Pressure Technologies’ subsidiary scoops £4.6m order
PRESSURE Technologies’ alternative energy division Chesterfield BioGas (CBG) has secured two orders which together, are worth £4.6m.
The orders are to supply biogas upgraders and ancillary equipment and Sheffield-based Pressure Technologies said they act as a grounds for “considerable optimism” for the subsidiary.
Stephen McCulloch, managing director of CBG, said: “These orders mark a step change in the market for biogas upgrading, which is moving from small scale, proof of concept projects to large scale plants, which deliver commercial returns to our customers.”
Pressure Technologies chief executive, John Hayward, added: “I am very pleased for the team at Chesterfield BioGas. Their dedication and hard work over the last five years is finally reaping rewards. These order wins, together with a very promising pipeline of potential follow on orders, give grounds for considerable optimism for the Biomethane to Grid market in the UK and the outlook for Chesterfield BioGas.”
CBG will install and commission the upgraders, which have scheduled handover dates in the second-half of the group’s 2014 financial year. Once the sites are operational, CBG will generate additional revenue from a long-term contract to monitor the upgrader’s performance and maintenance services.
CBG was founded in November 2008, following the signing of a co-operation agreement with Greenlane Biogas – the world leader in biogas upgrading, which gives Pressure Technologies exclusive rights to market and manufacture Greenlane equipment in the UK and Eire.
The business provides solutions for the cleaning, storage and dispensing of biomethane for injection into the gas grid or use as a vehicle fuel. In 2010, it installed the UK’s first biogas upgrader supplying biomethane to the national grid at a Thames Water site in Didcot. A second upgrader was delivered in October 2012.
These latest orders will use the Totara model biogas upgrader, capable of processing up to 2,000 cubic metres of biogas per hour. The Totara upgrader will clean the raw biogas, produced by anaerobic digestion of the waste, to more than 98% pure biomethane, matching the purity criteria required of natural gas being piped to households and commercial premises.
CBG is the sole technology partner in the UK for the Greenlane systems, which according to Pressure Technologies, are the most widely proven in this market. More than 70 sites are currently operating successfully around the world; 27 of these employ the Totara model.
