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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.

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

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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