Saturday, May 4, 2024

Energy storage innovator doubles presence and increases workforce at Silverstone Park

PUNCH Flybrid, a leader in flywheel energy storage innovation, has more than doubled its property footprint at Silverstone Park in order to increase production of its energy storage systems.

The business has recently fitted out 5,700 sq ft of workshop and office space to respond to demand in its PUNCH Power 200 product.

This adds to the 4,600 sq ft premises which already act as its HQ at Silverstone Park.

Used with cranes, hoists and pumps, PUNCH Flybrid’s systems can reduce fuel consumption by 50-60% for construction site operators. The technology is also helping to make significant gains in other high-duty applications, such as wind turbines and mining.

PUNCH Flybrid MD Tobias Knichel explained: “The new premises will give us the space required for full assembly of these systems and end of line testing. It has also meant we’ve needed to recruit more technicians so we have expanded from 15 people to around 25.”

He added: “The big demand for our PUNCH Power 200 at the moment is from the construction industry – this industry is increasing its focus on being more sustainable and many businesses are employing heads of sustainability with a strong agenda to de-carbonise and lower emissions.

“Red diesel is no longer permitted, meaning they’ve had to change to white diesel which is suddenly a lot more expensive.

“Our technologies being developed and manufactured at Silverstone Park will help construction site contractors reduce their operating costs significantly.”

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