First published on the Cleantech Investor website, December 2012. Copyright Cleantech Investor.
Azuri, which was created earlier this year, has secured investment from the IP Group to scale up its Indigo technology. Azuri was created through the separation of the Indigo pay-as-you-go solar technology developed by Eight19 (a Cambridge University spin-out) from the Eight19 business.
Indigo is being used to supply off-grid power at scale in developed countries. Robert Trezona, Business Development Director of the IP Group, believes that “Azuri could become one of the UK’s leading renewable energy companies. The company’s ingenious business model and talented and experienced team give strong reasons to believe in that future success.”
Azuri is headed by CEO Simon Bransfield-Garth.