Redflow, the Brisbane-based manufacturer of Zinc-Bromine flow batteries, is in the process of raising A$14.5 million (£8.7m) on the Australian stock exchange. This follows similar exercises in 2016 and 2015 that raised A$12m and A$16m respectively. Is this money well invested? The missing link in the use of wind and solar production has been the [...]
Velocys, the makers of gas to liquids (GTL) reactors, announced today that it had produced the first liquids from its plant in Oklahoma. The company also recently announced the establishment of two strategic alliances: one with Morimatsu, an engineering firm, and another with Thermochem Recovery International (TRI), who make gasification systems. Velocys’s share price is [...]
Leeds H21 City Gate is the project led by the Northern Gas Network (NGN) to change the network in the Greater Leeds area from natural gas to hydrogen by 2029. It is seen as a feasibility project for a future hydrogen economy. In a talk at an Oxford Energy colloquium on January 24 Dan Sadler [...]
Ilika, the developer of specialised small Lithium-ion solid-state batteries and of new materials, continues to live on grants and research funding. In the half-yearly report released on 9 January the company announced success in obtaining a new grant for £365 thousand over 3 years and two notices of intent for grants amounting to £1.4 million [...]
Nature Group, which handles marine waste, announced two days ago the sale of its Gibraltar subsidiary to Gib Oil Limited for £4 million, £3m up front and £1m in escrow for up to two years. This will bring much needed liquidity and hopefully and end to a long period of restructuring. For while the Group [...]
Torotrak is all about reducing fuel consumption and emissions from vehicles. With the continual pressure on manufacturers to improve in these areas, you might think that Torotrak was a safe bet. Why then has the share price fallen steadily from above 50p in 2011 to 2.0p today, with a particularly sharp drop in December? The [...]
Greenbarrel.org took advantage of a holiday in the United Arab Emirates to visit Masdar City, Abu Dhabi’s test bed for a sustainable eco-city, whose long-term goal is to “…transform Abu Dhabi’s economy from an oil foundation to one with a knowledge and innovation base.” The goal is ambitious and so is the term “city”. In [...]
Infrastructures India plc (IIP) is a closed-end investment fund based in the Isle of Man with a portfolio of Indian assets valued at £326 million in its recently published interim report to end September 2016. More than 80 per cent of the portfolio is invested in the wholly owned subsidiary Distribution and Logistics Ltd (DLI), [...]
In the half year to 30 September Suzlon reported a strong growth in its wind turbine business with promise of more to come. Wind power installations have increased to 0.58GW in H1 2016/17, 29 per cent over H1 2015/16. Suzlon’s business is primarily in India where the summer monsoon restricts the amount of capacity that [...]
Accsys make acetylated wood panels and wood chips at a plant in the Netherlands, which is now working near its capacity of 40,0000 cubic metres per year. Earlier plans to license manufacturing rights to other companies did not work out, so last year Accsys launched projects to double the capacity of the existing Dutch plant [...]