Nova Innovation
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Nova Innovation - overview
Location
-, -, UK
Primary Industry
Renewable Energy
About
Based in the UK and founded in 2010 by co-founders Simon Forrest and Gary Connor, Nova Innovation develops and deploys marine renewable energy solutions, focusing on tidal and floating solar technologies. Nova Innovation raised an amount of venture funding from investor Euphemia. The company offers marine renewables products and services such as tidal turbines, floating solar panels, smart grid systems, and energy storage solutions. The firm design, build and operate underwater turbines that harness the power of tides to generate electricity.
The turbines are a horizontal-axis design with two blades, offering efficient energy capture and minimal environmental impact. Additionally, Nova Innovation offers a solution for solar energy generation: solar panels that float on water bodies. This technology maximises land use and minimises environmental impact compared to traditional ground-mounted solar farms. These panels are designed to function on top of water bodies, maximising land use and minimising environmental impact on freshwater or marine ecosystems.
Current Investors
Euphemia
Primary Industry
Renewable Energy
Sub Industries
Hydro Power, Solar Power, Wind Power
Website
https://novainnovation.com/
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Nova Innovation - financials
| Fiscal Year Ended | Aug 31, 2014 | Aug 31, 2015 | Aug 31, 2016 | Aug 31, 2017 | Aug 31, 2018 | Aug 31, 2019 | Aug 31, 2020 | Aug 31, 2021 |
|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | - | - | - | - | - | - | - | - |
| % Revenue Growth (YoY) | - | - | - | - | - | - | - | - |
| EBITDA (USD) | - | - | - | - | - | - | - | - |
| Operating Income (USD) | - | - | - | - | - | - | - | - |
| Operating Margin | - | - | - | - | - | - | - | - |
| % EBITDA Margin | - | - | - | - | - | - | - | - |
| NET Income (USD) | - | - | - | - | - | - | - | - |
| % Net Margin | - | - | - | - | - | - | - | - |
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