News Archives - Page 3 of 24

GreenMine secures tech validation for UK landfill solution

6 March 2024 admin 0

Working with the multi-disciplinary engineering consultancy, Stopford, the UK-based waste carbonisation business, GreenMine, has secured validation for the equipment and technology to be used at its first UK energy-from-waste plant. Acting as engineer, procurement and construct manager (EPCM) for the development of GreenMine’s waste carbonisation and gasification plants globally, Stopford’s initial remit was to conduct a due diligence survey of selected equipment suppliers capable of meeting UK compliance for the development of a proof-of-concept plant for its innovative solution to landfill. As a critical step in this process, Stopford completed a due diligence exercise on two of the technology providers that [...]

GreenMine Attracts Institutional Interest, ENG8 20M Term Sheet Imminent, 350 PPM Stakes Objectives

22 February 2024 admin 0

Dear All, We haven’t provided an update for 3 weeks, so please find below the following: GreenMine GreenMine has secured Institutional interest that could fully fund the company and all its ambitions. While I was considering it was very early to get institutional interest, I revisited the developments of GreenMine, its team and objectives. Co-development of two types of technology, which deal with unsorted waste - emissions free. Creation of offtake products that can be used to generate electricity on site, meaning 2-3 MW of BASELOAD electricity into the grid, potentially at hundreds of locations across the country.a) With the demands for electricity increasing due to [...]

GreenMine secures advance assurance for Enterprise Investment Scheme

14 February 2024 admin 0

We’re pleased to report that GreenMine has been awarded advanced assurance for the Enterprise Investment Scheme (EIS). This assurance confirms that HMRC agrees that an investment in GreenMine would meet the conditions of a venture capital scheme and that the company can issue certificates to investors to claim tax relief. All businesses applying for the EIS must submit extensive data for HMRC’s due diligence process, including the business plan and financial forecasts, how investments will be used, details of all trading, activities and expenditures, and the investor proposal. What is the EIS? The EIS was launched in 1994 by the UK government as a [...]

GreenMine begins its run of the entrepreneurial gauntlet to Institutional Investment

3 February 2024 admin 0

Dear All, Did you know that Running the Gauntlet has no relation to the glove? The term “Running The Gauntlet” dates from the first half of the 1600s, and derives from the word gantlope, which itself comes from the Swedish word gatlopp, for “lane-course”. It was in fact a form of military punishment where a man ran between two rows of soldiers who struck him with sticks or knotted ropes. Sometimes, it seems to me this is what the entrepreneurial gauntlet feels like. In the early stages, nobody wants you to win apart from your Mum. G8 and are now passing them onto [...]

GreenMine secures first waste carbonisation site in Wales

2 February 2024 admin 0

UK-based waste carbonisation business, GreenMine, has secured its first operational site – an industrial location in North Wales. It will take control of the two-acre industrial site from the start of March and has already commenced planning and environmental permitting applications that are anticipated to conclude by the end of 2024. The site has a 20-year lease, with a 20-year feedstock contract and an offtake contract to the National Grid. John Bell, Managing Director at GreenMine said: “This is a really significant milestone for us in commercialising this near-to-zero emissions solution to landfill for the UK. We expect to initiate manufacturing of the first [...]

350 PPM LTD: Highlights of 2023 – PART 5

12 January 2024 admin 0

Please see below for Part 5 of our 2023 highlights series though GreenMine is really our focus for 2024. GreenMine has co-developed a zero emissions waste processing technology that can process new waste as well as existing legacy waste in landfills. GreenMine's process produces valuable offtakes and green power. Thus, GreenMine provides a waste solution, a landfill liability solution and facilitates a housing solution in the UK and soon, worldwide, through landfill clearance, remediation and redevelopment. With your help, we anticipated GreenMine will go on a tear this year. The road ahead is paved with counterparties that wish to work with GreenMine, funders [...]

ENG8 at Greenbackers COP28 (Pitch) in London

11 January 2024 admin 0

GREENBACKERS Investment Capital are specialists for cleantech and climate technology venture capital and first-institutional funding. They help start-up and scale-up founders who either: can’t afford the fees of a big investment house, worry that most advisors are too ‘generalist’, or are too busy running their businesses to do it themselves. Greenbackers hosted its’ bi-annual Super Pitch in London in December…with 20 fantastic cleantech businesses in a room full of investors. ENG8 also presented their pitch with 350 PPM's Chairman, Nicholas Dimmock and Haslen Back, Co-Founder and BDO at ENG8, presenting the pitch. "We know that the ENG8's EnergiCell works because it has [...]

350 PPM LTD: Highlights of 2023 – PART 4

11 January 2024 admin 0

Please see below for Part 4 of our 2023 highlights series. ENG8 now completing due diligence with two institutional funders for 10M Initial Investment. We were introduced to ENG8 International Ltd in February 2022. They and their team of operators, engineers and scientists had developed the EnergiCell, in which a low energy nuclear reaction (LENR) involving catalysis occurs. Its fusion Jim, but not as we know it. Quite how it works is still being interpreted, but ENG8 are naturally nervous about giving away the ingredients to their secret sauce. My personal belief is that when the H20 molecule is plasmarised, the hydrogen downgrades from [...]

350 PPM LTD: Highlights of 2023 – PART 3

10 January 2024 admin 0

Please see below for Part 3 of our 2023 highlights series. Megawatt Mosaic Records 1st Year Revenue of €86,596.25 Megawatt Mosaic Ltd is a joint venture between 350 PPM, its team as individuals and the team from an existing and successful Solar and BESS (Battery Energy Storage Systems) pre-construction developer. I say successful, as our partners had a track record of the sale of 17 pre-construction development projects in the three years before they joined Megawatt Mosaic. Pre-construction development is everything that needs to happen before project construction can start. The fundraise occurred in late 2022 and was completed in Q1 2023. It [...]

350 PPM LTD: Highlights of 2023 – PART 2

9 January 2024 admin 0

Please see below for Part 2 of our 2023 highlights series. Organic Heat Exchangers Ltd is the inventor of the EnergiVault, which is a COLD Battery. With energy storage, it's proven that it is much more efficient and effective to hold the energy or lack of it (in the case of cooling), in the medium of use. If you need cold, hold the energy as cold, heat; hold it as heat, etc etc. This is the principal of EnergiVault – the cold battery. Cooling probably represents circa 20% of energy usage worldwide. In some locations up to 80% of a country’s electricity [...]

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