Pavegen have globally pioneered a flooring tile that converts the wasted kinetic energy from footsteps into renewable electricity. The highly-engaging, people-powered innovation has the ability to transform smart cities of the future, entirely through footfall. Slabs generate renewable energy every time someone walks over them. The power generated can be used to run low-voltage applications like street lighting, advertising displays and ticket machines. The technology provides people with a visual form of renewable energy that they can directly and physically engage with. The slab is best used in high footfall locations such as train stations, sports venues and shopping centres.
How they’re disrupting
Pavegen slabs thrive in urban settings where conventional renewable solutions such as solar and wind power are frequently unsuitable sources of energy generation. The company have generated cumulative revenues in excess of £2.5 million, with over 100 completed projects in 30 countries worldwide.
Renewable energy production will account for almost two-thirds of net additions to global power capacity, taking the share of renewable energy in global power generation to over 26% by 2020.
Investments and future
The company has received £4.2 million of investment to date, including a recent crowdfunding round that brought in £2 million. Key global clients include: Diageo, Schneider Electric, Ford Motor Company, Adidas, Siemens, Nike and Coca-Cola.