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OptiVerter SIGNED

Solving the triangle for solar mass adoption – Cost, Efficiency and Simplicity

Total Cost €

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EC-Contrib. €

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Partnership

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 Outcomes and results

 OptiVerter project word cloud

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

partnership    shading    competitive    grow    option    position    uniqueness    adoption    conversion    global    sales    triangle    satisfied    cagr    satisfy    installations    business    installed    instalment    combination    segment    balcony    xl    estimates    plugging    tolerance    tolerant    model    technologies    micro    kettle    progress    reg    competition    advantage    install    buildings    mlpe    projected    accelerator    b2b    recognitions    incumbent    solar    capability    mainstay    inverters    shade    power    energy    unconventional    gets    hightech    comply    technological    industry    mass    reaching    module    niche    consists    awards    enters    ripe    exists    annual    optimizers    retains    35    residential    bottleneck    simplicity    interests    inherent    national    team    significantly    solution    efficiency    optiverter    disrupt    2022    wishing    electronics    market    coveted    small    powerup    locations    people    more    awarded    made    rewarded    solutions    cheap    million    culminated    players    ubik    flexibility    time    sun    panels    winning    multiple    25bn    serves    microinverters   

Project "OptiVerter" data sheet

The following table provides information about the project.

Coordinator		 UBIK SOLUTIONS OU 

Organization address
address: REGATI PST 1
city: TALLINN
postcode: 11911
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 Estonia [EE]
 Project website http://ubiksolutions.eu/S350
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-09-01   to  2019-02-28

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    UBIK SOLUTIONS OU EE (TALLINN) coordinator 50˙000.00

Map

 Project objective

More people are looking towards solar as the best option to comply with EU energy efficiency targets for buildings. Therefore, time is ripe for solar to become a residential mainstay. However, to reach solar mass adoption – the triangle of solar should be satisfied.

The triangle of solar consists of simplicity, efficiency and cost. Today, solar panels satisfy the triangle, however a significant bottleneck exists in the industry for energy conversion (inverters) and instalment. The current solutions available satisfy, at best, two aspects. UBIK’s OptiVerter® technology gets the most out of the sun by making solar simple, cheap and shade tolerant. The OptiVerter® Technology serves as a unique combination of both incumbent MLPE technologies (Micro-Inverters & Power Optimizers). It retains the design flexibility inherent to microinverters and shading tolerance of power optimizers while being as simple as plugging in a kettle.

The global module level power electronics market is projected to grow significantly at 35% CAGR reaching €2.25bn by 2022. UBIK enters the market at a significant competitive advantage to the current solutions for the niche but growing segment of balcony solar. This is because of UBIK’s potential to disrupt Solar’s traditional business model (B2B) by offering the solution directly to people wishing to install solar on small-scale in unconventional locations (e.g. balcony).

UBIK Solutions’ team’s capability and technological uniqueness has been rewarded with multiple awards and recognitions. These range from winning the national PowerUP! competition to being awarded the highly coveted HighTech XL accelerator’s position. The progress made by UBIK has culminated in partnership interests by various key players in the MLPE market today.

UBIK Solutions estimates 35% of the new residential solar installed in Europe will use OptiVerter® technology for their balcony solar installations reaching €50 million in annual sales by 2022.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "OPTIVERTER" project.

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Send me an  email (fabio@fabiodisconzi.com) and I put them in your project's page as son as possible.

Thanks. And then put a link of this page into your project's website.

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

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