Frigesco returns to CleanEquity

UK: 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…