Flue Gas Recovery Sweden secures 1,8 MSEK funding for its Energy Turbo FGR® solution
Flue Gas Recovery Sweden (FGRS), has been granted 1,8 MSEK by the Swedish Energy Agency as part of the program “Verification of new energy innovations”.
The grant will support three pilot systems’ implementation during the year 2017 to perform further verifications and validations of the company’s Energy Turbo FGR®. The Energy Turbo FGR® is a state of the art solution that recovers both sensible and latent heat energy in the gas by the use of heat exchangers and active cooling. The efforts are expected to further increase product efficiency and reduce soot emissions from existing heating systems, with the ultimate goal to further prepare its commercial phase. The first pilot installation will take place in Gothenburg in cooperation with High Tech Solutions Byggvärme in Lidköping, Sweden.
The grant follows a call from the Swedish Energy Agency to support technology and business development that will enable and accelerate the transformation of the energy system. The “Verification of new energy innovations” program focuses on innovations that can help increase the supply of renewable energy or energy efficiency, while demonstrating a clear customer benefits, good business potential and good prospects for reaching a large-scale application. The call targeted small and mid-sized companies (SMEs) in Sweden as well as individual researchers and innovators.