Legal & General Capital (LGC) has invested a further £8 million in heat pump manufacturer the Kensa Group, to allow it to continue to scale up its ground source heat pump development.
British ground source heat pump manufacturer Kensa Heat Pumps has doubled its production over the last 18 months, as demand for the technology continues to grow.
Installation of energy saving measures has continued throughout 2021 as part of the Green Homes Grant, despite the scheme closing to new applications in March.
A collection of energy suppliers have commissioned a report from consultancy Public First to tackle what they described as unfairness in the energy market for customers wanting cleaner heating.
The latest Green Homes Grant statistics to come from the government show that less than a sixth of the initial projected 600,000 homes will receive vouchers.
There have been 5,804 installations of green technology to date under the Green Homes Grant, with 906 of these being low carbon heating.
Legal & General has made another investment into low carbon heat, with LGIM Real Assets providing debt finance to renewables funding scheme HeatRHIght.
A six-month extension for certain Non-Domestic Renewable Heat Incentive (NDRHI) projects is to be granted by the government.
Heat pumps are confirmed to be included in the government’s £2 billion Green Homes Grant as it urges tradespeople to register for MCS accreditation.