World News

Industry news and insights from Europe and around the World

UK News

Latest news and developments in the United Kingdom

Products

Keep up-to-date with the latest new products and technology

Features

General articles, applications and industry analysis

Frigesco returns to CleanEquity

30989851_sUK: British company Frigesco has been invited back to CleanEquity in Monaco to present the latest developments with its new flash defrost technology.

The annual CleanEquity gathering brings together innovators, policy makers and investors from across the world to discuss the most promising new clean technologies.

The event, which takes place on 5-6 March, is being hosted by London-based investment bank Innovator Capital and attracts a number of high profile supporters and sponsors including Cranfield University and Prince Albert II of Monaco’s Foundation.

Frigesco’s system works by harnessing waste heat from refrigeration systems to carry out very low energy defrosts. Said to be capable of reducing supermarket refrigeration energy costs by up to 20%, the technology has won a string of awards and is currently undergoing field trials in supermarkets in the UK, South Africa and the USA.

CleanEquity Monaco’s expert panel has identified Frigesco as one of the world’s most innovative clean-tech companies, and selected it to present its technology to senior financial and strategic clean-tech investors, policy makers, legislators and end users users.

David Walter, managing director of Frigesco, said: “It is another important step in our journey to develop and communicate the benefits of flash defrost. The results from the first field trials are now beginning to come back and, as anticipated, prove the outstanding efficiency of the system.

“We are now talking to some of the world’s largest retailers and manufacturers about the next steps in implementing flash defrost. After four years of research and development and proving trials, we believe 2015 will be an important year for us and provide the springboard for commercial take off.”

Related news:

Energy saving defrost on cleantech stage – March 23, 2014
UK: A new technology which could save £1.6bn on supermarket refrigeration energy costs is to be presented to cleantech investors in Monaco this week.  Read more…

Low energy fridge defrost brings rewardsJune 30, 2014
A new flash defrost technology, which promises to dramatically reduce the running costs of retail refrigeration equipment, is currently being trialled in stores across the UK by several leading supermarket chains. Read more…

Frigesco to apply flash defrost to heat pumpsDecember 4, 2014
UK: Frigesco is to use its recently acquired government funding to test its flash defrost technology on heat pumps. Read more…

Latest News

20th April 2024

Haier adds Finnish distributor Kataikko

FINLAND: Haier HVAC Europe has appointed Kataikko Oy, a prominent Finnish distributor of heat pumps, to its growing network of partners across Europe.
20th April 2024

Carrier invests in data centre liquid cooling

USA: Carrier Ventures, the investment arm of Carrier Global Corporation, has entered into a partnership with US thermal engineering company Strategic Thermal Labs (STL) to advance data centre liquid cooling.
19th April 2024

Skelton honoured at ACR News Awards

UK: Marks & Spencer's technical manager John Skelton won this year’s Alan Moor Award for contributions to the industry at last night’s ACR News Awards in London.
19th April 2024

Carrier efficiency boost for CO2 racks

GERMANY: Carrier Commercial Refrigeration’s new CO2 efficiency booster skid is said to offer an energy efficient upgrade for refrigeration racks.
19th April 2024

Midea to acquire Arbonia HVAC businesses

SWITZERLAND: Midea has agreed the €760m purchase of Swiss group Arbonia’s Climate Division, which includes HVAC businesses Sabiana, Termovent and Tecna.
19th April 2024

Castel acquires majority stake in Dieci Electric

ITALY: Refrigeration and air conditioning components supplier Castel has announced the acquisition of a majority stake in Dieci Electric, a manufacturer of industrial RAC system electrical panels.