Octopus Energy to invest £200m in waste heat innovator Deep Green

Michael Holder
clock • 2 min read
Deep Green's computers submerged in mineral oil in Exmouth where it captures waste heat for the swimming pool | Credit: Deep Green
Image:

Deep Green's computers submerged in mineral oil in Exmouth where it captures waste heat for the swimming pool | Credit: Deep Green

London-based tech firm secures multi-million pound backing to support roll out of technology that captures and repurposes waste heat from IT data centres

Octopus Energy's generation aim has announced a £200m investment in clean heat technology innovator Deep Green, with the funding set to help help the London-based start-up accelerate the roll out of projects...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Corporate energy sourcing: 'This is a new era of volatility, data and decarbonisation'

Corporate energy sourcing: 'This is a new era of volatility, data and decarbonisation'

WATCH NOW: Experts from SE Advisory Services and Cornwall Insight discuss how companies of all shapes and sizes can develop clean energy strategies to drive down costs and boost resilience

BusinessGreen staff
clock 12 May 2026 • 2 min read
Fossil fuel importer, or electrostate? The choice is ours

Fossil fuel importer, or electrostate? The choice is ours

If the UK seizes the moment it can build an energy system that powers a more competitive, more secure, and more prosperous Britain, writes Laura Sandys

Laura Sandys
clock 12 May 2026 • 5 min read
E.ON strikes deal to snap up OVO's UK retail business

E.ON strikes deal to snap up OVO's UK retail business

Combined firms set to become UK's largest retail energy supplier and ramp up efforts to deliver flexible grid services and domestic clean technologies

Michael Holder
clock 11 May 2026 • 5 min read