Project Solis

💎 Idea

Tell us about your idea here. Explain the problem and how you're going to solve it.

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Improve the existing business standard methods for estimating the solar potential of specific locations which opens up a variety of different novel use cases. The existing tool (PVGIS) uses outdated data so leveraging new European data sources such as Sentinel 2 paves the way to new possibilities for estimating the solar potential of specific micro-locations (whereas the current applications only measure wider areas). 

In detail, our Unique Selling Points are: 

- micro location

-  enabling green investments

- connecting banks with the best targeted customers

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🛰️ EU space technologies

Highlight the data, information or signals you are using/intend to use in your idea. Include some information on how this brings value to your idea

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Data currently used involve the following: 

- PVGIS: current EU dashboard to estimate solar power potential on wide areas 

- Sentinel 2 (European Space Data Source): satellite constellation to estimate the cloud coverage of the required micro-location 

In further developments we expect to integrate: 

- Copernicus-dem digital elevation model (COP-DEM): another European Space Data Source to be integrated to exploit the Digital Surface Model (DSM) representing the surface of the Earth (including buildings) to have an even more precise estimate. 

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🏦 Space for the Financial World

Which of the 3 challenges are you solving, and how does this contribute to solving the problems faced in finance, insurance and investments?

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Challenge 1: enabling green and sustainable investments

The service enables more responsible and impactful investments in Earth’s renewable energy by targeting micro-locations and assessing the solar potential in a narrower area than current tools allow to do. 

This is relevant for insurance companies and banks as it allows them to: 

- finetune interest rates for insurance offers

- identify top 1% location for renting lands for solar power 

- detecting roof slope and size to reduce workload and improve safety for onsite engineering

- secure the best location for community solar projects

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🤼 Team

Tell us who is in your team, what role they have (e.g. coder/designer), and a 1-2 sentence bio.

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We are a dedicated international team of 4 slovenian and italians people: 

- Tadej Magajna: backend developer & product strategist

- Uroš Šavelj: front end developer  

- Eric Solinas: backend developer  

- Isabella Dario: data scientist

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TRY IT OUT YOURSELF: http://35.195.67.116/ ______________________________________________________________________________

LINK TO THE PRESENTATION: https://prezi.com/view/GKIXznq6Vb4cBj8vrWDX/