Lanarkshire based IT and technology specialist, NVT Group, has announced a strategic partnership with green technology innovator Own Energy Solutions which will create 25 new jobs in the next twelve months, rising to around 300 within three years.
Own Energy has developed a small wind turbine and inverter system to harvest wind energy using lampposts as hosts. The raw energy produced by the turbine is conditioned via a bespoke inverter, resulting in metered clean energy being fed directly into the National Grid. As a result, each suitable lamppost conversion will save half a ton of carbon being released into the atmosphere.
As part of the deal, which has a value to NVT Group of £3.5m over the next fifteen years, Own Energy will relocate from Glasgow to NVT’s Bellshill HQ, where its outsourced Managed Services team will provide a fully integrated technology platform and back office services, as well as connectivity solutions for the green innovator.
Stephen Park Brown, Managing Director of NVT Group, said, “We have a great record of working with winning teams and this new venture has every prospect of eclipsing our recent commissions. We believe that Own Energy can become a significant player in the renewables market both in the UK and beyond.”
Serial Scottish entrepreneur David Gordon, Chief Executive of Own Energy, said, “We chose to partner with NVT Group based on its extraordinary performance in recent years, particularly in the delivery of the technology for world-class sporting events such as the Commonwealth Games in Glasgow – which of course was widely regarded as the most successful in history – and The Ryder Cup.
“Our business is likely to scale up quickly and we know that NVT Group will be able to accommodate such growth based on its past experience. There are around ten million lampposts in the UK and upwards of 20 percent of these are suitable for conversion which makes this a very scalable business opportunity with huge export potential.
“We have already had positive preliminary discussions with UK public and private bodies and have had indications of interest from the USA, Canada, Mexico, Ireland and South Africa. We believe this business has the potential to achieve an annual UK turnover of over £400m within five years.”
Local SNP MSP, Richard Lyle said: “This is marvellous news and I know from colleagues across the political divide that this project is really firing the imagination. It chimes with the policies of the major political parties in Scotland and can deliver both clean green energy as well as meaningful financial benefits for hosts such as local government and private owners alike. Bringing jobs to Bellshill is also to be welcomed. I wish both NVT and Own Energy well in this exciting new energy project.”
North Lanarkshire Council leader, Jim Logue, echoed the views of his political opponent: “I very much welcome this news. New jobs, technology and innovation are a healthy mix of ingredients which will, we hope, pay dividends for North Lanarkshire and beyond.”
The common approach for Risk Assessment (RA) is to focus on the higher risk practices and input rules to develop a ‘Suitable and Sufficient’ RA.
The course arrives on your desk top, tablet or smart phone via email and will allow you to study at a pace that suits you, your work environment and commitments.
Today’s blog deals with the idea of music in the community AS the community. Music itself is a communal activity. Great musicians(and not so great) come together as a single...
There are reasonable questions being posed about the uncertain future of H&S regulation after BREXIT; As with every other subject related to BREXIT, the only honest answer at this stage can be “Not sure”. But before jumping to conclusions, there are many facts and historical values relative to H&S in the UK worth considering first.
Subscribe to our email newsletter & receive updates right in your inbox.
Royal Bank of Scotland are teaming up with well known Business Coaches...
The multi-talented and irrepressible Brian Conley returns to the stage in this all-new show.
Jimmy is gathering a selection of his very best jokes along with brand new material for the ultimate comedy show.
The Saxophone has been Deke McGee's living for most of his life.
Now in its 7th record-breaking year, An Evening of Dirty Dancing...
A favourite with audiences across Scotland this gem of an evening, packed full of energy, versatility and fun...
East Kilbride Village Theatre
Friday 10 and Saturday 11 March 2017 - 8.00pm
Founded in Glasgow in 2015, The Marketing Department is your marketing team if you have no need for full time marketing staff.
We don't work for you, we work with you. It is our mission to empower individuals and businesses to overcome their legal difficulties with our help.
Situated on the edge of Glasgow city centre and a stone’s throw away from the heart of the west end...
Victoria Gerrard is a dog behaviour specialist offering behavioural consultations and one-on-one training in your own home.
Buzzin gives individuals, social enterprises and Businesses a powerful “online voice” within their local communities. Buzzin South Lanarkshire is a Community Portal that is exclusively focused on South Lanarkshire Businesses and Entertainment Communities. We provide information on upcoming Events in the South Lanarkshire area, local news from the City or County, Blogs focusing on Food and Restaurants as well as Local Sports News. For advertising inquiries or if you want to contribute to this web portal, click here.