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Bondholders work together to deliver energy and carbon savings
Bondholders work together to deliver energy and carbon savings
4th November 2014

Bondholders, Velocity Composites and The Low Carbon Energy Company, have worked to deliver significant energy and CO2 savings to Velocity’s rapidly expanding business.

The Low Carbon Energy Company have installed a 70 kW solar PV installation at Velocity’s facility on the AMS business park. The system will generate around 56,000 kWh hours of electricity a year and save approximately 34 tonnes of carbon each year.

Velocity director, Gerry Johnson, explained:

“Whilst we already occupy a modern, energy efficient building we are always looking for ways to save more energy and reduce our carbon footprint. Our aerospace clients rightly demand that we constantly looking to improve efficiency, which is why we decided to work with The Low Carbon Energy Company.

“Solar PV matches our targets perfectly and during the summer months, when our air conditioning is running at maximum, we are generating large amounts of electricity to offset the cost. With the incentives currently in place, solar offers us a fantastic return on investment for the next twenty years.

“We chose fellow bondholders, The Low Carbon Energy Company, because they came highly recommended. Simon, the Commercial Sales Manager, has helped us right through the process and we have seen not a minutes disruption to our business. It has been a pleasure working with the company and Simon was always on hand at every stage.

The Low Carbon Energy Company Commercial Sales Manager, Simon Warrington, added:

“We have a had a great experience working with the directors at Velocity Composites. They are clearly a company going places and the addition of this solar PV system will help them maintain their position as leading providers into the aerospace industry.”

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  • East Lancashire Chamber of Commerce
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