Big Solar is delighted to announce that it has completed a further round of investment funding, securing £1.34m of equity investment. This funding will allow the company to invest in additional capital equipment, staff and accelerate programmes of work with our development partners in order to further the development of Power Roll and certain adjacent technologies.
Big Solar continue to strengthen their team and are pleased to announce the appointment of four new members of staff. These appointments further support our capability to develop our ultra low cost and ultra lightweight, game changing solar pv product, Power Roll™.
Big Solar are delighted to welcome:
Neil Spann, Managing Director, comments “We are incredibly pleased to have such highly-skilled and dedicated team and look forward to working closely with them as we move forward.”.
A low-cost and lightweight solar-panel maker has triumphed in a contest to find the next big idea in energy efficiency.
Big Solar’s flexible photovoltaic (PV) sheets are light enough to attach to the side of buildings as well as the roof. The company beat four others in ENGIE UK’s Big Pitch, winning a £10,000 cash prize and an introduction to the French energy company’s new ventures investment fund.
“The way the world generates and consumes energy is going through an unprecedented transformation,” said ENGIE UK’s Wilfrid Petrie.
The other finalists were North London appliance supplier Homie, Guildford-based Flywheel Energy Storage, Upside and The Great Outdoor Gym Company. The Evening Standard has been running a series of Clean London reports. On June 30 it will host a green debate chaired by presenter Kirsty Wark.
New solar energy technology developed on Wearside could see the return of large-scale manufacturing to the UK.
Developer Big Solar is completing research and development on Power Roll, its unique photovoltaic (PV) technology which will be 145 times thinner and up to seven times cheaper than traditional glass panels.
We currently have three members of staff, but aim to grow by another five people within the year and then by substantially more when we move to larger scale manufacturing.
The business was previously based in shared offices at West Quay Court in Sunderland but now has its own premises at the new Washington Business Centre.
Managing Director Neil Spann said: “This unique technology will allow users to generate renewable energy at a cost comparable to carbon-based forms of energy generation and significantly cheaper than existing PV technologies.
“Current glass-based systems are predominantly manufactured in China and the Far East.
“Due to its unique design we will be able to manufacture Power Roll at a fraction of the cost here in the North East.”
“We currently have three members of staff, but aim to grow by another five people within the year and then by substantially more when we move to larger scale manufacturing.”
The £6million centre is owned by Sunderland City Council.
Deputy leader Coun Harry Trueman said: “Big Solar is an ambitious young company with a great new technology which could create significant manufacturing jobs in Sunderland.
“We are delighted to have helped with the company’s move into Washington Business Centre and we will continue to support Big Solar’s growth.”