Leading British renewable energy company Octopus Energy Group recently announced that it will be investing £200 million in Deep Green, a technology start-up located in the UK capital.
The substantial investment has been supplied to help the London-based business scale its new heat reuse technology rapidly, so it can be deployed nationwide.
Before making investments large and small, UK companies and individual consumers often consult an IFA (independent financial advisor) in Shropshire, Cheshire and other counties. IFAs can be counted on for an expert and unbiased opinion on potential assets, and can explain the risks involved in simple language that is easy to understand.
The new business model that Deep Green has pioneered enables heat generated by data centres to be utilised for energy-intensive operations in the UK, like leisure centres. For instance, a public swimming pool located in Devon managed to cut its cost of pool heating by more than 60 per cent after it partnered with the tech innovator.
In return, the technology start-up gets free cooling that gives it a substantial competitive edge over other data centres operating in its sector. This empowers it to provide more affordable, exceptionally energy-efficient computing to enterprises across the country.
Customers of Deep Green need data centre processing for various data intensive uses like Artificial Intelligence (AI), machine learning, cloud applications and video rendering, among others. It has signed partnerships with Alces Flight and Civo, and is already serving its current customer, York University.
