RWE Innogy Invests in Scandinavian Biomass Companies

As part of its venture capital activities, RWE Innogy says it is acquiring a minority share in Stirling DK ApS, a Danish manufacturer of distributed cogeneration systems which – based on Stirling engine technology – can for the first time, the company says, be fueled by solid low value biomass for energy generation.

Stirling DK has developed a distributed CHP system based on a Stirling engine with an output of 35 kWe, supplied with heat from an external combustion chamber.

Furthermore, the company is investing in the Swedish technology firm Mantex AB, which has developed an automated, continuous method to determine biomass moisture concentration. The measuring equipment permits fast, precise and continuous measurement of the moisture and ash concentration of biomass.

As a result of these two new investments, RWE Innogy says its venture capital portfolio has grown to a total of six companies with an investment volume of over €35 million.

“With our commitment, we intend to take promising technologies enabling carbon-neutral energy generation to the production stage so as to make them fit for commercial deployment,” explained Crispin Leick, head of RWE Innogy’s Venture Division.

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