A fledgling renewable energy company has added a North Yorkshire-based investment banker as joint Managing Director.
Ian Goodwin has joined the newly-launched Jörd Energy – which is specialising in commercial and residential ground source heat pumps and solar panel installations – as joint-Managing Director.
Whilst the business is based on the site of the former Ashington Colliery and employs a 20-strong workforce, Mr Goodwin is based in the Market town of Bedale.
Garry Coulson, joint Managing Director, said: “We chose the name Jörd because in Norse mythology, she was the mother of thunder god, Thor, and she is the personification of the Earth, which fits brilliantly with our business.”
Mr Goodwin said: “Yorkshire and the North East are synonymous with coal mining, and Jörd will continue the tradition of harvesting the energy reservoir in the ground beneath our feet.
“However, in our case, we will not be extracting carbon in the form of coal, simply heat from the ground. And ground source heat pumps provide the lowest running cost of any heating system.”