Veditek, who listed on AIM in August 2017, produced their annual report for 2017 on 29 June 2018. Verditek holds major positions in three cleantech companies: Greenflex, in which it holds 51 per cent, is based in Italy and plans to make flexible, lightweight solar panels: BBR Filtration (51 per cent) in Hampshire makes fluidised [...]
Aggregated Micro Power Holdings (AMPH) announced revenues for the year to 31 March 2018 of £43.2m for a profit of £1.9m, compared with £19.7m and £1m for the previous year. AMPH has three divisions: Wood Fuels, Project Development and Investments. Wood Fuels sells wood pellets and chips through contracts for either fuel or heat. In [...]
At first glance Active Energy Group’s financial results for 2017 make disturbing reading. Revenue is zero for a loss of £14.8 million, compared with a revenue of £19m and a loss of £2.5m in 2016. In fact there was some revenue in 2017, but all from the Ukranian wood fibre business which the Board decided [...]
Varun Sivaram is worried that solar energy might follow the same path as nuclear: initial enthusiasm followed by disillusion caused, in nuclear’s case, by lack of social acceptance and cost. As a Rhodes scholar who researched perovskite cells and with degrees from Stanford in both engineering physics and international relations he is well placed to [...]
Alkane Energy describes itself as a “gas to power” company, with 40 employees managing a capacity of 160MW, the size of a small power station, and producing about 300GWh per year of electricity from gas at 31 sites mainly in the Midlands and Yorkshire. In spite of the dependence on gas, the company is keen [...]
On 17 May RedT released its results for 2017 showing a revenue of €11.8 million, up from €10.8m in 2016, for an operating loss of €7.5m (2016: 6.2m). However, these results are no indication of the future as they are dominated by the company’s Camco carbon trading and consultancy business, which was effectively divested by [...]
On 29 May Proton Power Systems (PPS), the maker of hydrogen fuel cells from their factory near Munich, reported revenues of £1.12 million for 2017, down 44 per cent from £1.99m in 2016, but close to the average of £1.07m for the years 2013-15. The reason for the increase in 2016 was a large order [...]
On 4 May Velocys announced that it had received from Red Rock Biofuels a notice to proceed with the construction of Fischer-Tropp reactors and catalysts for a biorefinery located in Lakeview, Oregon. RRB is part of the IR1 Group that has built ten biofuel plants in the US with a total capacity of 390 million gallons. [...]
At an Oxford Energy event on 1 May Andreas Löhrke, Head of R&D High Performance Powertrain Components at BMW, talked about his company’s plans for electric vehicles. Mr Löhrke is based in Oxford, where the company will build the electric Mini, and where it is involved with McLaren and the UK government’s Advanced Propulsion Centre [...]
Fracking has become the object of intense opposition which has unfortunately deflected attention away from the real issues concerning the exploitation of shale gas in the UK. The main arguments against exploitation are, of course, that burning it emits CO2 and it is not renewable, but we know that gas will be needed for many [...]