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Company profile

Achelous Energy Limited

Offshore renewable energy - DWR Offshore Limited

Specialists in the design & provision of engineering, procurement, construction, transport & installation services to the offshore renewable energy industry

CRN
10640223
Founded
2017
Age
9

Overview

Legal name
ACHELOUS ENERGY LIMITED
Region
South East England
Registered address
THE OLD BARN BLACK ROBINS FARM
GRANTS LANE
EDENBRIDGE
KENT
ENGLAND
TN8 6QP
Insolvency history
No

Latest accounts

Financial period: 1 Jan 2024 to 31 Dec 2024

FILLETEDACCOUNTS
Turnover
Unknown
Profit / Loss
Unknown
Employees
4

Company events

Reference milestones and recent Companies House filing stream events.

6 events
01 Nov
2026

Confirmation statement due

Confirmation Due

Next confirmation statement due date

30 Sep
2026

Accounts due

Accounts Due

Next accounts due date

18 Oct
2025

Confirmation statement filed

Confirmation

Last confirmation statement made up date

31 Dec
2024

Accounts filed

Accounts

Last accounts made up date

22 Nov
2024

Confirmation Statement With No Updates

Confirmation-statement

CS01 | Transaction MzQ0NDU5MTQ0OWFkaXF6a2N4

Published 22 Nov 2024 12:42

27 Feb
2017

Incorporated

Inception

Company registered at Companies House

Public funding

8 awards
First funded
2020
Funded years
2020, 2021, 2023, 2024
Age at first award
3 years

Projects

2024 Feasibility Studies Lead participant

FITS Power Plant - Cambodia Island Community

1 Jun 2024 to 28 Feb 2025

Awarded
£89,429
Total cost £127,756

Achelous Energy Limited's (AEL) "FITS" technology is an innovative power generation plant that generates clean, affordable electricity using a combination of water flow energy and solar energy. It is able to provide low-cost electricity to both small and large off-takers. FITS technology has been demonstrated at full-scale under a previous EC7 project, an...

2024 Collaborative R&D Lead participant

Solar2Wave Mid Stage: Demonstration of a Floating Solar Farm in Indonesian Ocean Waves

1 Jun 2024 to 30 Nov 2025

Awarded
£73,989
Total cost £105,698

Indonesia has a population of approximately 273.8 million, of which 4 million still lack access to energy. These people live on remote islands, relying on diesel power generation which is expensive and polluting. The high cost dictates that the island residents to have limited electricity. The Solar2Wave project will carry out a Floating PhotoVoltaic (FPV...

2024 Grant for R&D

Floatovoltaics for agriculture: assessing environmental benefits of multi-use reservoirs for irrigation and renewable energy generation.

1 Jun 2024 to 31 May 2026

Awarded
£38,100
Total cost £54,428

Irrigated agriculture and horticulture produce a significant proportion of the nation's fresh fruit and vegetable crops, potatoes and sugar beet, underpinning a food processing industry that is the UK's largest manufacturing sector. Despite its economic importance, the sector faces profound environmental, water, energy and climate-related risks which coll...

2024 Collaborative R&D Lead participant

Achelous Energy: Pre-commercialisation Support

1 May 2024 to 31 Oct 2024

Awarded
£49,150
Total cost £49,150

Hydrokinetic power generation harnesses the energy from flowing water in rivers. Unlike traditional hydroelectric power it does not require any dams or other large man-made infrastructure to be placed in the waterway, eliminating the damaging environmental impacts of such structures. Coupled with this, hydrokinetic power plants are able to generate contin...

2023 Feasibility Studies Lead participant

Solar2Wave: Design of Floating Solar Farms to Overcome Tough Ocean Waves

1 Mar 2023 to 29 Feb 2024

Awarded
£49,882
Total cost £71,260

Indonesia has a population of approximately 273m, of which 1.5m still lack access to the energy grid. These people live on remote islands, relying on diesel power generation that is expensive and unreliable. The Solar2Wave project will carry out a floating photovoltaic (FPV)-based innovation to solve the energy-access issue of Indonesia's remote islands. ...

2023 Collaborative R&D Lead participant

Floating Instream Tidal and Solar (FITS) Power Plant - Nepal Pilot Project

1 Feb 2023 to 31 Jan 2025

Awarded
£363,715
Total cost £808,256

Harvesting hydrokinetic energy from running river water presents a highly attractive addition to the existing renewable energy sectors. Critically, and unlike most other renewables, this technology guarantees a predictable and consistent energy output which can contribute to the baseload power requirements of its energy off-takers. AEL has developed an in...

2021 Collaborative R&D Lead participant

FITS Power Plant - Testing Re-location

1 Dec 2021 to 31 Jan 2022

Awarded
£100,000
Total cost £100,000

DWR is developing a Floating Instream Tidal and Solar (FITS) Power Plant which uses both flowing river water and solar power to generate consistent, baseload renewable energy. The FITS Power Plant incorporates two vertical axis turbines and Solar Photovoltaic (PV) panels and has an innovative modular design which can deliver 200kWp rated capacity to the e...

2020 Collaborative R&D Lead participant

Floating Instream and Solar (FITS) Power Plant

1 Apr 2020 to 31 Mar 2022

Awarded
£766,553
Total cost £1,095,075

DWR is developing a Floating Instream Tidal and Solar (FITS) Power Plant that has the potential to supply a significant proportion of the Myanmar power requirements. The FITS Power Plant incorporates two vertical axis turbines and Solar Photovoltaic (PV) panels and has an innovative modular design which can deliver 200kWp rated capacity to the end user. T...

Product types

Collaborative R&D Feasibility Studies Grant for R&D