Objective
Solar Polar is an established product development company that specialises in innovative solar heating and cooling technology. The company’s main focus to date has been the development of an innovative low cost solar cooling technology.
Our innovative technology, for which we have been awarded a US patent, features a novel application of solar absorption to generate cooled air that requires no electrical input and has no moving parts. Following successful laboratory and field trials (TRL6), we are confident that our innovative system offers cooling with no running costs, payback of less than 2 years (in Southern European dwellings), an operational life of 30+ years and zero carbon emissions.
Our system’s competitive advantages will have worldwide appeal driving our sales (and EU exports). Presently, large industrial non-EU firms dominate the air conditioning market. Solar Polar’s ambition is to become a world leader in the supply of solar cooling from within the EU. Outputs and outcomes from our overall innovation project will provide a platform for introduction of our cooling technology to European and worldwide markets. Our business case shows a turnover of over €40m per annum by 2022 with a net profit of €10m and the creation of 300+ jobs.
The primary markets for our new system are the markets for cooling dwellings, small to medium sized offices and retail premises. The European and global market for cooling is growing strongly due to climate change, rising incomes and increasing urbanisation. Our system has the potential to help over 800 million households located in areas with sufficient levels of direct solar insolation, about 50% of the estimated number of households in the world.
The challenge is to introduce to the market a new cooling technology. Our Phase 1 project will enable us to develop our commercialisation and demonstration strategy and our technology and manufacturing route map; it will also enable us to develop our business plan further.
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: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering energy and fuels renewable energy
- engineering and technology mechanical engineering thermodynamic engineering
- agricultural sciences agriculture, forestry, and fisheries agriculture
- natural sciences earth and related environmental sciences atmospheric sciences climatology climatic changes
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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.
PE1 3PA PETERBOROUGH
United Kingdom
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.