Nuventura, a Berlin-based startup specialising in SF₆-free medium-voltage switchgear, has joined Lucy Electrical following the father or mother firm Lucy Group’s acquisition of all its shares.
The mixed providing will strengthen the place of each corporations in supporting the vitality transition. Nuventura states that, because the EU F-gas regulation bans SF₆ in new medium-voltage switchgear as much as 24 kV beginning in 2026 and plans to increase this restriction to increased voltages by 2030, the demand for confirmed, compliant options is rising throughout Europe and past.
Manjunath Ramesh, managing director and CTO of Nuventura, mentioned, “The switchgear market is present process probably the most elementary expertise shift for many years. Turning into a part of Lucy Electrical marks the following chapter in our development and can allow us to scale up and supply a broader vary of high-quality, environmentally pleasant options to swimsuit a number of business functions throughout the globe.”
Based in 2017, Nuventura specialises within the growth of environmentally-friendly medium voltage (MV) gas-insulated switchgear (GIS), a key {hardware} part discovered all through electrical grids and vitality infrastructure. Its patented expertise replaces Sulphur hexafluoride (SF6), the world’s most potent greenhouse fuel, with dry air, whereas preserving GIS’s conventional strengths, comparable to compact bodily dimensions.
The corporate launched the world’s first 36 kV dry-air Fuel Insulated Switchgear (GIS), adopted by a 24 kV choice. Nuventura asserts this permits utilities and industrial customers to undertake environmentally pleasant expertise with out sacrificing efficiency, footprint, or reliability.
Based on the corporate, its patented dry-air GIS expertise is particularly designed for SF₆-free operation, together with an optimised circuit breaker and three-position disconnector. The system gives the first advantages of standard GIS (compactness, security, and low upkeep) whereas eradicating the environmental affect linked to fluorinated gases.
It really works with each switchgear end-users (utilities, EPCs, business gamers, challenge builders, and many others.) and producers (OEMs, panel builders), aiming to speed up and facilitate the vitality sector’s transition away from SF6. In doing so, Nuventura assists corporations in decreasing their carbon footprint and reaching compliance with upcoming worldwide rules regarding SF6 use in switchgear.
In September 2023, Nuventura announced the completion of a €25 million Sequence A funding led by Mirova, by means of its affect personal fairness Mirova Surroundings Acceleration Capital fund.
Based in 1812, Lucy Group is a worldwide organisation devoted to creating the constructed setting sustainable. It operates by means of three divisions: Lucy Electrical, Lucy Controls, and Lucy Actual Property.
The Group’s electrical enterprise items (Lucy Electrical and Lucy Controls) present switchgear, EV charging tools, road lighting, good metropolis infrastructure, and electrical security options to assist resilient and sustainable networks. Its actual property enterprise unit claims to assist sustainable dwelling by means of accountable property growth and funding.
By becoming a member of Lucy Electrical, Nuventura seeks to entry a powerful world footprint, established buyer relationships, and industrial scale. This might allow faster deployment of its expertise throughout utilities, renewable vitality initiatives, and industrial functions worldwide.
John Griffiths, Lucy Electrical CEO, mentioned, “I’m happy to share that we’ve accomplished the acquisition of Nuventura GmbH in Germany, a extremely progressive enterprise specialising in SF₆-free switchgear for the electrical vitality sector. This permits market entry into the first switchgear area and doing so with expertise that instantly helps the transition to cleaner, lower-carbon energy networks.”
Lucy Group employs greater than 2,000 folks throughout its enterprise items on six continents. It has manufacturing operations within the UK, the Center East, India, Asia-Pacific, and South America, offering prospects with quite a lot of normal and customized merchandise, together with set up and upkeep companies.
