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Drive your Electric Vehicle with the Power of the sun

Sector: Power Generation (CCGT) • Location: Austria

Source: EU Funding & Tenders Portal

Project
Ended

Electric cars will grow at impressive rates until 2030. In this context big investments are being done in the installation of charging points. These only use power from the grid, which presents three key drawbacks: capacity expansions in the power grid operator are needed, expected increasing power prices will make driving expensive and electric mobility will not be carbon free. Meanwhile, solar

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The project “Drive your Electric Vehicle with the Power of the sun” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Austria. Taiyo aggregates data on it from EU Funding & Tenders Portal.

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Description

Description

Electric cars will grow at impressive rates until 2030. In this context big investments are being done in the installation of charging points. These only use power from the grid, which presents three key drawbacks: capacity expansions in the power grid operator are needed, expected increasing power prices will make driving expensive and electric mobility will not be carbon free. Meanwhile, solar photovoltaic has seen a great evolution in the past years where the price of panels has drastically decreased. This offers an opportunity to use solar energy for direct electric vehicle charging at low energy costs. However, solar carports have not been developed at industrial scale because it remains expensive due to engineering efforts to integrate the solar modules in the carport structure, labor to assemble and install the systems and the use of heavy materials like steel to support the structure. We have created e-port, the integrated EV solar carport made as a modular system that can be installed anywhere hence eliminating engineering efforts and allowing to industrialize its production, decreasing assembly cost (by 80%). Furthermore, we offer a plug and play system that drastically reduce installation time (from 10 days down to 1), reduces energy cost by 25% and at last, it is produced with carbon fibre and aluminium instead of heavy materials such as steal. This unique material combination leads to a superior performance at lowest possible weight (45% lower vs. similar solutions). In the very dynamic market of electric vehicles (CAGR2018-2025 of 43.8%) that will reach €40 billion in 2025, we aim to create a very profitable project. With a total investment of €1.89 million, we expect to generate a R.O.I.2026 of 3.98, achieving payback in <3 years. We will achieve that by performing direct sales to large customers and will use a distribution network to reach more capillarity.

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