The North East is famous for its walls – Hadrian’s is probably the best known but various town and city walls across the region are also of great historic significance.

 

Every year, millions of people visit them and marvel at the engineering skills displayed by their construction.

 

However, a similarly impressive set of walls has been built in recent months and the work has gone almost completely unnoticed.

 

With a combined length of more than a kilometre, reaching almost 8.8 metres at the highest point and with a surface area in excess of 4,800 square metres, the seven retaining walls now approaching completion at The Rise housing development, in Scotswood, are believed to be the biggest such structures built in the UK in recent years – and there are nine still to build.

 

They are creating a series of terraces on the steeply sloping Tyneside valley – allowing the construction of new homes which are part of a major regeneration programme in Newcastle’s west end.

 

The impressive engineering feat is being delivered for the New Tyne West Development Company (NTWDC) a public-private partnership comprising Newcastle City Council and Keepmoat Homes.  It is driving a £265 million project to deliver around 1,800 mixed tenure homes on the 148 acre site.  To date just over 400 have been completed.

 

Director, Lee McGray, said:  “This work has been steadily progressing for several months, almost unnoticed.  However, it deserves to be recognised as major piece of civil engineering, which is enabling the safe and cost-effective redevelopment of this steeply sloping site.”

 

Several specialist companies were engaged to determine the best solution  – 3E Consulting Engineers, Retain Solutions the retaining wall contractor, Remedy Geotechnics provided the detailed design and construction drawings for the reinforced soil walls and HMH Civils the groundworks and specialist civil engineering works.

 

McGray continued:  “After a huge amount of on site testing, technical planning and computer modelling, it was decided that, rather than cut into the hillside, terraces should be created using an Allan Block system, which met the overall stability requirements and offered lower ground bearing pressures.”

 

Allan Block systems are manufactured and supplied in the UK by Colinwell Masonry.

 

Remedy Geotechnics Technical Director, Daniel Simpson, explained:  “These are really quite big walls.   I’m not aware of anything of that size being built in the UK recently.  There was quite a lot of analysis involved, and we used a lot of test data in the detailed design of the reinforced soil retaining walls.

 

“This is a modular system, utilising specifically designed hollow blocks.  Starting from the bottom, a layer of blocks is set on a levelling pad and the drain is placed behind.  Granular fill is added and compacted up to the top of the block and the first layer of geogrid is laid.  The process is then continued until the required height is reached.”

 

The first seven walls so far created have enabled the second phase of housebuilding at The Rise to get fully underway.  The remaining nine walls will be completed as up to 1,400 more new homes are delivered.

 

Booming hydrogen market heralds water technology opportunities

 

 

  • Global market could grow to be worth up to US$12 trillion
  • Opportunities for water technology suppliers
  • Particular focus expected on green hydrogen projects

 

 

The hydrogen economy is at the start of a period of growth, with the size of the global market predicted to be as much as US$12 trillion by 2050, according to the latest research.

 

As part of global decarbonisation efforts, hydrogen is expected to emerge as an alternative fuel. Given water is the main feedstock for hydrogen production, the boom in the hydrogen market presents a range of opportunities for water and wastewater businesses, a report from BlueTech Research has found.

 

Particular growth is expected in terms of the number of green hydrogen projects, those where hydrogen is produced by water electrolysis powered by renewable energy. The size of plants is also expected to scale significantly in coming years.

 

The EU anticipates investment of up to €470 billion (US$557B) into hydrogen production and infrastructure by 2050, with annual capital expenditure of US$200 billion. In the period 2020-2030, the EU itself is expected to invest between €24-42 billion (US$29-50B) in electrolysers and €220-340B (US$260-400B) in scaling-up production and directly connecting 80-120GW of solar and wind energy capacity to the electrolysers.

 

However, the report notes that while there is a global agenda to push for green hydrogen, there are concerns about the amount of water and renewable energy needed.

 

 

Report author Kim Wu, a research analyst at BlueTech Research explains: “Water demand could be a concern for the large number of green hydrogen projects being planned, particularly for water utilities and councils, or in water-stressed areas as some hydrogen projects might expect to use tap water supplied by local utilities.

“Interestingly, water utilities have a unique role to play in the hydrogen economy. There are different pathways that water utilities can produce hydrogen at their wastewater facilities and benefit from implementing those processes.” 

 

 

Conventionally, hydrogen has been produced via steam methane reforming (SMR) using natural gas as the feedstock. To date, 90% of hydrogen from methane or light hydrocarbons is produced from SMR and the hydrogen produced is mostly used as a chemical feedstock.

