Cleantech Business News JanFeb18

sbsmith

the magazine for everything Green!

in this edition . . .

British Prime Minister

announces new measures to

tackle effects and causes of

climate change

Biological House

Sustainability & Investment

EV Charging Networks

and much much more!

January / February 2018 FREE

EV Everywhere

Zero-emission commercials,

All-electric car sharing,

The Budget, Scrappage Schemes,

Charging networks and more..

◼ GOVERNMENT STRATEGIES ◼ LATEST DEVELOPMENTS ◼ INVESTMENTS & AQUISITIONS


January / February 2018

Foreword

Happy New Year to you all.

Cleantech Business News aims to deliver

interesting stories and enterprising features,

on new and exciting clean technologies.

The magazine for everything green!

Clean technology is one of those subjects that

just isn’t going to go away. The public’s interest

in renewable energy and green technology is

growing, in the quest for more sustainability.

We hope you will take inspiration from the

subjects and products in this issue.

get in touch

Cleantech Business News Ltd

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©Cleantech Business News

Cleantech Business News Ltd claim exemption from

any liabilities in this publication due to inaccuracies or

negligence. All information is accepted in good faith

from clients or with the client’s permission and we

accept no responsibility to their accuracy or fact.

sbs layout

publishing

design

This issue is a little later than I first planned,

but this means you wont have to wait as long

until to next issue – better late than never!

Early January has seen my inbox bulging with delicious stories for our little

magazine. In fact, there has been so much relevant content that I have

sadly had to miss quite a lot out. It is becoming clear that we will soon

have to extend our page count, but in order to do this we will have to start

looking for some advertising. If you are interested in becoming part of our

family and would like to advertise your clean, green products and services,

then please get in touch.

This issue was advertised as the EV Issue, and I had hoped to have a

comprehensive round up of leading manufacturers’ plans for the coming

year. But, despite my requests, only 2 companies came back to me with

content for this issue – It will be obvious who they are while flicking

though this edition, so please don’t think I am being biased in any way. I’ve

read plenty of encouraging news about the future of EV, and I see the

technologies are coming on leaps and bounds. It seems that Governments

and councils could do more to facilitate the EV revolution, but there’s no

denying that we are heading towards a greener & low carbon future.

Don’t forget to check our website regularly, for breaking news and any

stories that didn’t make it into the magazine.

SimonBSmith

Simon Beverley-Smith

Editor, Cleantech Business News

in this issue

Some of the articles & green issues in this edition.

UK Chancellor stays plugged into the electric car

revolution ...................................................... 6

Smaller firms turn to sustainability for growth and

investment ................................................... 10-11

Barclays launches pioneering range of green Corporate

Banking products .......................................... 18-19

Global Coalition of states and regions surpasses

landmark 200 jurisdictions .............................. 24-25

EU Finance Ministers declare carbon pricing key to low

carbon economy ........................................... 40-41


4

£140 million of new

funding to help the

world’s poorest

communities address

the effects of climate

change

PM announces new measures to tackle

effects and causes of climate change

UK Prime Minister Theresa May announces new funding to tackle

climate change as she attends the One Planet Summit in Paris

The UK will provide a £140 million boost to

poorer communities around the world which

are disproportionately affected by climate

change whether through deforestation or

vulnerability to natural disasters and climate

extremes. This will include an additional £30

million through DFID’s Building Resilience and

Adaptation to Climate Extremes and Disasters

(BRACED) programme.

This funding will help two million more of the world’s

poorest people to cope with climate shocks, bringing

the total to 7 million people supported with irrigation

for better harvests, support in planting more resilient

crops, improved forecasting and help to develop

insurance schemes. And by helping to build resilience

to extreme weather we will reduce the need for

communities to call on emergency humanitarian

support when disaster strikes, reducing dependence

on aid.

The Prime Minister will also announce £15 million of

additional support for reconstruction on the island of

Dominica in the Caribbean, one of the regions that is

most affected by extreme weather associated with

climate change. This money will support

reconstruction of the island’s water system which was

destroyed by Hurricane Maria. UK funding will help

rebuild the system to make it better able to withstand

future extreme weather events.

From:

Prime Minister's Office, 10 Downing Street and

The Rt Hon Theresa May MP

SOURCE: www.gov.uk/government/news

To help other individual countries and territories in the

Caribbean become more resilient the UK will give £8

million of additional funding for activities including

better crisis and response operations on the islands;

training and improvements to communications

systems; casualty management training; and mapping

of high risk areas.

Poor communities are also disproportionately affected

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5

by climate change through deforestation, with one

billion people around the world reliant on forests for

their livelihoods. That is why today the Prime Minister

will commit a further £87 million through DFID’s

Forest Governance, Markets and Climate (FGMC)

Programme. This money will help local communities

who depend on forests to accelerate efforts in the fight

against illegal logging and support trade in legal

timber.

In her remarks at the Summit the PM will underline

how the UK is leading an international effort to meet

the commitments made under the Paris Agreement.

She is expected to set out how the UK and Canada-led

Powering Past Coal Alliance is driving the

international community and big business to phase out

the use of unabated coal.

Since being launched at a UN climate change

conference last month in Bonn nearly 30 countries and

regions have signed up and today will see a number of

additional partners join the alliance including Sweden,

California and large businesses such as EDF and

Unilever.

And the Prime Minister will demonstrate the UK’s

commitment to putting clean growth at the heart of

our Industrial Strategy by announcing that the UK will

host a global Zero Emission Vehicle Summit next

autumn, bringing together Ministers, industry leaders

and sector representatives from around the world to

further the development of the low emission and

electric car market. The Summit will cement the UK’s

position as a world leader in the low emission and

electric vehicle industry and build on the government’s

manifesto commitment for almost all cars and vans to

be zero emission by 2050.

Prime Minister Theresa May said:

Tackling climate change and mitigating its effects for

the world’s poorest are among the most critical

challenges that we face. That is why I am joining other

world leaders in Paris today for the One Planet

Summit and committing to stand firmly with those on

the front line of extreme weather and rising sea levels.

And by redoubling our efforts to phase out coal, as

well as build on our world leading electric car

production, we are showing we can cut emissions in a

way that supports economic growth.

The UK will host international

Zero Emission Vehicle Summit in

Autumn 2018

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6

UK Chancellor stays plugged into the

electric car revolution, says GlobalData

Delivering his second Budget as chancellor onthe

22nd November 2017, Philip Hammond announced UK

government funding of over £340 million to boost sales

of electric cars and to develop new regulations for

driverless cars. The Chancellor confirmed that the

government’s ambition is to create "the most

advanced regulatory framework for driverless cars in

the world" with a road worthiness target date of 2021.

According to GlobalData, a leading data and analytics

company, last year’s total UK electric vehicle

population reached 33,400 cars. Following yesterday’s

announcements the company estimates this number

will increase four-fold to reach 120,000 electric cars by

2020 representing an average annual growth rate of

37.4%.

Panos Emmanouilidis a Senior Analyst at GlobalData

commented, ‘‘We have revised our electric vehicle

sales estimates for the UK upwards based on

yesterday’s Budget announcement that the

government with funding support from industry will be

spending £440 million on research and infrastructure

development and a further £100 million to offer

discounts for people buying electric vehicles until

2020.

a consequence according to GlobalData estimates

sales could fall by as much as 45% in 2017. This

contrasts with a rise of nearly 80% in electric vehicle

sales in neighbouring Sweden and an average 30%

rise across the European Union during the same

period where many governments have maintained

their subsidies.

The UK Chancellor also revealed that the benefit-inkind

tax for charging an electric car at work will be

removed.

Emmanouilidis added, ‘‘The launch of more affordable

electric vehicles over the next three years in

combination with UK government subsidy support will

make electric vehicles more appealing to UK motorists

and increase demand. The key announcement in the

budget was the £400 million infrastructure investment

which will deliver many more charging points. Without

an adequate charging network capable of meeting the

growing demand for electric vehicles, motorists will

remain hesitant about investing in this technology.’’

‘‘The challenge remains that sales of electric vehicles

are still heavily dependent on tax benefits and funding

support from the government, so the extension to 2020

is welcome news. When this support is removed as

was the case in Denmark last year, sales of electric

vehicles show rapid decline.’’

In 2016, the Danish government decided to phase out

financial incentives on buying electric vehicles and as

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7

FLOOD EXPO

SPONSORED BY:

INES GONCALVES PLAYED A PIVOTAL ROLE IN MAKING

SEPTEMBER’S FLOOD EXPO 2017 THE MOST INCREDIBLE

FLOOD EXHIBITION ON THE PLANET, NOW SHE’S BEEN

APPOINTED AS THE SHOW’S NEW EVENT DIRECTOR.

Ines Goncalves

Event Director – Flood Expo

As the new Event Director for the

Flood Expo, I’d like to take this

opportunity to both introduce

myself and say what a privilege it is


event on the planet.

Having been in the industry since

2013, I’ve kept a keen eye on the

show since its inception and have

watched it go from strength to

strength – establishing itself as the

annual meeting place for the global


professionals, experts and suppliers.

It’s such an exciting time for me to

be taking up the reins of the show.

The buzz generated by September’s

incredible Flood Expo 2017 is still

coursing through the sector.

Attracting representatives from

NASA, UN Climate Change, The


Environment Agency to London’s

ExCeL over two action-packed days,

a record-breaking 2,721 visitors

attended the event.

This audience included decision

makers and industry leaders from as


and South Korea – and 97% of the

visitors have expressed their desire

to return for the highly-anticipated

Flood Expo 2018.

Due to the calibre of attendee at the

event, an astonishing 88% of the

show’s 200 innovative exhibitors

The buzz

generated by

September’s

incredible

Flood Expo 2017

is still coursing

through the sector

have already rebooked for next year,

with 58% even opting to increase the

size of their stand for 2018.

Despite the event’s roaring success,

I have plenty of ideas on how we can

take the show to the next level and


future.

One of the ways we will achieve

this is through the introduction of

our unique Prescription Marketing

system – which ensured our record

breaking exhibitor rebook rate.

With this and other new, exciting

additions to our exhibiting and

sponsorship packages, the Flood

Expo 2018 will reach a new, higher

level of success.

I look forward to working with

you all over the next 12 months as

we strive to showcase even more


prevention, management, and

rescue.



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8

World’s first Biological House unveiled

Kebony cladding completes Denmark’s sustainable visitor attraction

The world’s first ‘Biological House’ has opened its

doors to visitors and sets a new high standard for ecofriendly

buildings. The leading forces behind this

innovative build, Een til Een, built the house in secrecy,

and eventually welcomed visitors from all over the

world.

Located in Middelfart, Denmark, and made from

upcycled materials including Kebony Character

cladding, a beautiful wood recommended by leading

architects, the Biological House is a modern,

sustainable and modular housing concept with a

specific focus on architecture, materials, indoor air

quality and unique design. A ‘biological house’ is

typically built with upcycled agricultural industry

residual products, materials including grass, straw

and seaweed, which would normally be considered

waste and burned for energy. These materials will

instead be processed into valuable natural building

materials, forming the bulk of the raw materials

needed for the project and thereby avoiding the

environmental impact that burning them would cause.

Design and construction of this novel project has been

a rigorous process, with innovative techniques being

tested and developed along the way. Instead of a

traditional concrete foundation, which is carbon

intensive and doesn’t allow the same recyclability, the

building sits upon screw piles, typically used for

building deep foundations with minimal noise and

vibration. The development is fully supported by the

Danish Ministry of the Environment Fund for

Ecological Construction, with all materials used in the

build thoroughly tested and approved and available

commercially.

Sustainability was of paramount importance to the

architects during all stages of design and

construction, so they selected Kebony for the cladding

due to its environmental credentials, as well as the

beautiful silver-grey patina it forms over time.

