SolarisKit, the Edinburgh-based cleantech startup behind the world’s first flat-packable solar thermal collector, has secured around £250,000 of funding from Innovate UK, the UK’s innovation Agency, through its Energy Catalyst Programme.
The firm’s technology can reduce both energy costs and carbon emissions, which could transform the lives of low income families in developing countries.
Providing affordable clean heat to people across the the globe, but in particular, those living across sub Saharan Africa, as well as parts of Asia and Latin America is the company’s mission.
The company plans to use the cash injection to further develop its unique technology and to get pilot trials underway in Rwanda by September 2020, where 40% of household income is spent on energy to heat water.
Last year, the company secured £20,000 cash, and £9,000 in-kind support, by winning the Converge Impact Challenge.
“Heating currently accounts for around 40% of the world’s energy-related greenhouse gas emissions and has reached the point where carbon emissions from developing countries exceeds those from its modern counterparts,” according to SolarisKit founder and CEO, Faisal Ghani.
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“By focusing on the development of low-cost, high-value solar technology, our goal is to lower global carbon emissions while helping to improve the lives of millions of people in the developing world.
“For example, in Kigali, the capital of Rwanda, up to 40% of a household’s income might be spent on energy – 70% of which is just to heat water. This is a significant cost to poor households and a strain on grids, which are already struggling to meet demand in many parts of Africa.
“By the end of this trial project, we aim to install up to 100 of our collectors in Rwanda to demonstrate both the environmental and socio-economic impact achieved from the supply of affordable clean energy.”