4 years ago

Intelligent Power Generation Secures £2 Million in Series A Funding for Climate-Friendly Power Technology

  • Intelligent Power Generation, a British climate-tech company, has raised £2 million in the first close of its Series A funding round led by a consortium of experienced angel investors

  • The company plans to raise an additional £1-2.5 million before final closing

  • IPG is developing a Flameless Ceramic Turbine designed to deliver pollutant-free power from any fuel, enabling businesses to transition from natural gas sources to alternative fuels like hydrogen and biogas

  • The 100kW modular generator offers efficiencies comparable to centralized power plants, aiming to reduce the environmental impact of fuel-based power at a cost competitive with diesel generators.

      • ProblemEnergy

      "Fossil fuels are a major source of pollution, and businesses are looking for ways to reduce their environmental impact. However, transitioning to renewable energy sources can be expensive and difficult for some businesses. Diesel generators are a common alternative but they are polluting and expensive to operate."

      Solution

      "Intelligent Power Generation has developed a Flameless Ceramic Turbine that can generate power from any fuel source, including hydrogen and biogas, with significantly reduced emissions. Their technology is modular and operates with efficiencies comparable to centralised power plants, making it a cost-effective alternative to diesel generators for businesses."

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