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Groovy new solar technology may be future of renewable energy: Research - Vimarsana News

Groovy new solar technology may be future of renewable energy: Research

An innovative 3D solar-cell design with a radically different architecture which drives down the costs of cell manufacture may define the future of renewable energy as it potentially reduces optical losses within a device, according to UK scientists.

Power Roll celebrates raising £5.8m of funding over six months - Vimarsana News

Power Roll celebrates raising £5.8m of funding over six months

Published: 15 Feb 2021, 13:35 By: Image: Power Roll. Flexible solar company Power Roll hailed the success of two funding rounds, with a total £5.8 million investment to enable the company to scale-up manufacturing. It received equity investment from 7 Ventures (i7v), Kero Development Partners and RAB Capital of £3 million. Additionally, it converted £1,250,000 loans into equity as part of the government’s Future Fund scheme. The Future Fund scheme was launched to support businesses affected by COVID-19, including those pre-profit that rely on equity investment. The scheme i...

UK solar innovator planning unique thin film pilot - Vimarsana News

UK solar innovator planning unique thin film pilot

UK solar innovator planning unique thin film pilot UK-based company Power Roll has picked up £5.8 million in investment over the past six months and plans to begin pilot production this year. The company has developed a unique flexible thin-film technology, which promises to combine both solar generation and storage.Power Roll, a technology startup based in the north of the UK, this week announced that it has raised £5.8 million (US$8 million) from various investors over the past six months, and expects to begin pilot production of its flexible thin-film PV technology later this year. "The ...

Power roll: bringing cheap solar power to Africa and India - Case study - Vimarsana News

Power roll: bringing cheap solar power to Africa and India - Case study

Artist's impression of flexible solar film deployed on rooftops in Africa Power Roll has installed two mini solar grid systems in rural locations in Africa and India. These grids demonstrate the use of their innovative solar film and energy storage technologies that have the potential to disrupt the global solar power market. Paul Laidler, project lead at Power Roll, explained: The mini solar grid systems use flexible solar PV that is thin, light, easy to install and can be used off-grid. This makes it very attractive to communities who might struggle to get access to technology, part...

Source: gov.uk
Business Durham invests over £1 million in local firms in 2020 - Vimarsana News

Business Durham invests over £1 million in local firms in 2020

Sarah Slaven and Councillor Kark Marshall THE Finance Durham Fund has invested over £1 million in five businesses to grow in or move to County Durham over the last twelve months. Established by Durham County Council in 2017, Finance Durham is a £20m investment fund overseen by Business Durham and managed by Maven Capital Partners, to help businesses to accelerate growth in the county. The fund provides debt and equity funding to support businesses of all sizes from a variety of sectors, and is aimed at companies looking to scale up, create jobs and add economic prosperity in County D...