The Latest Sustainable Energy News from Low Carbon

Low Carbon invests in Energy Networks Europe to champion smarter heating for the UK

Renewable energy investment company, Low Carbon acquires majority stake in combined heat and power (CHP) company, Energy Networks Europe

London, United Kingdom 19 July 2016 – Renewable energy investment company, Low Carbon today announces its initial investment in acquiring a majority stake in Energy Networks (Europe) Limited (ENE).

ENE is a joint venture between Low Carbon and a development consortium consisting of Urbis Living, which has been involved in the strategic redevelopment of large parts of South Bristol and First Generation (UK) Limited, a company that designs, builds and operates Combined Heat and Power energy networks to service communities and industrial and commercial processes.

Combined heat and power (CHP) is a process that cost effectively captures the heat produced in electricity generation and distributes this heat to local homes and businesses. Not only can CHP help to reduce energy usage, it can also reduce carbon emissions by up to 30% when compared to conventional generation.  ENE has been established for the purpose of developing and operating heat and power networks.

Low Carbon is a privately-owned UK investment company, investing in utility-scale projects including solar PV, wind, concentrated solar power and battery storage. The company is making significant strides to diversify its portfolio, realising the potential and opportunity of CHP and district heating.

Steve Mack, Head of Investments, Low Carbon commented, “It’s a truly exciting time to be investing in the heating and CHP market. Heating is the largest part of the energy demand in the UK, compromising an estimated 78% of UK consumer energy bills which have rocketed by 170% over the last 10 years. Furthermore, heating is also the largest contributor to CO2 levels emitted in the UK. The future lies in well-designed and planned CHP plants which will provide lower energy costs for consumers, contribute to local and national energy security, and ultimately help in reducing carbon emissions.”

As part of its investment, Low Carbon will fund the development of all district heating projects that are developed by ENE. The first of which is the Bedminster project, in which Low Carbon and ENE are working together to build a replicable, scalable development and financing model for the formation of district heating networks across the UK.

Urbis Living is the lead project developer on the Bedminster project, and is coordinating with Bristol City Council on the deployment of the heat network. Full planning is expected by end of July 2016, with construction of the site to begin in Q4 2016, and the first heat offtake expected in Q3 2017. The regeneration of Bedminster could deliver up to a total of 1,000 new homes, powered by highly efficient CHP.

Duncan Valentine – Director, ENE confirmed – “We are thrilled to be partnering with Low Carbon in developing our pipeline of large scale district heating projects.  Together, we are building a new asset class capable of delivering CO2 reductions, combat fuel poverty and achieve investment grade returns.”

Martin Pickard, Investment Director at Low Carbon added “We see a bright future for ENE and further projects in the pipeline. ENE has identified a project pipeline of c.100MW across 19 sites currently being considered for district heat networks. Many of these are backed by DECC, who have provided a total of £9.4 million to local councils across the country to conduct studies into the feasibility of district heating deployment. The momentum is building for the support, design and build of CHP plants across the UK.”

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About Low Carbon

Low Carbon is a privately owned investment company committed to the development and operation of renewable energy power production. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar, wind, anaerobic digestion, concentrated solar power and energy storage. Low Carbon has a strong management team with a proven track record in the development, construction, financing and management of renewable energy assets. For UK solar alone, Low Carbon has funded and is operating more than 320MW. Low Carbon remains involved in the projects for the long term with a dedicated asset management team that currently manages assets on balance sheet and for third parties (unlisted and listed).

www.lowcarbon.com

About Energy Networks Europe (ENE)

ENE is a developer, funder and operator of community heat & power networks.   ENE take a unique approach to energy projects by combining their energy and real estate experience to deliver fit for purpose solutions which provide long term, secure, cost effective, efficient and low carbon energy to large consumers and communities. ENE considers all stakeholders in its projects designs by treating all developments as combined energy and real estate projects.

www.energy-networks.eu/

About Urbis Living

Urbis Living is owned and managed by senior construction industry professionals with a vision to create attractive, high quality, environmentally sustainable, urban properties. The business has grown substantially and is now one of the fastest growing developers in the region. Urbis Living manages the full development process from site acquisition to sale, using a team of established professionals, including architects, contractors and craftspeople to create modern homes that fit successfully within the community in which they are built and breathing new life into a range of buildings and sites of architectural interest.  Urbis Living has developments in the best and most interesting, established and up-and-coming locations in the South West.

