Renewable Resources (Energy Solutions) Ltd accounted for 38% of the total commercial solar photovoltaic (PV) installed capacity in the UK between May and July 2012, according to the latest Department of Energy and Climate Change (DECC) statistics. This achievement reinforces the company’s position as the largest UK solar PV installer, and follows the company’s recent win of the Solar UK 2012 Award in the category Large Installation of the Year. The award-winning 6.9 MW project for the supermarket chain Sainsbury’s was completed by Renewable Resources in March 2012 in South England. For this retailer, 36,662 roof-mounted solar PV panels installed on 115 stores are producing enough energy to power 2,000 homes or offset an average of 3,100 tonnes of carbon emissions per annum. Renewable Resources’ energy solutions allowed the supermarket chain to significantly reduce its carbon footprint and its electricity bills, while also protecting from future increases in energy costs.
“Supermarkets and shopping centres have enormous space on their roofs, most of it underutilised”, said Paul Gribben, Chief Executive, Renewable Resources. “It makes smart business sense for retailers to turn this space into tools to produce electricity cost-effectively, while also reducing their impact on the environment. Our proven installations demonstrate the sustainability and return on investment of our solutions”.
With the continually falling price of solar PV technologies and installations, these alternative energy solutions continue to be an attractive investment in the UK. The DECC predicts a decrease of installation prices by 10-30% by the end of 2012, with ongoing price drops of 5-25% per year in 2013-2014 and smaller but consistent reductions in 2015 and beyond. Additionally, installation companies are gathering experience and reducing the average time needed for installations, thus contributing to further cost savings. Renewable Resources continually invests in the technical skills of its team and in diversification of its product offering. To install a typical 50 kW system for a flat roof, for instance, now takes fewer than three days with no disruption to the building operation.
At the same time, the cost of electricity has increased and will continue rising in the future. Renewable Resources estimates that a 50 kW solar PV installation with an average price of £60,000 will generate over £200,000 in savings on the electricity bill within 25 years. This is a robust yield for any business looking for a less expensive and greener energy source.
At the same time, the cost of electricity has increased and will continue rising in the future. Renewable Resources estimates that a 50 kW solar PV installation with an average price of £60,000 will generate over £200,000 in savings on the electricity bill within 25 years. This is a robust yield for any business looking for a less expensive and greener energy source.
Finally, solar PV solutions can help retailers strengthen their position as responsible businesses that support the local economy and community, while also reducing their negative environmental impact. A 50 kW solar PV system can offset up to 20 tonnes of carbon dioxide per year, helping a company to reinforce its green credentials while retaining like-minded customers and suppliers.
“Renewable Resources offers full installation services from survey to aftersales support without using subcontractors”, added Gribben. “It allows us to ensure the best quality when helping our customers to lower carbon emissions, improve long-term energy security and ultimately reduce electricity costs”.
Renewable Resources (Energy Solutions) Ltd
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