Tremendous interest in Solarus demonstrates need for solar energy - Solarus
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Tremendous interest in Solarus demonstrates need for solar energy

Tremendous interest in Solarus demonstrates need for solar energy

VENLO/ROTTERDAM – January 1 2017 – On the first day of a brand new year, Solarus can look back at a very successful crowdfunding campaign facilitated by Symbid. In less than one month the company collected the incredible amount of EUR 794.200,-. Considering the fact that Solarus initially set a target of €250.000, the final amount more than tripled. The response of the general public exceeded all expectations and even more than 500 ambassadors from across the world decided to show their confidence by investing in the company. This crowdfunding in shares has been the most successful one ever and clearly indicates that all over the world we finally realize that a shift from fossil to sustainable energy is needed to fight energy poverty and reduce CO2 emissions. And that is exactly the promise Solarus makes.

Create impact
Thanks to all over new investors, Solarus is now able to scale up the production of its PowerCollectorTM, a solar solution providing four times more energy from the sun than conventional PV-systems of the same size, delivering both heat and electricity. As a result of its mass production, together with a fast growing international network of distribution and assembly partners, Solarus will be able to create impact: one roof at a time with the aim for 400.000 PowerCollectorsTM over the next three years.

Rising curve
With the crowdfunding in shares, Solarus collected EUR 794.200,- . This amount represents a 5,21% in shares in Solarus Sunpower Holding bv and enables the company to 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 crowdfunding campaign was 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.

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

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