Project description
Disruptive AI-based technology for sustainable PV energy
Photovoltaic (PV) energy is cost-effective. It can play a crucial role in eradicating energy poverty by enhancing efficiency and optimising PV system operation. The EU-funded SOLAR BABYSITTER project is pioneering disruptive AI-based technology for PV plant operations. The objective is to overhaul existing operation models, boost profitability, and align with the evolving needs of distributed energy generation systems. The project will introduce the technology to the market and establish a sustainable growth strategy. It is also developing a business model, exploring fundraising opportunities, and building a network of business partners. Additionally, the project will promote the involvement of tech-savvy women in the solar sector through its ‘Women Leading Tech’ campaign.
Objective
Team, led by women CEO Skirmante, is working on disruptive AI based technology for PV plants operation, able to fully replace existing operation models increasing profitability and adapting them to the distributed energy generation system needs. Innovative Energy Intelligence System is in the final stage of development (TRL6).
PV has already become recognized worldwide as the cost effective energy source, but it still bears huge potential for further cost reduction contributing to one of the greatest challenges for humanity - eradicating energy poverty. This is achievable through a twofold approach by increasing overall efficiency and improving operation of PV systems. This is where proposed innovative product - SOLAR BABYSITTER is stepping in addressing both cost categories.
Team main goal is to successfully and timely enter the market with the developed disruptive technology. This project is an initial step on a pathway to scaling up at accelerated growth scenario, supporting preparation for participation in EIC Accelerator. Team seeks to review and confirm business model, establish solid partnership basis for future business and to develop a sustainable growth strategy. To achieve this target, following project objectives were formulated:
1) PREPARE. To become an investment ready company, mentoring and coaching services are needed to gain skills and knowledge for timely upgrade of SOLAR BABYSITTER. Business model and growth strategy, a series fundraising and other analysis will be prepared for fast market penetration.
2) CONNECT. To establish a strong business partner network. To connect and attract the companies to market validation campaign. Participation and representation in the dedicated networking and pitching events organised by InvestEU, EEN and EIC Woman Leadership Programme, etc.
3) ENGAGE. To engage and attract tech-savvy women to the booming solar sector through campaign “Women Leading Tech” and wide interview-like dissemination events.
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.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques.
- social scienceseconomics and businessbusiness and managementbusiness models
- engineering and technologyenvironmental engineeringenergy and fuelsrenewable energysolar energyphotovoltaic
You need to log in or register to use this function
Keywords
Programme(s)
- HORIZON.3.2 - European innovation ecosystems Main Programme
Funding Scheme
HORIZON-CSA - HORIZON Coordination and Support ActionsCoordinator
10243 Vilnius
Lithuania
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.