6 years ago
Logan Energy Secures £1 Million Funding for Chinese Expansion
Logan Energy, a UK-based hydrogen energy company, has secured £1 million in funding from Kelvin Capital, via an international collaboration with Henan Lanxing Power Equipment Co Ltd
The funding will be used to launch a joint venture with Lanxing to develop operations in the Chinese market, create eight new jobs, develop product offerings and expand operations on a regional, national and international level.
ProblemEnergy
"Making stationary fuel cell and combined heat and power projects more efficient and sustainable"
Solution
"Logan Energy is a UK-based hydrogen energy company that designs, installs, commissions, and maintains Energy Centres across the UK and Europe. They are partnering with a Chinese manufacturer to develop their operations in China and create eight new jobs in different departments."