Dear All A video summary of the below can be accessed by clicking this link: Video Summary of the Companies Update As an advance disclosure, 350 PPM owns shares in all of the businesses detailed below: Shine Australia One Ltd from Canigou Capital: Shine Australia One Ltd offered investors we introduced to them a 100% return based on pre-construction development of solar and battery sites over 2 years from 2020. Canigou Capital/Canigou Asset Management have, of late, been trying to swap investors out of their shares into Loan notes which offer a slight premium over their original investment and then pay circa 8-10% per year [...]
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2022-09-investor-updateDownload
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Dear All After 2.5 years of development time, we will shortly be assisting in launching, funding, developing and participating in the hopeful success of Megawatt Mosaic Ltd. Why Megawatt Mosaic Ltd? As we move away from fossil fuels, grids increasingly become a mosaic of different power generation technologies. These must be knitted together through load shifting and load shaping, in order that the least energy is wasted and so energy users can draw on the energy in the grid when it is required. This is the mission statement of Megawatt Mosaic. We plan to blaze a trail through Southern Europe with 2.8 GW [...]
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Dear All Please find below the company updates for this week: Solar 350 & PAPA One: Luis Novella and Adam Smith continue to manage the Company as directors of PAPA One Ltd. Solar 350 Ltd owns circa 70% of PAPA One Ltd. Report begins: In the June 2022 Mexican mid-term elections, President Andres Manuel Lopez Obrador and the ruling Morena party lost their supermajority. As a result, there were insufficient votes to amend the Mexican constitution and the regulations concerning the country’s electric sector. In very simple terms, this means that the energy market in Mexico will not be renationalised. Campeche Project Update: Our relationship with our [...]
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Dear All Please find below the company updates for this week: Storelectric: Please find a direct update to investors in Storelectric Ltd from Mark Howitt, Storelectric CIO. Storelectric is involved in utility scale energy storage through CAES (Compressed Air Energy Systems), TES CAES and Hydrogen Energy Storage. Storelectric won the NAM Challenge and has a Hydrogen Patent believed to cover around 50% of Green Hydrogen Production in the UK, which was requested in 2015 and granted in 2021. “Dear Storelectric InvestorThank you for your questions. The business is doing well, and the share price is now £3.12, about to increase again; there has been significant [...]
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Dear All Organic Heat Exchangers: We are excited to announce that EnergiVault by Organic Heat Exchangers, in partnership with BITZER, has been shorlisted for the Refrigeration Product of the Year at the RAC Cooling Industry Awards 2022, the biggest and most prestigious awards in the refrigeration & air conditioning sector. 350 PPM has worked with O-Hx since May 2021, assisted in their funding in H1 2022 and this is now the 5th award nomination before O-Hx has even a product in the market. Further details can be seen in the link below: RAC Cooling Industry Awards 2022 Pyrolysise: Pyrolysise has made great progress in recent [...]
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The effects of sea level rise on coastal communities is even more drastic than scientists previously thought -- with more evidence pointing to increases in flooding, even on days without rain, according to the National Oceanic and Atmospheric Administration. High-tide flooding, or "sunny day flooding," is becoming increasingly common due to decades of sea level rise, NOAA said in its update to its sea level rise report released Tuesday. This type of flooding results from the overflow of ocean water at high tide that then covers low-lying areas -- typically occurring when the tides reach anywhere from 1.75 to 2 feet above the daily average, [...]
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Rainwater almost everywhere on Earth has unsafe levels of ‘forever chemicals’, according to new research. Per- and poly-fluoroalkyl substances (PFAS) are a large family of human-made chemicals that don’t occur in nature. They are known as ‘forever chemicals’ because they don’t break down in the environment. They have non-stick or stain repellent properties so can be found in household items like food packaging, electronics, cosmetics and cookware. But now researchers at the University of Stockholm have found them in rainwater in most locations on the planet - including Antarctica. There is no safe space to escape them. Safe guideline levels for some of [...]
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