Green Assist: Promoting sustainability through next-gen thermal technology

Addressing the need for sustainable insulation practices, ENERGAID aims to introduce a new solution for the air conditioning of confined spaces. With support from Green Assist, ENERGAID is well-positioned to bring its solution to the construction market. 

Through the adoption of active thermal insulation technology, the project introduces its next-generation prefabricated enclosures (i.e. roofs and walls) to help regulate internal temperatures in buildings and greenhouses, using thermal waste and locally available renewable energy sources. Through practical trials, the prefabricated enclosures have proven to be effective in maintaining controlled temperatures with minimal material usage and using exclusively renewable thermal energy. 

The main benefit of the technology lies in combining insulation and thermoregulation, using renewable sources. This approach not only reduces emissions but also ensures well-conditioned environments. For greenhouse applications, ENERGAID’s technology can significantly reduce energy consumption and improve the use of semi-closed environments. This in turn can help conserve water and reduce pesticides more effectively. Overall, the technology opens up new opportunities for greater sustainability and productivity, while lowering production costs and the risks associated with unstable energy markets. 

As the technology demonstrated great potential, ENERGAID decided to take the next step and requested Green Assist’s services. Consequently, the project qualified to receive free tailored support from October 2023 to May 2024. A specialised and experienced expert from the Green Assist Roster of Experts provided the necessary advisory support to successfully move forward.

Green Assist provided advisory support on financial modelling as well as market analysis. The support included the development of a procurement strategy and a ‘proof of concept’ prototype, in full compliance with the Do No Significant Harm (DNSH) principle.

The Green Assist expert helped the project team to identify and assess key indicators to create effective investment plans. These indicators covered both energy and economic aspects, with a focus on greenhouse crop markets and refurbishing existing buildings,

The expert also carried out a comprehensive comparative analysis of these indicators against leading alternative technologies, focusing on their impact and sustainability at EU level. 

Another key area where Green Assist made a significant contribution related to the business validation and modelling, which helped determine the project’s competitive positioning. Finally, Green Assist developed a business plan and a strategy for approaching private equity investors.

Following Green Assist’s support, ENERGAID is seeking industrial collaborations to develop energy refurbishments of existing buildings in the EU market. ENERGAID is also planning to produce transparent prefabricated panels in northern Italy. These panels act as a thermal barrier, enabling the use of thermal renewable sources. The idea is that the panels lead to the phasing out of fossil fuel-based techniques that contribute to climate change. 

Franco Venturini, CEO of ENERGAID, was pleased with Green Assist’s support, commenting: 

‘The assistance provided by the expert has been relevant and included in-depth insights. I believe that the new version of the business plan can be appreciated, both for financial prospects and the scale of the expected impacts. The plan perfectly meets the needs of industrial partners and international investors’

Green Assist aims to build a pipeline for high-impact green investment projects in sectors related to biodiversity, natural capital and circular economy, as well as in non-environmental sectors.

Learn more about how Green Assist can help you get free tailored support for your green project or contact us at  cinea-green-assistec [dot] europa [dot] eu (cinea-green-assist[at]ec[dot]europa[dot]eu). To request advisory services from Green Assist, simply  fill out this short form.