UK solar tech scaleup Naked Energy raises £17M for global expansion

UK-based Naked Energy has raised £17mn in a Series B round to boost the global expansion of its solar tech solutions. Founded in 2009, Naked Energy set out to help decarbonise heat generation, which contributes over 40% of global CO2 emissions. The scaleup has developed a pair of modular solar collectors, called Virtu. It claims they are four times more efficient at offsetting emissions compared to conventional solar PV panels. The VirtuHOT collector uses solar thermal technology to heat water from the power of the sun to up to 120°C. The VirtuPVT collector combines solar thermal technology and photovoltaics (PV)…

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