Objective
The DP Renewables project aims to commercialise a range of innovative, hydrokinetic turbines that will offer a reliable solution for generating zero-carbon energy from rivers, estuaries and canals. The range of products to be launched on the market in February 2020 comprises of two different sized turbine devices, 25Kw and 60Kw respectively, which are specifically designed to cater to a niche, ‘low-power’, small-scale energy generation market.
DP Renewables stems from the success of ‘HydroKinetic-25’, the SME Instrument Phase 1 project implemented by DesignPro in March-September 2016 that served to prove this innovative idea’s economic viability and define a business plan to bring it to market. Phase 2 will see this strategic and validated business plan implemented and the realisation of a project that will have significant positive impact on societal, economic and environmental issues. The project will cater to those with a suitable deployment site, meeting their need for energy security and independence, reducing reliance on imported fossil fuels and lowering carbon emissions.
The project is fully aligned with the growth strategy of the SME and is regarded as a major stepping-stone towards consolidating its international presence while becoming a recognised contributor to the renewable energy spectrum. Despite its large resource potential, hydrokinetic energy is still largely untapped with only 5% exploited to date. Europe, as well as many countries around the world, is rich of small and medium-sized rivers and straits between islands. Existing technologies require very fast flow speeds and large deployment spaces in order to make turbine outputs viable. This cuts off a large majority of the available market from having a feasible solution to use. Our project, DP Renewables, offers this solution, enabling Europe and the world to utilise an abundant, highly accessible resource by harnessing cost-efficient, clean and reliable energy for users.
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 electronic engineering control systems
- engineering and technology electrical engineering, electronic engineering, information engineering electrical engineering power engineering electric power generation
- engineering and technology environmental engineering energy and fuels fossil energy natural gas
- natural sciences physical sciences classical mechanics fluid mechanics fluid dynamics computational fluid dynamics
- engineering and technology environmental engineering energy and fuels renewable energy hydroelectricity
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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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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-2 - SME instrument phase 2
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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
See all projects funded under this callCoordinator
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.
V94 E5C0 Rathkeale Limerick
Ireland
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.