Renewable money blog Archives - Page 5 of 13

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

23 May 2023 admin 0

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 [...]

UK could unlock £70bn a year in renewable energy, report claims – The Guardian

21 May 2023 admin 0

Plausible for UK to become global clean energy superpower if investment is ramped up The UK could unlock £70bn every year by generating enough clean electricity to become a major exporter of energy to mainland Europe, according to a former government economist. A new report has found that by increasing Britain’s clean electricity generation 50% above its current projections for 2050 it could become a clean energy superpower capable of exporting £17bn of green electricity to Europe a year. The ambition to generate more green electricity than needed to meet the UK’s climate targets could also create an additional 279,000 British jobs, and support a [...]

Floating solar panels on reservoirs could power a third of the world, study finds – Independent

14 May 2023 admin 0

The world’s 115,000 reservoirs hold the potential for a clean energy revolution, scientists say Solar panels installed on reservoirs could generate enough electricity to power a third of the world, according to a new study. Floating photovoltaic systems, known as “floatovoltaics”, also have the added benefits of reducing evaporation by shading the water, as well as preserving land for other uses. An international team of scientists calculated that 30 per cent coverage of global reservoirs could produce 9,434 terawatt hours (TWh) of power per year. This would meet more than twice the energy demand of the entire US annually. Annual global energy consumption [...]

Charles III: A green king? – E&T

7 May 2023 admin 0

“It all seems obvious to me,” King Charles III recently told German President Frank-Walter Steinmeier, referring to the need for a green transition. During a boat ride to an electrolyser site in Hamburg’s harbour, the UK’s new monarch confessed he felt like he was becoming “a frustrated old man” over attitudes to the climate emergency. The King is certainly no stranger to the climate fight. Over the last 50 years, Charles III has been very public about his concern for the environment, with many of his statements blurring the lines of the Crown’s political neutrality. In this way, his accession to [...]

Investor Update Q1 2023

30 April 2023 admin 0

Dear All Please find below update on companies we are currently working with: Organic Heat Exchangers: O-Hx is the inventor of EnergiVault; a hybrid cooling and Cold Energy Storage System, that can reduce the costs and carbon emissions of industrial cooling by up to 80%. Energivault is being officially launched on the 15th and then the push for commercial sales starts, assisted by real world savings which will be beamed directly to our website. Overall, we are 6 months behind where we should be but delays in small company development are to be expected. For investors, O-Hx has just funded at £0.32, a 400% [...]

UK ministers review bidding process for funding new renewable energy projects – The Guardian

23 April 2023 admin 0

Ministers are considering an overhaul of the bidding process to fund new renewable energy projects in an effort to create green jobs, amid Joe Biden’s subsidy race. The government said on Monday it has begun a review of the “contracts for difference” (CfD) scheme, which is used to determine the price of electricity from offshore wind and solar farms, with the aim of adding factors such as how many jobs they create to the regular auctions. The move comes partially in response to the net zero review by the former energy minister Chris Skidmore and amid a global race to provide greater subsidies for [...]

UK ‘must act now on renewable energy or risk being left behind’ – The Guardian

8 April 2023 admin 0

Government needs to introduce new ambitious energy policies before next general election, advisers say Ministers must take control of the UK’s energy system, removing the barriers to planning permission and problems with the national electricity grid, to build the windfarms and other renewable power needed to meet net-zero goals, government advisers have warned. Chris Stark, chief executive of the committee on climate change, the statutory adviser, said the task was too urgent to wait until after a general election, expected within the next 18 months. “It would be an enormous mistake to wait until the next general election to introduce new ambitious [...]

The First New Renewable Energy for 70 Years

23 February 2023 admin 0

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 [...]

EnergiVault 0000001 Shipped

9 February 2023 admin 0

First Energivault charger loaded and ready for delivery to Quotient Scientific. Organic Heat Exchangers have recently released their Series A video, which is now live on their blog. View Video Here Information Memorandum for Organic Heat Exchangers can be downloaded by clicking below: Download Information Memorandum

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

5 February 2023 admin 0

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, [...]

Tag: Renewable money blog