New UK Clean Energy Companies Promising a More Sustainable Future

In 2022, the UK made history, with 40% of its electricity sourced from renewables – a 5% rise from 2021. This surge mirrors a broader shift towards clean energy, not only on an individual level but also among businesses and investors

Clean Energy Matters
Clean energy, sourced from renewables like solar and wind, is crucial for combatting climate change, reducing pollution, and ensuring a stable energy future. Economically, it sparks growth and job creation, while health-wise, it improves air quality and lowers the risk of respiratory diseases.

However, recent events such as the disruption caused by the Ukraine war and now the instability in the Middle East, have bought to the forefront how important energy security is, if countries are not to be held “hostage to fortune” by events outside any one country’s control.

Indeed, the higher inflation rates that the UK has had to endure vis-a-vis its peers, was by-in-large due in part to the higher prices of imported energy and in particular, gas.

Meet the Top 10 Clean Energy Companies:

1. Sonnedix
– Total Raised: £284m
– Established: 2009
– London, UK
Sonnedix focuses on sustainable growth, operating over 700 projects and securing £34.4m in recent fundraising.

2. Field
– Total Raised: £240m
– Established: 2020
– London, UK
Field is dedicated to renewable energy infrastructure, raising £200m in 2023 alone, with a focus on energy storage solutions.

3. BBOXX
– Total Raised: £140m
– Established: 2010
– London, UK
BBOXX sets up off-grid solar systems in regions with unreliable electricity, securing £499k in its latest fundraising.

4. Tevva
– Total Raised: £111m
– Established: 2013
– East of England, UK
Tevva manufactures Electric Range Extended Vehicles (EREVs), securing £10.8m in grants and hitting Clean & Renewable energy signals.

5. Nyobolt
– Total Raised: £68.2m
– Established: 2019
– East of England, UK
Nyobolt specializes in fast-charging battery technologies, securing £2.08m in grants and hitting Clean & Renewable energy signals.

6. HomeTree
– Total Raised: £65.4m
– Established: 2015
– London, UK
HomeTree offers residential energy solutions, securing £46m in its latest funding and hitting Clean & Renewable energy signals.

7. Myenergi
– Total Raised: £61.8m
– Established: 2016
– Yorkshire and The Humber, UK
Myenergi focuses on renewable energy products, securing £30m in its latest funding and hitting multiple environmental signals.

8. HVS (Hydrogen Vehicle Systems)
– Total Raised: £60.6m
– Established: 2017
– West of Scotland, UK
HVS pioneers zero-emission vehicles, securing £16.7m in grants and hitting Clean & Renewable energy signals.

9. Bowman Power
– Total Raised: £58.9m
– Established: 2001
– South East, UK
Bowman Power transforms excess heat into energy, securing £800k in its latest funding and hitting Clean & Renewable energy signals.

10. Xlinks
– Total Raised: £41.6m
– Established: 2019
– East of England, UK
Xlinks focuses on wind and solar energy, securing £30m in its latest funding and contributing significantly to cleaner power solutions.

A Greener Tomorrow

As the momentum for clean and renewable energy intensifies, these top 10 companies lead the charge, shaping a future where sustainability and innovation go hand in hand.

Combining to make the UK less dependant on the volatile prices of imported energy which have been impacted by the current instability caused by World events, promises not only a cleaner more sustainable future, but also a more secure one, too.

(Source: Beauhurst)

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