Verditek Share Discussion Threads

[babbler] 10/7/2019 09:02

and sales rnss to come.

[il duce15] 10/7/2019 09:00

Boom. Fantastic news.

Agree this is under the radar, great chance to buy in before the penny drops.

[meijiman] 10/7/2019 08:36

Cracking share this and still well below the radar. They now have a world beating product to sell. Think many investors are still reeling from the Chinese pv capacity issues so avoid this space.

[maccamcd] 10/7/2019 07:45

Verditek Solar Italy passes IEC Certification of their PV Technology
 
Verditek plc, (AIM: VDTK), is pleased to announce that its lightweight photo-voltaic ('PV') panel technology has successfully passed all tests required for IEC 61215 and IEC 61730 certification. The technology is being used to transform solar power by making very light-weight robust photo-voltaic solar cells. These can be deployed in many more ways than heavy conventional solar cells - such as on weaker, temporary, or old roofing.
 
Obtaining certification is the final step of preparation for commercialisation, as it verifies the robustness and efficiency of our PV technology. Manufacturing will now proceed to fulfil our first order (1 plus 3 MW this year and next), conversion of the good pipeline of leads being generated by our sales team and through our commercial partners - Engenera Renewables Limited and Optimeyes Energy Limited.
 
As recently announced, our 1800m2 facility near Milan comprises an automated manufacturing line with a production capacity of 20 MW per annum. In order to pass the IEC tests, the panels have been exposed to months of testing, including thermal cycling (-40C to 85C), damp-heat, mechanical-load and hail tests which simulate aggressive ageing and exposure to differing climactic conditions. Testing was carried out by TUV InterCert, an international organisation with headquarters in Bonn.
 
Thanks to its polymer construction, our PV panels are robust and semi-flexible, being only approximately 3 mm thick they are easy to install and weigh in around 2.3 kg/m2 compared with 11-15 kg/m2 for conventional panels. By using the same high-quality monocrystalline cells employed in the very best PV modules, this delivers more watts per weight.

Alfredo De Mutiis, General Manager, Verditek Solar Italy says: "This milestone confirms the quality of materials and design of our panel benchmarks against the best conventional panel available in the market. We will continue to improve on our design and formulation as we mature the business, but I am satisfied that our hard work and determination of the last months has been rewarded."
 
Dr Geoff Nesbitt, CEO of Verditek plc says: "I am extremely proud of what Alfredo and our team in VSI have accomplished in achieving these standards with our products.  I speak for the Board when I state we stand behind the ingenuity and perseverance of our people as they deliver a first-class solar manufacturing facility in Europe. The multi-billion-dollar solar market continues to expand as the world embraces renewable energy, and we are well positioned  with a certified product that addresses a need in commercial warehousing and pre-engineered roofing that has been unserved."
 
 
Enquiries:
 
Verditek plc           
RH Lord David Willetts FRS (Non-Executive Chairman)
Dr Geoff Nesbitt (Chief Executive Officer)  
Tel: [phone]

[bad gateway] 10/7/2019 07:09

3mm thick solar panels sound well impressive mo. Good to see the technology moving onwards.

[shieldbug] 24/6/2019 14:31

There is a video posted on the company website, DW talking about Paragraf. At the end he says that Verditek already has a £3m order from Australia. (Clearly this is not an order for cells with graphene conductors).

Would have thought this would be better released as an RNS than tacked on to the end of a video.

Final results should be this week so I expect we will hear more then.

[mw8156] 19/6/2019 22:02

rather underwhelmed though by the increase in efficiency over conventional silicon photovoltaic cells, seems they're quoting more than 25% against 22-23% which looks like only a marginal gain. Not sure of the physics though and the extent that translates into power generation. Also they hint at further modifications that may enhance the conversion ratio. Main interest is in Paragraf, who claim to have a novel graphene fabrication method, not verditek. Are verditek's results due any day now?

[shieldbug] 18/6/2019 11:33

"a total load of load of bs" - patents, increased efficiency, reduced weight, round wheels - no body wants any of that bs.

[meijiman] 18/6/2019 10:11

Rather muted reaction..I think this is big bananas...

[ashtree2] 18/6/2019 10:05

Interesting one,have bought a few at 6.9

[maccamcd] 18/6/2019 08:15

Jaknife..
£ - would be good if they did.
Progress the tech, try and monetise.
Isn't that what entrepreneurs, risk takers and capitalist try to do?

[bad gateway] 18/6/2019 08:11

Not the impression I get.
Your post sounds like you went short after the director loan and you're disappointed they've had news that lifted the share price a tad.
Hoped for a placing RNS instead?

