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Applied Superconductors’ third Fault Current Limiter Project has been successfully commissioned and is now connected to Northern Powergrid’s electrical distribution network in the Scunthorpe area of Yorkshire. The successful connection to the electrical network took place during July 2012. The Fault Current Limiter supplied to Northern Powergrid incorporates an inductive limiter technology developed by Zenergy Power and recently acquired by Applied Superconductor.

Applied Superconductor's second Fault Current Limiter Project has been successfully commissioned and is now connected to the Scottish Power Manweb electrical distribution network. The connection to the electrical network took place during August 2012. The Fault Current Limiter, which was delivered to site earlier this year, has been installed in a substation directly supplying customers in Liverpool.

Calyos has secured an investment of EUR 1.9M from an investor consortium comprising of Theodorus, Sambrinvest, OCAS Ventures, and private investors. Calyos develops heat pipes for use in a wide range of applications where concentrations of heat from electronic devices need to be efficiently dissipated, thereby increasing the reliability and the lifetime of electronic devices.

Applied Superconductor, based in Blyth in the North-East of England, has secured funding of more than £3.6 million from a consortium of three investors: Octopus Ventures, OCAS Ventures and IP Group (through the Finance for Business North East Technology Fund). The money will contribute to the company’s development of a device called a ‘superconducting fault current limiter’, which protects electrical networks from the effects of short circuits.