With the doors of COP28 now closed, and the focus on fast tracking the move to clean energy sources and to slash greenhouse gas emissions before 2030 to the fore, it brings an ever-evolving landscape of sustainability.
On-site renewable energy generation stands out as a beacon of hope for businesses across the UK, and this transformative approach not only aligns with environmental consciousness but also paves the way for reduced costs and long-term energy security. However, a pivotal question looms over businesses eager to embrace this change: How do they fund and justify the investment in on-site renewable energy?
In a bid to unravel the intricacies of this dilemma, Solarsense recently hosted the second webinar in its ‘Power to Your Business’ series. This insightful session gathered a distinguished panel of experts to dissect the financial challenges that businesses encounter when contemplating a shift to solar energy or expanding existing solar installations, and Ele from Ignition was invited to be part of their panel.
Drawing upon the invaluable first-hand experiences of businesses and organisations that have already made the leap into solar investment, coupled with the insider knowledge of two finance industry experts, the panel delivered a comprehensive exploration of critical topics. These included the complexities of the procurement process, navigating the landscape of energy export, diverse finance options, and the potential impact of rising interest rates on such ventures.
The session emerged as a gold mine of information, bridging the gap between aspiration and implementation for businesses keen on embracing sustainable energy practices. Participants gained insights into the practicalities of financing solar projects ensuring that the transition to renewable energy is not only environmentally responsible but also economically viable.
The expertise shared during this webinar aimed to empower businesses to make informed decisions, fostering a sustainable future that is both ecologically conscious and financially astute.
As the world moves, these discussions become a cornerstone for businesses seeking not only to reduce their carbon footprint but also to fortify their economic foundations through renewable energy investments.
To read the white paper summarising the discussion please click here
Ele Smith, our Solar expert here at Ignition would be happy to talk to you if your business is considering a solar installation, so please get in touch today.