Siemens Financial Services UK will provide the financial backing and manage the provision of funding, whilst Carbon Trust Implementation Services Limited – a subsidiary of the Carbon Trust – will assess the energy efficiency of the proposed project.
Lighting businesses can now apply for green finance from the Carbon Trust and Siemens. Worth up to £550 million over the next three years, the dedicated low carbon scheme is the first of its kind and will enable UK businesses to invest in energy efficiency equipment including lamps, luminaires and controls.
The MERLIN project (Mesopically Enhanced Road Lighting: Improving Night-vision) was recently awarded £1.2 million funding from the Engineering and Physical Sciences Research Council (EPSRC) for a four year project starting in 2011 to investigate road lighting for pedestrians.
A management team has purchased emergency lighting manufacturer Channel Safety Systems for an undisclosed sum.