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Home / News / Environmental Technologies Fund injects £4.5m in energy efficiency start-up 4energy
Environmental Technologies Fund injects £4.5m in energy efficiency start-up 4energy
10.05.2011  
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http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/energy-efficiency/environmental-technologies-fund-injects-4-5m-in-energy-efficiency-start-up-4energy.html

Environmental Technologies Fund (ETF) has invested £4.5m into 4energy, a UK-based start-up specialising in reducing the energy usage of data centres and telecommunications.

Global internet and search engine giants have jumped on the energy efficiency and clean energy bandwagon in the last few years in an attempt to find greener ways of using enormous levels of power.
A recent report by environmental group Greenpeace called How Dirty is Your Data? highlighted that although a lot of these large power consumers are making moves to green the energy they use, many IT companies are failing to do this sufficiently.
ETF said in a statement that the beneficiary of its latest investment, 4energy, will use the financing to support its rapid international expansion. The six year-old company’s existing investors include Carbon Trust Investments and Catapult Growth Fund.
It offers a range of room cooling products and services alternative to the conventional methods of dealing with the negative consequences of heat. The company’s suite of products is estimated to achieve a 50 per cent reduction in energy usage.
Patrick Tindale, CEO of 4energy, said, ‘Cooling of electronic equipment requires a significant amount of energy. For instance, cooling of base stations using air conditioning represents around 30 per cent of the total energy costs of wireless operators.
‘Our systems move heat in an entirely new way and are proven to reduce the energy used in applications ranging from simple cabinets, single rooms, all the way up to server farms and data centres.’


 
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