Funding immediate green credentials & energy savings
This is a fully funded programme which allows companies and organisations to install and use various types of self generation tech to harvest, store and use energy from renewable and sustainable energy sources and do so at no capital cost to themselves, interest or repayments.
This incentive provides up to 100% funding for Councils, companies and other organisations such as the MOD, NHS, etc. enabling them to be more energy sustainable, reduce their carbon footprint, and at the same time reduce their ongoing energy bills to improve their financial position. This incentive negates the initial substantial costs that would normally have to be incurred and at the same time brings forward the return on investment to almost immediately.
- Energy security and sustainability from renewable sustainable sources
- Fully funded planning, commissioning, installation & maintenance
- Long term cheaper energy bills
- No maintenance costs
- No interest rate
- No Repayments
- Long term budget control
- Zero cost ‘green’ credentials
The funding that powers this programme is from our partners, UK regulated investment and pension funds, institutional investors and energy companies. The available funds are dedicated to covering the cost of adopting renewable and sustainable energy for eligible businesses, property/land owners and local authorities to achieve their goals of carbon neutrality and ongoing cost savings.
The private equity partners that are funding our schemes are UK regulated with millions of pounds under management, investing into healthcare, retail, industrial and environmental projects.
- To date, 49 sustainable energy harvesting projects producing 722 megawatts of renewable energy have been funded in the UK.
- Some of the larger installations include a 72MW installation in wales, 50MW in Wiltshire and 46MW in Oxford.
- At the smaller end of the scale there are a number of installations all over the country that are only 3MW, 5MW and 6MW.
- Projects as small as 1MW can be considered.
- Funding for a further 1,278 megawatts of UK based projects is currently available from this tranche of funding.
The funding is available for projects that are expected to generate a minimum of one megawatt (1MW) of energy from solar, wind, biomass andprojects. Solar and wind projects would effectively use the airspace above buildings, car parks, public spaces and private or local authority owned land which is currently unused and going to waste.
The programme funds the purchase, installation and commissioning, along with the ongoing maintenance and servicing of the technology. The programme also pays for the application, underwriting, planning permission and all legal costs.
The technology can include...
- Solar PV Panels on the roof of buildings, and/or on the ground either on site or at seperate site.
- Wind turbines
- Combined heat and power generator ( )
- Biomass boiler/generator
- Air or ground source heat pumps
Depending on the size of the project, funding could also cover...
- Battery based storage unit for surplus energy and backup/emergency power reserve
- New intelligent LED lighting in and around the property for even more energy savings
- Air conditioning and ventilation
- Solar providing protection as well as power
- Electric vehicle charging
Installation of renewable energy generators can often be done without planning permission. As planning regulations will differ across the country we have our own in-house specialist planners to hand.
As an example, we can normally place 1 Megawatt of solar on a structurally sound of an appropriate building without planning. As a rule of thumb it takes 3,000 panels to produce 1 Megawatt of energy. That is roughly the size of one and a half football pitches. If th eproject is larger then it can be phased over time.
Depending on the size of aunit this can usually be done without planning as can biomass based generators and ventilation systems.
Once the funded project is commissioned and switched on there is no interest rate and there are no repayments. The customer switches over to buys its energy from the energy company under a Power Purchase Agreement (PPA) providing energy to the customer at a lower tariff, substantially reducing the customer's energy bills and still providing a good ROI for its investors.
This funding is for commercial and local authority customers. The eligibility criteria are not onerous. To qualify the customer needs to ...
- own its own buildings, property and/or land
- be financially secure and able to enter into a Power Purchase Agreement, i.e. not tied into an existing binding contract with an energy supplier
Once we answer all of your questions and you decide to apply for funding, the process is remarkably hassle free. Once you complete a non-disclosure agreement with us for confidentiality both ways, all we need initially is ...
- the company or organisation name
- the address(es) and postcode(s) of the project site
- copies of energy bills for at least the last year
- half hourly readings for the last year
Once these have been received we can then issue a proposal outlining the project's way forward and energy savings. If these are acceptable then we can proceed to Heads of Terms, with legal completion taking place usually within four to six weeks followed by the construction phase.
Depending on the size of the project, it could be up and running, generating energy and saving money in only a matter of weeks. For example, a redundant RAF base at Coltishall, Norfolk was converted into a 33 Megawatt solar park powering 10,000 local properties, with the construction process from panel placement to complex delivery logistics and connection to the grid in only six weeks.
We would be happy to answer any further questions we can, or consider any proposals you might want to present for our feedback with no obligation.
You can either call or email us, our contact details are at the top and bottom of this page. We look forward to hearing from you and answering your questions.
Please note that the above information and figures were correct on the date this page was published and are subject to change over time.
Image created inhouse using images by Adege and ccfb on Pixabay