Great British Energy Invests £8 Million in Solar Firm

Great British Energy invests £8 million in solar firm

Publicly funded Great British Energy has made its first major solar investment of £8.8 million into solar-thermal innovator Naked Energy. The money will fund a new UK automated manufacturing facility for Naked Energy’s Virtu solar-thermal, with the view to bring production in-house and reduce unit costs. The Virtu product includes a high-density solar thermal system capable of generating renewable heat up to 120C and hybrid solar PVT systems, th…

More than one year later Great British Energy has recruited 13 of the 10 000 employees planned by 2030

Thanks to rtpscott for this From Business Green today: Publicly-owned clean energy investor and developer confirms first major solar-thermal investment will create up to 140 jobs. Great British Energy has today announced £7.5m investment in Crawley-headquartered tech firm Naked Energy to fund a new UK manufacturing facility and create up to 140 jobs. https://www.businessgreen.com/news/4534032/great-british-energy-invests-75m-naked-energy The Gre…

GB Energy Investment Heads to England as Scottish Jobs Promise Questioned

The SNP has criticised the UK Labour Government after GB Energy announced a £7.5 million investment in an English solar technology company. The latest funding will support Naked Energy, which provides solar thermal technology, including installations at Wimbledon. The announcement has prompted fresh criticism from the SNP, which claims the investment is another example of GB Energy funding projects in England rather than delivering the jobs prom…

£8.875m Great British Energy investment to fund Naked Energy’s new UK automated manufacturing facility - Energy Sustainability Solutions

Great British Energy has invested £8.875m into Naked Energy, the British solar thermal innovator. The investment,  made alongside Barclays Climate Ventures, will fund a new UK automated manufacturing facility for Naked Energy’s Virtu solar-thermal and PVT technology, creating up to 40 direct skilled jobs and around 100 indirect roles. Naked Energy’s solar thermal technology is already cutting bills and reducing gas at some of the UK’s most recog…

Crawley-based Naked Energy secures €10.35 million to build UK solar-thermal technology manufacturing facility

Naked Energy, a Crawley-based renewable-heat technology company, has secured an €10.35 million (£8.875 million) investment to fund a new UK manufacturing facility, creating up to 140 jobs and new export opportunities.  The investment was led by publicly-owned renewable energy company Great British Energy, which is investing €8.7 million (£7.5 million) through its Energy Engineered in the UK programme, with participation from existing shareholder…

Great British Energy makes first solar-thermal investment

Great British Energy and Barclays Climate Ventures have invested almost £8.9m in Naked Energy, a West Sussex-based renewable heat technology company. Naked Energy’s technology generates renewable heat directly at the point of use, reducing gas demand without adding pressure to the electricity grid and helping businesses keep their energy bills stable when gas prices spike.  […] The post Great British Energy makes first solar-thermal investment a…