Britain’s renewable energy sector has continued to boom in recent years, as the need to decarbonise electricity generation remains at the forefront of the country’s efforts to reach net zero. While it could arguably be seen as a success story however, other sectors have lagged behind, not least heat.
British solar thermal and solar PVT developer Naked Energy has partnered with Japan-based Rinnai to future-proof the heating needs of British buildings.
Naked Solar is looking to expand its team, as VAT reductions, Supertax reductions for businesses and rising electricity bills lead to “a significant Solar Boom”.
British solar thermal and solar PVT developer Naked Energy has announced a Series B funding round, as it targets £10 million-plus to go towards major US and further global expansion.
Naked Energy has raised £5.2 million of funding in its latest round, with environmental fund manager Earthworm Group leading the round with a co-investment from Taqa Holdings.