About Renew at CPI
Company Details
Renew at CPI
Centre for Process Innovation,
Wilton Centre,
Wilton,
Redcar
TS10 4RF
Tel: 01642 455340
Fax: 01642 455298
Email: enquiries@renewteesvalley.co.uk
Aim
To promote the Tees Valley as a centre for renewable energy and waste management technologies, leading to new economic activity. This will come through inward investment, the creation of new businesses, and helping existing local businesses to develop/diversify into new markets in renewable energy and recycling.
One of the keys for Renew Tees Valley is to make it easy for companies that are interested in renewable energy or recycling to develop their businesses here. Another is to ensure that across the Tees Valley we have an integrated approach to sustainable development and waste management.
Renew Tees Valley Ltd
Renew Tees Valley Ltd is a company limited by guarantee, with initial funding for the first two years provided through the Tees Valley Partnership on behalf of the Regional Development Agency (ONE NorthEast). It operates across the five borough councils that make up the Tees Valley. The company aims to use this funding to leverage additional funds.
Approach
Renew’s approach is characterised by action. We provide the vital link in the chain that takes renewable energy and recycling technologies from development to the marketplace. We talk to companies who are interested in renewable energy and recycling. We work with SMEs in Tees Valley who have got new and varied ideas in the fields of renewable energy and recycling. The idea is to help them expand and diversify their businesses into these new areas in which annualised growth rates of around 10% are predicted.
Renew is assembling a high-powered team characterised by commercial realism and a wide range of industrial contacts, who are skilled and experienced in developing creative and pragmatic solutions to the problems of bringing lab-scale developments to the market. We work with a range of partners, from industrialists seeking scale-up help to universities looking for assistance to spin out technology.
Links
Renew Tees Valley has, through its board of directors, links into the newly-established centres of excellence for new and renewable energy and for process innovation (NaREC and CPI), The Welding Institute (who are developing new approaches to fabrication and maintenance for renewables), The Northern Energy Initiative (TNEI), the Environmental Industries Federation (EIF), and Tees Valley Regeneration - the area’s key generator of physical development and inward investment. These links allow us to home in on the most likely areas for rapid economic regeneration, working effectively with others across the region.
