Ripasso Energy recruits new talent - Significant interest in unique Swedish environmental technology coming out of South Africa
Cleantech company Ripasso Energy AB is shoring up its own organisation by hiring an additional three specialists for its Gothenburg office. These recruitments are part of the effort to develop and build the company's internal organisation and to cater to significant South African demand for the company's technology for the recovery of energy from industrial residual gases.
As recently as September of last year, Gothenburg-based environmental technology company Ripasso Energy launched a unique product – the PWR BLOK-400F – for efficient extraction of electricity from industrial residual and flare gases. Studies show that no other technology – renewable or conventional – is able to convert residual gases to electricity at costs this low. Three months after launch, the South African company Afarak Mogale ordered seven PWR BLOK units for delivery early next year. Ripasso is also currently in discussions with several large manufacturers in the South African ferrochrome industry.
"We have started manufacturing the first order and have made significant progress in our discussions with several other companies interested in placing an order. This is why we are building a more robust organisation capable of delivering significantly larger orders and of reducing production costs considerably,” says Gunnar Larsson, CEO and founder of Ripasso Energy AB.
Jens Bruno joins Ripasso as CFO. Jens has nearly 20 years of experience in financial management and financial markets, having held a number of positions primarily in emerging markets and developing countries. Most recently, he served as CEO of an investment company engaged in developing real estate in Russia. Jens has studied in Russia, Czechia, Estonia and Sweden, and holds a master's degree from Uppsala University. He will be part of Ripasso’s management team and takes up his duties on 4 June.
Ann Grant is joining Ripasso as Senior Combustion System Engineer, where her primary duties will be related to fuel quality, particle filtration solutions and emissions, as well as combustion system components and materials in the PWR BLOK product. She joins Ripasso directly from the Volvo Group, where she has been involved in various projects since 2005, most recently as Senior Analysis Engineer at Volvo Car Corporation. Ann holds a Ph.D in Physical Chemistry from the University of Washington in Seattle, WA. She takes up her duties on 13 August.
Ulrika Grimfeldt is joining Ripasso as Head the Combustion Systems Technology Department, where she will be responsible for developing combustion systems, software, controls and electrical systems. In addition to daily operations and management, the department's responsibilities also include development and recruitment. She joins us from Volvo Penta's product development department, where she has served as Head of Exhaust Gas Cleaning since 2013. Ulrika holds an MSc in Chemical Engineering with Technical Physics (2002). She takes up her duties on 27 August.
“We are very pleased to be joined by three experts in their respective fields. The competition for specialists is fierce in growth industries, particularly when it comes to engineers and technicians. The fact that we are able to attract talent is further proof that our unique technology and products have a bright future,” concludes Gunnar Larsson, CEO of Ripasso Energy.
For further information please contact:
Gunnar Larsson, CEO, ir@ripassoenergy.com
ABOUT RIPASSO ENERGY AB
Ripasso Energy AB is a Swedish environmental technology company founded in 2008 with a mission to develop and commercialise Stirling technology’s incomparable ability to convert thermal energy to electricity. The company has developed a Stirling engine featuring a matchless combination of high power and high efficiency for generating electricity at low costs compared to other renewable and sustainable alternatives. The company’s latest product – the PWR BLOK 400-F – is a unique solution for extracting electricity from industrial residual and flare gases in a climate-friendly way. Ripasso currently has operations and customers in both Europe and Africa, and its shares are listed in Sweden (on the NGM Nordic MTF), and also trade on the Börse Stuttgart in Germany. Read more at www.ripassoenergy.com
Ripasso Energy is required to disclose this information in accordance with the EU Market Abuse Regulation. The information was submitted for publication at the initiative of the above contact person on May 16 at 08.00 CET.