Developed in Norway, the patented Kebony technology

is an environmentally friendly process, which modifies

sustainably sourced softwoods by heating the wood

with a bio-based liquid. By polymerising the wood’s

cell wall, softwoods permanently take on the

attributes of tropical hardwood including high

durability, hardness and dimensional stability.

This project sets a precedent for sustainable

construction, as the property can be easily adapted for

each customer, using the latest digital production

technology to ensure the build is both quick and

accurate. Once constructed, the house can easily be

removed at any point without leaving a trace and

without causing any damage to the surrounding area;

it can then be rebuilt in the same or different context

elsewhere.

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9

From conception to completion, more than 40 major

partners have been involved in the construction of the

Biological House including Novofibre, Horn Group,

Thermocell, Derbigum, Rheinzink and Kebony. The

Biological House is the first construction to open as

part of the BIOTOPE - a unique new exhibition park and

knowledge centre for sustainable construction and

Denmark's largest permanent construction exhibition.

Kim Christofte CEO of Een til Een commented: “It’s

been a long project, and we have all certainly learnt a

great deal over the course of planning and

construction. It has been a pleasure to watch the team

find so many clever solutions to the problems

encountered along the way and we are delighted to

finally open the doors to share this unique house with

the public.”

Mona Gøtske, Country Manager Kebony Denmark

commented: "Being part of this strategic partnership

has been a real privilege, and we are thrilled to have

provided a façade solution for the world’s first

Biological House that demonstrates the strength and

sustainable values of Kebony in the best possible way.”

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10

Smaller firms turn to

sustainability for growth and

investment

Almost a third (30%) of smaller companies consider

having a sustainable impact on the community and

environment as one of their top three long-term

objectives, data from HSBC Commercial Banking

shows.

Indonesia (43%), UAE/Saudi Arabia (36%) and Australia

(34%) are the countries where firms are most likely to

focus their long-term strategies on this, as well as

companies in the Mining (42%), Utilities (38%) and

Manufacturing (37%) sectors.

In the poll of more than 1,400 decision-makers across

14 countries, half (50%) recognise their customers are

demanding products that consider environmental and

social impacts. This can act as a competitive

advantage. In fact, 59% of firms say that sustainable

business practices will improve their growth and

profitability.

Companies in the Manufacturing sector (72%) and in

India (68%), Saudi Arabia (66%) and Canada (66%) are

the most likely to recognise this commercial benefit.

Almost a third (30%) of companies globally also

believe that becoming a more sustainable business

will contribute to improving their financial

performance over the next three years.

To unlock further growth, more than a quarter (27%) of

smaller companies have prioritised investment to

become more sustainable, with firms in Saudi Arabia

(34%), Hong Kong (33%) and Australia (33%) the most

likely to have done so. In terms of sectors, Mining

(36%), Professional Services (34%) and Utilities (33%)

show the greatest commitment to becoming more

sustainable in terms of investment.

Commenting on the findings, Bryan Pascoe, Global

Head of Client Coverage, HSBC Commercial Banking,

said: “The importance of building sustainable

practices into their immediate and long-term

strategies has become a no-brainer for business

leaders. That’s what customers are demanding, and

that’s how businesses will find growth to compete in

today’s economy. It is positive to see smaller firms are

not only aware of sustainability as a potential gamechanger,

but many are already capitalising on trends

and taking action.

“What we, at HSBC, are doing is helping these firms

take this further. That means working with them to

look at their entire ecosystem to identify efficiencies in

their supply chains, adapt their product offering, and

meet the sustainability standards expected by their

buyers.”

On average, only 18% of smaller firms rated

sustainable actions as important to their business

today, however nearly half (46%) said they are

important to them in the short to medium term (next

three years). The action that has gained more

importance going forward for these companies is to

set up a dedicated team to be accountable for

implementing Corporate Social Responsibility (CSR)

initiatives.

An important area businesses can address now to

become more sustainable is to find operational

efficiencies in their supply chains. Almost half (47%) of

leaders identify this as a contributor to their

company’s financial performance over the next three

years.

Practical steps that firms can take to put sustainability

at the heart of their business include:

Looking for efficiencies in their supply chain that can

be both green and cost-effective. For example,

solutions which mean that raw materials travel

shorter distance can help cut emissions and save

transport costs

Adapting to customers’ changing preferences by

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EST. 1993

Power Store

EST. 1865

SKYRISE FLATS

TOWN MALL

11

SMALLER COMPANIES TURNING GREEN

The growth potential of embracing

sustainability.

Green Street Bakers

G U E S T

H O U S E

New research from HSBC reveals leaders of smaller companies are increasingly

recognising the opportunities for growth by giving customers environmentally

and socially responsible products.

Over half of smaller companies believe that adopting sustainable

business practices such as offering more environmentally

friendly products and services will boost profits.

“The importance of building

sustainable practices into

their immediate and longterm

strategies has become a

no-brainer for business

leaders.”

It is HSBC’s aspiration to be a leading global partner in the transition to a low-carbon

economy – both practically and intellectually.

changing their business model. Environmentallyconscious

consumers may respond well to products

sourced and produced in a sustainable way, which

could boost revenues

Companies based in India, Saudi Arabia and Canada are most likely to believe adopting

sustainable business practices will give their profits a lift.

T O W N

H A L L

The percentage of companies by country who agree or strongly agree with the statement:

“Sustainable business practices will improve my company’s growth and profitability.”

Investing in renewable sources of energy such as wind

turbines and solar panels as part of broader efforts to

manage their environmental footprint

Introducing and enforcing codes of conduct and

policies on issues such as human rights and

relationships with local communities

68%

At HSBC, we’re helping businesses become more sustainable by helping them identify

efficiencies in their supply chains and supporting them in providing more ethical and

environmentally friendly products and services.

30%

66% 66% 62% 62% 61% 60%

INDIA SAUDI ARABIA CANADA INDONESIA GERMANY AUSTRALIA UK USA

56% 56% 55%

54% 54%

HONG KONG FRANCE

MEXICO

SINGAPORE CHINA UAE

Just under a third of smaller companies regard their impact on the

environment and community as one of their top three long-term

objectives. Companies working in mining, utilities and manufacturing

sectors are most likely to view sustainability as a priority.

Percentage of companies by sector who regard making a positive,

ethical impact on their community and environment as one of their

top three long-term objectives:

42%

38%

37%

56%

44%

34%

Reporting on Environmental, Social and Governance

(ESG) performance. Transparency can be an important

first step in winning consumers and investors’ trust

For its 2017 survey HSBC polled decision-makers of

companies with between 200 and 2,000 employees in

Australia, Canada, China, France, Germany, Hong

Kong, India, Indonesia, Mexico, Saudi Arabia,

Singapore, the UAE, the UK and the US.

• 30% of smaller firms identify sustainability

as a top three long-term objective

Mining

Utilities

Manufacturing

Agriculture

30%

Financial

services

28%

Business and

professional services

27%

Accommodation

and food

26%

Wholesale

and retail

• 59% say sustainable business practices

will improve their profitability

24%

Construction

23%

IT and

communication

14%

Travel, transportation

and storage

HSBC’s market-leading Green Bond credentials and range of sustainable finance

tools and information make us the ideal partner to help clients work towards

a climate-resilient future, while developing opportunities along the way.

• 27% are prioritising investment to become

a more sustainable business

S

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12

Offers available

to owners of

pre-Euro 5 diesel

vehicles registered

before 2010

New year, new van:

Volkswagon Commercial Vehicles extends

scrappage scheme for 2018

Caddy Trendline

There’s good news for businesses looking to freshen

up their company transport in 2018: Volkswagen

Commercial Vehicles has extended the scrappage

scheme launched in September 2017 to encourage the

exchange of latest generation, lower-emission new

vehicles, in tandem with the removal of older, Euro 1-

41 emissions standards vehicles from the UK.

Owners of diesel vehicles that comply with pre-Euro 5

emissions legislation qualify for the Volkswagen

Commercial Vehicles scrappage scheme. They can

trade-in their vehicles and benefit from incentives –

ranging from £1,000 to £2,000 – against the majority of

new Volkswagen Commercial Vehicles vans that are

ordered by 31 March 2018 and registered before 30

June 2018. The trade-in vehicle needs to have been

owned by the customer for at least six months.

All new Volkswagen Commercial Vehicles petrol and

diesel models meet the latest Euro 6 emissions

standards, currently the most stringent yet.

The offer runs in conjunction with other attractive new

year offers for businesses looking for a fresh new van

for 2018. For example, combine the £1,000 scrappage

scheme incentive on any Caddy with the current retail

offer and there’s a saving of up to £2,500.

The ‘Euro 1‘ standard was introduced in 1992 to

help reduce vehicle emissions. Progressively

more stringent Euro standards have been

implemented since then, helping to

lower emissions still further. The

current ‘Euro 6‘ standard that all

new petrol and diesel cars

must meet is the

toughest yet.

Transporter Highline

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13

UK’s third largest wind farm

owner-operator launches as

Ventient Energy

Ventient Energy Ltd, the UK’s third largest generator

of onshore wind energy, and the largest non-utility

owner of onshore wind, has been officially launched.

With 34 wind farms located from Caithness to

Cornwall, comprising 507 turbines and 690MW of

installed capacity, Ventient Energy supplies the

equivalent of 420,000 homes annually, offsetting 0.75

million tonnes of CO2 equivalent a year.

The company was formed by combining the Zephyr

portfolio of 15 wind farms with 19 wind farms that

were formerly owned by Infinis, with the entire

portfolio of wind farms now owned by institutional

investors advised by JP Morgan Asset Management.

Today’s announcement follows completion of a

restructuring which moved Zephyr Investments Ltd

and associated wind farms to the newly formed

Ventient Energy.

As a result of these changes, asset management

services previously undertaken by Innogy Renewable

UK Ltd from their base in Swindon on behalf of Zephyr

Investments are now performed by Ventient Energy’s

team from its new headquarters in Edinburgh.

Approximately two-thirds of Ventient Energy’s power is

generated in Scotland. With the creation of Ventient

Energy, the top three UK onshore wind portfolios are

all headquartered in Scotland, further demonstrating

the economic value of the onshore wind industry to

Scotland. Ventient Energy has created 22 new jobs in

the past six months in preparation for these changes

and now employs a total of 44 staff. Thirty-one of these

staff are based in Edinburgh, at the company’s

headquarters in the city’s Frederick Street, and

provide administrative engineering and management

services. A further 13 staff are employed regionally

throughout the UK on management of the wind farms,

which combined, can support up to 100 maintenance

contractors daily, with additional supply chain benefits.

Ventient Energy’s community fund payments will total

£1.5 million in 2018, which will be utilised on qualifying

community projects and initiatives around the wind

farm sites.

Scott Mackenzie, CEO of Ventient Energy, said:

“We are excited to introduce Ventient Energy, now a

major player in onshore wind energy. We are the

largest non-utility owner of onshore wind in Britain.

We are ambitious - committed to creating prosperity

through safe and sustainable generation of renewable

sourced electricity, through quality job creation and

supporting the communities in which we operate.

“The UK onshore wind market is fragmented, and

Ventient Energy owns only 6% of market capacity at

present, so we see plenty of opportunities to grow our

installed capacity through consolidation.”

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14

Connected Energy leads research

collaboration to extend value-cha

of second life EV batteries

Connected Energy, a pioneer in site-integrated energy

storage solutions, is delighted to announce a

£1.3million collaboration with Jaguar Land Rover, WMG,

at University of Warwick and Videre Global to establish

key components of a second life battery value chain.

The project is co-funded by an Innovate UK grant,

awarded in October.

Connected Energy is based in Newcastle upon Tyne

with a technical centre near Norwich. Its British

designed E-STOR energy storage technology will be

adapted to integrate second life Jaguar Land Rover

batteries, with other work to be undertaken by WMG on

the use of varied second life battery modules. This

innovative approach will further increase Connected

Energy's knowledge base and performance of their E-

STOR systems.

