NEWS


Crestchic Proclaimed Best Small­to­Medium Rental Company


Waste-to-energy plant to be built by Eras Eco in County Cork


C


restchic, a world leader in specialised loadbank manufacturing and testing solutions, has scooped an industry award for ‘Best Small to Medium Rental Company’ at the European


Rental Awards held earlier this year in Stockholm, Sweden. Jointly organised by IRN (International Rental News) and the European Rental Association


(ERA), the ceremony has become a spotlight for rental companies reporting sustained growth within their respective markets. When the oil and gas industry took a downturn in 2014/15 Crestchic began to establish and


develop applications in other industries. The buoyant nature of the data centre market, together with developments in the facilities management sector, presented Crestchic with a huge growth opportunity for the rental of loadbanks. The rental division is continuing to put its expansion plans into place during 2016 for further growth. The judges said: “The rental company categories show that today’s rental players are


completely alive to the wider trends in the business environment, with sustainability being given real attention, alongside innovations to help customers and drive more rental activity. “An established manufacturer of loadbanks for 30 years, Crestchic has been remarkably


successful in creating a rental business in Europe and Asia. It grew its rental revenues by 10% in 2015, added new specialist products – capacitive loadbanks – and diversified its business into data centres and facilities management. The company has been both innovative and quick on its feet: a winning combination.” Chris Caldwell, European Rental Director of Crestchic, commented: “After celebrating our


30th anniversary we have heavily invested in our business, with a £1.98 million pound (€2.5 million) revamp of our state-of-the-art rental facility at our global headquarters in Burton- upon-Trent and the creation of a dedicated service and maintenance team in April 2015. It is extremely gratifying seeing all our hard work being recognised by the industry.” Crestchic Loadbanks are primarily used for testing electrical power output on diesel generators, gas turbines and UPS systems whilst carrying out commissioning and maintenance work. The load banks are used for simulating real electrical loads enabling essential setup and commissioning, which ensures that all electrical and control parameters are met prior to power generation/back up equipment being energized on line. The company is based in Burton Upon Trent, UK and has sales and rental offices around the world. Since 1983, Crestchic has remained the world’s largest specialised loadbank manufacturer and load bank rental company. Crestchic's loadbanks can be purchased or rented worldwide.


An Irish waste management company, Eras Eco, is seeking to build a waste-to-energy (WtE) plant in east Cork, southern Ireland, at a cost of €6m The the plan is transform food waste, via natural anaerobic digestion, into enough electricity to power 3,000 homes. The current plans feature a facility to be built at an existing plant at Foxhole Industrial Estate in Youghal, County Cork. Work on the site - which already has full planning permission - will begin before February 2017, creating up to 20 jobs during the construction phase. The waste gas will be converted


into electricity at an onsite combined heat and power plant. Generating energy in the form of electricity and/or heat from the primary treatment of waste is a key form of energy recovery. Most WtE processes produce electricity andor


heat directly through combus- tion, or produce a combustible fuel commodity, such as methane, methanol, ethanol or synthetic fuels. Incineration, the combustion


of organic material such as waste with energy recovery, is the most common WtE implementation in Ireland. All new WtE plants in OECD countries incinerating waste (residual MSW, commercial, industrial or RDF) must meet strict emission standards, including those on nitrogen oxides (NOx), sulphur dioxide (SO2), heavy metals and dioxins. Modern incinerators reduce the volume of the orig- inal waste by 95-96%, depending upon composition and degree of recovery of materials such as metals from the ash for recycling.


Rockfire Capital acquires Swindon Solar Park


Investment management company Rockfire Capital has acquired Swindon Solar Park from WELink Energy in the UK. Financial details of the transaction have not been disclosed. Developed by British Solar Renewables (BSR), the project was


built on land owned by Science Museum Group. The plant is spread across an area of 172 acres and has 231,660 solar panels with a capacity of 60.9MW. Generating around 60GWh of electricity per year, it can power


nearly 15,400 UK households and reduces approximately 35t of CO² emissions every year. The company noted the plant has also secured a 15-year power purchase agreement (PPA) with a UK bank. Rockfire's founder and CEO Liam Kavanagh said: “We are


delighted to have completed the successful purchase of Swindon Solarfarm, which adds to our growing portfolio of renewable energy assets and will support our plans to further expand in both UK and European markets.” “ He comments: “We have long been advocates of renewable energy and offer a range of ways for both institutions and individuals to invest in the sector, which has included the UK’s largest renewables mini-bond which offered 6% returns. "Renewable energy assets not


only offer investors attractive and reliable yields, but are also a way for them to invest in something that has a positive impact on the environment,” he concludes. Described as a a company whose interests are always aligned with those of its co-investors, Rockfire consists of a team of over 30 people, operating throughout Europe with monetary funds under management of over £500m.


AUTUMN 2016 UK POWER NEWS 5


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