Power Roll Limited was established to develop and commercialise its highly innovative proprietary energy storage and energy generation technologies. Power Roll technologies exhibit a range of significant benefits and advantages over existing technologies such that it is likely that the technology can prove extremely disruptive across a wide range of applications and markets.
In 2011 Dr John Topping, the Company’s Chief Scientific Officer, developed the initial concept behind the Power Roll’s proprietary grooved based technologies and undertook initial proof of concept studies. In December 2012, John together with Saul Joicey co-founded and established Big Solar Limited (now Power Roll Limited) with some early stage seed capital.
In June 2013, the proposition was strengthened when Drew Johnson (Chairman), Ian McLeod (Non-executive Director), Gary Copeland (Non-executive Director) and Neil Spann (Managing Director) were introduced to the opportunity and provided the first significant investment. At that point activities were wholly focused on proving the concept of the solar PV technology, building and further strengthening the company’s IP and establishing the appropriate development team. By September 2015, the technology had been validated at lab-scale.
To support the need for additional equipment and resources a further equity fund raise was completed in November 2015. Since then the solar PV technology has been progressed and the Company has proven the concept behind its energy storage and nano-barrier technologies to the point where initial products are expected within a 12 to 15month period.
Power Roll has a strong intellectual property portfolio, with 15 different patent families already established. These patent families are spread across all three technologies with five directly related to Energy Storage, nine related to Solar PV and one focusing on the nano-barrier technology. Three of these families, including two patents covering the core architecture, have been granted across 46 countries including the USA and China as well as various European territories. Further patent information is available upon request.