Polysolar

Summary

Cambridge cleantech Polysolar makes transparent architectural solar glazing. Now finalising a distribution agreement with E.ON, they plan to lead the electric revolution by transforming building & transport infrastructure into renewable power stations. Aim: to rapidly expand capability in the EV carport sector.

• One of the established leaders in Building Integrated Photovoltaic (BIPV) glass
• Existing/current customers include Sainsbury’s & Canary Wharf
• Invested > £1.5m in IP, new products, manufacturing and supply-chain
• Successfully raised £1.3m on Crowdcube in 2018

Idea

Buildings and construction account for 39% of global Co2 emissions, and road transport a further 33%.

To address this, Polysolar is turning buildings and transport infrastructure into self-generating power stations by substituting conventional construction materials for our high performance solar glazing.

The global market for solar and building glass are substantial; each worth $100bn p.a. We estimate the crossover BIPV glass market is worth $4bn. Added to this, the burgeoning EV infrastructure market is growing at 30% CAGR, (UK EV sales up 200% in 12 months alone), worth more than $10bn globally today.

In addition to our existing range of solar BIPV windows, façades & skylight solutions, Polysolar has invested in new products and third-party manufacturing capabilities to deliver prefabricated modular structures for ease of installation, and an extensive range of EV charging hub canopy & carport solutions.

With established customers like Sainsbury’s & Canary Wharf, we're in the final stages to secure a supply & install agreement with E.ON and have won tenders for EV charging hubs from South Gloucester CC and Lake District National Park Authority.

With a strong team and unique capabilities to deliver a fully integrated architectural solution, we're looking for funding to commercialise what we see as the immediate and significant opportunity in EV charging solar canopies & carports.

Team

Hamish Watson, Founder, CEO

Hamish is an acknowledged expert in the Photovoltaic industry and a pioneer in the development of transparent PV glass technology in the built environment. As founder of Polysolar in 2007 Hamish has built one of the leading BIPV companies in the UK. With the nation's commitment to rebuild a "green economy" Polysolar has the products, skills and know-how to be ideally placed to lead the electric revolution.

Aidan Cumiskey, COO

Aidan is a renewable energy specialist with experience in growing private equity backed business in the cleantech/renewables sector. Aidan was the owner, and CEO for Monsal, where he led the growth and successful trade exit to GE. We think that Polysolar's portfolio is more relevant than ever and this team is committed and inspired to shape and grow the company into the UKs leading EV infrastucture provider. Our plan is to lead the company to a successful exit.

Niall Henderson (Non-Executive)

Niall is a BP Executive who has lead several international M&A transactions. An MBA & experienced chemical engineer with a 22 year + career at BP covering business development, finance, strategy, business planning. He is a cleantech and renewables enthusiast.

Richard J Dilworth MVO (Non-Executive)

Richard is a business owner and industry advisor with specialist sector and market expertise. He is an equity partner at Foster + Partner Architects.