[bad gateway] 18/6/2019 07:41

Sounds very interesting.
Bought a few on there last RNS and tucked them away. Like their tech and would love their panels on the roof.
Lighter, stronger and better use of light, can't complain at that imo.

[il duce15] 18/6/2019 07:39

Reads well to me.

Worth clicking on the link at the bottom and watching the two interviews.

Talk of laptops charging themselves....maybe this lazy stock is about to wake up!

[maccamcd] 18/6/2019 07:16

RNS looks pretty promising for our future

Verditek PLC
 
("Verditek" or the "Company")
 
Verditek and Paragraf announce the world's first Graphene Integrated PV cell and a new Joint Development Program
 
Paragraf Ltd ("Paragraf") the leading Cambridge based experts in graphene electronics technology development, and Verditek plc, (AIM:VDTK) the clean technology company, have been working together under a joint development program (RNS Number: 9941Z) to harness the significant advantages of graphene to improve the performance of solar power generation over state of the art cells and modules.
 
Paragraf's proprietary manufacturing process of large scale, high quality, graphene has been applied to Verditek's solar technology and the partners are pleased to announce the successful completion of their first development project. The program has developed unique methodologies to successfully produce graphene on photovoltaic Proof of Concept (PoC) cells, to harness the superior electrical and mechanical properties that graphene can impart. The revolutionary cell works without the encumbrance of metallic busbars or backplates required in conventional PV cells.
 
The new cell takes advantage of the superior quality of Paragraf graphene and proprietary manufacturing process to replace conventional materials with graphene, finally enabling the properties initially cited in the Nobel prize for Physics awarded in 2010 to be realized at an industrially significant scale.
 
Further to this breakthrough, Paragraf and Verditek have agreed to a second joint development project (JDP) to improve the performance of the cells, develop the opportunity to file patents and, upon attainment of additional performance targets, commence commercial discussions for industrial manufacture and application of the new material. The second JDP is underway with a fast-track schedule of objectives.
 
Dr Simon Thomas, CEO of Paragraf commented: "The potential of graphene to significantly improve the performance of today's technologies is enormous. Applying Paragraf technology to mature materials can create opportunities for improved performance. Our second project follows on seamlessly from our previous work and compliments our insights and understanding of graphene-solar cell combination. Our developments with Verditek will continue to improve on what we have achieved and demonstrate the potential Graphene can deliver when great science and engineering are combined".
 
Lord David Willetts, Chairman of Verditek commented: "Verditek is now manufacturing light-weight robust photo-voltaic cells. These can be deployed in many more ways than heavy conventional cells - such as on weaker, temporary, or old roofing. We have now successfully applied graphene to a photo-voltaic (PV) cell. Graphene can enable our PV cells to be even lighter and more efficient. It enhances the performance of a PV cell by making it more conductive and eliminate the need for the electrical conductors which reduce the area of the cell actually exposed to sun-light. We have now developed the technique for applying graphene and produced a working proof of concept silicon/graphene integrated PV cell.
 
We are now launching the next stage of our R&D to increase the performance of these new PV cells so they are more efficient than conventional cells. At present conventional silicon PV cells convert approximately 21-23% of the energy they received into electricity. We aim to get to better than 25%. That is a big increase in the amount of electricity generated from a given area of PV cell. Our lightweight and efficient PV cells will then be used in a much wider range of settings. Our aim is to be able to apply them to consumer electronics such as laptops so that they can be self-charging. This is a massive advance for green energy - and for consumers who will find it much easier to access solar power than ever before."
 
To listen to David Willetts, Chair of Verditek talk to BRR Media about today's breakthrough and the future opportunities click the link 

[il duce15] 17/5/2019 08:33

Great news, now lets see the factory up and running with orders.

[shieldbug] 17/5/2019 08:07

So now they own 100% of Greenflex. A better situation however it was funded.

[igarth] 13/5/2019 17:20

Agreed and hence I dumped my shares today. Extremely disappointing.

[meijiman] 13/5/2019 13:47

Both views are valid..but I think the company could have secured the funds without recourse to paying a 20% coupon.

[nickyharvey] 13/5/2019 13:30

Or, you could take the view that, a board member (someone who knows the pipeline) being happy to lend £600k to the company for 3 to 6 months in return for a modest £30k/£60k profit is a very positive signal. Particularly when this is in addition to him previously participating to the extent of £1m in a convertible note issued by the company. I'd say that this amounts to a strong vote of confidence in the company's future by someone in the know!

[igarth] 13/5/2019 12:44

Borrowing at 20% per annum from a director to bring the price down and then do a further discounted placing in 3-6 months to repay the loan and interest... Clowns or pirates?