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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.

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

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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