About First Generation (UK)

First Generation (UK) Limited (“FirstGen”) is a company that designs, builds and operates energy networks to service communities and industrial processes throughout the UK with a key focus of supplying low carbon heat via gas fired CHP assets.  FirstGen principals have extensive experience in energy, engineering and finance and leverage value from each part of the development chain that facilitates higher efficiency than traditional models

Low Carbon demonstrates the power of the elements at Land Rover BAR’s new Tech Deck

Interactive educational centre offers unique perspective of sustainability in sport

20 May 2016 – Land Rover BAR’s new interactive “Tech Deck” Education Centre was officially opened by Her Royal Highness, The Duchess of Cambridge – the Royal Patron of the team’s official charity, the 1851 Trust. The Duchess was joined at the opening by Land Rover BAR Team Principal and Skipper Sir Ben Ainslie and Sir Keith Mills, Chairman of the 1851 Trust.

The ‘Tech Deck’ offers visitors a unique behind-the-scenes experience with hands-on interactive exhibits, enabling young people to get close to the boats, technologies and sustainability initiatives that will enable the team to fly faster, sail smarter and be more sustainable – the goal being to bring the America’s Cup home for the first time in its 165-year history.

The ‘Tech Deck’ has been developed for Key Stage 3 of the National Curriculum with the aim of nurturing young peoples’ interest in Science, Technology, Engineering and Maths (STEM). Throughout the education centre, interactive exhibits demonstrate the role that science, technology and sustainability play in building a leading sporting team.

In support of the team’s quest to be sustainable, Low Carbon the renewable energy investor and renewable energy partner to Land Rover BAR, has developed three interactive displays highlighting how the team is harnessing tidal, wind and solar energy to help them achieve the best possible performance while being as sustainably as possible.

In 2015, Low Carbon installed a commercial rooftop solar installation at the home of Land Rover BAR with a generating capacity of 114kW. A key feature of the Tech Deck and the sustainability display is that the solar panels installed at the base are visible from the Education Centre, helping to bring renewable energy to life for the next generation.

More recently, Low Carbon in collaboration with Land Rover BAR, invested in a new rooftop solar installation at the Northern Parade Schools in Portsmouth. Both installations – saving a combined 90 tonnes of CO2 each year – provide the team and the schools with free electricity, with all subsidy revenues being to the benefit of the 1851 Trust.

 

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About Low Carbon

Low Carbon is a privately owned investment company committed to the development and operation of renewable energy power production. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar, wind, anaerobic digestion and concentrated solar power. Low Carbon has a strong management team with a proven track record in the development, construction, financing and management of renewable energy assets. For UK solar alone, Low Carbon has funded the development of more than 317MW. Low Carbon remains involved in the projects for the long term with a dedicated asset management team that currently manages assets on balance sheet and for third parties (unlisted and listed).

www.lowcarbon.com

 

About Land Rover BAR

Ben Ainslie Racing (BAR) was launched on June 10th 2014 in the presence of Her Royal Highness The Duchess of Cambridge. The team was conceived by four times Olympic gold medalist and 34th America’s Cup winner, Sir Ben Ainslie, with the long-term aim of challenging for Britain and bringing the America’s Cup back home to where it all began in 1851. Ben has developed and will lead a British entry capable of winning the prestigious trophy, something Britain has so far never managed to achieve. Land Rover BAR is a commercial sporting team, with a number of individual private investors alongside corporate partners. The team is made up of some of the best British and international sailors, designers, builders and racing support. Sports teams represent key role models in society. This privileged position is not taken for granted at Land Rover BAR. The team believe our influence should extend far beyond the race course, and have put sustainability at the heart of operations since launching the team with Exclusive Sustainability Partner 11th Hour Racing in 2014. The team have built a new headquarters in the centre of Portsmouth, the 74,000 sq ft. building houses all the team’s activities, and will welcome the public into a Visitor Centre hosted by the 1851 Trust. The Trust is the team’s official charity, and HRH The Duchess of Cambridge is its Royal Patron.

www.land-rover-bar.americascup.com

 

