Black Mountain signs licensing deal with Erda Energy

29 November 2018 (Last Updated November 29th, 2018 12:03)

UK-based company Erda Energy and Black Mountain have signed a licensing deal to provide zero-carbon heating and cooling solutions for corporate clients in the country.

UK-based company Erda Energy and Black Mountain have signed a licensing deal to provide zero-carbon heating and cooling solutions for corporate clients in the country.

As part of the deal, Black Mountain has gained the licence for Erda Energy’s geo-exchange technology, which is a patented coaxial inclined borehole solution that captures the waste energy created in heating and cooling processes and stores it for use later.

The partnership will aim to enable businesses to save energy and reduce carbon impact.

Erda Energy noted that a four-year deployment of its technology at a UK food retailer has led to 28,000t of carbon emission reduction and savings of more than 160GWh of energy usage across its 25 stores.

Erda Energy managing director Kevin Stickney said: “The UK is waking up to the opportunities for decarbonising heat, and as policy catches up, businesses will increasingly look for the most cutting-edge solutions to decarbonise energy.

“We saw what the technology had done for existing customers and could immediately see the huge opportunities for us take it to new markets.”

“Geo-exchange not only fits this bill but could also stimulate skilled jobs through growth in the British supply chain.

“We are delighted to be partnering with Black Mountain on this technology licence, and look forward to witnessing the substantial reductions their team can make for energy and carbon-conscious businesses.”

Under the deal, Black Mountain will focus on the expansion of geo-exchange technology in corporate markets across the UK.

Black Mountain managing director Roger Woods said: “We’re on a mission to help customers achieve their zero carbon energy goals.

“When we looked at the options on the market to complement our zero carbon electricity solutions, Erda Energy’s geo-exchange technology stood out as the way to deliver zero carbon heating and cooling. We saw what the technology had done for existing customers and could immediately see the huge opportunities for us take it to new markets.

“This licensing deal allows us to bring two core offerings together, and provide a whole site solution for transforming energy and carbon performance.”