http://www.genwat.com The latest news and updates from Genwat en-us http://www.genwat.com/rss.xml Thu, 24 Nov 2011 07:51:07 +0000 To read Sarah Butler's article (Sunday Times, 13/11/2011), please click here. http://www.genwat.com/news/id/23 http://www.genwat.com/news/id/23 Wed, 10 Nov 2010 07:45:40 +0000 Following on from various press announcements outlining funding for various Energy from Waste (EfW) and green energy projects, Genwat is pleased to report that it has also made tangible progress with a site with the majority of planning in place to build an EfW plant alongside strong indications for its large scale funding requirement.Whilst the matter proceeds and the sites location is obviously confidential, the Directors are pleased with progress in negotiations and expect to announce the outcome full by Christmas.Should the negotiations come to fruition successfully, the site should be adequate to allow the directors to embark upon the flotation of Genwat, which has been discussed at length with the companys advisors and proposed Brokers, all of whom have suggested that the proposition will be adequately compelling provided the market has sufficient appetite and robustness during 2011. http://www.genwat.com/news/id/22 http://www.genwat.com/news/id/22 Tue, 24 Aug 2010 10:29:57 +0000 Genwats directors have recently supported a fundraising round to allow Genwat to blast forward to flotation in 2011.Subject to market conditions, investor appetite, the agreement of and ratification of various contracts, the directors strategy is to press for flotation and raise the requisite funds in 2011 to build Genwats first Energy from Waste plant.Whilst the current fundraising has only been offered to existing shareholders, enquiries are welcome from private or trade investors wishing to support Genwats business model.Genwats directors would also like to thank those investors who have already supported the company. http://www.genwat.com/news/id/21 http://www.genwat.com/news/id/21 Mon, 19 Jul 2010 14:46:36 +0000 A full update is currently being prepared outlining three key areas where the directors have been concentrating their efforts and making progress.Genwats concept is proving to be sound but the time taken to execute various aspects is frustratingly longwinded. However, the directors remain upbeat and thank the investors for their patience whilst Genwat is built over the next 5 to 10 years into an enviable Energy from Waste organisation.A further detailed update will be posted within the next few weeks. Please visit this site again then.Lastly, whilst it has not been helpful that Halliwells, the companys lawyers, has entered into a form of administration, this has had no affect on the company, nor do the directors expect it to. http://www.genwat.com/news/id/20 http://www.genwat.com/news/id/20 Mon, 14 Jun 2010 20:26:18 +0000 Whilst Genwat continues to make headway on a number of fronts, a number of elements remain in the air following the change of government. As clarification is received, further updates will be posted. http://www.genwat.com/news/id/19 http://www.genwat.com/news/id/19 Tue, 12 Jan 2010 10:54:40 +0000 Genwat is today featured in the Financial Times as a potential flotation candidate for 2010.Follow this link - Financial Times http://www.genwat.com/news/id/18 http://www.genwat.com/news/id/18 Sat, 10 Oct 2009 14:33:25 +0000 Mark Mills, Genwat Chairman reacted to the latest report from energy regulator Ofgem by stating that "energy from waste plants have an important role to play in helping the UK meet it's renewable energy targets as well as reducing the amount of waste being sent to landfill. By 2020 the UK for its part must deliver 15% renewable energy up from a baseline level of 1.5% in 2006. Investment in renewables will be particularly important in the power sector: BERRs analysis suggests that at least 30% of electricity generation must be delivered from renewable sources by 2020 in order for the target to be metWe must reduce our use of fossil fuels and Genwat's business plans will help to contribute to a more sustainable and guaranteed energy future ensuring that both domestic and business consumers benefit from affordable energy prices as well as reducing the levels of waste sent to landfill". http://www.genwat.com/news/id/16 http://www.genwat.com/news/id/16 Sun, 16 Aug 2009 19:36:39 +0000 Investors registered on the Genwat website can see an update as at 16th August 2009 posted by Genwat. Genwat suggests that interested parties log in for further news and updates. http://www.genwat.com/news/id/14 http://www.genwat.com/news/id/14 Thu, 30 Jul 2009 16:48:00 +0000 The research found evidence of substantial social consent, both for renewable energy generally and for specific projects, and little evidence to support the continued use of the NIMBY (not in my back yard) concept to explain why some people oppose project proposals. The research concluded that rather than trying to dismiss