About the 1851 Trust

The 1851 Trust aims to inspire and engage a new generation through sailing and the marine industry, providing young people with the education, skills and training to become innovators of the future, and stewards of the marine environment. The Trust is supported by Land Rover BAR, the team to bring the America’s Cup back to Britain – a trophy that left these shores in 1851, a trophy that Britain has never won.

www.1851trust.org.uk

 

Northern Parade Infant and Junior School completes solar PV installation in a bid to become more sustainable

Portsmouth primary school works with renewable energy investor, Low Carbon and the Land Rover BAR sailing team to reap benefits of renewable energy technology

PORTSMOUTH, UK – 22 MARCH 2016 – A primary school in Portsmouth has become the latest to lead the charge for sustainability by completing an onsite rooftop solar photovoltaic (PV) installation, in partnership with several local organisations. The project at Northern Parade Infant and Junior School in Hilsea, Portsmouth means that the school will not only reduce its carbon emissions, but will also benefit from the use of free renewable electricity that will be generated by the panels. This will significantly reduce the running costs of the school buildings, and will allow budgets to be allocated to other key projects within the school.

The project was facilitated and funded by UK-based renewable energy investment company Low Carbon, in collaboration with local America’s Cup sailing team Land Rover BAR and its charity, the 1851 Trust. Portsmouth County Council has also offered support for this project.

The solar installation is comprised of 240 solar PV panels and has an expected annual production of 64,754 kWh – enough to power 21 homes. This equates to a total of 30 tonnes of CO2 being saved by the school every year. There is a tremendous opportunity for this school to help mitigate the negative effects of climate change while helping to educate school pupils as to benefits of renewable energy technology.

The project demonstrates how all key stakeholders are acting as responsible members of the community and are passionate about driving change within their local area. Not only will this installation save the school money and help reduce its carbon footprint, but it will also help engage the next generation and the wider community in the importance of renewable energy in the ongoing fight against climate change.

Low Carbon is a renewable energy investment company whose portfolio includes solar, wind, anaerobic digestion and concentrated solar power. Low Carbon has been working with Portsmouth-based sailing team Land Rover BAR, captained by Sir Ben Ainslie, for several years, most recently on the team’s sustainable HQ located on The Camber. The team is keen to be an active and engaged member of the wider community, which in doing so supports the aims and goals of the team’s charity – the 1851 Trust. This charity aims to inspire and engage a new generation through sailing and protecting marine environments, providing young people with the education, skills and training to become innovators of the future and stewards of the marine environment. To support the goals of the charity, any subsidy revenue generated from the installation at the primary school will be recycled into the 1851 Trust.

Roy Bedlow, Chief Executive and co-founder of Low Carbon, and Trustee of the 1851 Trust, commented: “Low Carbon and Land Rover BAR share the same goal of mitigating the negative effects of climate change. Being part of this project presents a strong opportunity for us – to drive community involvement and engagement with renewables, and to educate the next generation as to benefits of renewable energy. This is the key to unlocking greater adoption of renewable energy across other schools, businesses and households across the country. If the recent Paris Climate Change conference (COP21) taught us anything, it is that all levels of industry, sectors and individuals can play their part in the fight against global warming”.

Sir Ben Ainslie, Team Principal and Skipper of Land Rover BAR, four-time Olympic medallist and America’s Cup winner, said: “Sports teams such as Land Rover BAR can play a powerful role in inspiring the next generation, educating individuals about the need for greater sustainability and driving positive change. We hope this project will not only help Northern Parade Infant and Junior School deliver on its sustainability goals, but also provide inspiration to schools across the country on the opportunities that renewable technology installations can bring to students, staff and the wider community”.

Cllr Neill Young, Cabinet Member for Children Services and Education said: “The installation of these solar panels as part of the work to expand Northern Parade School is great – the school is more energy efficient and the creation of renewable energy will help reduce the school’s running costs.  It’s also good for the pupils to see technology and renewable energy in action on their school.”

