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Power Roll closes £2.8m funding round

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Power Roll has confirmed that it has raised £2.8m of investment. The investment comprised £2.0m of equity and £0.8m of convertible loans as part of the UK government’s Future Fund scheme.

Power Roll develops ultra-low-cost and lightweight flexible film for energy generation and storage, delivering the lowest levelized cost of electricity for any solar technology, with a projected manufactured cost of just $0.03/Watt at scale.

Power Roll’s technology simplifies manufacturing by eliminating multiple, expensive process steps that other solar photovoltaic (PV) technologies require, and uses high speed roll-to-roll production processes.

Find out more here: https://northinvest.co.uk/power-roll-closes-2-8m-funding-round-to-commercialise-a-new-way-to-generate-and-store-energy/

https://www.powerroll.solar/