Intelligent Power Generation secures £2 million Series A investment

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IPG secures strategic investment to continue  commercialisation of renewable-fuelled turbine 

Intelligent Power Generation, a British climate-tech company,  announces a £2 million first close of their latest funding round. The new  capital will support continued development of their turbine technology  designed to accelerate the decarbonisation of fuel-based power. 

Intelligent Power Generation (IPG) has secured £2 million towards their Series A funding  round led by a consortium of experienced angel investors, with a further £1-2.5 million to be  raised before final close. The new funds will be used to continue product development and  deliver units for technical demonstration with a world-leading commercial partner.  

“We are excited to announce this latest investment, as we strive to bring to market a power  generation technology that can de-risk the switch to renewable fuels, and help accelerate  our green energy transition,” said Toby Gill, CEO of IPG. “Our investors recognise the  potential of our technology in supporting our mission to reinvent fuel-based power for the  renewable future and end our reliance on the diesel generator.” 

“The financial support announced today, which includes continued support from our early  investor, comes at a great time for IPG as we come into the final weeks of our pilot project  with Highways England. This new funding will continue product development of our  Flameless Ceramic Turbine and better position us for undertaking a series of commercial  trials.”  

IPG’s innovation in fuel-flexible flameless combustion represents a significant step in  addressing the challenges of decarbonising the distributed fuel-based power sector. Their  flagship product, the Flameless Ceramic Turbine, is designed to deliver pollutant-free power  from any fuel, enabling businesses to transition from natural gas sources to alternative fuels  such as hydrogen and biogas. As a 100kW modular generator, operating with efficiencies  comparable to centralised power plants, IPG’s technology reduces the environmental impact  of fuel-based power, all at a cost competitive with the diesel generator.  

“The need to take immediate action to end our reliance on fossil fuels is undeniable, but the  route to doing so is yet to be defined. There is tremendous untapped potential in leveraging  technological innovation to unlock the transition to hydrogen and biofuels,” said Ian  Marchant, non-Executive Director of Aggreko, Chairman of Thames Water plc. and  Advisory Board member of IPG.  

“With breakthroughs in flameless combustion and ceramics, IPG’s technology will play a  leading role in allowing the use of clean fuels, at high efficiencies, in a wide variety of uses.  After working with IPG for several years, I am pleased to support their latest funding round,  as they continue commercialisation of this truly disruptive technology.” 

To learn more about IPG’s Flameless Ceramic Turbine, join this latest funding round, or find  out how to get involved in their future commercial trials, visit www.inpowergen.com.  

– Ends –

Intelligent Power Generation (IPG) 

Intelligent Power Generation (IPG) is reinventing fuel-based power for the renewable future to enable  industries and businesses to end their reliance on diesel today.  

They are the developers of the Flameless Ceramic Turbine, a 100kW modular generator designed to  accelerate the decarbonisation of fuel-based power by de-risking the switch to renewable fuels.  

Through innovation in flameless combustion technology and high-temperature ceramic, the Flameless  Ceramic Turbine delivers pollutant-free power from any renewable fuel, with a levelized cost of energy  comparable to a diesel generator.  

IPG is the first company to commercialise fuel-flexible flameless combustion in small-scale power  generation. They are working with leading universities, government agencies and pioneering  companies to bring distributed fuel-based power in line with our climate ambitions.  

www.inpowergen.com 

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Safiya Marzook

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