 

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About Low Carbon

Low Carbon is a privately owned investment company committed to the development and operation of renewable energy power production. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar, wind, anaerobic digestion and concentrated solar power. Low Carbon has a strong management team with a proven track record in the development, construction, financing and management of renewable energy assets. For UK solar alone, Low Carbon has funded and is operating more than 270MW. Low Carbon remains involved in the projects for the long term with a dedicated asset management team that currently manages assets on balance sheet and for third parties (unlisted and listed).

www.lowcarbon.com

About Roy Bedlow

Roy Bedlow is Low Carbon’s co-founder and Chief Executive and Trustee of the 1851 Trust. He is a founder member of the Carbon War Room and a Trustee of the Rocky Mountain Institute. Roy also sits on the Board of the energy efficiency technology company, enModus and the Board of the educational development company, Sparx.

About Land Rover BAR

Ben Ainslie Racing (BAR) was launched on June 10th 2014 in the presence of Her Royal Highness The Duchess of Cambridge. The team was conceived by four times Olympic gold medalist and 34th America’s Cup winner, Sir Ben Ainslie, with the long-term aim of challenging for Britain and bringing the America’s Cup back home to where it all began in 1851. Ben has developed and will lead a British entry capable of winning the prestigious trophy, something Britain has so far never managed to achieve.

Land Rover BAR is a commercial sporting team, with a number of individual private investors alongside corporate partners. The team is made up of some of the best British and international sailors, designers, builders and racing support.

Sports teams represent key role models in society. This privileged position is not taken for granted at Land Rover BAR. The team believe our influence should extend far beyond the race course, and have put sustainability at the heart of operations since launching the team with Exclusive Sustainability Partner 11th Hour Racing in 2014.

The team have built a new headquarters in the centre of Portsmouth, the 74,000 sq ft. building houses all the team’s activities, and will welcome the public into a Visitor Centre hosted by the 1851 Trust. The Trust is the team’s official charity, and HRH The Duchess of Cambridge is its Royal Patron.

www.landroverbar.com

About the 1851 Trust

The 1851 Trust aims to inspire and engage a new generation through sailing and the marine industry, providing young people with the education, skills and training to become innovators of the future, and stewards of the marine environment. The Trust is supported by Land Rover BAR, the team to bring the America’s Cup back to Britain – a trophy that left these shores in 1851, a trophy that Britain has never won.

http://www.1851trust.org.uk/

Low Carbon is buzzing to champion biodiversity

Low Carbon partners with Plan Bee to install 25 beehives on five of its solar farms across southern England in a bid to promote greater biodiversity and boost the local bee population.

London, UK, 26 August 2015 – Leading renewable energy investment company Low Carbon has launched an initiative to promote greater biodiversity in Cornwall, Dorset and Suffolk. Low Carbon has partnered with sustainability company Plan Bee to install and manage 25 bee hives across five of its solar farms.

Honeybee populations have halved in the UK over the last two decades, according to research by the University of Reading, with climate change, mites, pesticides and disorders, contributing to this. Plan Bee partners with businesses like Low Carbon to support and increase populations of this valuable insect, which is an essential component in the balance of our delicate ecosystem.

Quentin Scott, Low Carbon’s Marketing Director said: “We are committed to protecting local habitats and ecosystems on our solar farms. Encouraging biodiversity should not be a bolt on for renewable energy companies, but rather a core responsibility. Protecting bees, insects and other species is a crucial part in the fight against climate change and we look forward to continuing our work with Plan Bee in the future.”

Low Carbon works across the solar, concentrated solar power, wind and anaerobic digestion sectors. It currently operates over 270MW of operational solar energy assets in the UK.

The renewable energy investor is making every effort to play a central part in the farming communities surrounding its sites. By locating on fallow land that is unusable for agriculture, Low Carbon is delivering a long-term investment in these areas.

Quentin Scott added: “By taking measurable steps to install beehives on our solar farms, we hope to show that investing in solar PV on their land needn’t be at the cost of local wildlife. Through our community outreach, we want to help champion biodiversity”

Each of the five sites will host more than 300,000 bees to help cultivate local crops and encourage biodiversity. A remote monitoring system is planned, which will allow Plan Bee to keep tabs on each bee colony by monitoring parameters such as brood temperature, humidity, hive weight and weather conditions.

Each hive will produce high quality local honey, which will be sent to key stakeholders and partners in the ongoing effort to raise awareness of the plight of bees and continued support for renewable energy.

