Edinburgh, United Kingdom
CHITENDAI LTD is a technology company founded in 2013 with a vision of providing clean, affordable, and reliable electricity to over 5 billion people in the sunniest regions of the Earth. The company focuses on solar modules, renewable energy, distributed energy, SMART solar, SMART cities, highly efficient solutions, gallium solar, and electric vehicles. Their flagship product, iRadiance, utilizes advanced semiconductor material to double the efficiency of energy conversion and employs a unique low-cost, lightweight sun tracker. This technological advantage allows for installation on various types of buildings and electricity generation at costs below US$0.08c per kWh.
The recent Non-Equity Assistance investment in CHITENDAI LTD was made on 01 October 2020 by Newchip Accelerator. The company addresses the challenges of population growth, urbanization, and energy security, positioning itself as a promising investment opportunity in the Energy, Renewable Energy, and Clean Energy sectors. With a focus on technological innovation and cost efficiency, CHITENDAI LTD has the potential to make a significant impact on the global energy industry.
