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. 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.
- social sciences economics and business business and management business models
- engineering and technology environmental engineering energy and fuels renewable energy solar energy photovoltaic
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Keywords
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)
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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HORIZON.3.2 - European innovation ecosystems
MAIN PROGRAMME
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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.
HORIZON-CSA - HORIZON Coordination and Support Actions
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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) HORIZON-EIE-2022-SCALEUP-02
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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.
10243 Vilnius
Lithuania
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.