SSE, Intelligent Energy buddy up on £1m fuel cell JV
Published Thursday, 13th March 2008
Greenbang read with interest that the 90s Lycra-clad nonsense fest that is Gladiators is to be brought back to our screens, fronted by former Arsenal legend Ian Wright and former Sky Sports beauty Kirsty Gallacher. Sounds like an ideal pairing. Not, however, as ideal as the union between Scottish and Southern Energy and Intelligent Energy which have come together for joint venture into fuel cells.
According to the pair, SSE will kick off with a £1 million investment for a 50 percent share in the new company while both Southern Energy and Intelligent Energy “will make phased investments to the business as it reaches a series of mutually agreed milestones”.
The proud parents will be naming their offspring which will be called IE CHP – awwww -
and will will develop fuel cell based combined heat and power systems for the light industrial, commercial and residential markets in the United Kingdom and Ireland.
Here’s more on what they’re up to:
The joint venture will combine Intelligent Energy’s leading fuel cell and hydrogen generation technologies with SSE’s customer base and service operations, and confirms SSE’s commitment to enhancing its portfolio of clean energy alternatives
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