EU Grants €4.3 Mn for an Innovative Solar Energy Technology Research

By Nikita Chaurasia  | Date: 2020-10-07

EU Grants €4.3 Mn for an Innovative Solar Energy Technology Research

For the past few years, a specifically designed molecule and an energy system with exclusive abilities for capturing and storing solar power have been developed by a researcher’s group from the Chalmers University of Technology in Sweden. An EU project which is led by Chalmers will create prototypes of the new technology for large scale applications like heating systems in residentials.  EU has granted 4.3 million Euros for the project.

To use solar energy to its fullest, they need to be able to store and release it on demand. Researchers from the Chalmers University of Technology have shown in several scientific articles over the past few years that how their uniquely designed molecule and solar energy system, called Molecular Solar Thermal Energy Storage System (MOST) can deliver a solution to that challenge and turn out to be an important tool in the transformation to fossil-free energy.

The technology has developed great interest globally. With the MOST system, solar energy can be captured and stored for around eighteen years. It can be conveyed without any major losses and then released whenever and wherever needed. The results achieved by the researchers in the lab are clear, but more experience is needed now to observe how MOST can be utilized in real applications and on a large scale.

Kasper Moth-Poulsen is the research leader and professor at Chalmers’ Chemistry and Chemical Engineering Department and the project coordinator. He stated that the EU project’s goal is to create prototypes of MOST technology to validate the potential for large scale production and enhance the system’s functionality.

In the project, the technology will be developed to become less expensive, more efficient, and greener, further moving towards products that can be utilized for real applications. Strong research teams from universities and institutes in Denmark, Germany, Sweden, and the United Kingdom will come together.

Kasper Moth-Poulsen claimed that with the funding from the EU, the development the researcher can do in the MOST project can lead to new emission-free and solar-driven solutions for heating in industrial and residential applications. He confirmed that the project is heading into a very crucial and exciting phase.

 

Source: https://news.cision.com/chalmers/r/groundbreaking-research-into-solar-energy-technology-develops-through-new-eu-project,c3209489

About Author

Nikita Chaurasia     aeresearch.net

Nikita Chaurasia

An accomplished professional in the field of content development, playing with words comes naturally to Nikita Chaurasia. After completing her post-graduate MBA degree in Advertising and PR, Nikita worked across numerous content-driven verticals, undertaking diverse r...

Read More >>

More News By Nikita Chaurasia

WeWork India rectifies glitch that revealed visitors’ personal data

WeWork India rectifies glitch that revealed visitors’ personal data

By Nikita Chaurasia

WeWork Inc., a flexible workspace solutions company, has reportedly corrected a security flaw that gave unrestrained access to the personal details and selfies of several users who visited its coworking spaces. Sandeep Hodkasia, a security consult...

China’s Great Wall Motor suspends USD 1 Bn investment plan in India

China’s Great Wall Motor suspends USD 1 Bn investment plan in India

By Nikita Chaurasia

After failing to get regulatory permits, China's Great Wall Motor has reportedly abandoned its plans to invest USD 1 billion in India and has fired all employees from its Indian facilities. The Chinese automaker had planned to penetrate the India...

Walmart to double down on frictionless optical care with Memomi buyout

Walmart to double down on frictionless optical care with Memomi buyout

By Nikita Chaurasia

Walmart Inc. is reportedly planning to acquire the augmented reality optical tech firm Memomi, reflecting the retailer’s commitment to offering frictionless and omnichannel optical care. The buyout could potentially allow Walmart to offer a fun...

Google faces antitrust lawsuit from Danish job search entity Jobindex

Google faces antitrust lawsuit from Danish job search entity Jobindex

By Nikita Chaurasia

Google LLC was reportedly hit with an antitrust case by Jobindex, a Danish online job-search rival, that took its grievance to European regulators asserting that Alphabet Inc.’s subsidiary is unjustly favoring its job-search engine. The comp...

EU vows USD 630 Mn aid to vulnerable countries amidst Ukraine-conflict

EU vows USD 630 Mn aid to vulnerable countries amidst Ukraine-conflict

By Nikita Chaurasia

The European Union has reportedly pledged USD 630 million to support weaker nations to tackle food scarcity that was made worse by Russia's assault on Ukraine. The funds include USD 368 million in aid to increase long-term sustainable food produc...