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Penso Power

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Penso Power is an energy storage developer that was recently acquired by BW ESS.

Portfolio

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companies


Portfolio companies

GRYD Energy

GRYD Energy

GRYD Energy provides a solar subscription model to eliminate upfront hardware costs for residential properties.


Recent investments

Pre-Seed
£1.0M

The pre-seed round will fund national expansion and the deployment of zero-cost solar and battery systems.

"The strength of our pre-seed round is a welcome start to the next phase of GRYD Energy’s journey as we prepare to scale our solar technology and service nationwide. We’re fortunate to have the backing of fantastic investors like Black Seed and SFC who share our sense of urgency to accelerate the UK’s clean energy transition and ensure no one is left behind. With around 250,000 new homes being built in the UK each year, the untapped solar potential of our residential rooftops is immense and only continues to grow – as does the pressing need to ensure that Britain’s new housing stock is futureproofed and primed for a clean, energy efficient future. With the support of such renowned and motivated industry players, we’re confident GRYD Energy can play a vital role in that effort."
— Mohamed Gaafar, CEO