- Government-hosted World Investment Summit to showcase the best of UK innovation and green technology
- Twelve companies from across the country will showcase electric vehicles, hydrogen, offshore wind technologies and more
- Summit aims to generate billions of investments in all regions of the country
Twelve of the UK’s leading green innovators will showcase their technology to some of the world’s most prominent investors at the Global Investment Summit on October 19.
Hosted by the Prime Minister and supported by members of the Royal Family, the summit will demonstrate Britain’s commitment to the Green Industrial Revolution in the UK and abroad ahead of COP26, and promote of the United Kingdom as the destination of choice for foreign investment.
Around 200 investors attending the summit will see the latest cutting-edge innovation that helps implement key areas of the Prime Minister’s Ten Point Plan, helping to solidify the UK’s position as a science superpower and the world’s number one center for green technologies. The country’s pioneering work in this space will be vital in helping to reduce emissions and limit the rise in global temperatures.
The showcase will showcase major advances in renewable energy such as tidal turbine technology pioneered by Orbital Marine Power, as well as advancements in green technologies such as the first zero-emission double-decker hydrogen bus, manufactured by Wrightbus.
Names known like Rolls-Royce will be on hand to showcase models like its all-electric airplane and small modular reactor, alongside start-ups like Automated Architecture, which will showcase its robot-assembled automated sustainable building systems for the housing, who could see housing delivered faster by locating housing production through automation.
Investment Minister Gerry Grimstone said:
Our World Investment Summit will put British innovation on the map and show how we can use investment to foster technological developments and propel our economy into a more prosperous and exciting future.
These companies show why the UK is a global hub for green technologies – from major advancements in tidal turbines and fusion power, to the development of electric vehicles and zero-emission aircraft.
These industries of the future will not only help ensure a cleaner and greener planet, but also create high value-added jobs across the UK.
Rolls-Royce CEO Warren East said:
The transition to net zero is a societal imperative and one of the greatest business opportunities of our time. We are proud to play our part in the Global Investment Summit alongside the UK government, demonstrating the positive transformative power of industrial technology.
Orbital CEO Andrew Scott said:
We are delighted to benefit from this incredible platform to showcase the innovative technology we have pioneered here in the UK and to share our vision of how tidal energy can play a role in reversing climate change. .
The ten point plan will mobilize Â£ 12 billion in public investment to create and support up to 250,000 highly skilled green jobs in the UK – and unlock three times as much private sector investment by 2030.
Over the past decade, foreign direct investment has created more than 700,000 jobs nationwide, and since April 2019 projects supported by the Department of International Trade have contributed more than Â£ 7 billion to the country. economy.
Foreign investment is also helping to bring the UK up to speed by making businesses more profitable, meaning they can reinvest in local economies and stronger supply chains, and more sustainable communities for the future. .
Notes to Editors
The following companies will present their products during services at the Global Investment Summit:
Orbital marine power
Orbital Marine Power is developing floating tidal turbines and will present a model of its 2MW O2 tidal turbine, the most powerful tidal turbine in the world, capable of generating enough clean electricity for around 2,000 UK homes and offsetting 2,200 tonnes of CO2 production . per year.
Hydro Industries is a clean tech company that harnesses technology to clean industrial wastewater, protect the environment, and provide clean water to some of the world’s most disadvantaged populations. He will present the EC 100 – a modular and compact water purification system based on Hydro’s patented electrocoagulation (EC) technology, used for both drinking water production and environmental protection. used waters.
Location: All of UK
The Department of Business, Energy and Industrial Strategy, through the Hy4Heat program, is developing and delivering a demonstration area at the Summit with Worcester Bosch and Baxi as key partners. The stand will showcase real devices that have been developed by Worcester Bosch, Baxi and other UK based manufacturers.
Tokamak Energy is a pioneer in commercial fusion energy that is clean, economical and globally deployable using two world-renowned core technologies, the compact spherical tokamak and high temperature superconducting magnets (HTS). Tokamak Energy will present three high temperature superconducting magnets, including one tested at CERN, and 3D printed models of current and future devices. It will display visuals of its latest record fusion prototype, including hot plasma video clips.
Fusion of the first light
This spin-out from the University of Oxford studies new approaches to fusion energy, and will exhibit its small demonstrator electromagnetic launcher on which it can represent its techniques.
Location: Oxfordshire and London
Arrival is creating commercial electric vehicles at competitive prices compared to fossil fuel vehicles to accelerate the global transition to electric vehicles. Their product portfolio consists of the Van (10,000 ordered by UPS), the Bus (trials begin with First Bus in the first quarter of 2022 in the UK) and the Car (for carpooling, being designed in collaboration with Uber). Guests can use their smartphones to display a virtual van on their screens and drop it off in the room space.
Aurrigo – RDM Group
Aurrigo is a leading authority on autonomous transport, having designed, developed and built a number of driverless vehicles which are currently being tested in âliveâ traffic. The Coventry-based company will showcase its 4-seater Auto-Pod – an ideal transport solution for city centers on the first and last mile, and its Auto-Dolly, a new autonomous baggage and freight system adopted by airports of the whole world. world.
Location: Northern Ireland
Wrightbus developed the world’s first zero-emission double-decker hydrogen bus, the fastest-charging EV double-decker bus on the market. Using an augmented reality display, Wrightbus will show the inner workings of the world’s first double-decker hydrogen bus as well as a monitor showing where Wrightbus hydroliners operate and the carbon savings of the ride (compared to a diesel bus of the same model ).
Vertical Aerospace designs and manufactures electrically powered vertical take-off and landing (eVTOL) aircraft. They will showcase a 3m x 3m scale model of their zero-emission eVTOL aircraft, the VA-X4.
Rolls-Royce will showcase its small modular reactor model to deliver low carbon power and its 2m x 2m model of the Spirit of Innovation aircraft that speeds up the electrification of flight, as well as 360 images degrees of the aircraft in flight – giving the sensation of flying with the pilot.
Automated Architecture (AUAR)
Location: Bristol and London
Automated Architecture Ltd (AUAR) is a start-up that builds affordable homes using sustainable wood materials, robotic manufacturing and architectural automation. He will present his wooden building blocks assembled automatically by a robot (provided by automation specialist ABB, Switzerland).
Location: North Power Station
Drax is a UK-based renewable energy company that has grown from Western Europe’s largest coal-fired power plant to the continent’s largest decarbonization project. They will present innovative bioenergy with carbon capture and storage technology (BECCS).