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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.

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

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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