Reuse of electric vehicle batteries is compelling

circular economy innovation. Second life enables

cleantechbusinessnews

greater exploitation of the carbon and energy

embedded in the manufacturing of the batteries,

adding to the sustainability credentials of electric

vehicles as well as the electricity system. Using second

life batteries also reduces system costs - making

energy storage systems financially viable for a wider

range of end users.

Matthew Lumsden said “Connected Energy is extremely

proud to be working as part of this consortium to

explore how we can extend the value chain of second

life batteries in the future. Our status as world leaders

in the field of utilising second life electric vehicle

batteries is enhanced with the involvement of WMG.

With the expertise of Videre Global, exploring

developing world applications further bolsters the

sustainability credentials of our E-STOR system”.

Ryan Fisher, Jaguar Land Rover’s project lead said,

“From 2020 all new Jaguar Land Rover vehicles will

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15

in

“..the ability to effectively

manage an ad-hoc collection of

battery technologies in a holistic

manner is particularly pertinent

to the deployment of localised

energy storage solutions within

developing countries.”

have the option of electrification. This project explores

how automotive batteries can be given a second life in

energy storage solutions to support wider industry

needs.”

WMG is the academic partner to the project, a

department of the University of Warwick with a pedigree

in energy storage research. Dr James Marco at WMG

said: “WMG is very excited to extend their expertise in

“first-life” battery system design, control and

manufacture towards the realisation of “2nd-life”

battery solutions that will keep the battery in useful

service for longer and mitigate, in part, the need to

recycle batteries in the medium term. WMG will focus

on the creation of innovative battery management

software that will facilitate the active management of

used vehicle batteries, within a grid storage solution.

Outside of the UK, the ability to effectively manage an

ad-hoc collection of battery technologies in a holistic

manner is particularly pertinent to the deployment of

localised energy storage solutions within developing

countries.”

With the support of Videre Global the consortium aims

to assess the viability of developing world applications,

offering lower cost and high reliability second life

battery storage systems. Videre Global is a specialist in

smart grid systems and energy solutions in the

developing world. “This project is vital as part of our

research into understanding the best ways to support

rapidly developing micro-grid markets to provide access

to energy in some of the world’s poorest communities.

This project will also help us to understand and plan for

the sustainable provision of electric vehicle charging

points in remote places together with a responsible

approach to the end-of-life recycling, reclamation and

safe disposal of EV batteries in the future,” said Craig

Morgan, MD of the Newcastle based company, currently

operating across a number of territories in sub-

Saharan Africa.

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InstaVolt owns, installs and maintains rapid electric vehicle charging units all over the country, giving landowners the

opportunity to earn a rental income by housing them, and giving EV drivers access to the fastest charging available.

It believes that charging an electric vehicle should be quick and easy. It’s why, unlike many other companies, InstaVolt

operates an ‘open charger’ model, so anyone can use its charging points on a pay-as-you-go basis. No monthly subscription

and no membership cards are required.

To find out more about InstaVolt visit www.instavolt.co.uk

InstaVolt triples its order book for electric

vehicle chargers to help accelerate adoption

of e-mobility in the UK

The move will make it easier for electric car drivers to charge up on long journeys

InstaVolt has announced plans to acquire an

additional 400 rapid electric vehicle (EV) chargers

from the world’s leading EV charging network,

ChargePoint.

It adds to the 200 DC chargers the Basingstoke-based

company purchased just last May and shows just how

fast the company is building a network of rapid DC

chargers across the UK.

The investment triples the company’s current order

book with its US-based technology partner,

ChargePoint, and highlights its commitment to

building the UK’s premium electric vehicle charging

network.

The addition of ChargePoint rapid DC chargers is

keeping pace with historic growth of EVs throughout

Europe and particularly in the UK. Today, there are

more than 135,000 EVs on the road in the UK, a 50 per

cent increase over the previous year. That number

could reach 1.2 million by 2020, according to the

Department for Transport.

Yet, even as more consumers are becoming aware of

the advantages of electric vehicles, range anxiety (the

fear of running out of charge) remains one of the

biggest deterrents to purchasing an EV. InstaVolt is

alleviating those concerns by installing an extensive

network of ChargePoint rapid DC chargers along

popular routes, offering quick access for UK drivers to

easily charge their vehicles on long journeys.

“InstaVolt is leading the way to deploying a

comprehensive charging network in the UK,” said

Chris Burghardt, Managing Director for Europe,

ChargePoint, Inc. “ChargePoint has committed

significant resources to growing our presence in

Europe in the past year, as highlighted by this

partnership. InstaVolt’s commitment to triple the

number of rapid chargers is another important

milestone for ChargePoint that not only expands our

relationship with InstaVolt, but supports our mutual

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17

commitment to the mass adoption of electric vehicles

in Europe.”

More than 200 rapid DC chargers are expected to be

up and running by Spring, with more added

throughout 2018.

"This order for a further 400 rapid DC chargers with

our technology partner, ChargePoint, represents

another significant milestone in the roll-out of our

network, said Tim Payne, CEO for InstaVolt.

"Increased public awareness and growth in sales of

electric vehicles has enabled us to accelerate the roll

out of our public charging network. ChargePoint's

future-proofed charging technology ensures that our

network is, and will continue to be, the most relevant

charging network in the UK. This order further

supports our objective of being the largest owneroperator

of DC rapid charging assets in the UK, and we

anticipate further announcements in the near future

as we continue to install at new locations nationwide."

ChargePoint is the leading electric vehicle (EV) charging

network in the world, with charging solutions in every

category EV drivers charge, at home, work, around town and

on the road. With more than 45,000 independently owned

public and semi-public charging spots and more than 7,000

customers (businesses, cities, agencies and service

providers), ChargePoint is the only charging technology

company on the market that designs, develops and

manufactures hardware and software solutions across every

use case. Leading EV hardware makers and other partners

rely on the ChargePoint network to make charging station

details available in mobile apps, online and in navigation

systems for popular EVs. ChargePoint drivers have completed

more than 31 million charging sessions, saving upwards of 30

million gallons of gasoline and driving more than 732 million

gas-free miles.

For more information, visit www.chargepoint.com

By collaborating with innovative companies like

InstaVolt, ChargePoint is helping to build the

framework for Europe’s most comprehensive and

intelligent charging ecosystem that will help the

region to complete the shift to electric mobility.

Industrial Strategy prioritises low carbon energy

and advanced transport

Government releases Industrial Strategy for the UK and identifies “clean growth”

as one of four “Grand Challenges” to be addressed

The Strategy commits the Government to remaining at the

fore of Green Finance, it recognises the role of both the bioeconomy

and other renewable energy technologies, and

announces the intention to launch a “Prospering from the

energy revolution” programme, which will be supported by

funds from the Industrial Strategy Challenge Fund, which

will create high-value jobs and export capabilities. The

“Transforming Construction” programme will seek to

create more energy efficient homes and buildings.

Additionally included in this Strategy is the “Future of

Mobility” Grand Challenge, which recognises that “we are

on the cusp of a profound change” in the transport sector

and that the Government seeks to grow UK leadership as

technologies such as automated and electric vehicles

advance. An automotive sector deal has been announced to

support this aim.

Commenting on the Industrial Strategy, Dr. Nina Skorupska

CBE, Chief Executive at the Renewable Energy Association

said:

“This Industrial Strategy recognises the technological

revolution taking place across the energy and transport

industries, and the value that specific sectors such as the

bio-economy, energy efficient construction, and electric

vehicles bring.

“We look forward to continuing to work with the

government to develop the “Prospering from the Energy

Revolution” programme and Bioeconomy Strategy, which

must recognise the value of the full range of energy

technologies that the UK is currently capable of deploying.

“The renewable energy and clean tech sectors are growing

areas of the economy that are creating new jobs, deploying

low-cost energy, and delivering new export opportunities

for the UK.”

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Barclays launches

pioneering range of green

Corporate Banking products

Move builds on success of recent €500m green bond, the first

issued by a UK bank, backed solely by UK assets

Barclays Corporate Banking today announces the

launch of a suite of Green Finance products, designed

to help the bank’s clients fund more sustainable

projects in the UK and around the world. By accessing

specific products aimed at encouraging investment in

sustainable activity, Barclays’ clients will be able to

accelerate their investment in green initiatives and

support the transition to a low-carbon and sustainable

economy.

Recognising the need to support companies of all

sizes and across a breadth of sectors to fulfil their

green ambitions, Barclays has created a range of

tailored products, which represent real innovation in

the evolving green finance market. These are:

• Green Loans, targeting larger clients who need

loans of more than £3m across the UK

• International Green Loans, helping international

clients invest in green projects around the world

• Green Asset Finance, allowing clients to access

more flexible ways of financing assets that support

green initiatives

• Green Innovation Finance, backed by the European

Investment Fund, aimed at providing funding for

SME clients

• Green Deposits, allowing Barclays’ largest clients

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19

Product eligibility

backed by Barclays’

industry-leading

Green Product

Framework,

developed with

Sustainalytics

“Barclays, like so many of our

clients, recognises that

addressing environmental

challenges is not only a

necessity but a compelling

economic opportunity. ”

to earmark funds they deposit against Barclays’

investments in Green Bonds

There is increasing appetite for more financial support

for green initiatives, as businesses recognise the

commercial benefits, through reduced costs and

increased revenue potential; anticipate increasing

regulatory requirements, with governments and

regulators urging companies to take action to help

deliver the Paris Climate Agreement goals; and

respond to the reputational impact, as customers

expect businesses to be able to demonstrate their

environmental credentials.

Rhian-Mari Thomas, Chair, Barclays Green Banking

Council, explains: “Barclays, like so many of our

clients, recognises that addressing environmental

challenges is not only a necessity but a compelling

economic opportunity. We already have an established

presence in the green bond market as a successful

lead arranger, investor and now issuer so we are

delighted to be able to build on our expertise by

launching new, innovative green products to help meet

the booming demand for green finance from a broader

cross-section of our clients. We’re excited to be at the

forefront of something so game-changing.”

To help guarantee the integrity of this drive to support

green activity, through market-leading green product

development efforts, Barclays worked with

Sustainalytics, a global provider of environmental,

social and corporate governance research and ratings

to develop a Green Product Framework. The bank will

use the Framework to identify appropriate projects

that will have a positive environmental impact and will

therefore qualify for support through one of the new

products.

Karl Nolson, Head of Global Lending Group, Barclays

Corporate Banking said: “We’re seeing a step-change

in how businesses approach sustainable investment.

For too long, green projects have been viewed as an

added extra, but what we’re increasingly hearing from

our clients is a shift in mindset, with sustainability

becoming more central to their overall investment

strategy.

“We share that view at Barclays and know that unless

sustainability is at the heart of how companies

conduct their operations, they will fall behind. As

always, we want to help our clients stay ahead in an

evolving world, which is why we’re proud to be the

first major UK bank to devise a range of products

targeted exclusively at funding green Corporate

Banking investment activity, that will help promote

growth now and contribute towards a better, greener,

future for all.”

Bob Mann, President at Sustainalytics, said: “We are

delighted Barclays chose to work with Sustainalytics

in the development of their Green Product

Framework. The number of new green finance

products is surging globally given positive drivers

such as market regulations and increased client

demand to create more sustainable products and

services. Green Product Frameworks, such as

Barclays’, offer assurance and transparency to the

market that financing is being directed towards

environmentally impactful activities that align with

best practices.”

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BayWa r.e. commissions first PV

plant with a battery system in Zambia

With the initial commissioning of a combined

photovoltaic plant and battery system in the

Zambian province of Chisamba, BayWa r.e. has

successfully completed the first pilot project in

southern Africa. This makes the Agricultural

Knowledge & Training Centre (AKTC) operated by

the German and Zambian Ministry of Agriculture

even more independent from the volatile power

supply in Zambia. The plant supplies the farm for

up to thirteen hours per day with 450 kWh of

renewable energy for the irrigation of the

agricultural land in the area. This equals the

consumption of 150 litres of diesel fuel per day

and the emission of 145 tonnes of CO2 per year.

