VENLO/ROTTERDAM – December 9 2016 – Solarus is going to scale up its production of the PowerCollectorTM that delivers up to 4 times more energy than conventional PV-systems of the same size. With this business scale up Solarus will be able to market its product worldwide and, as a result of this, fighting energy poverty and drastically reducing CO2 emissions. In order to finance this development, Solarus has started a crowd funding campaign with the aim to collect at least EUR 250.000 before year’s end. The campaign, facilitated by the Symbid crowd funding platform, made a very good start, raising already EUR 55,000 in the first 24 hours.
Product like no other
The world is in the middle of an accelerating energy transition from fossil to sustainable energy sources. The demand for sustainable energy is booming. Every year 50% of all energy consumed in the world goes to the production of heat. The PowerCollectorTM is an unique solar solution and captures the heat directly from the sun (55%). And on top of that it provides electricity (15%). In situations with a need for both heat and electricity, the PowerCollectorTM is the best choice for sustainable energy.
Power of partnerships
With a stable product, international market presence, high volume production facilities and professional investors showing their believe in the company, Solarus feels confident to ask the public crowd to join in the fast scale up of the company. The business scale up is leveraged through a fast growing international network of distribution and assembly partners. Collaboration helps the company to make impact: one roof at a time with the aim for 400.000 PowerCollectorsTM over the next three years.
Solarus’ achievement is already widely recognized by the market. Over 30 projects with no less than 1.000 collectors have been contracted in 15 countries and, moreover, Solarus won the Accenture Innovation Award for clean and sustainable energy earlier this year.
Company background and mission
Solarus is a private company founded in 2006 and it develops, produces and sells hybrid solar PowerCollectors with a peak efficiency up to 70%. The company is headquartered in Venlo (The Netherlands) and has an R&D centre in Gävle (Sweden). Solarus works worldwide with local distributors and installers and is now mainly active in Europe, (South) Africa, India and Turkey. The company’s vision is ‘Sunpower for the people’. The mission of Solarus is to fight energy poverty and decrease the emission of CO2 and pollutants that come from burning fossil fuels. By being good Solarus is doing good, which is a reason for Solarus to be a certified BCorp
With a crowd funding in shares aiming at at least EUR 250.000 investment, representing a 1,7% in shares in Solarus Sunpower Holding bv, the company can further boost its activities for the upcoming year with a projected revenue for 2017 of EUR 15 million. For 2018 the company is projecting revenues exceeding EUR 70 million. The crowd funding campaign is part of a financing round of EUR 6 million. Already EUR 4 million is committed by two professional early stage investors and another EUR 440.000 is invested by senior management and existing shareholders.
For more information, please contact:
Geerd Schlangen, director Communications
+31 6 516 999 02