Objective
Modvion AB is a company founded in 2016 with the purpose of developing and constructing a wood-made modular wind turbine tower. Further to its founding, the Modvion team grew constantly, highly specialized people joining the company. This led to the development of our first patent and to other patent application with pending status.
We are bringing to market a modular wind turbine tower made from laminated wood (LVL). Our technology allows towers to have a larger diameter base which increases its strength properties and supports a larger tower. By using engineered wood such as LVL, we are able to develop a structure 53% stronger than its steel counterpart and be part of getting wind turbines to even larger heights.
Our turbine tower can go well beyond 150 meters in height and can support a 350 tons heavy nacelle and turbine. Our turbine tower outperforms existing solutions on the market, such as steel and concrete wind towers, in terms of specific strength, operational costs, maximum height and many more.
In terms of environmental impact, our product shows a zero impact and, compared to alternatives, this impact goes well beyond what is available on the market. As a system made of wood, our turbine tower hold the CO2 captured by trees during their growth and trapped in the tower. The amount of CO2 trapped in a Vultus tower is of 2,000 tons (in a 150-meter tower)
The main target of this Phase 1 is to improve our business plan, focusing on updating a previous market assessment. We want to update our business model based on the changes in the renewables market, with risk and IP assessment as secondary analyses.
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.
- social sciences economics and business business and management business models
- engineering and technology environmental engineering energy and fuels renewable energy wind energy
- agricultural sciences agriculture, forestry, and fisheries forestry
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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.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs
MAIN PROGRAMME
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H2020-EU.3. - PRIORITY 'Societal challenges
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H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies
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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-EIC-SMEInst-2018-2020
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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.
412 92 Goteborg
Sweden
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.