{"id":1028,"date":"2019-11-29T05:02:03","date_gmt":"2019-11-29T13:02:03","guid":{"rendered":"https:\/\/solarpowerinvestor.com\/?p=1028"},"modified":"2022-06-15T22:35:14","modified_gmt":"2019-11-29T13:02:12","slug":"uk-pv-company-raises-7-0m-to-commercialize-panels-that-capture-both-heat-and-light","status":"publish","type":"post","link":"https:\/\/solarpowerinvestor.com\/uk-pv-company-raises-7-0m-to-commercialize-panels-that-capture-both-heat-and-light\/","title":{"rendered":"UK PV Company Raises $7.0M to Commercialize Panels that Capture Both Heat and Light"},"content":{"rendered":"

Crawley, UK-based solar company Naked Energy<\/a> has secured a Series A worth $7M US (5.25M GBP) from Earthworm Group. <\/h2>\n\n\n\n

The company claims it can deliver a peak efficiency of 80%, converting 20% of the sun’s energy to electricity and 60% as heat. It adds the compact, innovative design of VirtuPVT means its solar panels require around 50% less space than conventional PV panels to generate exactly the same financial savings and around 300% less to deliver exactly the same carbon savings. <\/p>\n\n\n\n

It’s ‘Virtu’ technology generates both heat and power and can be said to be more effective than conventional solar photovoltaic products. <\/p>\n\n\n\n

Interesting pitch video of theirs from April, 2018 for their first round of capital through SyndicateRoom. <\/strong><\/h4>\n\n\n\n
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