A renewable energy firm based in Machynlleth has been named as a finalist for the Wales Business Awards 2024.

As hundreds of businesses from across the country entered to be in with a chance of winning a prestigious award recognising achievements from companies of all shapes and sizes, the 49 finalists were announced on April 16.

Amid the finalists was Machynlleth-based firm Dulas Ltd, which provides products and services for solar, wind and hydro energy projects. They were named as a finalist in the new SME Exporter of the Year category.

Paul Butterworth, CEO of Chambers Wales South East, South West and Mid, said: “The Wales Business Awards are a showcase for the best Welsh business has to offer and we would like to congratulate our very worthy finalists who have made amazing contributions to working practices, customer relationships and the economy over the last year.


“The awards continue to be a launchpad for businesses and are a fantastic opportunity to celebrate together their achievements that make such a huge difference to the Welsh economy.”

The recognition follows a four-month project Dulas Ltd launched feasibility of hydrogen production in Wales using renewable energy sources after being awarded funding from the Welsh Government.

On the project, Andy Skipton Carter, commercial lead for consulting at Dulas, said: “Research into green hydrogen production and defining affordable, sustainable systems that will work with renewable energy locally and at scale is ground-breaking stuff and we are excited to have started on this project.

“We’ll be building on our existing skills and learning new ones so that we can continue to offer our clients pioneering, effective renewable solutions that will help combat climate change and support local energy security.”

The company is also notable for being the only UK based manufacturer of World Health Organisation Accredited vaccine fridges, securing a £600,000 funding package from HSBC UK to ramp up the development of its solar-powered units in 2022.

On awarding the funding to Dulas, Warren Lewis, head of corporate banking Wales for HSBC UK, added: “Dulas is a stalwart of the Welsh and UK renewables industry, doing important work to help deliver shared net zero ambitions, and we’re proud to have been their banking partner for over a decade.”