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 post…
Crawley-based renewable-heat technology firm Naked Energy has garnered an €10.35 million investment to establish a new UK manufacturing facility, potentially creating 140 jobs and expanding export opportunities. The funding, led by Great British Energy, will enable the company to manufacture its Virtu solar-thermal technology in the UK, reducing production costs and scaling a British-designed solution that combines advanced solar collectors, system design, and digital monitoring.
Naked Energy's technology generates renewable heat directly at the point of use, helping businesses decarbonise profitably and stabilize energy bills amid volatile gas prices. CEO Christophe Williams FEI highlighted the UK's engineering capabilities and the potential to lead the global market for renewable heat. Great British Energy CEO Dan McGrail emphasized the urgency of reducing gas dependence and the company's innovative approach demonstrated at prestigious UK institutions like the British Library and Wimbledon.
The investment, partly funded by Barclays Climate Ventures, will support Naked Energy's UK production growth and international market expansion, creating direct and indirect jobs while contributing to the nation's energy security and stability.
Written by urgent.news from EU-Startups's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.