Ene.field, a community of users, installers and manufacturers led by the EU-backed European Association for the Promotion of Co-Generation, has reported on its 5-year project to analyse the viability of micro Combined Heat and Power Systems based on fuel cells (FCmCHP). One thousand systems were installed in residences across Europe and their performance measured over [...]
PowerHouse Energy Group (PHE) belies its name by having no revenue and no employees. The interim report for the six months to June 30 2017 released in late September shows a loss of £696,849 (H1 2016: £881,025). PHE’s expertise is in ultra-high temperature (> 12500C) gasification of waste through destructive distillation. By heating at this [...]
Mytrah Energy Ltd, the Indian wind and solar energy provider, has published its interim results to June 30 2017 which show that, on a directly comparable basis, revenue increased 53 per cent over H1 2016 and earnings before interest, tax, depreciation, amortisation (EBITDA) increased 43 per cent. Commenting on the results, the chairman, Ravi Kailas [...]
Velocys’ interim results, announced on September 30, showed lower revenue and increased losses. Revenue was £0.2 million (H1 2016: £0.5m) for a loss of £10m (H1 2016: £7m). The share price dropped to 35p, thereby losing most of the gain from two weeks earlier when a partnership was announced to provide jet fuel to British [...]
The BP Statistical Review of World Energy for June 2017 states that “….there is no such thing as the behaviour of ‘US tight oil’; the Permian is very different to Eagle Ford which is different to Bakken. So beware of generalizations”. Note the use of the term “tight oil”. Outside the oil industry and in [...]
Interim results for Modern Water show revenue of £1.56 million to 30 June 2017, up from £1.14m for H1 2016 but less than £2.49m for H2 2016. Loss before tax was £1.79m, up from £1.72m in H1 2016 and £0.85m for H2 2016. The board can, and does, claim progress over H1 2016 but overall [...]
Verditek plc was admitted to trading on AIM on August 10 after raising £2 million in share subscription. Verditek, which was incorporated in April 2016, is a holding company that has bought a stake in three very different private clean technology companies. First is a 51 per cent stake in Greenflex Energy Ltd which owns [...]
In November 2016 Intelligent Energy (IE) ceased its energy management agreement with the Indian telecom infrastructure company GTL. This contract had produced large revenues but little profit. The original hope, that this would open the large telecom tower market to IE’s fuel cells, was apparently not working out. IE is now fully focused on fuel [...]
Aggregated Micro Power Holdings (AMPH) is on a roll. Revenues for the year to March 2017 were £19.7 million, up hugely from £1.3m for the 15 months to March 2016, with profit before tax at £0.9m compared to a loss of £7.6m. And there is more to come. Most of the revenue (£15.8m) comes from [...]
We recently wrote about Redflow’ s involvement in grid and off-grid energy storage through the use of Zinc-Bromine batteries. This article on the exciting developments in battery technology looks at the possibilities for Flow Batteries in this area. The distinguishing feature of a flow battery is that the electrical energy is stored in a liquid [...]