UK-based Bowman Power Group have announced securing new funding from leading technology investment company Ombu Group.

Ombu has provided over £4m in equity funding and the investment will support the advanced exhaust energy recovery specialist’s growth in the energy efficiency market and help drive further adoption of its Electric Turbo Compounding (ETC) technology.
Bowman Power Group ETC system
The solution recovers waste energy from the exhaust of reciprocating generator sets (gensets) and converts it to free, grid quality electricity, significantly improving the energy efficiency of the genset without increasing its footprint or maintenance requirements.

This reduces fuel consumption or provides around 10% additional free power, as well as cutting CO2 emissions by an equivalent amount. The Southampton-headquartered company’s technology is proven in the field, with over 600 systems deployed worldwide, which, to date, have accumulated over 12,000,000 running hours, generated over 350GWh of free energy and reduced CO2 by over 120,000 tonnes.  Cornerstone customers include Cummins and Wärtsilä.

Ombu itself is backed with funding from leading UK investors, Invesco Perpetual and Woodford Investment Management.