Circadian Tops In Spin Out
Circadian Solar, one of the Europe's developers of concentrated photovoltaic technology, has been named 16th in a list of the top university spin out businesses, compiled by The Telegraph newspaper. The company's highly-efficient technology has been developed by top scientists and engineers from the University of Warwick, the semiconductor industry and the automotive industry.
Jeroen Haberland, recently appointed CEO of Circadian Solar said: "It is great to see this sort of external validation for the hard work that has gone into developing this technology over a number of years. Following our rebrand in 2009, we have established a number of demonstration units producing exciting results, and there is definite momentum driving the company forward at the moment. Our tracker was also selected by Siemens, to showcase its work on gearboxes and control systems for use in solar energy technology at the 2010 Hannover Messe exhibition, and we look forward to further work with them in the coming months."
The ranking is based on the company's YouNoodle Score, which is a quantitative measurement of a startup's progress and traction based on its traffic, funding, employees and other activity. The score is based on information pulled in from thousands of online sources such as traffic sources, mainstream media and funding sources.
Circadian Solar is privately owned, and has received investment from Seven Spires Investments. It employs more than 20 people in the UK, and works with an extended team across Europe.