“We are really happy to have successfully completed

our first project in Africa,” comments Christof

Thannbichler, Managing Director of BayWa r.e. Solar

Projects GmbH. “Based on our years of experience in

project planning in the PV sector, we see great

potential in the entire region for the implementation of

further weak and off-grid projects. We are going to

significantly expand our activity on the African

continent and already have further projects in

development.”

The pilot plant on the premises of the AKTC farm

consists of 260 solar modules erected in an east-west

orientation with a total capacity of 86 kWp. They supply

energy for the irrigation of a 90,000 m2 grain field. If

more energy is generated than can be consumed

immediately, it is stored temporarily in a 160 kWh

battery storage system. Thanks to an intelligent

control system for precise pump control, the water

reservoir also serves as additional storage. With the

battery and water storage the AKTC farm is supplied

with PV power continuously from 7:00 am to 7:00 pm.

During this time it operates independently of the

public grid. The farm is only re-connected to the grid

at nighttime.

“It is precisely in the tropical and subtropical regions

of the globe where farmers are dependent on reliable

and uninterrupted power supply for the irrigation of

their fields,” explains Tobias Kriete, Regional Manager

Africa at BayWa r.e. Solar Projects GmbH. “With

intelligently designed weak grid solutions like our PV

battery storage system, we can supply operations with

reliably and sustainably produced energy, independent

of their connection to the public grid. This not only

increases the productivity of processes but also

contributes to a significant improvement in their

ecological assessment.”

As a general contractor, BayWa r.e. was responsible

for the planning, financing, installation and turn-key

hand-over of the PV plant in Zambia. In the future, the

company will also assume technical operations

management of the plant. In addition to continuous

monitoring of the systems remotely from Germany,

BayWa r.e. also helps to train the farmers on location,

so that they can take over the routine servicing of the

plant together with local electricians in the future.

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21

Fortum Charge & Drive and Allego are two leading parties in

the development and operation of charging infrastructure in

Europe. In September 2017 the two companies signed a Letter

of Intent to cooperate to create an integrated and seamless

charging experience for EV drivers throughout Europe. The

MEGA-E project is one important results of this intention.

New High Power Charging network

planned for Europe’s Metropolitan areas

Fortum Charge & Drive and Allego are starting a pan

European project of interoperable charging network in

metropolitan areas and along highways, based on High

Power Charging architecture and smart e-charging

hubs. The planned charging network will facilitate

metropolitan areas in 20 countries until 2025.

The project named MEGA-E is selected and advised for

co-financing by the European Union. The plan covers

322 Ultra-fast chargers and 27 smart charging hubs

throughout 20 European countries. Through the joint

project Allego would continue to develop charging

network in Central Europe and Fortum in the Nordic

region. Roll-out is planned to start after financial

closing which is expected in the first half of 2018.

Allego and Fortum welcome additional investors and

location partners to take part in this project. The

project starts in Belgium, Denmark, Estonia, Finland,

France, Germany, Latvia, Lithuania, Luxembourg, the

Netherlands, Norway, Poland, Sweden and United

Kingdom.

“We believe in an open infrastructure approach. This

means that it is intended to welcome every citizen and

different car models at our chargers. The idea is

therefore also to combine multiple charging solutions

to meet different needs and speeds. The MEGA-E

charging network will be an important milestone for

all EV-drivers and commuters in Europe,” says Rami

Syväri, VP Fortum Charge & Drive.

“Around 70% of traffic in Europe takes place in urban

areas, where the CO2 impact is the highest. With the

charging network of MEGA-E we facilitate several

forms of e-mobility and support emission free

travelling not only within, but also from one metropole

area to another. Unique is the creating of so called ‘echarging

hubs’ in which we combine multiple charging

solutions on the same location to charge electric

vehicles. The e-charging hubs would therefore have an

optimal impact and effectiveness for both the energy

and mobility system”, says Anja van Niersen, CEO of

Allego.

Fortum Charge & Drive and Allego are the first pan

European movers to provide an integrated approach to

connect metropolitan areas with a consistent charging

network. The MEGA-E supports EU-wide goals to

promote low-emission mobility and better quality of

life for its citizens. The MEGA-E project builds upon

the vision developed by the EU in 2009 when the

Innovation cluster in the TEN-T/CEF program was

developed. The project is among the first to implement

this at a pan European scale. Further details about

locations and location partners will be given at a later

stage.

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A fleet of 500

all-electric Renault ZOE will

be arriving in Madrid this

month with ZITY, the result of a

cooperation between Renault

and the urban services

operator Ferrovial.

500 Renault Zoe on streets of Madrid

with Zity car sharing scheme

This new car-sharing scheme covers a wide area of the

Spanish capital, with vehicles provided to customers in the

right place at the right time via an efficient smartphone

application. Already the best-selling electric vehicle

manufacturer in Europe, this new large-scale scheme

strengthens Renault's position and its commitment to

sustainable mobility for all.

Madrid has the highest rate of daily car-sharing in Europe

due to the city’s size, population, traffic problems and air

pollution issues.

The local authorities’ commitment to electric vehicles has

contributed further to this: at times of intense air pollution,

electric vehicle parking is free and they are still permitted

access to the city centre at times of high pollution when entry

restrictions on internal combustion engine (ICE) vehicles are

at their most drastic. Another landmark will be reached in

June 2018, when Madrid’s “Hyper-centre” will be

permanently out of bounds to ICE vehicles.

These circumstances led to Renault and Ferrovial signing an

agreement in August to launch a new car-sharing scheme

called ZITY.

The ZOEs in the scheme benefit from RIDECELL technology

with a GSM smartphone connection completed by a

Bluetooth link. That means the ZOE can be contacted

even in places where connectivity is poor, such as

underground car parks, and the time taken for the

vehicles to respond to smartphone instructions sent

by customers is reduced. RIDECELL also lets

customers lock and unlock the cars using their

smartphones.

to 80 per cent full in as little as 65 minutes thanks to its

patented Chameleon Charger that allows it to make the

most of the widest range of power supplies and also keep

charging times to a minimum. Renault’s Range OptimiZer

technology ensures ZOE is highly efficient with its heat

pump, a bi-modal braking system and Michelin ENERGY E-V

tyres.

ZOE is available to purchase in two ways. Firstly, under a

battery hire scheme, where ZOE pricing starts at £14,245

(OTR) after the Government Plug-in Car Grant with battery

leasing from £49 per month. New for 2017 is the ‘Unlimited’

option with no mileage cap, priced at £110 per month. It is

easy to purchase a used ZOE with a battery lease – the new

owner simply chooses which leasing option suits their needs

the best and starts monthly payments based on their lease

plan. You can also buy the ZOE outright. ZOE i ‘full purchase’

models start from £18,995 (OTR) after the Government Plugin

Car Grant, giving the buyer full ownership of the car and

battery and no monthly battery lease payment.

ZOE is the best-selling electric vehicle in Europe and more

than 4,500 ZOE have been sold since launching in the UK.

ZOE is one of four models in Renault’s diverse all-electric

vehicle range, which also includes the Twizy quadricycle, the

Kangoo Van Z.E.33 and the forthcoming Master Z.E. large

panel van.

With the new R90 motor and Z.E.40 battery, ZOE’s

range is 250 miles (NEDC) – Renault estimates that

in real-world driving conditions that this equates to

around 186 miles in summer and 124 miles in cold

winter conditions. ZOE Z.E.40 can charge from zero

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23

Shorter foundations for offshore

wind turbines win research award

The Ørsted-led PISA research project has provided essential

new knowledge about how offshore wind turbine foundations

can be designed in a smarter way to reduce production costs.

In the long term, this can help make the green power

cheaper. The project has now been rewarded with the

prestigious Fleming award from the British Geotechnical

Association.

PISA (Pile Soil Analysis) is a research project on the design of

monopile foundations for offshore wind turbines. The main

conclusion from the PISA project is that pile foundations

don't need to be as long as previously assumed in order to

withstand the huge wind forces the turbine's rotor blades are

exposed to. It's important new knowledge, because shorter

foundations make it cheaper to install offshore wind

turbines, which means that the PISA project could impact

the future price of green power.

Senior Manager at Ørsted's R&D Project Management,

Jesper Skov Gretlund, PISA says: "The method is already

becoming popular in offshore design. It's one of the many

initiatives that are helping to realise our ambition of making

green energy cheaper than energy from fossil sources."

The project's Technical Manager, Miguel Pacheco Andrade,

from Ørsted, says: "Being recognised at the highest

academic level is a great honour. PISA is an example of what

you can achieve when the best researchers get together with

leading industrial players and take a targeted approach to

challenging existing assumptions."

The new monopile design is the result of a collaboration

between eleven industry partners as well as the University of

Oxford, Imperial College London and University College

Dublin. The 11 partners are: Ørsted, SSE, Statoil, RWE,

Statkraft, Iberdrola, Vattenfall, Alstom, Van Oord, EDF and

Eon. The collaboration was organised and operated under

Carbon Trust Offshore Wind Accelerator which has

specialised in cross-industry collaboration within offshore

wind power.

The previous design methodology originated from the

American oil and gas industry and was developed in the

1970s and 80s. A new design methodology was developed in

two stages. First, the academic work group, led by Oxford

University and including Imperial College London and

University College Dublin, developed the new model.

Subsequently, the new model was tested by the Ørsted-led

team of industry players at two sites (Cowden, England, and

Dunkirk, France) to assess and validate the new design

method.

The Fleming Competition is held annually to commemorate the

life and work of Dr. Ken Fleming and to recognise excellence in

the practical application of geotechnics in a project or a part of a

project. The award goes to the project team which most

demonstrates excellence in geotechnical design and

construction. Teamwork across disciplines is also considered, as

is innovation.

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Global Coalition of states and regions

surpasses landmark 200 jurisdictions

Under2 Coalition of subnational governments announces 16 new

signatories at COP23 United Nations Climate Change Conference and

reaches over 200 jurisdictions

16 new jurisdictions have been announced to the

Under2 Coalition, the global pact of state and regional

governments committing to tackle climate change and

help implement the Paris Climate Agreement. The

Coalition now encompasses 205 jurisdictions, from

across 43 countries and collectively represents 1.3

billion of the world’s population and almost 40% of

global GDP (US$30 trillion GDP).

At an event hosted in the German Pavilion at COP23,

the Under2 Coalition announced new members: two

national endorsers (Armenia and Chile), one state

endorser (Rio de Janeiro, Brazil) and 13 state and

regional signatories, including Wallonia (Belgium),

Attica (Greece), three Armenian territories (Ararat,

Shirak and Kotayk), two Mexican states (Colima and

Querétaro), two Ecuadorian provinces (Azuay and

Pastaza), two Peruvian regions (Amazonas and

Huánuco), Santa Fe (Argentina) and Caquetá

(Colombia).

The announcement follows news of the US State of

Virginia joining the Coalition at a ceremony last week,

and a new report showing how over 100 states and

regions are committing to emissions savings that go

beyond the climate pledges from their national

counterparts; together this highlights the significant

pace of action being taken by states and regions in

driving the Paris Climate Agreement.

Since its inception in 2015 with 12 founding

signatories, the Under2 Coalition has grown

significantly each year, reaching 123 signatories at

COP21 (2015) and 165 at COP22 (2016). With over 200

jurisdictions on board, the Under2 Coalition is the

world’s leading initiative for subnational climate

action.

On reaching over 200 members, Helen Clarkson, CEO,

The Climate Group, Secretariat for the Coalition said:

"The world needs to move faster to meet the demands

of the Paris Agreement. So it is significant to see so

many states and regions now stepping-up and joining

together to create an even greater force for action"

President Winfried Kretschmann, Baden-Württemberg

and Europe Co-Chair of the Under2 Coalition, said: “2

degrees: this makes the difference between a climate

change, to which we can adapt, and a climate change

that will fundamentally alter life on our planet.

