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Home - Commercial & Industrial - Energy Assets Net Zero is launching a solar energy rental service
Commercial & Industrial

Energy Assets Net Zero is launching a solar energy rental service

solarenergyBy solarenergyJune 27, 2024No Comments2 Mins Read
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Participating companies will be able to increase their sustainability, reduce consumption costs and potentially sell excess energy back to the grid. Image: MCS.

Energy Assets Net Zero (EA NZ), part of the Energy Assets group, has launched a new asset adoption package to design, install and maintain solar PV systems for commercial and industrial customers at no upfront cost.

Companies and government-funded organizations will be able to install solar panels without any upfront costs. EA NZ will design, install and maintain the solar panels, charging a monthly rental payment, with end users having control over the power generated.

The UK government’s Solar Taskforce has set a target of increasing solar capacity to 70 GW by 2035. Although the biggest problems she identified were the connections to the electricity grid and the (lack of) staff, installing solar panels on commercial premises and buildings such as warehouses, supermarkets and schools will be the solution. help achieve capacity objectives.

According to EA NZ, solar energy can protect commercial and industrial users from future energy price fluctuations and mitigate the risks associated with future green energy compliance costs.

The UK saw a sharp increase in solar installations last year – industry standards authority MCS reported more than 180,000 domestic solar installations by 2023. By the end of this year, the UK will have around 20 GW of have solar generation capacity, with 8 GW of energy. storage.

EA NZ was launched in 2023 by Energy Assets Group to help the I&C sector transition to low-carbon technologies. The portfolio includes a flexible range of EV charging points, machine learning software for energy efficiency and a network connection service, in addition to the new solar energy offering.

See also  loanTERRA announces a new program in collaboration with local lenders to finance solar energy projects

Government financing for solar installations on public buildings

In May it was announced that the final phase of the public sector decarbonisation program would deliver £530 million of public investment for energy efficiency improvements, including heat pumps, solar panels, insulation and energy efficient lighting, in public buildings across the country. .

Solar energy was a major focus of financing: 84 projects received financing for the installation of solar panels on public buildings. Ten NHS trusts plan to install solar panels on some or all of their hospital buildings, while Leeds City Council received almost £7 million to decarbonise 11 buildings with solar panels, nine of which are educational institutions.

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