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SSR SIGNED

Voltage Shield Stabilizer Regulator

Total Cost €

EC-Contrib. €

Partnership

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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.

thanks investment move 19m small innovative standards global mobile ssr stabilize 20 never distributors position industrial renewable fact energy staff consequent industrialized ebidta entities res unstable competing generation brushless stabilizers castoldi properly 0m losses mentioned adjusts performance coil mission sources circuited isolated 44 electricity electrical cumulative power sized unpredictable distributed 10 8 29 creates finalize dynamically figures grids medium hire nominal emissions differently continuous regulations strengthens voltage highlighted moretti automatically regulator magnetic shield countries stabilizer roi made alters amorphous commercialize fixed market plusmn savings demand materials fluctuations 12 competitors co2 electric 970k civil revenues entering disadvantages motor limit 21 y5 y1 solutions core

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 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.	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.