Maker of Industrial Rooftop Solar Driven Air-Conditioning Systems Attracts International Investors
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Chromasun CEO Peter Le Lievre stated:
Jens Ove Albertsen from VKR Holdings said: “Solar driven air-conditioning systems can dramatically reduce peak grid demand and significantly improve building environmental performance. Because of our investments in solar thermal, VKR has good insight into what many solar companies are doing to address cooling. It is with this perspective that I believe Chromasun is the company to watch in this space.” Chromasun currently has showcase projects under development in Australia, USA, Europe and the Middle East. Coady Diemar Partners provided investment-banking advice on the transaction. About Chromasun: Founded in 2008, Chromasun is a leading developer and manufacturer of rooftop friendly high performance solar solutions. Chromasun’s unique MCT HT solar collector provides high grade thermal energy but in a familiar flat panel format with no external moving parts. The MCT HT is designed to drive high performance air-conditioning absorption chillers and other industrial process heat applications directly from sunlight. It is the most space efficient solar technology available and can produce more energy per unit of roof area than any competing technology. As a leader in the space, the Chromasun team of engineers and professionals have decades of experience in utility scale solar, air-conditioning engineering, product development and manufacturing. If you enjoyed this post, make sure you subscribe to my RSS feed! |
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Chromasun recently announced the close of its first institutional funding round. The $3 million investment was led by Danish investor, VKR Holding. Co-investors include GoGreen Capital and two unnamed US investors. The investment will be used to fund the continued growth of Chromasun and market introduction of its innovative MCT solar collector for solar cooling applications.
