UK-based solar tech startup GRYD has secured $1.2 million (£1 million) in pre-seed funding to build the nation’s first solar subscription platform. Black Seed VC, an early-stage venture firm dedicated to Black business founders in the UK, and SFC Capital, an investor in disruptive UK companies, participated in the round. Other notable investors include Oasthouse Ventures, whose Director, Simon Turner, has financed and scaled renewable infrastructure businesses globally. The solar tech startup will use the investment to fund its national expansion. GRYD’s Affordable Solution For Residences Mohamed Gaafar, Scott Whiteside, and Tom Jordan founded GRYD in 2023 after meeting at the Antler accelerator program in London. They envisioned creating a subscription-based solar power service, allowing homeowners to access solar power without upfront costs. The solar tech startup has developed a
Tag Archives: GreenEnergy
Jan
Electric vehicle registrations were down last year in Europe. Tesla, the largest solo player in the EV game, took a hard hit. The American automaker’s registration numbers fell by over 10%. There’s no getting around the fact that electric vehicle registrations went down last year in Europe. Depending on how many countries you take into consideration, EV registrations dipped between 1.3% and 5.9% in 2024 compared to 2023. That’s a stark difference to the United States and China, where EV sales were on the rise last year, so what’s going on in Europe? Let’s look at the numbers and try to figure out what happened. According to the European Automobile Manufacturers’ Association (ACEA), customers in the European Union registered 1,447,934 EVs last year, down 5.9% compared to 2023’s 1,538,106 cars.
Jan
For decades, the solar energy industry has been pushing against the theoretical limits of photovoltaic efficiency. Now, in a groundbreaking development that promises to reshape the renewable energy landscape, researchers have achieved a remarkable 31% efficiency rate with perovskite solar cells – a milestone that could accelerate our transition to sustainable energy sources. The Significance […]