Sunday, November 17, 2024

Yorkshire renewables business continues acquisitive expansion

Cleantech business Green Building Renewables (GBR) has expanded its UK nationwide network into Hampshire and onto the South Coast by acquiring Solar Voltaics – the eighth renewables company to join the York-headquartered business.

By joining Green Building Renewables’ fast-growing network, Solar Voltaics helps increase the company’s annual turnover to £35 million. The merger will also help create jobs in the region.

Green Building Renewables offers a range of renewable technology solutions through its growing network of local energy experts. It provides Air and Ground Source Heat Pumps, underfloor heating, solar PV, EV charging, and battery storage.

The decision to expand onto the South Coast comes as part of Green Building Renewables’ strategic vision to extend the benefits of solar energy to communities across the country.

Managing Director of Green Building Renewables, Chris Delaney, said: “The pedigree of Solar Voltaics’ work precedes it. The reputation of the company and the quality and scale of the work it has done in the region is incredible, and I am delighted to have them join the Green Building Renewables family and network of regional offices.

“We continue to grow our nationwide network by acquiring respected and reputable businesses like Solar Voltaics. We welcome the Nutbourne team to ours. The South Coast is known for its rich natural beauty and vibrant communities, making it an ideal location for Green Building Renewables to expand.

“We want to expand upon the excellent work of Solar Voltaics and help empower businesses and residents alike in the region to switch to clean energy, reducing their carbon footprint and benefiting the environment.”

Solar Voltaics was founded by Michael Turner, a successful local entrepreneur and businessman. Michael has ten years of experience in the aerospace materials industry with Rolls Royce plc and British Aerospace. He founded the company in 2010 and has helped grow the company to success over the last twelve years.

On joining Green Building Renewables, Michael said: “I am extremely proud of what the team at Solar Voltaics has achieved since I founded the company.

“Our mission has always been to ensure customers understand how solar PV technology can work for them, how it is installed and what financial benefits they can expect from an installation designed to their specific requirements and budget.

“The vision of Green Building Renewables matched our own, and we’re delighted to become a part of their network when renewable technologies and alternatives to fossil fuels have never been more needed.

“We pride ourselves on ensuring that customers are completely satisfied with their decision to adopt Solar PV technology, and we adhere to a strict code of conduct to provide high levels of reassurance that their systems will perform as expected for many years.

“Our team provides quality service and work; joining Green Building Renewables and becoming part of something bigger is a fantastic opportunity for them to share our combined skills further. Green Building Renewables allows the team to offer more services and products to our customers in the region.”

In due course, Solar Voltaics will rebrand to Green Building Renewables as it becomes a part of the company’s nationwide network of local renewable technology installers and helps recruit new Solar PV installers and heat pump engineers nationwide.

Green Building Renewables is an Efficient Building Solutions business. Philip Fellowes-Prynne, Efficient Building Solutions CEO, said: “Efficient Building Solutions’ mission is to lead the UK’s transformation to efficient, sustainable buildings.

“Green Building Renewables’ rapid growth and expansion in the last 18 months, from a turnover of £3m to £35m, reflect the demand for low-carbon and renewable technology in the UK. Chris and his team are building a network of renewable experts that we believe will be unrivalled in the UK for their combined experience and knowledge.

“We seek suitable businesses to acquire and join the Green Building Renewables network. We aim to be the largest renewable installation business in the UK by 2024, with a turnover of £100m. Solar Voltaics is exactly the type of company we want to become a part of our business.”

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