“We are delighted to be recognised by GCT100 Ones to Watch. Naked Energy is on an exciting trajectory, with its technology validated and a Fortune 200 company ready to ramp up production to get Virtu to market”, said Christophe Williams CEO
“The Global Cleantech 100 program is our annual in-depth research exercise to identify the innovation companies leading players in the market are most excited by right now”, said Richard Youngman, CEO, CTG, “By the nature of the list, the Ones to Watch truly represent the next cadre of exciting disruptive companies.”
This year, a record number of nominations for the annual Global Cleantech 100 list were received: 9,900 distinct companies from 77 countries. These companies were weighted and scored to create a short list of 325 companies, with these nominees reviewed by Cleantech Group’s Expert Panel. The Ones to Watch list, a sister list to the annual Global Cleantech 100 list is created from the top 250 of the shortlist. To qualify for either list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.
By James Murray – Business Green
UK solar startup Naked Energy has this week inked an agreement with US-based manufacturing giant Jabil to scale up the production of its hybrid solar technology, Virtu.
Naked Energy’s Virtu technology combines photovoltaic cells and a heat exchanger to produce power and heat, which it claims boosts financial returns and carbon savings for buildings deploying the technology.
Under the terms of the deal announced on Monday, Jabil agreed to support Naked Energy to make Virtu available to a global market as well as providing expertise in the integration of Virtu in buildings and related systems.
Naked Energy claims its combination of photovoltaic cells in an evacuated tube collector results in higher electrical output and exceptional thermal performance.
The companies said manufacturing for customers in the UK, Europe and North America had already started and the installation of commercial pilot projects is planned for early 2016, with a full commercial launch later in the year.
Naked Energy, which has in the past been supported by the Climate KIC group, added that it was now strengthening its balance sheet through additional equity investment to support the commercial launch.
“Jabil has been hugely impressed by the innovation and commercial benefits of Virtu, and is keen to support its commercialisation,” said David Kipling, vice president of corporate investment at Jabil.
“With renewables forming an ever more important part of our energy supply, Virtu is an enabling technology that needs scale to unlock its potential. Jabil can support Naked Energy to achieve that scale through dedicated manufacturing facilities and our supply chain expertise.”
3 December 2015, COP21, Paris
“Creating a roadmap for the diffusion of radical climate innovation in European business”
This report from Climate-KIC reveals that most European business leaders have prepared strategies to respond to climate change, but with a lack of focus on innovation, those strategies are likely to be ineffective for a 2°C trajectory.