This week during a keynote speech on the UK Industrial Strategy, the Secretary of State for Business, Energy and Industrial Strategy (BEIS), the Rt Hon Greg Clark MP launched the Faraday Challenge.
This government investment drive of £246 million is designed to boost the research and development of expertise in battery technology via a series of competitions, under the Faraday Challenge project. The competitions are designed to increase research, innovation and the scaling of battery technology as part of the Government’s objective to establish the UK a world-leader in battery innovation.
In response to the announcement Absolute Solar and Wind Managing Director, Graham Provest said:
"At Absolute Solar and Wind we are pleased to hear that the Government is backing research and development of new batteries and technology. We know first-hand what potential battery storage has as we believe batteries are a key technology that will transform the future of renewable energy. We are undertaking our own research in this very area and I will be following the developments of the Faraday Challenge with interest. I’m looking forward to the publication of the full White Paper later this year.
Our commercial and domestic clients are already reaping the benefits of our energy efficiency solutions, which include minibems, CHP systems, biomass and solar PV to name but a few and we are excited to see the benefits these new developments in technology will bring our customers in future."
If you would like to find out more about how Absolute Solar and Wind’s energy efficient solutions could benefit your business, give us a call on 0141 530 7644 or email [email protected] to arrange a visit from one of our specialist engineers.