Warren Bader, Plan Bee Ltd’s CEO said: “We’re delighted to be working with a prestigious renewable energy company like Low Carbon, who share our vision on biodiversity and sustainability. They’re playing a part in supporting the local communities in which they work. Like the bee community they are working together for the betterment of the collective. While renewable energy companies are sustainable by their very nature, we offer them the opportunity of improved ROI, which we like to think of as ‘return on involvement’.

 

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About Low Carbon

Low Carbon is a privately owned investment company committed to the development and operation of renewable energy power production. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar, wind, anaerobic digestion and concentrated solar power. Low Carbon has a strong management team with a proven track record in the development, construction, financing and management of renewable energy assets. For UK solar alone, Low Carbon has funded and is operating more than 270MW. Low Carbon remains involved in the projects for the long term with a dedicated asset management team that currently manages assets on balance sheet and for third parties (unlisted and listed).www.lowcarbon.com

 

About Plan Bee

Plan Bee works with a number of high profile businesses across the UK to support their sustainability needs. Low Carbon is matching the commitment already shown by companies the likes of Highland Spring, Kelloggs, British Gas and Balfour Beatty. Some of Plan Bee’s clients are also utilizing the community engagement offering of the company to deliver legacy projects in areas where they have delivered large constructions or where work has had an environmental impact.

A number of renewable energy companies are already talking to Plan Bee to help extend their sustainability offering, improve their community engagement and corporate citizenship; and involve employees in biodiversity projects to improve company morale, with tangible results. This improved sustainability ethos has business benefits as well, by supporting planning requirements, as well as in the bids and tendering process.

 

The home of Land Rover BAR is now powered by the sun

Land Rover BAR and renewable energy investment partner, Low Carbon, today announce that the team’s roof top solar installation is now fully operational.

The solar panels installed at the home of Land Rover BAR have a capacity of 114kW and will contribute approximately 130,000kWh of clean energy per year towards the team’s energy needs – enough to power more than 40 homes, while saving over 60 tonnes of CO2.

The system uses 432 high capacity solar panels and more than 200 special system optimisers to  ensure the system performs to peak capacity in all light conditions.

The partnership with Low Carbon is an example of how Land Rover BAR is leading the sporting world in sustainability, in its bid to bring the 35th America’s Cup home to Britain.

Roy Bedlow, chief executive and co-founder of Low Carbon comments, ‘With fully operational solar panels in place, the home of Land Rover BAR is a beacon of best practice for sustainable construction. By installing renewable energy technologies such as solar panels, other sporting organisations can help lead the charge in influencing sustainable behaviour and we hope to see more sports team and businesses make this impactful change.’

Dr Susie Tomson, Land Rover BAR’s sustainability manager stated, ‘We set out our sustainability principles from the start to deliver a team with a light environmental footprint and sustainable construction at its heart. Having Low Carbon as our renewable energy partner, as well as 11th Hour Racing as our sustainability partner, has been instrumental in us really raising the bar as to what can be achieved by a major sports team – it’s a really exciting partnership for the team, delivering real change on the ground.’

 

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Notes to Editors

About Land Rover BAR

Land Rover BAR was launched on June 10th 2014 in the presence of the Duchess of Cambridge. The team was conceived by four times Olympic gold medallist and 34th America’s Cup winner, Sir Ben Ainslie, with the long-term aim of challenging for Britain and bringing the America’s Cup back home to where it all began in 1851. Ben will develop and lead a British entry capable of winning the prestigious trophy, something Britain has so far never managed to achieve.

Land Rover BAR is a commercial sporting team, with a number of individual private investors alongside corporate partners. The team is made up of some of the best British and international sailors, designers, builders and racing support.

www.landroverbar.com

 

About Low Carbon

Low Carbon is a privately owned investment company committed to the development and operation of renewable energy power production. Low Carbon invests into both renewable energy developers and projects across a range of renewable energy technologies including solar, wind, anaerobic digestion and concentrated solar power. Low Carbon has a strong management team with a proven track record in the development, construction, financing and management of renewable energy assets. For UK solar alone, Low Carbon has funded and is operating more than 270MW. Low Carbon remains involved in the projects for the long term with a dedicated asset management team that currently manages assets on balance sheet and for third parties (unlisted and listed).

www.lowcarbon.com