2006 Tech Track 100
Rank: 81 solarcentury
Says it has designed the first solar roof tile for British homes
Concerns about climate change prompted former oil-industry consultant Jeremy Leggett to launch Solarcentury, which makes solar electricity panels for both homes and office buildings. The London company, which counts Tesco and the Co-op among its clients, recently raised £2m from Scottish and Southern Energy and £3.5m from Vantage Point Venture Partners to fund product development and worldwide expansion. Growing concern about global warming has helped boost sales 47% a year from £2.8m in 2003 to £6m in 2005.
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Concerns about climate change prompted former oil-industry consultant Jeremy Leggett to launch Solarcentury, which makes solar electricity panels for both homes and office buildings. The London company, which counts Tesco and the Co-op among its clients, recently raised £2m from Scottish and Southern Energy and £3.5m from Vantage Point Venture Partners to fund product development and worldwide expansion. Growing concern about global warming has helped boost sales 47% a year from £2.8m in 2003 to £6m in 2005.
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Company facts
solarcentury
Solar technology developer
Company website
| Sales growth | 46.88% pa |
| 2005 sales | £6.0m |
| 2003 sales | £2.8m |
| 2005 staff | 40 |
| Founded | 1998 |
| Location of HQ | Central London |
| If applicable: * = annualised figures ‡ = draft accounts |
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