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Greenverter a revolutionary power converter technology to reduce environmental and economic losses due to electro pollution

Objective

Our innovation is constituted by a family of smart inverters (Greenverters) with power ratings of 5, 10, 20 and 50kW that can convert electrical energy from various sources (e.g. solar, wind) to the power grid while improving the power quality. The innovative control structure can realise distributed generation of power from small, domestic renewable energy sources. Our cutting edge controller is capable of optimizing the working point of energy production, maintaining the optimal energy balance, implementing active power factor correction and lowering the extant harmonic distortion in power lines. In addition, it compensates the asymmetry as well as improves the power factor. This increases the lifetime of supplied electrical equipment and devices, reduces the damages, reduces the load of transformers, decreases the losses of energy transfer and enhances the overall efficiency. In addition, Greenverter also helps to significantly reduce extra penalties (typically between 25-50% of electricity bill) imposed by network operators to companies because of the poor power quality consumption (demand charge, penalty on low power factor). Greenverter’s energy optimization also reduces the harmful electromagnetic emissions and thus has a positive impact on the environment. In the Phase 1 project we aim to carry out a feasibility study to prove the technological and economic viability of our project. The success of this proposal will promote the growth of our company.

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.

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Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

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.

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.

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.

(opens in new window) H2020-EIC-SMEInst-2018-2020

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Coordinator

CORECOMM SI SZOLGALTATO ES KERESKEDELMI KORLATOLT FELELOSSEGU TARSASAG
Net EU contribution

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.

€ 50 000,00
Address
PIRAMIS UTCA 9
8200 VESZPREM
Hungary

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Region
Dunántúl Közép-Dunántúl Veszprém
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

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.

€ 71 429,00
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