Scottish Financial News
Summary
A net zero transition partner has significantly expanded its renewable assets and its services for commercial businesses, thanks to a £3.2 million funding boost from HSBC UK.
Biosus Energy, which advises and installs green energy solutions for businesses across the UK, will use the funding to purchase 14 state-of-the-art combined heat and power generators.
Ecogenesis Ltd, the project developer for the 14 state-of-the-art machines and part of the Biosus Energy Holdings group of companies, will operate the generators and convert sustainable wood into heat and power to provide base power to green the UK national grid using cutting-edge technology. The systems will also produce valuable byproducts - wood chips and biochar – which can be sold to improve soil composition and support the circular economy.
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