2019 - 2021

2019-2021: Proof of principle experiments Application for Patent Funded by Cyprus Seeds (70k) through the project SOLEX at the University of Cyprus. 

2022: Publishing of research work, presenting at Conferences, preparation for commercialization out of the University.


Jan-Jun: Publishing of research work, presenting at Conferences, preparation for commercialization out of the University

July: Becomes part of the 10th round of egg (enter, go, grow) the most successful accelerator in Greece. Expanding our network in Greece and to the Balkan region that closely collaborates with egg. 

September: Awarded US Patent for PID sensor.

November: Funding from the Research and Innovation Foundation (RIF) PRE-SEED program for the “Creation and Initial Development of Startups with International Orientation”. Grant award number: PRE-SEED/1221/0095.

October: IQ3SOLAR LIMITED incorporated with four founders with over 20 years of combined managerial, and technological research experience in the photovoltaic field.

December: Certified as an Innovative SME in Cyprus which provides tax incentives for prospective investors.


February: Joined Techisland Cyprus. This is the largest non profit IT association and networking in Cyprus providing opportunities to attract angel investors.

April: Decision to grant European Patent for the degradation sensor by the EPO (European Patent Office).

May: iQ3SOLAR signs worldwide, exclusively and for the lifetime of the patent, licensing agreement with the University of Cyprus.

May: Selected as one of the twelve startups to pitch at the Wolves Summit (Wroclaw Poland) as part of the Ventures Thrive program.

September: Admitted to the Youth Innovation Factory

October: Selected as one of the five teams from Cyprus for a subgrant (€10,000) for developing a residential PV monitoring solution through the European U-SOLVE ENI-CBCMED project

November: Winner of the Cyprus Entrepreneurship Competition (CyEC) - accelerator program


iQ3Solar provides the tools based on proprietary sensor and AI/ML algorithms to give PV system operators insight and decision making for maximizing their profits. We can provide it through our platform or integrate the tools through existing platforms using APIs.

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4001, Limassol, Cyprus
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“The Project PRE-SEED/1221/0095 is funded by the European Union Recovery and Resilience Facility of the NextGenerationEU instrument, through the Research and Innovation Foundation”