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THEAC 25 SIGNED

From heat to cold with THEAC-25®, the Thermo Acoustic Energy Converter.

Total Cost €

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EC-Contrib. €

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Partnership

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 THEAC 25 project word cloud

Explore the words cloud of the THEAC 25 project. It provides you a very rough idea of what is the project "THEAC 25" about.

generation    reg    recovery    600    fundamental    thermo    commercialise    consumption    cooling    market    residential    roi    co2    once    y4    projection    10m    soundenergy    ce    27    approval    price    fda    due    700    world    registration    energy    expenses    electric    climate    compressors    40m    units    follow    waste    reductions    global    11    b2b    brings    size    heat    leader    commercialization    yearly    pilot    traction    buildings    emissions    first    version    thermal    polluting    bv    27b    30    zero    billions    position    researcher    active    team    customers    strategy    netherlands    temperature    addressable    conditioned    power    sought    sales    gas    acoustic    air    maintenance    fourth    2021    commercialisation    marking    industrial    space    saving    electricity    50    senzora    launching    tested    refrigerants    contemplated    16    kg    acoustics    company    multidisciplinary    converting    gain    25    theac    breakthrough    worldwide    cold    20k    introduces    near   

Project "THEAC 25" data sheet

The following table provides information about the project.

Coordinator
SOUNDENERGY BV 

Organization address
address: KOPERSTEDEN 24 6, EN 6A
city: ENSCHEDE
postcode: 7547 TK
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 Netherlands [NL]
 Project website https://www.soundenergy.nl/
 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 2019
 Duration (year-month-day) from 2019-01-01   to  2019-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SOUNDENERGY BV NL (ENSCHEDE) coordinator 50˙000.00

Map

 Project objective

Due to climate change, space and process cooling is becoming the worldwide problem of the near future. With the raising of the average temperature, active air-conditioned cooling is needed throughout the year leading to high costs on electric power consumption (over 30% of the global electric power consumption in Europe, which means €27 billions), on maintenance for compressors as well as on the use of polluting refrigerants and its registration expenses. SOUNDENERGY BV introduces a breakthrough technology that brings a fundamental change in cooling buildings without using electricity or gas. Our company, based in The Netherlands, have a multidisciplinary team, with a well-known world leader researcher of Thermal Acoustics. Currently, we are developing the second generation of THEAC-25®converting heat into cold by using thermo acoustic technology. Our focus is to be able to provide climate control of buildings and industrial processes with zero CO2 emissions, saving 50% in energy consumption, which means between 5,000 - 20,000 kg of CO2 emissions/yearly reductions. The first version of THEAC-25® has been tested with some launching customers such as SENZORA BV. Pilot testing of the second generation of THEAC-25® with potential customers, will be contemplated as part of our commercialisation strategy. CE marking and FDA approval is sought to be able to commercialise on a global scale. SOUNDENERGY will follow a B2B approach to efficiently deliver climate cooling for industrial waste recovery as first target market (€600-700 M). Once we gain traction and market position we will focus on the space cooling for residential and non-residential buildings (€1.27B). We will be able to reach an addressable market size for waste heat recovery only in Europe of over €10M in 2021. Over 2,000 units of THEAC-25® and €40M sales projection has been estimated for the fourth year of commercialization (price €20k/per unit in Y4), with a ROI of 11.16

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The information about "THEAC 25" are provided by the European Opendata Portal: CORDIS opendata.

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