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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.

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

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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