HI-TECH engineering firm Williams Advanced Engineering has been given a cash boost for its groundbreaking technology.

The Grove-based business that commercialises Formula 1-based technologies is developing one of 30 green energy projects that will share a £16m grant from the Department of Energy and Climate Change’s Energy Entrepreneurs’ Fund.

The money will be used for further work on its flywheel-based energy storage system, already used in hybrid buses. The company hopes it can be installed on a power grid within two years.

Williams chief executive Mike O’Driscoll said: “It’s encouraging to see the Government support clean technology entrepreneurs in this way.”