Mankind simply cannot afford to fail in reaching the

goals we have defined for ourselves in the Paris

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25

climate accord. It makes me very happy that so many

partners worldwide have recognized the need for

decisive action.

“More than 200 regions worldwide have joined the

alliance initiated jointly by California and Baden-

Württemberg in order to give more power and

effectiveness to climate protection at a regional level.

It is possible to start and implement concrete

measures locally in the regions. This is urgently

needed, because a progressive climate change would

result in dramatic consequences for the habitat of

humans, animals and plants. We must change course

and turn the tide!”

Led by states and regions internationally, the Coalition,

for which The Climate Group acts as Secretariat,

brings together signatories and endorsers of the

Under2 MOU (Memorandum of Understanding).

Signatories commit to either reducing their GHG

emissions from 80% to 95% below 1990 levels or limit

emissions to less than two annual metric tons per

capita by 2050.

Vice-Prefect, Maria Cecilia Alvarado Carrión, Azuay,

said: “In Azuay we maintain that environmental issues

are issues of economic development; development is

either sustainable, or it is not.”

Vache Gabrielyan, Deputy Prime Minister and Minister

for International Economic Integration and Reforms,

Armenia said: “Armenia is pleased to endorse and

express support to sovereign nations and regional

governments of the world united by the Under2

Coalition.”

Verónica Geese, Secretary of State for Energy, Santa

Fe, said: "Today, the commitment of the subnationals

in the fight against climate change is of vital

importance. We are closer to its causes, and therefore

closer to its effects. That's why I think that we can be

part of the solution, working in a rapid and stable way,

together."

Karen Margaryan, Vice Governor of Kotayk Regional

Administration, said: "We truly believe that the

challenges of climate change could be effectively

addressed by joint efforts of the international

community, and by the high sense of responsibility we

are able to share due to the unions like the Under2

Coalition. We are deeply honored to accede to Under 2

MOU and making one step forward towards our

common goal."

Seyran Petrosyan, Vice Governor of Shirak Regional

Administration, said: "By endorsing the Under2 MOU

Shirak Region of the Republic of Armenia is honored to

join the great Under2 Coalition family which provides

an excellent platform to enhance cooperation between

different national and local level governments."

Óscar Raúl Rojas Peña, Secretary of Planning,

Departamento del Caquetá, said: “For Caquetá, it is

very important to create strategic alliances to improve

the quality of life of our inhabitants, through actions

that reduce the impact of climate change in our region

and identify opportunities through the Under2

Coalition that allow us to contribute to safety, quality of

life and sustainable development of the department.”

Governor Guillermo Antonio Kubes Robalino, Pastaza,

said: "We are delighted to sign the Under2 MOU in

Bonn on November 14. This is an opportunity to ratify

Pastaza's commitment against climate change and the

efforts of global subnational governments in this fight.

92% of Pastaza's territory is conserved tropical

rainforest, with the largest biodiversity on the planet."

Governor José Ignacio Peralta Sánchez, Colima, said:

"In our state, Colima, we’re pushing efforts for

sustainable development. We already have a special

subcommittee to track the fulfillment of the 2030

Agenda. In our State Development Plan, we

contemplate goals that strengthen the care of the

environment, also, public policies such as the Law of

Sustainable Mobility, directed to integral mobility that

is friendly with the natural environment.

“We are on time to neutralize the effects of climate

change, but we must act now. The destiny of

humankind is at stake."

Ashot Vardanyan, Vice Governor of Ararat Regional

Administration, said: "We are proud to be part of the

Under2 Coalition which is a unique opportunity for all

of us to tackle one of the most urging issues that the

humanity is facing today. Ararat Region of the Republic

of Armenia is pleased to collaborate with all members

of the Coalition in addressing the challenges of

climate change.".

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Recycling Technologies scoop

plastics industry reward

Accolade hails new era for chemical recycling of plastics

Plastics recycling charity, RECOUP, promote and support

the award aimed at recognising innovation and

showcasing advances in plastics recycling. This award

gives the plastics recycling industry the opportunity to

demonstrate commitment to the environment and

saving of resources using recycled materials. In 2017

the award’s criteria was widened to allow for products in

early stages of development, designed within the UK, to

qualify for entry, and Recycling Technologies with their

Plaxx® product shows how technology is redefining the

recyclability of plastics.

TV celebrity, Nick Knowles, presented the awards in

front of a packed audience of industry professionals at

the London Hilton last Friday (27th October). Swindonbased

Recycling Technologies beat off four other

shortlisted companies to claim the accolade, in a hotly

contested category with entries from;

· Hahn Plastics

· Fishy Filaments

· Marmax Recycled Products

· Axion Polymers & 1env Solutions

The delegates to the RECOUP Plastics Recycling

Conference on 28th September had voted for the

winning entry through a one member one vote system,

allowing the award winners to be chosen directly from

industry peers.

Stuart Foster, CEO of RECOUP said “we hope that

through connecting with this Award we can encourage

many others to consider the business and

environmental benefits of using recycled plastics in

product manufacturing, and help demonstrate that

plastic is a circular resource – something that is

increasingly critical to the future success of this industry.

Use of recycled content is an automatic requirement not

a choice within a circular economy and we need to see

significant progress in the use of recycled plastics in

manufacturing; whether this can happen without

mandatory requirements in the future is unclear.”

The award, draws attention to the advancements being

made in recyclability of plastics and demonstrates

opportunities. Showing what can be done, and how

plastics can be transformed, can drive demand for

recycled plastics and broaden the spectrum of markets

for plastics.”

On collecting this national industry award, CEO at

Recycling Technologies, Adrian Griffiths, said: “The

global issue of plastic waste is growing year on year. Our

innovative technology addresses this and chemically

recycles mixed plastic waste and turns it back into the

oil it came from. We call this oil Plaxx®. Our goal is for

Plaxx to contribute to the Circular Economy and help

build recycling rates for plastic in the UK from the c.40%

achievable by mechanical means today, up to 90%.”

Working in collaboration with industry and technology

partners including UK universities, Recycling

Technologies has successfully developed a chemical

process, called the RT7000, to recycle what has long

been considered ‘unrecyclable’ waste plastic films,

pouches, trays, tubes and laminates which account for

over 60% of plastic packaging arisings. The RT7000

converts this mixed plastics waste into Plaxx®, a waxy

low sulphur hydrocarbon that is distilled into a suite of

materials from wax to naphtha, the feedstock for new

plastics manufacture. Each unit can annum of waste

plastic into approximately convert 7,000 tonnes per 5,250

tonnes of Plaxx®.

cleantechbusinessnews

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27

Mahindra & Renesas Launch

Formula E Technical Partnership

Mahindra & Mahindra, Ltd. a pioneer in the

development of electric vehicles, and Renesas

Electronics Corporation, a premier supplier of

advanced semiconductor solutions, today announced

the formation of a strategic partnership with Renesas

as the official technology partner of the Mahindra

Racing Formula E team.

Moreover, in line with Mahindra’s ‘race to road’ story of

the electric vehicle development that the Formula E

platform delivers, both parties will work together

across a number of programmes inclusive of ‘proofof-concept’

systems for both racing and road cars.

Through this strategic vision, both organizations will

leverage their mutual strengths to expand the

development and manufacturing of electric vehicles,

powertrain, Advanced Driver Assistance Systems, and

other systems in India and other emerging markets.

Dr. Pawan Goenka, Managing Director, Mahindra &

Mahindra Limited and Chairman of Mahindra Racing

UK said, “We are delighted to welcome Renesas as a

key technical partner of the Mahindra Racing Formula

E team as we start the fourth season of racing.

Formula E is helping to grow Mahindra’s EV

technology and expertise, and this new strategic

partnership with Renesas will only help to accelerate

our learning curve. We look forward to working with

Renesas and leveraging their automotive

semiconductor expertise as we increase our thrust in

Formula-E and continue to play a pioneering role in

the fast growing Indian EV market.”

Mr. Ryuji Omura, Executive Vice President of Renesas

Electronics Corporation said, " India is one of our focus

markets and is expected to bring about significant

business growth for Renesas, particularly for the EV

segment. The India government is working on a

scheme to limit the cars sold in India to only electric

vehicles by 2030, opening tremendous opportunities

for the EV market. Through our new partnership with

Mahindra, we look forward to bringing our design

expertise based on our open and comprehensive

Renesas autonomy Platform, to the Indian market.

We are honored to sponsor the Mahindra Racing

Formula E Team and look forward to enhancing the

performance of Mahindra EVs and the company’s

racing team with our advanced semiconductor

technologies.”

As the leading global automotive semiconductor

supplier, Renesas includes EVs as one of their core

automotive businesses and develops comprehensive

solutions for them around its Renesas autonomy

Platform introduced earlier this year. Renesas

autonomy is an open, innovative and trusted platform

which aims to accelerate the development of selfdriving

electric and connected vehicles for consumer

adoption. It includes core technologies that are

essential in the development of EVs, including motor

and inverter control systems and battery

management.

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28

“Digitalisation is a major

opportunity for solar, not least

because it is a means of

integrating more PV into the grid”

Digitalisation a ‘huge opportunity

for the industry’ says SolarPower

Europe and BayWa r.e

Published by SolarPower Europe, the Digitalisation and

Solar report is thought to be the first in-depth analysis

of digital technology in solar PV in the world.

The report seeks to lay out how solar can make the

most from market opportunities arising from

digitalisation, such as smart solar homes, peer-topeer

electricity trading and high-tech O&M.

SolarPower Europe member and report contributor

BayWa r.e., is at the forefront of this exciting digital

transitions in a number of key areas across its

business. Included in the report is BayWa r.e.’s

involvement in the European Union’s Solar Train project

and utilisation of drones for aerial infrared thermal

imaging analysis for its operation services business.

Tobias Bittkau, Managing Director of BayWa r.e.

Operation Services GmbH, comments: “As a

longstanding member of SolarPower Europe, we are

pleased to support this new report which brings

together the latest thinking on a hugely exciting topic.

“Digital transformation represents a huge opportunity

for our customers and our business. Through it, we will

cleantechbusinessnews

be able to increase process efficiency and quality as

well as offer new IT and data related services. BayWa

r.e. has developed a clear roadmap for digital

transformation, which will allow us to implement the

necessary steps. Our participation in the EU’s Solar

Train project, aimed at combining the megatrends of

renewable energy and big data, is already informing

our digitalisation strategy. An early output has been

the use of drones for aerial infrared thermal imaging

analysis.”

The Digitalisation and Solar report also looks at new

and improved business models, the digitalisation of the

entire value chain from manufacturing to operations

and maintenance, and digital integration of the

technology into the grid.

Professor Bernd Engel, SolarPower Europe

Digitalisation Task Force leader and representative of

the SMA Solar Technology Board for grid integration

stated: "Digitalisation is a major opportunity for solar,

not least because it is a means of integrating more PV

into the grid, gaining system-wide benefits and new

revenues for solar installations."

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29

Innovate UK partners with

Cleantech Innovate 2018

UK’s innovation agency to be headline partner for

cleantech showcase

Innovate UK, the UK’s innovation agency, will be the

headline partner for Cleantech Innovate 2018, a

showcase event for the most inspiring and emerging

low-carbon technologies taking place at The Royal

Institution in London on 20th March 2018.

The annual event offers 36 of the most promising

entrepreneurs the opportunity to pitch their gamechanging,

low-carbon innovations to over 350 active

funders, corporates, support agencies and the media.

Almost 100 companies have applied to present at the

event, and the final shortlist of the 36 companies that

have been handpicked from a highly competitive field

to present is due to be announced this week.

