Power Roll, the leading technology disrupter in the flexible PV market, with its innovative, lightweight solar power film for commercial and industrial buildings, has secured £4.3m in its funding round today. The proceeds of the funds will be used to accelerate the development of Power Roll’s fully operational pilot plant located in County Durham, enabling small scale manufacture of its proprietary solar products.
Strategy
Led by Neil Spann, Chief Executive and the wider executive team who have significant experience in the renewable energy, scale up and public markets, Power Roll was established in 2012. The business is focused on the commercialisation of its solar PV microgroove technology, which utilises low-cost film, free from rare earth materials and with sustainable characteristics.
To date, Power Roll has proven the technology and manufacturing process, 23 patent families with over 100 individual patented rights and established blue chip manufacturing partners, suppliers and potential customers.