Fault Current Limited (FCL), an energy startup commercialising technology developed at Cardiff University, has secured a £635k ($988k) from the UK’s Department of Energy and Climate Change (DECC).

The new funding will be used by FCL to further develop its “next generation” fault current limiter for sale to network operators and renewable energy generators. Fault current limiters are already in use across power grids, and are installed at the substation level to product the grid by absorbing the destructive nature…

Subscribe to go deeper

GCV subscribers get access to all our proprietary data and deep-dive articles, as well as the global directory of CVC investors.

Not sure if you have a subscription?