Heating has long been recognised as the most difficult area to decarbonise, so the announcement by the Department of Business, Energy and Industrial Strategy on 11 April of a new scheme supporting heat networks was good news. The scheme will offer grants and loans to both public and private sectors, consumers and public buildings such [...]
The Renewables Infrastructure Group, TRIG, is an asset manager whose portfolio includes both wind and solar farms in the UK, Ireland, Corsica and the south of France. The wind farms were all onshore until 2017 when the company bought an interest in its first offshore wind farm, Sheringham Shoal off Norfolk. Electricity production in 2017 [...]
Cork-based EQTEC would like to focus on its proprietary gasification technology for converting waste to energy. In most conventional Energy-from-Waste (EfW) plants the waste is used to generate heat which then powers a district heating scheme or produces steam to drive an electric generator. EQTEC’s technology, EGT, converts waste into syngas, which is similar in [...]
PhotonStar LED Group has evolved over the years from being a designer and manufacturer of smart LED lighting solutions to one of intelligent lighting and building control solutions. LED lights are still at the heart of PhotonStar’s business, but the market for lighting fixtures on their own is mature and challenging, with revenues and profits [...]
On 26 February Greencoat UK Wind announced a strong set of results for 2017. During the year the company increased its generating capacity from 420 to 694 MW by acquiring 10 new wind farms and increasing its stake in the large Clyde wind farm. As a result net cash generation was £80.1 million (2016: £49m), [...]
In its unaudited interim results for the six months to 31 December 2017 Sabien Technology Group announced that revenues increased to £426,000 (2016: £298,000) while loss before tax was reduced to £225,000 (2016: £826,000). Net cash at the end of the period was £133,000 (2016: £240,000). In spite of the significant improvement in revenue Sabien’s [...]
On the 26 January Infrastructure India plc (IIP) announced that it had secured a further US$3 million as bridging loan, bringing the total to $21m, all of which is due for repayment by 29 June 2018 at the latest. In the meantime the company is paying a large12 per cent interest on the loan. IIP [...]
On 29 January Porvair, the specialist filtration and environmental technology group, announced its results for the year ending 30 November 2017. Revenue at £116.4 million showed a steady increase over the previous year (£109.4m), but still only twelve per cent above that in 2014. Profit before tax, however, increased to £11.7m, a healthy sixteen per [...]
In a quarterly newsletter released on 19 January AFC Energy announced that it “…is building a compelling case for commercial deployment…” of its system. AFC has been developing alkaline fuel cells for several years and had said in 2015 that it would have a commercial version ready by the end of 2017. Building a commercial [...]
The last year has been up and down for the Indian solar industry. It started well with some record low auction bids in February, for example Rs3.3 per kWh (£36 per MWh) for a project of 750MW in Madhya Pradesh. The project was accompanied by new payment guarantees and the introduction of a “deemed generation [...]