Objective
The SOLENCO POWER BOX TM (SPB) eliminates the uncertainty in supply and cost of energy for family homes and commercial buildings by using small-scale energy storage based on hydrogen technology, in combination with renewable energy sources (wind and solar PV). The SPBTM is a Decentralized Power Production & Storage Device and enables a shift in the energy model from central distribution to local generation and distribution while stabilizing the grid and hence enabling higher penetration (up to 100%) solar PV energy. The product enables EU households to be 100% independent from the grid and 100% independent from price fluctuations in fossil fuels. It is the missing link for mass uptake of residential PV solar and your insurance against rising energy prices.
The goal of Phase 1 of the SME instrument is to define, prioritize, and validate the application, value proposition and target market(s) for the product to draft an elaborated Business and Financial Plan. The objective is to use this Business and Financial Plan to convince potential investors to invest additional equity capital in the SPBTM to fund the mass-production and mass-commercialization of the product.
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.
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.
- natural sciences chemical sciences electrochemistry electric batteries
- social sciences political sciences political policies civil society civil society organisations nongovernmental organizations
- social sciences economics and business business and management business models
- engineering and technology environmental engineering energy and fuels renewable energy hydrogen energy
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Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
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H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy
MAIN PROGRAMME
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H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
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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.
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.
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.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
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.
2460 Kasterlee
Belgium
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.