The UK has become a leading voice in the fight against climate change. It’s cleantech and green energy sector consists of a startups and scaleups, all serving as a microcosm for the rest of the planet. Electric cars, renewable power and even insect-based protein for pets – this is the extent of innovation happening in the UK. Of course the UK isn’t the only country serving as an incubator for renewable energy companies – many other countries and companies are doing their part. However, if you’ve got an interest in renewable energy stocks to buy in the UK, then keep reading to know the best renewable energy companies to invest in the United Kingdom.
1. Recycling Technologies
A product of the University of Warwick conceived back in 2012, Recycling Technologies has aspirations towards a circular economy specifically for combating the effects of plastic. Thus far this green energy company has created modular technology that converts mixed plastic waste into a viable fuel for new plastic production, thus lessening the amount of new plastic on the planet.
To date, Recycling Technologies has raised enough investment capital (£33.7m) to start building and commercialising its technology.
2. First Light Fusion
Conceived at the University of Oxford in 2011, First Light Fusion is looking at new was to utilise the power of inertial confinement fusion (ICF), a form of laser-focused fuel compression, for the purposes of power generation. One of the major benefits of fusion is that unlike other forms of renewable energy like wind or solar, fusion can deliver energy in spite of weather conditions.
Thus far, First Light Fusion has secured £53m in equity funding and plans on upgrading its resources, hiring more staff and expediting its workflow. Anyone with an interest in energy and solar company stocks would do well to keep an eye on this one as it looks set to go places.
Likely taking a page out of Bill Gates’ book, Propelair has developed a low-water flush toilet system for the business sector. It’s toilet system can be integrated into existing drains, thus making for low-cost installation and reducing the water usage in commercial buildings.
The company has secured equity financing to the tune of £16.5m and has global interests stretching as far as the Middle East and Australia.
Established back in 2012, SaveMoneyCutCarbon serves in a consulting capacity and acts as a singular conduit for all kinds of energy and water saving initiatives. Catering to both households and companies, SaveMoneyCutCarbon provides consultancy services, analysis, advice and energy-saving product installations. The company also provides a slew of eco-friendly products for home use.
To date, the company has raised £8m in equity funds. Throw in a pre-money valuation of £13.7m and a £3.65m deal with Barclays and you have a company with plans to grow locally and beyond.
This energy efficient startup has developed a new type of electrical transmission cable that relies on capacitance technology to minimise the loss of energy. The end result is an electrical transport solution epitomised by the Captive Transfer System which lets energy travel from power plants to households and end consumers at a much more efficient rate than the archaic power-draining wires used in traditional power grids. This technology can also be integrated with other sustainable energy products like smart grids, electric vehicles and wind farms.
Equity funding to date totals £8.36m, pre-money valuation sits at £22.1m, and the company plans to expand commercial sales, its marketing team and its engineering.