Regenerco Renewable Energy Limited
- South Cambridgeshire DC
When South Cambridgeshire District Council had a £4m contract to place for the installation of PV energy generation in 376 homes, they turned to Regenerco to manage it, relying on Mitie Plc for the large scale installation and Albion Ventures Llp to fund it. The 1.2 MW installation generated energy which provided residents with free power, saving £150 off each home's annual expenditure. When a slightly smaller project arose, South Cambridgeshire DC felt that Regenerco had performed so well that they extended Regenerco's contract. Cleaner Air Solutions were selected for the installation and, once more, Albion Ventures Llp provided the funding.
The installation generates 736.08 kW of power per annum. 202 homes were made largely independent of The Grid, enjoying £150 in annual electricity savings while helping to reduce the carbon footprint of the community.
Alternate Energies Limited
- Colchester Borough Council
Working with our installation partner Breyer Group Plc, and backed by Downing Llp, Regenerco Power arranged the installation of PV roof panels on 251 homes in a £3m contract for Colchester Borough Council.
This completed project relieves the National Grid of the need to generate 814.25 kW of power, at no cost to the environment.
Regenerco gave each householder free power, resulting in an average value of power saved per home amounting to £150 - a substantial saving for stretched household, and supported accommodation, budgets.
National Express wanted to install Solar PV roof panels, but didn’t want the considerable capital investment.
Supported by funding from one of Regenerco’s funding partners, Guinness Asset Management, Regenerco leased the roof space from National Express and installed the Solar PV panels.
Regenerco own the panels and the energy produced throughout the life of the agreement. National Express benefit from Regenerco’s greatly reduced price charged for the power generated - this is linked to RPI and not subject to the fluctuation and inflation of power costs. After 20 years Regenerco will sell them to National Express for £1 and cease charging for the power.