Innovate UK, an executive non-departmental public

body sponsored by the Department for Business,

Energy & Industrial Strategy, works with companies to

de-risk, enable and support innovation. Since 2007 it

has committed over £1.8 billion to innovation, matched

by a similar amount in partner and business funding,

helping 8,000 organisations with projects estimated to

add more than £16 billion to the UK economy and

create nearly 70,000 jobs.

Innovate UK will join cleantech investment specialists

Greenbackers Investment Capital and international

intellectual property firm Marks & Clerk in partnering

with Cleantech Innovate 2018.

ideas, technologies and business models, and to make

them a commercial success. The low-carbon

technology sector is showing enormous growth around

the world as global markets create increasing

business opportunities for UK cleantech innovators.

“We’re delighted to support Cleantech Innovate 2018,

which shares our key mission to support emerging

cleantech businesses in developing their ideas and

winning funding, and we’re looking forward to seeing

some of the most exciting, game-changing new

technologies on show at the event.”

Charlotte Morton, Chief Executive of We Are Orchard,

who are organising Cleantech Innovate 2018, said:

“We’re delighted to have Innovate UK as our headline

partner for Cleantech Innovate 2018. Innovate UK have

the same commitment as we do to unearthing and

supporting the most exciting and innovative small

businesses that will make a significant contribution to

decarbonising our economy and supporting UK

industry.

“We’re very much looking forward to working with

Innovate UK and our other partners to showcase 36

such businesses to eagle-eyed investors at Cleantech

Innovate 2018 – it promises to be a great event!”

Michael Priestnall, Innovation Lead for the Energy

Catalyst at Innovate UK, said:

“Innovate UK’s mission is to support UK businesses to

realise the potential of innovation – to develop new

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30

First e-Crafter vehicles in customers'

hands: Use of the electric van in

practice begins

Zero-emission van being tested in parallel in everyday use by

customers in Germany, Great Britain, the Netherlands and Sweden

Volkswagen Commercial Vehicles has handed over the

first e-Crafter vehicles to an international group of major

customers at its headquarters in Hannover. The

customers will be testing the new electric vans in everyday

use until mid-2018. Dr Eckhard Scholz, Chairman of the

Board of Management of Volkswagen Commercial

Vehicles: "We have developed the new e-Crafter with our

customers and for our customers. We are therefore now

integrating selected fleet operators into an initial

customer phase so that their findings in daily operations

with the vehicles can flow into the final design of the zeroemission

van."

Nothing beats practical experience: major customers from

Germany, Great Britain, the Netherlands and Sweden are

testing the new e-Crafter vans in practical use. They are

package delivery services, energy suppliers, trades

businesses and individual retailers whose vehicles cover

between 70 and 100 kilometres per day. Sometimes with

each day involving hundreds of starts and stops. These

parameters apply to around 85 per cent of the trips made

in an urban setting according to analyses performed by

Volkswagen Commercial Vehicles on more than 210,000

driving profiles with over 1,500 customers. The e-Crafter

has been tailored precisely to these typical city operations

and distances with its 100 kW power output, range of

around 160 km and top speed limited to 90 kph.

The lithium-ion battery of the e-Crafter is, however,

completely integrated into the underbody. This means that

the entire cargo volume (10.7 m3) is fully usable; the same

applies to key dimensions such as its loading width (1,380

mm) and loading height (1,861 mm). The transporter's

maximum payload is between 1.0 and 1.75 tonnes

depending on the version. At a CCS charging station

supplying 40 kW (direct current), the battery (energy

capacity 35.8 kWh) can be charged to 80 per cent after just

45 minutes. If an AC wallbox supplying 7.2 kW (alternating

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31

current) of power is used, the battery can be charged to

100 per cent within 5 hours 20 minutes. This is generally

done overnight.

The electric van is based on the new Crafter. Like Crafter

versions with diesel engines, the new e-Crafter will also

launch on the market with state-of-the-art driver

assistance and convenience systems. Standard

equipment: Park Assist with side protection, a

multifunctional camera and a rear view camera system.

Other standard features include automatic climate control

(Climatronic), seat heating, comfort seats, a navigation

system, mobile phone preparation module and LED

headlights. The e-Crafter will be available in September

2018. By then it will have the distinction of having already

been extensively tested by customers in practice and

made fully ready for the market.

John Hole, Fleet Manager for Gatwick Airport attended the

event with Head of Fleet for Volkswagen Commercial

Vehicles. His is one of four fleets in the UK which will be

testing the eCrafter.

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32

No one drives cleaner

The Deutsche Post DHL Group, StreetScooter and MANN+HUMMEL

present the first emission neutral vehicle worldwide

Over 5,000 StreetScooter delivery vehicles in use by the

Deutsche Post DHL Group prevent considerable quantities

of harmful gases such as carbon dioxide and nitrogen

oxide and also noise from entering the environment. With

the aid of a development from the area of Swabia in the

south-west of Germany it is now possible to address the

problem of particulates. The filtration specialist

MANN+HUMMEL based in Ludwigsburg has developed a

particulate filter which will be presented together with the

world's first emission neutral vehicle.

Electric vehicles also release particulates into the

atmosphere due to tire, brake, and road abrasion and are

therefore not free of emissions. This is a task which the

filtration expert MANN+HUMMEL has now addressed with

its fine dust particulate filter. Through use of the filter the

overall balance of the vehicle with regard to the release of

particulates is now neutral. The particulate filter retains as

many dust particles as are produced by tire, brake and

road abrasion.

The filter modules will initially be fitted to five

StreetScooter test vehicles which with immediate effect

will enter service in five German city centers. The

successful conclusion of the test could lead to the series

implementation of the particulate filter. This would mean

that the StreetScooter is the first series car which is

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almost free of emissions.

The vehicle is completely neutral in terms of emissions

under consideration of the overall balance during driving

operations: This means

- no carbon dioxide (CO2)

- no nitrogen oxide (NOx)

- no noise

- no particulates

The fine dust particulate filter is equipped with an active

filter system. Blowers are fitted behind these filters which

direct ambient air to the filters. As a result, even when the

vehicle is at a standstill it is still able to filter particulates

from the ambient air. The installation position of the filter

on the underbody at the height of the rear axle is practical

for two reasons. On the one hand this does not use up any

valuable loading space and on the other hand this is

precisely the location where the highest concentration of

particulates is to be found near to the vehicle. All

particulate filters are equipped with sensors which allow

the online monitoring of the efficiency of the systems.

Here MANN+HUMMEL records information on the

filtration performance, the amount of cleaned air, the

concentration of particulates and the weather data. The

data is then sent to a cloud, visualized via a web interface

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33

and then evaluated by filtration experts.

Alfred Weber, CEO at MANN+HUMMEL, describes

the need for action: "More and more people at our

locations ranging from Ludwigsburg to Bangalore

and Shanghai are suffering from the consequences

of air pollution and who else apart from a filtration

expert such as us is going to find a solution?"

In his talk addressed to policy makers Weber

described his ideas about the necessary

conditions. In his view the legislator should

concentrate on prescribing limit values and check

for compliance. Then one should allow scientific

and industrial representatives and their brilliant

developers the space to solve the problem of how the limit

values can be met. According to Weber, if there are too

many rules, this will restrict the creativity of the

developers. “The coming together of the biggest logistics

provider, the biggest producer of electric commercial

vehicles in Germany and the global filtration expert has

made driving and delivery operations possible in city

centers which is neutral in terms of emissions."

Achim Kampker, CEO of StreetScooter, subsidiary of the

Deutsche Post DHL Group, praises the further

improvement of the ecological balance thanks to these

vehicles: “With these new fine dust particle filters from

MANN+HUMMEL, we can further improve the

environmental performance of our StreetScooters. We are

pleased to participate in this field trial and to pioneer what

will become a major trend.”

Werner Spec, mayor of Ludwigsburg, is happy about the

event in his city: "Our activities towards sustainability are

varied and have been recognized with the award as

Germany's most sustainable medium-sized city in 2014".

However, one cannot be satisfied with the air quality either

in Ludwigsburg or the larger neighboring city of Stuttgart.

In the opinion of the mayor, the project presented by the

three cooperation partners is a measure which is

considerably more effective and clever than a driving ban.

According to estimates from the World Health

Organization (WHO), every year roughly 47,000 people in

Germany die from the effects of particulates.

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34

Philips Lighting delivers one billion LED

lights as part of Global Lighting Challenge

Philips Lighting, the world leader in lighting, has

delivered one billion LED lamps and luminaires as part

of its commitment to the ‘Global Lighting Challenge’,

the Clean Energy Ministerial campaign to deploy ten

billion high-efficiency light points to improve energy

efficiency around the world. In doing so, it has pushed

through the halfway mark of its target to deliver two

billion by 2020.

Philips Lighting is the first company to reach this

milestone, which marks the latest progress in the

global transition to energy-efficient lighting, a vital

measure in slowing climate change. In December 2006,

when Philips Lighting called for the global phase-out of

incandescent light bulbs, lighting accounted for 19% of

global electricity consumption. This level was down to

15% in 2015 when the Paris Agreement was signed,

and is on track to further decline to 8% by 2030.

“This milestone demonstrates that we can successfully

drive the transition from conventional lighting

technologies to LED, which can make a significant

contribution to global climate change objectives.

Energy efficiency is the low hanging fruit – today,

energy efficiency improves by about 1.5% every year

but simply doubling this to 3% per year would set us on

a sustainable path,” said Harry Verhaar, Head of Global

Public and Government Affairs at Philips Lighting.

cleantechbusinessnews

“When compared to the outdated lighting sources

these LEDs replaced, the energy savings achieved are

equivalent to the energy generated by 30 mediumsized

coal-fired power stations and the CO2 reductions

achieved are equivalent to the emissions produced by

12 million cars. The impact is real and measurable,”

Verhaar continued.

A simple switch to LED lamps will result in significant

energy savings, and when combined with connected

lighting systems these savings are amplified, with the

potential to reduce electricity used for lighting by up to

80%.

The 1 billionth LED lamp was presented to a group of

representatives from international governmental and

non-governmental organizations at a special ceremony

in Bonn attended by many influential advocates of

environmental change, including representatives from

the UN, the International Energy Agency (IEA) and the

Global Environment Facility, as part of the United for

Efficiency conference.

Rachel Kyte, Chief Executive Officer and Special

Representative of the UN Secretary-General for

Sustainable Energy for All, said: “In Paris numerous

companies made commitments to a low carbon world.

Philips Lighting has turned words into action. In just

two years, they are halfway to their 2020 goal of

delivering 2 billion LED bulbs. One billion LEDs sold

equals the energy consumption of 300,000 households.

Philips Lighting shows that together we can go further,

faster.”

At the event, Philips Lighting called on governments

worldwide to join them in its goal to make the world

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35

Savings realized

equivalent to the energy

generated by 30

medium-sized coal-fired

power stations and CO2

emissions from 12

million cars

more energy-efficient by making the following

commitments:

• By 2020 all new buildings should be installed with

LED or equivalent energy-efficient lighting

• By 2025 all street lighting should be LED or

equivalent energy-efficient lighting

• By 2030 all existing corporate buildings should be

fitted with LED or equivalent energy-efficient lighting

“This milestone demonstrates

that we can successfully drive

the transition from conventional

lighting technologies to LED”

The Global Lighting Challenge is a Clean Energy

Ministerial campaign to reach cumulative global sales

of ten billion high-efficiency, high-quality, and

affordable advanced lighting products, such as LED

lamps. The transition to energy-efficient lighting could

be one of the most significant short-term initiatives to

reduce global greenhouse gas emissions.

Indeed, a recent report1 published by the International

Energy Agency highlighted that in 2016, the world

would have used 12% more energy had it not been for

energy efficiency improvements since 2000 –

equivalent to adding another European Union in the

global energy market.

EU Finance Ministers declare carbon

pricing key to low carbon economy

The European Union Economic and Financial Affairs

Council (ECOFIN) has declared that carbon pricing is

one of the policies and incentives needed to drive

investment in low carbon production, reduce subsidies

to fossil fuels, and transition to an economy that

consumes fewer natural resources and recycles them

within the EU.

In a statement outlining the Council’s conclusions on

climate finance, ECOFIN confirmed that “carbon

pricing is a key component of an enabling environment

for shifting investments towards green and sustainable

production technologies, and for promoting innovative

solutions”. It also confirmed that it “supports carbon

pricing initiatives as well as initiatives promoting the

phasing out of environmentally and economically

harmful subsidies and inter alia the continued phasing

down of financing for emission intensive projects.”

President of the World Biogas Association (WBA) David

Newman welcomed the declaration.

“Every waste practitioner knows that almost all

materials currently cost less to buy new than recycled

– the market is therefore sending out a highly

misleading signal that it’s better to use virgin

resources than recycled ones,” said Mr Newman. “This

is why we need to think about the consequences and

effects of a carbon price that would price in positive

externalities associated with recycling and negative

externalities associated with natural resource

exploitation and fossil fuel production/extraction.

Carbon pricing could be a key measure to drive the

circular economy and reduce greenhouse gas

emissions in Europe, but we need to really understand

the deeper economic and financial implications before

diving in.”

The conference will include speakers from the United

Nations Environment Programme, the World Bank, the

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36

Climate Action Network, C40 Cities,

and others from industry and the

third sector.

“The Paris Agreement has given new

impetus to the global commitment to

tackle climate change, but there’s

still an incredible amount to do

before we get on track to meet our

emissions goals,” said Mr Newman.

“Our conference is the perfect

opportunity to discuss and analyse

the current status on carbon pricing

and carbon markets, and how these

could influence European policies on

resource management and recovery.”

Mr Newman’s intervention comes as the European

Commission is both discussing what a future

Emissions Trading System (ETS) will look like post-

Paris and finalising its Circular Economy package. The

two policies are potentially synergic, as pricing in the

value or the cost of avoided carbon emissions could

have a significant impact upon markets for secondary

raw materials from waste.

The call for a more effective carbon price has gathered

strength in recent years with the Carbon Pricing

Leadership Initiative (which includes major oil

companies, government ministers, the International

Monetary Fund, and the World Bank) and others

arguing the case. Many believe that a system for

pricing in the externalities of carbon emissions is

imminent, and it was revealed this week that there has

been a more than eight-fold increase in the number of

global companies pricing carbon into their business

plans over the past four years.

Wendel Trio, Director of Climate Action Network

Europe and a speaker at the conference, said:

“Including the external cost of products, for instance

through effective carbon pricing, is a prerequisite to

ensure the sustainable transition to a low-carbon and

resource-efficient economy. For resource recovery to

be a full alternative, a five- to tenfold increase of the

EU carbon price is needed.”

Dr Adam Read, External Affairs Director at SUEZ

Recycling & Recovery UK and a speaker at the

conference, said:

“From a waste-sector perspective there are currently

more important drivers than getting food waste out of

residual waste, namely minimising contamination of

dry recyclates and their global markets and supporting

the development of more anaerobic digestion facilities

to treat organic materials. Food waste prevention has

the potential to be far more effective and save far more

carbon than simply taxing energy-from-waste

emissions, for example. The waste sector’s ‘unique

selling point’ in terms of food waste and carbon

accounting is in facilitating avoided emissions, but

until there is some sort of legal or market

recognition for avoided emissions, either in an ETStype

scheme or through recycling certificates,

carbon pricing will have little effect on the waste

sector.”

Ollie More, Head of Policy at the UK Anaerobic

Digestion & Bioresources Association and a speaker

at the conference, said:

“An effective carbon price is essential to ensure that

the whole-system benefits of anaerobic digestion

(AD) are accounted for. A strong carbon price would

recognise the positive externalities that AD offers

through the generation of renewable energy and

nutrient-rich biofertiliser, which displace fossil-fuelderived

energy and artificial fertilisers respectively.

It would also help to put a more accurate, higher

price on any methane emissions from landfill.

“A carbon price could lead to the production of 80

TWh of biogas per year in the UK alone, providing a

huge boost to AD and other recycling markets across

Europe.

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Greencoat Renewables has agreed

to acquire the 36MW Dromadda

More Wind farm in County Kerry

from Impax for a total consideration

of €88.4 million

A new €250 million RCF put in place

with a syndicate of five domestic and

international banks: AIB, BNP

Paribas, Commerzbank, Royal Bank

of Canada and Santander

Acquisition of 36MW Dromadda More

wind farm from Impax, increasing

generation capacity to 173MW

€250m New Revolving Credit Facility with Syndicate of Five Banks

Greencoat Renewables PLC, the Irish renewable

infrastructure investment company, have announced an

agreement to acquire Dromadda More, a 36MW wind farm

from Impax Asset Management and a new €250 million

Revolving Credit Facility.

Dromadda More is located in County Kerry and consists of

11 Vestas V112 turbines. It has a capacity of 36MW. The

wind farm is currently being energised and is expected to

be formally commissioned in March 2018 at which point

the acquisition will complete.

As a newly built asset, Dromadda More will benefit from a

full 15 years of REFIT-2 revenues, guaranteeing a

minimum floor price for the electricity produced by the

asset. The acquisition will be subject to an adjustment

mechanism that will assess actual energy production over

a twelve-month period and the acquisition price will be

adjusted accordingly.

New €250 million Revolving Credit Facility

As outlined at the time of IPO in July 2017, Greencoat

Renewables intended to put in place a new RCF to enable

the acquisition of further operating assets in the

secondary wind market. Greencoat Renewables has now

put in place a three year €250 million RCF with a syndicate

of five domestic and international banks: AIB, BNP

Paribas, Commerzbank, Royal Bank of Canada and

Santander.

The RCF will be used to pay down the remaining €71

million of project finance debt associated with Greencoat

Renewables’ 137MW portfolio of seed assets, finance the

acquisition of the Dromadda More wind farm and provide

additional financial capacity for further acquisitions

when attractive opportunities appear. Over time and in

line with strategy, Greencoat Renewables may refinance

some or all of the RCF debt in the equity capital

markets, freeing up the RCF for further acquisitions as

required.

Bertrand Gautier, Partner at Greencoat Capital, the

Investment Manager, said: “As set out at the time of IPO,

we have now established a new Revolving Credit Facility

with a syndicate of five banks to allow us to effectively

pursue wind generation assets when the right

opportunities arise. We are very pleased with the terms

of the facility, and the acquisition flexibility that it will

provide.”

Paul O’Donnell, Partner at Greencoat Capital, the

Investment Manager, added: “We are very pleased to

have acquired Dromadda More - a high quality asset with

a high load factor which also benefits from 15 years of

REFIT. Dromadda More represents the first acquisition

for Greencoat Renewables PLC since IPO and underpins

the growth opportunity that we believe exists in the Irish

onshore wind market. It is an excellent addition to our

seed portfolio, and value-accretive to our shareholders.”

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38

Creating new

biochemicals and

bioplastics out of biomass,

could generate extensive

advantages for the European

economy in general, agriculture

in particular, its citizens as

well as environment.

Bio-based industries: European

growth is in our nature!

In Europe every year, millions of tonnes of sugar beet pulp

are only re-used as low-value products like animal feed

and fertilizer, or are processed into green gas. However,

thanks to new cutting-edge extraction techniques, this pulp

can now be transformed into high-value components used

in sports equipment, automotive parts or even in the

aviation industry, increasing its current worth by up to 50

times! This is not a distant dream, but the concept of the

very real PULP2VALUE project: 1 of 65 highly innovative

projects funded by the €3.7 billion-worth Bio-Based

Industries Joint Undertaking, aimed at a more sustainable,

environmentally friendly growth.

At a time when demands for greener products and a more

circular economy are ever growing, bio-based industries in

many ways hold the key to our European future. Not only

will they massively contribute to decarbonisation and the

reduction of our fossil-based dependence through a better

and more efficient use of local natural resources; in doing

so, they also hold a vast economic potential. In 2014, the

bio-based industries already employed 3.3 million people in

Europe, a number set to grow even further with the

expected creation of an extra 400,000 skilled jobs by 2020 –

80% of which will be in rural areas! On top of that, the

exploitation of by-products and crops like thistles,

dandelions and flax will allow farmers across Europe to

diversify and grow their income, as well as boost the

development of local economies.

“As confirmed in the independent interim evaluation report

produced by an independent group of experts for the

European Commission, the BBI JU is successful in bringing

together actors from different countries and different

sectors, combining knowledge and joining forces to attract

consistent private investment”, Bio-Based Industries Joint

Undertaking Executive Director Philippe Mengal declares.

“By the end of 2016 already, every euro invested by the EU

was leveraging €2.6 of private investment: proof that the

BBI JU is actively boosting European economy.

The BBI JU was created with the aim of acting as a catalyst

for the development of a bio-based European economy.

Central to this is the biorefinery – scaling up novel biobased

processes to treat all kinds of organic waste and

side-streams & transforming them into high value

products and ingredients. In order to fulfil its mission, it is

crucial for the BBI JU to keep promoting research and

innovation across whole value chains, overcoming

fragmentation and bringing together key stakeholders to

further de-risk investment, ultimately establishing and

organising new value chains and allowing for the creation

of innovative and new sustainable business models.

“We are key to shaping the bio-based sector as a business

community which provides the basis for a strong bio-based

economy in Europe. At our Stakeholder Forum in The

Square Brussels Meeting Centre on 7 December, we will

bring that community together to share best practices, look

towards the next phase in the initiative and witness the

work of the projects already begun.”, Philippe Mengal

concludes. “It is only by joining public and private forces

that we will be able to turn Europe not just into a pioneer

but the worldwide leading player in all things bio-based,

allowing us to conquer a global market share… On the way

to creating sustainable competitiveness for Europe, and

value for its citizens."

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39

Green Gas certificate demand

smashes the 1TWh barrier

Suppliers have now sold enough renewable gas through

the Green Gas Certification Scheme (GGCS) to cover the

annual consumption of 83,000 homes, cook 300 million

Sunday roasts, or fry four billion eggs. The scheme is

announcing today that sales of its certificates have now hit

1 TWh.

Increasing numbers of consumers are becoming aware

that, just as they can buy renewable electricity

‘certificates’, the rapid growth in the number of plants

injecting biomethane into the gas grid is opening

opportunities to include green gas as part of their energy

mix.

Nearly all the leading business energy suppliers are now

using the GGCS to offer green gas to their customers, with

Corona Energy making the largest volume of sales to date.

High profile businesses such as Sainsbury’s, Kingspan,

Landsec and Unilever are now using Green Gas

Certificates to drive down their reported onsite

greenhouse gas emissions (Scope 1 emissions).

In the water sector, Wessex Water and Severn Trent are

showing the role renewable gas can play in the circular

economy, powering their operations with biomethane

produced from the sewage sludge they process.

There are an estimated 200,000 households signed up to

green gas tariffs across eight different energy suppliers,

with E.ON recently announcing that its new EV tariff will

come with 100% green gas.

The green gas market has significant scope to develop in

the UK with a recent study suggesting the potential for

renewable gas production to hit 149TWh by 2050 - enough

to power over 10 million homes.

Jesse Scharf, Scheme Manager at the Green Gas

Certification Scheme said;

“We’ve worked hard to raise the profile of green gas and

consumers are now becoming aware of the potential for

our Certificates to support their emissions reduction

strategies. We have had significant growth in both sales

and interest in green gas in 2017, with a fourfold increase

in demand year on year.”

“With over 40 biomethane plants now part of the

Scheme, representing over half the UK’s production

capacity, the GGCS is well placed to meet this growing

demand. We would encourage any biomethane

producers who are not yet part of the scheme to get in

touch and discuss how we can help support their

business.”

Commenting on their involvement, Chryssa Tamvaki

from Corona Energy (a supplier) said:

“We’re proud to have led the development of this exciting

new market in the UK.