and undermine legitimate questioning and criticism of particular renewable energy projects, industry and policy makers should instead focus on protecting and nurturing social consent for what is a key part of a low carbon future. No simple formula will achieve this, as each place and context has distinctive characteristics, but the research shows that the importance of factors such as enhancing local benefits; timely and meaningful engagement by developers; trust; and fair planning procedures. Commenting on the research Mark Mills said that "Genwat welcome this report which fully supports our approach of engaging with all community stakeholders in order that all can benefit from the low carbon economy". http://www.genwat.com/news/id/13 http://www.genwat.com/news/id/13 Sat, 25 Jul 2009 15:24:24 +0000 John Healey, UK Planning Minister believes that the new planning system will encourage new renewable energy projects. "We know planning is central to reducing our fossil fuel addiction and building up a new generation of renewable energy infrastructure....Decisions are taking too long under the current system and we need a more efficient and predicable system. That is why we are establishing the Infrastructure Planning Commission (IPC) that will enable us to cut the time taken to make big decisions from up to seven years down to under a year and save the economy 300m a year"Genwat Chairman Mark Mills welcomed the comments stating that " a reduction in the time taken to obtain planning permission is a welcome boost as we look to build and operate waste to electricity plants throughout the UK". http://www.genwat.com/news/id/12 http://www.genwat.com/news/id/12 Fri, 17 Jul 2009 11:31:50 +0000 Chris Hanson, Chief Executive Officer of Genwat believes that the Government plans to unlock 2.5 billion of new investment in Power infrastructure is good news and timely for Genwat's investment plans."The strategy sets out the action the Government is taking to ensure that British businesses and workers are equipped to maximise the economic opportunities and help Britain move towards a low carbon economy. Genwat welcomes this initiative and is committed to action and investment to help deliver renewable energy and reducing the amounts of waste being sent to landfill. We will work with all community stakeholders to deliver solutions that will create sustainable local employment opportunities for all our employees and an exciting future in the Green Economy" http://www.genwat.com/news/id/11 http://www.genwat.com/news/id/11 Thu, 16 Jul 2009 15:40:49 +0000 The Chairman of Genwat Mark Mills welcomed the publication of the UK Low Carbon Transition plan. The Government announced further support to renewable technology by increasing financial incentives for renewables developers through the Renewables Obligation and the forthcoming clean energy cashback initiative. It is also streamlining the planning process, supporting innovation, speeding up grid connection and developing UK supply chains.Mark Mills commented "The publication of the transition plan is good news for Genwat and our plans to build a network of community based micro energy from waste plants in the UK. We welcome the Government's announcement which will support our plans to contribute significantly to a reduction in UK carbon emissions and the amount of waste being sent to landfill" http://www.genwat.com/news/id/10 http://www.genwat.com/news/id/10 Mon, 22 Jun 2009 13:47:31 +0000 Last week, we were delighted to visit the Energos plant in Norway and see for ourselves the potential of Genwat Services Limited.Not only did we come away enthused by the lack of emissions, the unobtrusiveness of the building and the opportunities it has created for local people, but also with a real belief that our business plan is sound and achievable.Genwat aims to have contacted and met with many UK councils by the end of 2009 and at the time of writing, has also received enquiries from abroad which it will consider. http://www.genwat.com/news/id/7 http://www.genwat.com/news/id/7 Sun, 31 May 2009 08:41:05 +0000 The new Genwat website contains detailed information about both the company and its industry. This will serve to help educate and inform visitors and potential investors alike.Visitors may register accounts in order to access the members only area, where further company details and investment information are available.The colour scheme and design of the website reflects the company's green ethic and pledge towards helping build sustainable energy sources.Chairman Mark Mills commented "We're delighted to have the new website up and running, and look forward to keeping it updated with the latest news and information regarding Genwat. It will act as a strong information resource for visitors and investors alike".Be sure to bookmark the website, check back regularly for updates and offer your own comments. http://www.genwat.com/news/id/5 http://www.genwat.com/news/id/5