Own Energy has developed a small wind turbine and inverter system to harvest wind energy using lampposts as hosts.
Each suitable lamppost conversion will save half a ton of carbon being released into the atmosphere.
As part of the deal, worth £3.5m to NVT Group over the next 15 years, Own Energy will relocate from Glasgow to NVT Group’s headquarters in Righead Industrial Estate.
NVT Group managing director Stephen Park Brown said: “We have a great record of working with winning teams and this new venture has every prospect of eclipsing our recent commissions.
“We believe that Own Energy can become a significant player in the renewables market both in the UK and beyond.”