Cardiff-based Nuvolt has installed solar panels at brewing company Marston’s headquarters, St Johns House.
The solar installation at St Johns House is forecast to generate 87.73MWh of clean energy yearly.
Nuvolt provides design, installation and maintenance services, as well as supporting the financing of solutions through Power Purchase Agreements (PPAs).
Matthew Phillips, co-founder and director of Nuvolt, said: “We are committed to being part of Marston’s journey to Net Zero, as they strive to reduce energy consumption across their estate.
“This ambitious initiative extends beyond the headquarters to include solar panel installations across select pubs and inns, significantly cutting down their operational energy usage and carbon footprint.”
Nuvolt, in partnership with HT Power, has initiated PPA provisions for both the headquarters and phase one of the initiative.
UK solar PPA market
In February, power market analysts LevelTen Energy published a report on the European PPA sectors. The UK saw PPA prices increase by 1% in its P25 solar price, which LevelTen attributed to the UK government increasing the administrative strike price for solar in the latest Contracts for Difference round by 30% from £47/MWh to £61/MWh.
More coverage of the report can be found on our sister site, PV Tech.
Businesses are increasingly partnering with solar companies through PPAs to provide clean energy for their commercial properties. In March, Bristol Airport entered into a virtual Corporate Power Purchase Agreement (CPPA) with renewable energy developer Luminous Energy.
It is thought to be the first renewable energy project to combine both a government Contract for Difference (CfD) arrangement with a long-term corporate Power Purchase Agreement.
At the Renewable Energy Revenues Summit 2024 in London next week, representatives from Luminous and Bristol Airport will join EY director Phil Dominy and Philippe Bazin, head of sustainable energy and green infrastructure at Novuna, for a panel discussion, Case Study: Combination of a vCPPA and CfD for a UK Customer.
