Sharc Energy Systems reaches funding goal

The innovative district heating scheme at the Clyde Gateway regeneration project in Glasgow has reached a crucial landmark with £3.7 million funding now in place (May 31st).Construction is expected to begin “in a few weeks”, according to Sharc Energy Systems, the Midlands-based green energy firm who will use its revolutionary waste water heat recovery technology to generate the heating and cooling services for the site’s future occupiers.Sharc’s system will provide an initial 2MW of capacity, with room to expand further as the development grows. The company itself has opened a Scottish office at the Gateway’s Red Tree Bridgeton complex.First Minister Nicola Sturgeon visited the Clyde Gateway last week and announced £5.5m of funding for the overall project that is helping to regenerate the east end of Glasgow and parts of South Lanarkshire.Sharc’s technology is vital to the green energy policies of the Gateway. It extracts the natural warmth contained within waste water and transfers the heat to the clean side of the heating system via a heat exchange mechanism.The recovered heat is then amplified via heat pumps to generate the appropriate temperatures for use in all types of buildings.