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SSR SIGNED

Voltage Shield Stabilizer Regulator

Total Cost €

0

EC-Contrib. €

0

Partnership

0

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 SSR project word cloud

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

29    core    nominal    sources    plusmn    y1    staff    losses    castoldi    12    automatically    unpredictable    regulations    savings    electricity    fluctuations    ssr    thanks    alters    never    competitors    mentioned    strengthens    adjusts    19m    continuous    performance    finalize    motor    differently    res    roi    commercialize    hire    co2    coil    solutions    innovative    creates    mobile    generation    energy    moretti    standards    magnetic    fact    44    stabilizer    20    consequent    electrical    properly    disadvantages    electric    figures    circuited    revenues    demand    materials    competing    made    21    industrial    small    amorphous    investment    ebidta    y5    distributed    0m    global    shield    emissions    civil    unstable    industrialized    stabilize    position    voltage    entities    brushless    grids    mission    market    entering    limit    10    countries    medium       renewable    stabilizers    distributors    regulator    cumulative    970k    dynamically    isolated    move    sized    power    highlighted    fixed   

Project "SSR" data sheet

The following table provides information about the project.

Coordinator
CASTOLDI & MORETTI SRL 

Organization address
address: VIA VITTOR PISANI 28
city: MILANO MI
postcode: 20124
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 Italy [IT]
 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 2019-12-01   to  2020-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    CASTOLDI & MORETTI SRL IT (MILANO MI) coordinator 50˙000.00

Map

 Project objective

The mission of Castoldi&Moretti (C&M) is to design, produce and commercialize devices for electrical grids’ control and in particular voltage stabilizers and other devices that have similar aims.

The growing % of unstable and unpredictable renewable energy sources (RES) used for power production and the wider presence of distributed generation alters the current standards for electric grids and creates further disadvantages in terms of voltage fluctuations, and thus strengthens the demand of voltage stabilizers in industrialized and emerging countries.

The innovative voltage stabilizer SSR-Shield Stabilizer Regulator can stabilize the voltage level at the nominal value for fluctuations up to ±20% (compared to ±10% of competitors).

Differently from current solutions available on the market, in SSR the voltage is controlled in continuous way and not by steps. This is done by means of a brushless motor that automatically and dynamically adjusts the position of a mobile isolated, short-circuited coil over the fixed coil in the magnetic core.

The other very innovative element is the fact that its magnetic core will be made of amorphous materials, which limit losses (-20%) with consequent 20% energy savings and 8% CO2 emissions.

In terms of revenues, they will move from 3,0M€ in Y1 to 21,0M€ in Y5, and cumulative EBIDTA will be 20,19M€ by Y5. With a further investment of 970K€ to finalize SSR, the ROI will be 12,44. Thanks to the above-mentioned figures, C&M will be able to hire 29 new staff.

It has to be highlighted that C&M aims not only at entering the current global market for voltage stabilizers but at creating a new market that, because of the high costs and low performance of competing solutions has never been properly addressed.

This new market comprises small and medium sized industrial and civil entities as well as electricity distributors, for which SSR could solve their issues in voltage regulations.

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

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