Energy Assets Net Zero launches adoption package to unlock solar
Businesses and publicly funded organisations can take advantage of solar power generation as low-carbon specialist aims to transform UK’s industrial and commercial (I&C) landscape
Since 2005, Energy Assets has provided innovative metering and data services for utilities infrastructure. The EA Group launched EA Net Zero last year to help the I&C sector transition to low-carbon technologies. The company’s portfolio includes a flexible offer on electric vehicle (EV) chargepoints, machine learning energy efficiency software and a specialist network connections service.
Photo by Jeroen van de Water
Now, it’s taking an ambitious step to unlock the potential of solar power generation across the UK by launching an asset adoption initiative.
The package means that businesses and publicly funded organisations are able to install solar photovoltaic (PV) arrays without any upfront cost. In doing so, they enhance sustainability and reduce their dependence on more expensive energy sources.
The initiative also aligns with the government’s Solar Taskforce, as part of wider plans to provide the country with greener, cheaper and more secure energy. The UK is expected to achieve 20GW of solar generation capacity by the end of 2024 and the aim is to build this to 70GW by 2035.
A key factor in meeting this target is the installation of solar PV arrays on large business premises of various kinds, including car parks, schools, supermarkets and warehouses, as well as local authority buildings.
The Energy Assets Group already has proven expertise in independent energy asset adoption and management. In the new initiative, EA Net Zero will design, install and maintain solar arrays for a monthly rental payment, in exchange for which end users maintain control over the power generated. That means that, for no upfront cost, they can enhance sustainability and reduce costs of consumption. There is also the potential to sell excess energy to the national grid.
Participating end users will be protected against fluctuations in energy prices in future, given that solar PV is a long-term energy proposition with a lifespan of 20+ years.
- For more information, see Energy Assets: Commerical solar PV
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