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Towards a SOLAR enerGy Efficiency of 45 %

Objective

The overall objective of the SOLARGE45 project is to accelerate the market introduction of a new Concentration PhotoVoltaic (CPV) technology, called the MF45 System, which yields the highest efficiency all year round, without giving up simplicity, and therefore enables the lowest manufacturing costs. The MF45 System will be capable to convert the equivalent of 45% of the direct sun light into clean electricity at costs equivalent to those of conventional sources (CO2 intensive). This represents conversion efficiency increases of 30% and 60% relative to other commercial CPV systems and FP systems, respectively.
As result of the SOLARGE45 project, LPI aims to become a worldwide reference manufacturer and supplier of a novel CPV System able to generate profits in large-scale utility solar plants, and without the support of government policies backing up clean electricity. This will bring a positive impact in the challenge stressed in the 'Secure, Clean and Efficient Energy' Work Programme: low-cost, low carbon electricity supply.
Through the Phase 1 of the SME Instrument LPI will be able to assess the industrial and commercial feasibility of the business innovation project proposed for introducing the MF45 System into the market. The specific objectives that must be achieved in the course of the Feasibility Study are the following:
- To define the MF45 System specifications needed to assure long-term-performance under real operation conditions to guarantee product bankability and standard certification
- To assess different product-development and industrial process pilot plant alternatives with optimal quality within cost and reliability balance
- To identify the specific operational and financial resources and/or partners to cover the whole MF45 System manufacturing and commercialisation
- To assess the feasibility of the preliminary Market Strategy and Commercialisation Plan, by an in-depth study of the MF45 System market size and barriers.

Fields of science (EuroSciVoc)

CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: https://op.europa.eu/en/web/eu-vocabularies/euroscivoc.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

SME-1 - SME instrument phase 1

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-SMEInst-2014-2015

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Coordinator

LIGHT PRESCRIPTIONS INNOVATORS EUROPE SL
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 50 000,00
Address
CAMPUS DE MONTEGANCEDO UPM - EDIF CEDINT S/N
28223 POZUELO DE ALARCON - MADRID
Spain

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Comunidad de Madrid Comunidad de Madrid Madrid
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 71 429,00
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