UK: Sunswap, the London-based company offering a fully electric, zero-emission alternative to diesel-powered transport refrigeration units, has received £3m investment from the UK’s Clean Growth Fund and Barclays.
The investment will enable Sunswap to accelerate commercialisation of its next generation, zero-emission Endurance TRU, which combines solar panels on the trailer roof), battery storage technology and low environmental impact refrigerants with cloud-based remote monitoring.
In addition to its ability to reduce global warming impact by 79-93%, Sunswap’s TRU is said to achieve total cost of ownership savings of 20-50% compared to diesel.
The technology is already being trialled by DFDS, the global logistics company, to deliver frozen goods across the UK, and, according to Sunswap, is soon to start trials with other major European logistics companies.
Sunswap’s Endurance clean refrigeration platform analyses each client’s refrigeration needs, delivery schedules and routes. This ensures that the Endurance TRU can deliver the most efficient and environmentally friendly refrigeration solution, helping cold chain operators accelerate achievement of their decarbonisation strategies and save money. As well as being a zero-emission replacement, the Sunswap unit is ultra-quiet, allowing operators to avoid both urban tariffs and night-time delivery restrictions.
Stephen Price, investment director at the Clean Growth Fund said: “Sunswap’s technology provides a compelling and cost-effective clean solution and given the scale of the market opportunity, the environmental benefits of their refrigeration units are significant.”
DFDS to deploy zero-emission refrigerated trailer – 11 October 2021
UK: Global shipping and logistics company DFDS is the first client for the zero-emission transport refrigeration system developed by London-based start-up company Sunswap. Read more…