 

 

Wu said: “With companies and governments leading and actively pushing towards net zero carbon emissions, there is an ongoing shift in which hydrogen is now being considered as the clean energy carrier in addition to a chemical feedstock.”

 

Green hydrogen projects also rely on the availability of, and investment in, renewable energy infrastructure. Suitable hydrogen storage and transport facilities will also be needed which amount to significant investment costs, the report suggests.

 

BlueTech Research chief executive and founder Paul O’Callaghan summed up the findings of the report: “After years of research and development, anticipation and slow market growth, the hydrogen economy is beginning to take off, fuelled by the pressing global agenda to decarbonise.

 

“Our research highlights different opportunities for water and wastewater business in the growing hydrogen technological and economic landscape. A particular focus will be on green in green hydrogen production, in which hydrogen is produced by renewable energy through electrolysis.”

 

The full report Water and the Hydrogen Economy is available to BlueTech Research clients.  To find out more visit www.bluetechresearch.com 

 


Today Construction Europe reported Vinci and partners will launch a huge hydrogen initiative:

French construction giant to help grow €1.5bn fund for clean hydrogen infrastructure solutions

Construction and concessions giant Vinci, along with two other Paris-headquartered companies – gas technology firm Air Liquide and energy firm TotalEnergies – has launched a huge investment fund, dedicated to the development of clean hydrogen infrastructure solutions.

With major businesses in Europe, the Americas and Asia participating, the alliance says it plans to build a fund totalling €1.5 billion, which will be invested across the value chain of renewable and low carbon hydrogen.

Companies named by Vinci as either on board or soon to be include Plug Power, Chart Industries, Baker Hughes, Lotte Chemical, Axa, Groupe ADP, Ballard, EDF, and Schaeffler.

Leadership in energy transition

Vinci reports that €800 million has already been raised. With the fund managed by Hy241, a joint-venture partnership between Ardian and FiveT Hydrogen, the group will soon move to the selection of hydrogen projects in which to invest.

The company said it expects the fund to contribute to projects with a total value of approximately €15 billion.

 

Vinci’s chairman and CEO, Xavier Huillard, said, “Vinci is taking concrete action to support the development of clean energy by mobilising all its divisions in concessions, construction and energy, with the aim of actively combating climate change and decarbonising mobility in particular.

“By launching this investment fund today, hand in hand with other major industrial leaders, we keep moving forward to make green hydrogen a strong lever in achieving our objectives.”

Benoît Potier, chairman and CEO of Air Liquide, said, “Hydrogen has become a central element of the energy transition. The time to act is now, not only as companies on a stand-alone basis, but by joining forces with states, other industrial groups and the financial community.”

Patrick Pouyanné, chairman and CEO of TotalEnergies, said, “We are convinced that a collective effort is needed to kick-start the hydrogen sector and take it to scale. We are…proud to launch and invest in the clean hydrogen infrastructure fund, which will also give us privileged insights in the sector”.

Modular housing developer ilke Homes is eyeing a pipeline of 10,000 factory-built homes over the next five years after securing £60m in new funding from Homes England and several other investors.

The developer said that regulatory pressures and ESG criteria have pushed the industry to scale up its modular construction strategies.

Modular developers like ilke have ambitious green agendas. This year, for example, ilke launched ZERO, its initiative to build thousands of zero carbon homes.

Having already delivered five such sites, ilke is aiming to deliver nothing but zero carbon homes by the end of the decade at no extra cost to investors or housing associations.

As part of the £60m fundraise, Homes England, the government’s housing accelerator, provided £30m of debt to ilke Homes, having previously invested £30m in 2019.

Homes England’s backing reflects the government’s explicit support for factory-built homes in combating the country’s housing shortages.

The remaining £30m came from a number of other investors, including The Guinness Partnership, Middleton Enterprises, Sun Capital and TDR Capital.

High (initial) cost of modular

ilke said the new investment will be “transformational”, allowing it to scale up production and accelerate capacity, quadrupling delivery from two to eight homes a day – which would also bring down manufacturing costs.

The company plans to invest heavily in automating more of its manufacturing processes to drive efficiencies, secure more sites and expand its “package deal” strategy, which offers full development service of site, infrastructure and homes.

Being able to deliver that many homes will be crucial for ilke, which reported an operating loss of £34.6m in the year to March 2020 – the latest figures available.

