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Centrica Innovations Invests In Sustainable Building Manufacturer

June 07,2018



Centrica Innovations has announced a £400,000 investment into Carbon Dynamic, a leading manufacturer of sustainable modular buildings.

"Carbon Dynamic designs and manufactures cost effective and low energy buildings using locally-sourced and sustainable materials, and is working in partnership with the Albyn Housing Society and NHS Highland to deliver a pioneering smart home initiative that could transform the way health and social care is delivered," Centrica said

"A first of its kind in the UK, the ‘Fit Home’ concept aims to enable people to continue to live safely and independently in their own homes for as long as they choose and to provide a viable, lower cost alternative to full-time residential care and prolonged stays in hospital. The project combines the latest smart technologies with homes that can easily be adapted to meet the changing needs of their residents. Residents will benefit from non-intrusive connected devices, digital health and assisted living technologies, helping them to maintain a sense of wellbeing as they respond to the physical and emotional changes of their condition," Centrica said

"Carbon Dynamic has also manufactured eleven homes for the Social Bite Village in Edinburgh, which aims to provide a low-cost, safe living environment for people currently living in temporary accommodation and shelters," Centrica said

The investment has been made by Centrica’s Ignite social impact investment fund, which now forms part of Centrica Innovations.

Sam Salisbury, Centrica Innovations Labs Director said: "As a market leader in connected home products, we are always on the lookout for opportunities to solve real world problems with new technology and innovation. The lack of affordable, energy efficient, desirable homes is one that is affecting families across the country so we’re delighted to be able to support an initiative that shows such potential in transforming how people, young and old, live in their homes."

In addition to the investment, Centrica Innovations will provide Carbon Dynamic with mentoring, coaching and business support. To find out more about Centrica Innovations, go to https://www.centrica.com/CI.

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