Objective
Freescoo is the first plug and play, economically viable mass product for small scale (residential and small tertiary) heat/solar driven air conditioning system providing: heating, cooling, dehumidification and ventilation in a single unit. It is based on patented heat driven Desiccant Evaporative Cooling (DEC) open cycle, working with low temperature heat (55°C). This makes it possible to install the product in substitution of existing radiators / fan coils using the existing heat distribution network as heat source. Freescoo is the highest performing heat driven cooling solution (100% more efficient) and has Energy Efficient Ratio of 13 against max 8 of electricity driven solutions. It is 60% cheaper compared to Exhaust Air Heat Pump (EAHP), the only alternative solutions providing complete air conditioning solution in one device.
The target product is freescoo 2.5 kW cooling – 4,5 kW heating power unit, for a price of 3.600 Euro, margin of 45%. The market addressed is the substitution of 2 existing market solutions: EAHP mainly applied in passive and nearly zero energy consumption buildings; reversible and high efficient split units (room air conditioning), providing the add on ventilation. Preliminary market plan foresees 3.500 units sold after 5 years, with turnover of 12 M€, cumulated profits of about 8.7 M€, Internal Rate of Return of 41%. The manufacturing will be realized in agreement with a company involved in manufacturing of air conditioning plants and distribution in collaboration with manufacturers of solar thermal components, both already identified.
The technology was validated in relevant environment and recognized as one of the most promising heat driven cooling solutions by the expert group on Solar Heating and Cooling (SHC) Programme of the International Energy Agency (IEA). Objective of SME Instrument is to support product engineering, optimization of manufacturing, validation of the technology, definition of the commercial agreements.
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 electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power distribution
- engineering and technology mechanical engineering manufacturing engineering product engineering
- engineering and technology mechanical engineering thermodynamic engineering heat engineering
- engineering and technology environmental engineering energy and fuels renewable energy solar energy solar thermal
- engineering and technology electrical engineering, electronic engineering, information engineering electronic engineering control systems home automation
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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.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
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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-2016-2017
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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.
95030 SANT'AGATA LI BATTIATI (CT)
Italy
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.