Power Roll Secures £1M for Low-Cost Solar Film

Aug 21, 2023 12:53 PM ET
  • Power Roll has secured an investment of £1 million to expand their patentedMicrogrooves technology andcommercialize their affordable and efficient flexible solar film worldwide. Their solar film can produce cost-effective electricity for a variety of applications.

Power Roll, a developer of lightweight flexible solar films, has recently secured an investment of £1 million. The funding was led by Maven Capital Partners and included two investments from Maven-managed regional funds. Power Roll has developed a patented low-cost and high-resolution conductive surfaces Microgrooves technology. The investment will enable the business to embark on a program of growth and commercialize its innovative solar film on a global scale. Power Roll's film can produce ultra-low-cost green electricity that is significantly cheaper than existing flexible solar photovoltaic (PV) technologies. It is suitable for a variety of applications including non-load-bearing rooftops, building integration, transport, portable applications, and off-grid projects.

How Did Power Roll Secure £1 Million Investment?

  • Power Roll's patented Microgrooves technology is a low-cost, high-resolution conductive surface that is flexible and can be used to produce ultra-low-cost green electricity.
  • The £1 million investment will enable the business to expand and commercialize its revolutionary solar film on a global scale.
  • Maven Capital Partners led the funding, which also included investments from Maven-managed regional funds.
  • As well as power generation, Power Roll's film is suitable for a wide range of applications, including non-load-bearing rooftops, building integration, transport, portable applications, and off-grid projects.

The investment in Power Roll allows the company to accelerate the development of its technology and further its mission to help reduce the cost of renewable energy generation.

Tags:

783


SOLAR DIRECTORY
Solar Installers, Manufacturers