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Polarsol Phase One

Disrupting the energy market with the innovation in solar heating

Total Cost €

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EC-Contrib. €

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Partnership

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 Polarsol Phase One project word cloud

Explore the words cloud of the Polarsol Phase One project. It provides you a very rough idea of what is the project "Polarsol Phase One" about.

customers    made    objects    marketing    serves    diversity    b2c    opportunity    solar    plants    provides    payback    estonia    malta    thin    emphasis    segments    diverse    price    chain    roi    options    b2b    spas    demand    buildings    scalable    houses    international    investments    special    highest    cycle    ukraine    cold    market    base    heating    purposes    exchangers    pursued    handled    exchanger    russia    reduce    attractive    paid    energy    storage    itself    district    recuperation    steel    subventions    cooling    thorough    easily    finland    climate    local    renewable    sales    stainless    global    competitive    heat    channels    surveys    significantly    hybrid    attract    waste    innovation    solutions    modifications    industry    core    network    markets    private    cheaper    polarsol    variety    effort    first    supplied    constantly    little    industrial    customer    can    czech    concentrate    record    full    piloted    shorten    story    goals    clean    republi    mainly    sheet    patented    multiple    time    poland   

Project "Polarsol Phase One" data sheet

The following table provides information about the project.

Coordinator
POLARSOL OY 

Organization address
address: NURMEKSENTIE 80
city: JOENSUU
postcode: 80100
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website http://www.polarsol.com/en
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3.3. (SOCIETAL CHALLENGES - Secure, clean and efficient energy)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-1-2015
 Funding Scheme SME-1
 Starting year 2015
 Duration (year-month-day) from 2015-07-01   to  2015-12-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    POLARSOL OY FI (JOENSUU) coordinator 50˙000.00

Map

 Project objective

Can the renewable energy be attractive without subventions? Currently it’s not, since the existing solutions do not provide energy at a competitive price level. PolarSol has developed the first solar heating system capable of operating around the year even in cold-climate conditions. Moreover, it provides energy that is cheaper than district heating! The innovation is based on the patented heat exchanger made from thin stainless steel sheet. This unique element serves as a core for all processes within a full-cycle hybrid system, including heating, cooling, waste heat recuperation, and energy storage. Using same element for multiple purposes allows customers significantly reduce investments, shorten payback time and increase ROI. For most of objects the payback time is 3-5 years, which is by far the industry record. The system has already been piloted in Finland, Estonia, Czech Republiс, Poland, Malta, Ukraine and Russia for a variety of objects including private houses, industrial plants, spas and multi-story buildings. The system is easily scalable and can be supplied both to B2C and B2B markets. However, so far PolarSol has paid little attention on focusing marketing and sales effort in order to attract as diverse customer base as possible. The diversity has provided us better opportunity to test different system modifications. One of the main goals of the project is to identify customer segments with the highest market potential with special emphasis on B2B market. This goal will be pursued in Phase 1 by means of market surveys and thorough analysis of available options. The whole delivery chain is so far mainly handled by PolarSol itself. The goal of Phase 2 is to develop the international network of partners and local representatives and build up effective sales and distribution channels. This will allow PolarSol better respond to the constantly growing demand for heat exchangers and concentrate on developing new clean energy solutions for global challenges.

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The information about "POLARSOL PHASE ONE" are provided by the European Opendata Portal: CORDIS opendata.

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