an energy system based on renewable...

Summary

SolardeSaLt aspires to be a disruptive evaporation system for the treatment of waste water of industrial and civil origin able to recover up to 95% of water and not requiring any external energy font thanks to the integration of an energy system based on renewable energy.Regarding costs, our business model allows end users to save up to 140,000 EUR/year (with the biggest evaporator) meaning a very quick payback and reducing their production costs, being more competitive on the market.

In order to confirm the feasibility of SolardeSaLt, after a four month study, we have developed the present study that checks the technical, commercial and financial feasibility of our project. We have analyzed the technical developments ahead and prepared the execution plan for the development of the SolardeSaLt Prototype and Pilot. We have performed an in-depth analysis of the target markets out of which we have developed our market strategy and our plan for SolardeSaLt market launch to the international markets. Financially, we have drafted a detailed 5-years financial forecast which has confirmed the potential return on investment of the SolardeSaLt project. Finally we have performed a deep FTO analysis in order to assure the possibility of introducing SolardeSaLt into selected markets without infringing any existing patent.

Work performed

The past 4 months we have developed a thorough Feasibility study to guarantee the techno-economic viability of our project. Here we present the main areas of focus and the results obtained:
Task 1: Technical Feasibility: This task provides a technical description of SolardeSaLt technology and its specifications, definition of the manufacturing and operating requirements, schedule for its development and industrial testing to validate experimental results, evaluation of the physical development (planning and costs) and accomplishment of a technical risk assessment in order to define a mitigation and contingency plan.
Task 2 Business plan development: We have developed a living document projecting 5 years into the future, outlining the necessary collaborative investments, development next-steps and future commercialization efforts. A market and risk analysis has been conducted in order to overcome competing solutions and best satisfy user requirements. We have divided the Business Plan in 4 subtasks:
Subtask 1 - Market analysis: We conducted a complete market research and analysis of the global desalination and water reuse sector, with a particular emphasis in European countries, including international and EU SM regulation.
Subtask 2 - Business opportunities: A stakeholder survey has been performed, which has helped us to complete a revised strategy for our pre-commercialization activities, the formalization of the necessary partner alliances, and all the activities to be carried out in order to get SolardeSaLt to success.
Subtask 3 - Financial projections: We have assessed the production costs and determined the selling price of SolardeSaLt. Later we developed three possible scenarios for our technology selling, including a “best”, a “conservative” and a “worst” scenario. We rigorously evaluated the possibilities and advantages over the competition, as well as the market barriers, the payback for our company and for the end users, and we have demonstrated theSolardeSaLt great commercial potential. Finally, we evaluated the economic needs for its development and demonstrated that Hydro Italia, with a 70% of EU funding, has the resources to complete the project.
Subtask 4 - IPR strategies: A deep evaluation and subsequent strategy of IP protection for SolardeSaLt technology and key features has been executed. A research of the State of the Art desalination technology has been performed as well as a FTO for the selected markets. We determined our commercial and IPR strategy according to the findings of this research, and we intend to protect our technology with a European patent in order to defend our innovations.

Final results

The technology implemented by Hydro Italia will improve the current technology of industrial water desalination, reducing the energy required for its evaporation and making cost-effective waste water pretreatment. This technological innovation is possible through a decrease of the pressure conditions of the boiling chamber, lowering the energy requirements for the water boiling temperature, and through the installation of renewable energy systems which will ensure at the same time the energy needs in terms of heat and electricity required to operate the system. The result is a compact and energy-independent evaporation system which in actuality has never been achieved in the market. It will be a disruptive technology with a great potential for market penetration.

Website & more info

More info: http://www.hydroitalia.com/.