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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.

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

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.

For instance: the website url (it has not provided by EU-opendata yet), the logo, a more detailed description of the project (in plain text as a rtf file or a word file), some pictures (as picture files, not embedded into any word file), twitter account, linkedin page, etc.

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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