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CUI Global Subsidiary Orbital UK Secures Contract for Large Scale Biomethane-to-Grid Skids from Major Natural Gas Network Operator
Biomethane is a renewable gas produced from biodegradable matter such as food waste, sewage or energy crops. When injection into the gas grid, biomethane provides a sustainable, flexible and economic solution that, according to experts, could significantly contribute the UK's heat demand by 2050. Through the RHI scheme, a renewable premium for biomethane injected into the grid, the UK government has helped to create a new renewable market driving down costs through competition and the establishment of UK supply chains.
CUI Global President & CEO William Clough stated, "Regulatory, statutory and CAPEX environments in the UK and broadly across Europe are driving towards an acceleration in the pace of adoption of renewable energy sources, such as biomethane. This contract and others we are pursuing serve to position Orbital as a key partner to the UK and Europe's largest natural gas operators in their efforts to provide more and better energy sources to their customers, while reducing carbon emissions and providing environmentally sensitive energy solutions."
CUI Global, Inc. is a publicly traded company dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. From Orbital Gas Systems' advanced GasPT® platform targeting the energy sector, to CUI Inc.'s advanced power platform serving the networking and telecom space, CUI Global and its subsidiaries have built a diversified portfolio of industry leading technologies that touch many markets. As a publicly traded company, shareholders are able to participate in the opportunities, revenues, and profits generated by the products, technologies, and market channels of CUI Global and its subsidiaries. But most importantly, a commitment to conduct business with a high level of integrity, respect, and philanthropic dedication allows the organization to make a difference in the lives of their customers, employees, investors and global community.
For more information please visit: www.cuiglobal.com
Orbital Gas Systems, (Orbital) has offices located in the United Kingdom and Houston , Texas. For over 30 years, Orbital has developed its portfolio of products, services and resources to offer a diverse range of personalized gas engineering solutions to the gas utilities, power generation, emissions, manufacturing and automotive industries. Orbital's internationally recognized expertise in the natural gas industry, including bringing together the patented VE Technology® with the ground-breaking GasPT device, offers natural gas operators and users a comprehensive engineering array for the next generation of energy metering systems. Orbital is a wholly owned subsidiary of CUI Global, Inc.
For more information, please visit: www.orbitalgas.com
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