by Brianna Crandall — May 18, 2011—Strategic outsourcing company MITIE, working with funding partner Industrial Solar, has completed its first solar power “for free” installation project. The project involved installing photovoltaic (PV) roof-mounted solar panels, which were provided to the building owner MGM Trading for free, with Industrial Solar recouping the costs. MGM Trading is a conservatory furniture manufacturer.
The installation will mean lower electricity bills for MGM Trading, as well as reduced carbon emissions. The four-week project was delivered through MITIE’s CarbonCare service, which helps organizations to manage down their energy use and carbon footprint. This system will produce 57,000kWh of renewable electricity each year and offset 30,000kg of carbon dioxide every year—reportedly the equivalent of 40 flights between London and New York City.
The project was fully funded by Industrial Solar, a commercial developer within the renewables PV market, which is leasing the roof space for 25 years from the building owner, MGM Trading. Industrial Solar will receive income from feed-in-tariffs and for any excess energy generated by the panels, while MGM Trading will enjoy lower electricity bills and green power.
