Tag: Megawatt Mosaic

350 PPM LTD: Highlights of 2023 – PART 3

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 [...]

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Megawatt Mosaic Investor Update

Wind power and solar energy are the most widely used renewable energy sources, but while these sources of power are clean and renewable, they have one main disadvantage — they are not available 100% of the time. Solar power is only available during the day, while wind does not blow continuously. Solar power is, therefore, mostly available when there is less of a need for lighting homes for example. Wind power is a variable resource, and the amount of electricity produced at any given point in time by a given plant will depend on wind speeds, air density, and turbine characteristics [...]

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350 PPM Updates: Pyrolysise Ltd Launches SEED Round, Megawatt Mosaic Reports on Development

Two pieces of news from two companies we have been assisting since 2021: Pyrolysise Ltd and Megawatt Mosaic: 2022 Megawatt Mosaic Investor update, Sept 2023 Megawatt Mosaic and our partners have analysed 744 Italian substations. As of 1 April 2023, we have 1.37GWn in grid capacity request, of which 882MWn is grid authorised. We plan to develop the best sites, sell these on at ready to build stage and expand into other European locations.As of September 2023: Our investment in a first wave of projects (five projects totalling 430MWn in Italy) is being divested – this will generate 2.5 times the initial capital investment [...]

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O-Hx (with a 2 MWh Cold Battery) and ENG8 (with Catalysed Fusion Energicells) Updates

Here are the updates from Companies 350 PPM is working with at the moment: The first Energivault is now operating at Quotient Sciences, at their plant in Alnwick, above Newcastle.An open day was held in July.Energivault has been shortlisted for: Refrigeration Innovation of the Year at The RAC Cooling Industry Awards, and thus is a finalist, taking place at The Grosvenor Hotel on 21st September.O-Hx and EnergiVault has been featured a fair bit in the press. Ultimately, in simplest terms and not even using the AI being developed to learn the best times for operators to charge and discharge Energivault, if using Octopus Variable Tariff, each night, [...]

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O-Hx Product Launch, MM Raising £50M, ENG8 VC £10M Raise at £100M Valuation

Please see below update on some of the 350 PPM Incubated Opps we are working with: Generally, for product launches, if you offer free alcohol, canapes, somewhere salubrious in London on a Thursday night, people will flock to the opening of a fridge. Organic Heat Exchangers reversed this and launched EnergiVault (Cool Net Zero), on a Monday, in Alwick (100 miles from Edinburgh), with no alcohol, during the day, and amazingly, achieved a full house including many members of the press who had travelled 200 miles. EnergiVault is a hybrid cooling and energy storage device. Cooling represents circa 20% of global energy [...]

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The First New Renewable Energy for 70 Years

ENG8: Please find below link to our promotional video for ENG8, who have developed the first renewable energy technology for 70 Years, via The EnergiCell (TEC) which can generate upto a COP of 30. (HeatPumps can manage 3). You can also download the Information Memorandum by clicking below: View ENG8's Promotional Video Download Information Memorandum Organic Heat Exchangers Ltd: O-Hx is due to go live again on Crowdcube for their Series A Raise. There are service advantages for larger investors to invest directly with O-Hx. Smaller investors, you are more suited to Crowdcube. To download an IM directly from O-Hx and to Pre-register and assure your allocation [...]

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MEGAWATT MOSAIC SECURES HELEN PASSFIELD, GETS READY TO DEPLOY AND RECEIVES CONSTRUCTION FINANCE OFFER

Megawatt Mosaic (MM) has now signed an Employment Contract with Helen Passfield (BA CIMA) for the role of Managing Director. Cedric Berard moves to Chairman, Isabel Prat (LLM Commerical Law, Master in Legal Practice) joins as Director. Here, Helen talks about her experience in renewables dating back to 2010, with some of the most prestigious names in the sector, including Lightsource, Impax, Octopus, Blue Tree and Allianz, and how she sees MM developing in the first three years:  Helen Passfield Interview MM is now due to deploy into the first 10 projects, in partnership with other investors and operators, including our main partner, [...]

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OFFSHORE WIND AND BESS TAKE CENTRE STAGE IN NET ZERO DRIVE

The link below takes you to all the energy nodes across europe along with grid lines: See all the Energy Nodes Across Europe Click in ” Legend ” at 9 O’clock and you can see the voltage of the lines and the mosaic of power generation plants in operation and planned. Click on the white spots out at sea and these are the offshore wind farms. White spots on land are power generators or substations. Checked Lines are gridlines in development. What does this all tell us? There is a huge huge volume of offshore wind being introduced. WEGS are no longer 1 MW from [...]

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350 PPM News: O-Hx releases Series A video and Megawatt Mosaic Pre-Launch Expressions of Interest Now Active

Organic Heat Exchangers have released their Series A video, which is now live on their blog. View Video Here O-Hx was the first company that we funded under 350 PPM’s new Marine Corp initiative. This is where the whole PPM team parachute into the target business, adding additional skill sets in fields away from standard engineering, and most importantly, allowing them to get on with their business, while we do the rest.  Organic Heat Exchangers, with its hybrid cooling and energy storage system, Energivault®, is looking like another winner. Priced at 32p per share in the Series A round creates a paper profit [...]

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