seeing green

Houston cleantech company receives grant to harvest waste pressure in the U.K.

Revolution's tech produces green power for digital oilfield and pipeline initiatives through the recovery of excess natural gas pressure. Photo by Anton Petrus/Getty

The United Kingdom subsidiary of Houston-based cleantech startup Revolution Turbine Technologies has received a $200,000 grant from the U.K.’s Strategic Innovation Fund to help produce zero-emission electricity.

The project, led by Revolution Turbine Technologies (RTT) in tandem with regional utility Northern Gas Networks and British government agency Digital Catapult, will explore installation of RTT’s proprietary micro-turbines within the Northern Gas Networks’ natural gas distribution network. It’ll be the first time RTT’s technology has been introduced into the global market for natural gas distribution.

RTT’s U.K. subsidiary received the grant from the U.K.’s £450 million Strategic Innovation Fund. The fund backs projects that are designed to help U.K. energy systems reach net-zero targets.

RTT’s co-founder and CEO, Christopher Bean, says in a news release that the grant “will accelerate our development efforts and be instrumental in advancing commercialization of our technology.”

The RTT technology set to be added in the U.K. holds the potential to be rolled out in the U.S. and elsewhere in Europe in the effort to combat carbon dioxide emissions, Bean says.

“Launching 40 projects in parallel, involving 100 percent of the UK energy networks, shows we can embrace new approaches, move quickly, and take more calculated risks," says Matt Hastings, deputy director of the Ofgem SIF program at Innovate UK, in the release." We strongly believe we can make the UK the best place in the world to be an energy consumer, and the best place in the world to be an energy entrepreneur. Working together, we can use the Strategic Innovation Fund to help turn the UK into the ‘Silicon Valley’ of energy.

RTT’s cleantech harvests excess pressure in flows of natural gas to generate zero-emission, off-grid electricity for energy pipelines, energy facilities, and gas distribution networks.

RTT was accepted into Greentown Labs Houston’s first group of cleantech startups in 2020. The startup relocated its headquarters from Asheville, North Carolina, to Greentown Labs Houston last year. Also in 2021, John Jeffers and Tim Moor came aboard as co-founders. Jeffers is RTT’s chief marketing officer, and Moor is its chief technology officer.

According to Crunchbase, RTT raised $1.6 million in seed funding in 2015 and an undisclosed amount of seed funding in 2021.

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Building Houston

 
 

Fluence Analytics has exited to a multinational Japanese engineering and software giant. Image via FluenceAnalytics.com

A Houston company that provides analytics solutions within the chemicals industry has exited to a Japanese company.

Yokogawa acquired Fluence Analytics Inc. in a deal announced today. The terms of the deal were not disclosed and, effective immediately, the company operate as Yokogawa Fluence Analytics. Jay Manouchehri, who joined the company in 2022, will continue to serve as CEO of the entity.

“Combining forces with Yokogawa Electric enables us to capture the full value of our unique data sets, and we can't wait to deliver this added value to our customers," Manouchehri says in a news release. "Together, we will enable autonomous operations and digital transformation in the polymer and biopharma industries."

Founded in 2012 in New Orleans, Fluence Analytics moved to Houston in 2021 following a $7.5 million venture capital raise led by Yokogawa Electric Corp., which has its North American headquarters in Sugar Land.

The company's technology — automatic continuous online monitoring of polymerizations (ACOMP) product — provides real-time analytics solutions to polymer and biopharmaceutical companies worldwide. According to the company, its ACOMP product is the only commercially available system that can measure and analyze multiple polymer properties in real time, which leads to an improved system and less energy consumption and waste.

“Polymers are used in nearly every aspect of modern society in the form of plastics, rubber, paint, and so on," says Kenji Hasegawa, a Yokogawa Electric vice president and head of the Yokogawa Products Headquarters, in the release. "Combining Fluence Analytics' ACOMP system and other technology with our industry know-how will enable us to work with our customers to digitalize and automate polymerization processes that are currently monitored and adjusted manually.

"This will assist customers to improve worker safety, profitability, and environmental performance. We also plan to apply this technology to polymer re-use. We believe this is truly a game-changer for the industry,” he continues.

Fluence Analytics offices in Stafford, just southwest of Houston and has a team of 25 employees. Last fall, Fluence Analytics won in the Hardtech Category of the Houston Innovation Awards.

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