The Green Gas Certification Scheme offers a clear,

credible and transparent system for our customers to

know we are supplying them with green gas that has

been securely tracked through the supply chain“

Ben Brown, Energy Bureau Manager at Landsec, a green

gas consumer said:

“The Green Gas Certification Scheme ensures we know

exactly where our gas comes from and how it’s produced.

This means we can make a clear ethical choice on what

we purchase, minimising our own carbon emissions and

driving demand for green gas to decarbonise the UK grid

as well.”

Dr. Kiara Zennaro, Head of Biogas at the Renewable

Energy Association said:

“We’ve seen huge growth in the green gas sector since

2010 and the success of this scheme is both exciting and

essential. 1TWh of sales is a great sign that this industry

is maturing.”

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40

Government urges

local authorities to take

advantage of a £4.5 million

pot which could help

people around the country

join the electric car

revolution

Funding for thousands of electric

car charge points unused by councils

Ministers write to local councils urging them to take up

electric car charge-point funding

Ministers Jesse Norman and Claire

Perry have called for local authorities

to do more to help reduce carbon

emissions and tackle air quality after

it emerged just 5 councils in the

whole of the UK have taken advantage

of an electric car scheme.

In 2016 the Department for Transport launched the On-

Street Residential Chargepoint Scheme, offering

funding for local authorities to buy and install electric

car charge points. But the take-up more than a year

later has been extremely disappointing, meaning people

up and down the country are being denied the

opportunity to take advantage of the technology.

The two government ministers have written to councils

urging them to take up the scheme which makes

available up to 75% of the cost of procuring and

installing chargepoints. Local authorities can fund the

remaining costs through public and private sources.

Transport Minister, Jesse Norman said:

We are in the early stages of an electric revolution in the

UK transport sector, and connectivity is at its heart.

From:

Department for Transport, Office for Low Emission

Vehicles, Department for Business, Energy &

Industrial Strategy, Jesse Norman MP, and The Rt

Hon Claire Perry MP

SOURCE: www.gov.uk/government/news

Millions of homes in the UK do not have off-street

parking, so this funding is important to help local

councils ensure that all their residents can take

advantage of this revolution.

Charge points can be anything from new points popping

up on streets to adapting existing lampposts to make

the best use of space. The money has been available

since 2016 but so far only 5 councils have come forward,

so there is £4.5 million still available for them – enough

for thousands of extra points.

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41

Prepared for the electric revolution

With a host of different support schemes for electric

vehicles announced in the Autumn Statement, including

a Charging Investment Infrastructure Fund to

accelerate the roll out of charging infrastructure, and

more money to help people buy electric cars, the onstreet

scheme is an important part of the toolkit.

Around a third of homes in England do not have offstreet

parking, making it extremely difficult to charge

an electric vehicle overnight. As a result, on-street

charge points like those being offered through this

scheme have the potential to entice drivers to switch to

electric.

Now government ministers Jesse Norman and Claire

Perry are writing to council leaders to remind them

about the scheme and highlight the opportunities that

making electric vehicles accessible to their residents

can bring.

The number of electric vehicles bought in the UK was

up nearly 30% last year, and having committed to

ending the sale of new conventional petrol and diesel

cars and vans by 2040, government is also making sure

we have the right infrastructure in place to support

drivers.

A set of schemes for electric vehicles were announced

in the Autumn Budget in November, including a further

£100 million to help consumers purchasing electric

vehicles. Following that, government is today (January

12 2018) also announcing the extension of current grant

rates for both the Electric Vehicle Homecharge Scheme,

and Plug-in Car Grant which provides up to £4,500 to

help motorists make the switch to electric.

Our Clean Growth Strategy, National Air Quality Plan

and Industrial Strategy, all highlight the importance of

electric vehicles, which is why the Prime Minister

announced In December that the UK would host a Zero

Emission Vehicle Summit in Autumn 2018.

All this work is part of our plan to meet long-term

climate change and air quality targets and for the

opportunities that new green industries can bring with

jobs and growth. With 1 in every 5 battery electric

vehicles sold in Europe in 2016 already built in the UK,

we are already leading the way on the electric

revolution.

Charge point letter is one part of larger EV shift needed

Viable EV charging network is crucial to the development of a mass-market

The letter reveals that only five Local Authorities have

taken advantage of the scheme to date, which covers

up to 75% of the cost of procuring and installing onstreet

residential charge points, despite the funding

being available since 2016.

Local Authorities, under Section 106 requirements and

the “Merton Rule,” have the ability to go further than

only use central Government funds. They have the

powers to compel developers to build EV charge units

on their properties, alongside other measures such as

requirements for buildings to self-generate a portion

of their own power through onsite renewables.

Commenting on the letter, Matthew Trevaskis, Head of

Electric Vehicles at the Renewable Energy Association

said:

“A sea-change in transport is underway but creating a

mass-market for EVs is a chicken-and-egg scenario.

Prices for new electric cars are falling and widespread

uptake will bring benefits for the UK and consumers,

but a viable charging infrastructure needs to be in

place for them to really become commonplace across

the country.

“Local Authorities have a key role to play in supporting

uptake and action should be taken to ensure that all

funding for this sector is used. On-street charging,

which this funding targets, is also just one portion of

the larger picture. Local Authorities need to be

thinking about a rapid expansion of charging facilities

at workplaces, at supermarkets, along major

roadways and in other retail spaces to offer other

alternatives for those without off-street parking.

“Planning legislation including the ‘Merton Rule’ gives

them the capability to introduce building standards

that go beyond central government requirements, for

example compelling developers to create buildings

with onsite solar and EV charge points.”

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42

Khobab and Loeriesfontein wind

farms begin powering 240,000 homes

materialising over the project life. We are therefore pleased

for the jobs that have been created and would like to

encourage a process where the development and the needs

of our people are handled as a parallel process. We are

convinced that by working together, we are able to make a

further impact on the job creation front.”

Loeriesfontein Wind Farm and Khobab Wind Farm have

announced the commencement of their 20-year commercial

operations, a milestone they have achieved on schedule, on

budget and without a single lost-time incident. With a

generation capacity of 140 megawatts each, these two

neighbouring wind farms combined make up the largest

single expanse of wind turbines in the country.

Situated in the Northern Cape, which has the highest volume

of renewable energy utility power plants in the country, these

sister wind farms comprise a total of 122 wind turbine

generators, spanning 6,653 hectares.

According the Premier of the Northern Cape, Ms Sylvia

Lucas, “REIPPPP is a priority programme for the Province

and proves to be a game changer. This is a sector that can

assist Government to radically transform the economy. To

date, over 60% of South Africa’s Independent Power

Producers have been allocated to the Northern Cape. We

also take pride in the fact, that as a Province we not only play

host to solar farms but currently we are home to the second

highest number of wind farms in the Country. Through this

we are able to attract local and foreign investment to, not

only the Province, but the country at large. The attraction of

these investments places us at the forefront of the

Renewable Energy Industry."

She continued saying, “Worth noting is the fact that through

these investments, the Province has secured a substantial

share of the equity for local communities with benefits

Collectively the wind farms will power circa 240,000 South

African households, positively impacting the country’s

economy and its people. “This is a key milestone for Lekela

and its partners. We are pleased to have added over a

million megawatt hours of clean, renewable energy each

year to the country’s national grid; avoiding an estimated

twenty-two million tonnes of carbon emissions over the

lifespan of the projects, when compared to traditional fossil

fuel power plants,” said Chis Antonopoulos, Chief Executive

Officer of Lekela.

He added, “Following a visit to these projects from Ghanaian

energy experts to promote knowledge sharing on renewable

power, we look forward to exploring further synergies, as we

continue on our journey to deliver sustainable, reliable and

competitively priced energy across Africa”.

Furthermore, these two wind farms achieved over 2 million

man hours of construction activity without a single losttime-incident

during their construction period.

“Considering the sheer scale of these power projects, the

multiple level of activities and the complexities involved in

building these very large wind farms, it is an impressive

achievement for our construction team,” Kevin Foster,

Country Construction Manager for Mainstream Renewable

Power.

“Given the milestone development at the Loeriesfontein

Wind Farm and Khobab Wind Farm, we wish to congratulate

you on this achievement and express our sincere gratitude

for the investment and visible change that you have made

and continue to make in the lives of our communities. Our

heartfelt appreciation goes to the management of these two

wind farms for honouring your corporate social

responsibility and contributing to the wellbeing of the

surrounding communities. By doing so you are not only

ensuring business success but making sure that you develop

viable communities with a better quality life and for that we

are grateful,” concluded Premier Lucas.

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43

Micro Renewable Energy Federation

calls for support for micro generation

by homes, businesses and farms

Speaking at the Solar Ireland 17 conference at Croke Park in

November, joint-Chairman of the Micro-Renewable Energy

Federation (www.mref.ie), Pat Smith, said that at least 20%

of the €500m raised annually from PSO charges on

electricity consumers should be directed towards supporting

households, businesses and farmers that want to adopt

renewable energy technologies to help the country meet its

challenging carbon reduction targets.

Mr. Smith said that the PSO levy is a tax on electricity

consumers that goes towards supporting polluting peat and

big wind generation that has largely lost public support. The

PSO levy charges will increase by €100m in 2018. This

amount should be immediately re-directed towards micro

generation and specifically roof-top solar and battery

storage to encourage homes, businesses and farms

generate some of their own energy needs on their own sites.

He said that MREF analysis demonstrated that micro

generation, and especially roof top solar, is a cost-effective

policy alternative and the smartest way to get community

buy-in to the renewable energy revolution. He said the RESS

(‘Renewable Energy Support Scheme’) analysis in relation to

micro generation was seriously flawed and gave a totally

unfair assessment of its role as a least cost option. When

regional employment impacts and other community and

economic benefits are factored in, micro generation clearly

wins out as the best option and the quickest way to get

community buy in to renewable energy projects.

He said that MREF estimates there are at least 500,000

homes, 50,000 businesses and 100,000 farms with roof

space that collectively could accommodate up to 5,000MW of

electricity generation over the next 10/15 years. With battery

and other storage options such as water heating and electric

vehicle charging, most if not all of this power could be

consumed in the very households and businesses where the

electricity is generated, with little or no negative impacts on

the transmission grid.

He said: “MREF has estimated that €100m per year of the

PSO levy set aside for micro generation would provide grant

support of up to 40% for the roll out at least 200MW per year

of roof top solar generation and reduce the payback period

for homes and businesses to below 5 years.

For larger rooftop projects, a combination of a generation

tariff for self-consumption and a REFIT tariff to encourage

businesses such as farms to put solar on their sheds for

export to the grid must be part of the solution. Over the next

10 years, these policies could see the rollout of up to

3,000MW of roof top solar at significantly lower cost than that

paid to support the build out of big wind generation over the

last 20 years.”

Mr. Smith added: “The real benefits of adopting this policy is

that the Government would be taking positive action to

encourage homes, businesses and farms mitigate carbon

emissions and give something back to those who are

carrying the burden of funding the PSO levy in the first

place.”

He said that farmers should be incentivised to adopt

renewable technologies and given credit against the

challenging targets they have to meet as agricultural output

increases. He said: “Farming is economically critical to

Ireland’s future prosperity. This is an important opportunity

to encourage farmers not alone to generate renewable

energy for their own use but also, with a feed-in tariff, to

provide energy for local communities and wider export.”

Mr. Smith said that MREF was also seeking policy changes

in a number of other crucial areas including planning

requirements for renewable projects. He questioned why is it

necessary for businesses to be forced to seek planning

approval for modest roof top solar installations when in

Northern Ireland roof top projects of up to 1000kw can be

installed without the need for planning or the costs and

delays that planning requirements incur.

Concluding, Pat Smith said that micro renewable generation

offers the Government a real opportunity to socialize

renewables by getting wide community buy-in quickly and

cost effectively.

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