A Scottish renewable energy pioneer has won a big vote of confidence from a prominent US entrepreneur as it eyes growth in overseas markets.
Sunamp, which has developed batteries that can be used to produce heating on demand from renewable energy sources, has recruited Hank Torbert as its chairman.
Mr Torbert has agreed to lead the board of East Lothian-based Sunamp following a successful career that has included spells working in investment banking and running his own firm that invested in and advised firm in sectors such as energy, technology and transportation.
Mr Torbert is currently president of Alta Max, LLC, a US-based provider of services and products for defence industries. He is also the chief executive of The Frontier Conference, which Sunamp described as an eco-system of industrial innovation leaders focused on next generation technologies.
Sunamp chief executive Andrew Bissell said Mr Torbert’s extensive track record in growing businesses, along with his cross-sector board level experience and entrepreneurial flair was already proving very valuable to the firm.
READ MORE:Technology entrepreneur Andrew Bissell on course to develop second multi-million business
The company has generated interest around the world in its batteries, which store energy that can be released when needed to heat water.
It raised £4.25 million from international investors in August.
Mr Torbert said yesterday that he was attracted to Sunamp because of its great technology, environmental credentials and global ambitions.
He added: “Despite the global pandemic, Sunamp’s hard-working team has generated sustained growth. Joining the Board as Chair at this crucial time is exciting and invigorating.”
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules here