Welcome to the weekly roundup of Powerstar news, keeping you updated with the latest activities, news, and events.
1) Savings in Cyprus
Powerstar recently published a case study showcasing the results of two Powerstar LITE voltage optimisation solutions installed in the Cyprus based retailer, Foodsaver.
Following the successful installation of these two solutions, Foodsaver ordered an further six Lite solutions for its remaining stores, with the project being overseen by Powerstar’s approved distributor for the region, Powerstar Cyprus.
To celebrate this, Powerstar has created a case study video which displays the results of the original two solutions and the anticipated savings from the remaining six installations.
2) The private sector is the key to the energy transition
With a recent publication from the Environmental Audit Committee (EAC) revealing an alarming decline in public sector funding for clean energy investment, it appears that smart private sector investment is set to become vital to the success of the energy transition.
Powerstar has summarised the EAC report which highlights factors such as the privatisation of the Green Investment Bank and the uncertain status of the UK’s relationship with the European Investment Bank post-Brexit as potential reasons for the decline in clean energy investment.
3) No new gas needed to replace coal
A report last week from the World Wide Fund for Nature (WWF) concluded that the UK has no need to build new large gas-fired power stations to replace coal plants that are set to be phased out by 2025.
Instead, the gap can be filled by renewables, battery storage and flexible technologies, which would accelerate the clean energy transition of the UK.