Month: February 2024

GreenMine > Blog Full > 2024 > February

GreenMine Attracts Institutional Interest

February 22, 2024 Aleem Aftab 0

GreenMine has secured Institutional interest that could fully fund the company and all its ambitions. Below are the revisited the developments of GreenMine, its team and objectives: Co-development of two types of technology, which deal with unsorted waste - emissions free. Creation of offtake products that can be used to generate electricity on site, meaning 2-3 MW of BASELOAD electricity into the grid, potentially at hundreds of locations across the country.a) With the demands for electricity increasing due to heat pumps, electric cars, the difficulties in bringing offshore wind energy onshore and getting it round the grid, this is a perfect opportunity to [...]

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GreenMine secures advance assurance for Enterprise Investment Scheme

February 14, 2024 Jane Maher 0

We’re pleased to report that GreenMine has been awarded advanced assurance for the Enterprise Investment Scheme (EIS). This assurance confirms that HMRC agrees that an investment in GreenMine would meet the conditions of a venture capital scheme and that the company can issue certificates to investors to claim tax relief. All businesses applying for the EIS must submit extensive data for HMRC’s due diligence process, including the business plan and financial forecasts, how investments will be used, details of all trading, activities and expenditures, and the investor proposal. What is the EIS? The EIS was launched in 1994 by the UK government as [...]

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GIS software for landfill

GreenMine zones in on landfill crisis

February 12, 2024 Jane Maher 0

We have kicked off work with our specialist GIS software to identify suitable landfill sites specifically for landfill mining remedial operations. We're on a mission to clean up the environment by providing a ground-breaking solution for pollution emitting from problematic sites. We aim to remove the reliance on landfill sites and create the opportunity for sustainable urban living that aesthetically blends with local landscapes. Furthermore, our technology is capable of both generating energy and sequestration of carbon. What is GIS? A GIS (geographic information system) software program is designed to provide the ability to create, store, manage, query, analyse and visualise geographic data [...]

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GreenMine begins its run of the entrepreneurial gauntlet to Institutional Investment

February 3, 2024 Aleem Aftab 0

As a quick brief, GreenMine has co-developed technology that can process UNSORTED waste on an emission free basis. GreenMine will now start small waste projects around the UK in phase 1 of their ambitious plans. In phase 2, GreenMine will increase the size of the Waste Processing Units and start processing, remediating, and cleaning 50 Hectare + landfill sites ready for redevelopment of housing. Where possible GreenMine will encourage Eco-Housing, which is more attractive to consumers and can command a higher price from developers for the land. GreenMine – solving waste and housing Here is the GreenMine update: We have identified several industrial waste [...]

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waste carbonisation plant

GreenMine secures first waste carbonisation site in Wales

February 2, 2024 Jane Maher 0

We have secured our first operational site – an industrial location in North Wales. We will take control of the two-acre industrial site from the start of March and have already commenced planning and environmental permitting applications that are anticipated to conclude by the end of 2024. The site has a 20-year lease, with a 20-year feedstock contract and an offtake contract to the National Grid. John Bell, Managing Director at GreenMine said: “This is a really significant milestone for us in commercialising this near-to-zero emissions solution to landfill for the UK. “Our mission goes way beyond the usual benefits of a waste recycling [...]

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