Leading road haulage company, Eddie Stobart, has begun a new journey towards a greener, low carbon and cost-efficient future by teaming up with one of the UK’s leading renewable energy companies: Engenera Renewables Group.
Eddie Stobart is one of the UK’s best-known names within the supply chain sector. Initially formed in 1970 by its eponymous founder, Edward Stobart, the company now operates over 2,000 vehicles and 3,500 trailers. The firm currently employs around 6,500 people across 43 operating centres nationwide.
It provides its services to a range of UK and international customers and is widely recognised for its high levels of customer service and professionalism.
As such, the company, understandably, has considerable fuel and energy usage. This comes with all the associated costs and carbon emissions that may be expected from a business that helps keep the country’s economy moving by transporting goods many millions of miles annually.
As one of the UK’s leading renewable energy companies, Engenera Renewables Group is focused on helping individual companies reduce their carbon footprintWith fuel and energy costs currently skyrocketing, any strategy that could be employed to lower the firm’s energy usage could potentially save it a considerable sum, as well as reduce its not-inconsiderable carbon footprint.
With over 50 years and many, many miles behind it, the company has now embarked on its latest journey – towards a greener, low-carbon future – ultimately with the aim of achieving net zero.
This latest journey began with Newcastle-based Engenera Renewables Group undertaking research into reducing the energy spend at the company’s base in Rugby, Warwickshire. The management team at Eddie Stobart, along with the building’s landlords, worked closely with Engenera to determine what the best options were for introducing a renewable energy solution.
The result of this in-depth discussion and analysis – undertaken as part of all Engenera’s projects – determined that the renewables firm would provide Solar PV under a power purchase agreement.
A power purchase agreement is a specific and bespoke funding tool that enables Engenera’s clients to install a sustainable energy solution with no up-front costs, and with the added benefit of having the system fully maintained by a team of highly skilled and qualified Engenera engineers.
Under such an agreement, energy prices are fixed for up to 25-years – rising only with inflation – and contracts are fully transferrable, should a business ever be sold during the contract period.
Assessing the company’s energy output, input and roof orientation, Engenera calculated a Solar PV system of 300 kW was the best solution. The system Engenera installed included 811 Longi 370w modules, top of the range Solis inverters, and its own Energy Logix monitoring system.
The design for the project was then approved by Prologis, the current landlords of the DC429 building used by Eddie Stobart in Rugby, and one of the largest industrial real estate companies in the world. Installation of the system took less than four weeks.
Engenera’s calculations estimate that the new solar PV system will give Eddie Stobart considerable savings over the next 18 years.
Jamie Morrison, Chief Commercial Officer, Engenera Renewables Group, said: “It is our passion, here at Engenera, to enable businesses across the UK to install renewable energy solutions in order to reduce energy costs, produce cleaner energy and ensure they have capital for use in other areas. We are proud to be working as a renewable energy partner with Eddie Stobart and to have helped them commence this journey to a more sustainable future – both in terms of business costs and carbon footprint.”
If you would like to find out more about Engenera’s range of products, click here.