In its annual report, the company said it “continued to be very much in its development phase” and, as a startup business, expected to incur further liabilities over the following year.

As a result, its housebuilding delivery has yet to offset the costs of setting up and expanding its production capacity.

Given growing support from the industry and from the government, ilke – which wants to become one of the 10 largest housebuilders in the UK – has remained optimistic about its potential. Being able to deliver zero carbon homes at no extra cost will become a reality by 2030, the company recently said at the Chartered Institute of Housing annual conference.

Gearing up for the green revolution

Stephen Stone, board member at ilke Homes, said: “This announcement proves that there is a shared ambition among the public and private sectors to find innovative solutions to structural issues that have dogged the construction and housebuilding industries for decades.”

Stone joined ilke Homes earlier this year after 13 years at FTSE 250-listed housebuilder Crest Nicholson where he was CEO and, later, chairman.

He added: “This new funding will help us create hundreds more highly skilled, green jobs for an economy that is gearing up for a green industrial revolution. The fact that our own clients continue to either invest or increase their stakes in the company is testament to the dynamic approach ilke Homes has taken to housebuilding in the past three years.

“Faced with regulatory pressures and a requirement to meet ESG criteria, we are finding that investors are increasingly scaling up their MMC strategies.”

Harry Swales, chief investment officer at Homes England, said: “Manufacturers like ilke Homes are vital if developers are to build new sustainable homes at the pace and scale the country needs.

“This debt facility from the Home Building Fund shows our commitment in increasing productivity and efficiency in construction to meet government’s housing delivery ambitions.”

 

Source: PlaceTech

Mambu Powers New Challenger Bank GBB To Help UK Government

Meet House Building Target by Tyler Smith

The SaaS Cloud Banking platform Mambu has been selected to power the latest digital offering of the new British bank GBB.

Founded to get Britain building, with a particular focus on property and development finance, GBB will act as a lender to SME property developers in the most underserved regions of the UK.

Currently, only around 245,000 of the government’s annual 300,000 house building target is being met. Mambu’s cloud-native platform will make it easier for GBB to respond to market changes while delivering banking products and excellent customer experiences, driving long-term growth and profitability.

Mambu has been working with GBB for 3 years, responding to a brief to innovate and iterate as it grows.

GBB is seeking to support the recovery of Britain’s construction sector by providing property development loans of value between £1 million and £5 million to regional property developers, SMEs, and construction companies across the North East, Yorkshire, and North West.

GBB expects to receive its banking license later this year in order to be able to offer bespoke development financing; an area of commercial lending that currently remains particularly underserved by incumbent banks.

Its proprietary tech platform enables full end-to-end delivery of property development lending and includes a dynamic risk rating tool.

GBB opted to compose its own architecture with Mambu’s SaaS banking platform, as opposed to a more traditional ‘bank-in-a-box’ approach. This ensures the flexibility to swap out components as required, avoiding vendor lock-in and wholesale re-platforming.

Mambu enables GBB to develop and launch bespoke lending products using an easy-to-configure platform, which benefits from continuous upgrades.

 

Stephen Lancaster, Chief Information Officer, GBB

Stephen Lancaster, Chief Information Officer of GBB commented, “One in three property developers in the UK is denied financing. Many avoid applying for loans altogether, fearing rejection. Traditionally, SMEs have been the most underserved group as existing banks and lenders tend to prioritise higher loan values. Our mission is to turn things around, and we can only do that by leveraging today’s best-in-class cloud technology.

“We partnered with Mambu because, like us, they are customer-obsessed and understand technology’s role in providing customers with a better experience. The team understands our market really well and has supported us in our journey to becoming a bank every step of the way.”

 

This comes after similar UK challenger banks, including Tandem, also adopt Mambu’s SaaS Banking platform.

 

Elliott Limb, Chief Customer Officer, Mambu

“Unlike most challenger banks, GBB recognises the potential of Northern England. This part of the UK has been underserved for decades, and GBB’s model is vital to its development,” added Elliott Limb, Chief Customer Officer at Mambu. “We have a strong partnership with GBB and are looking forward to supporting them in bringing financial access to the property developers and SMEs in the regions.”

 

 

 

 

GBB aims to lend £3 billion over five years, building a £1 billion-plus balance sheet. It will fund almost 20,000 homes and several million square feet of office space, supporting the creation of over 100,000 jobs. For savers, competitive fixed rates will be protected by the Financial Services Compensation Scheme (FSCS).

 

Source: The Fintech Times