Energy company launches partnership to deliver 3 massive solar projects: 'Further underscores our commitment'
ElectroRoute, a Dublin-based energy trading and services company, has made three Power Purchase Agreements for solar energy projects.
The deals were struck with Innova Renewables, a renewable energy asset manager, investor, and developer, according to Renewable Energy Magazine.
Both companies have the shared goal of fostering a cleaner, greener world.
The three solar projects will have a combined capacity of 61 megawatts. In their partnership, ElectroRoute and Innova Renewables will supply over 60,000 MWh of renewable solar electricity to the U.K.
This aligns with the U.K.'s goal to reach net-zero emissions by 2050. The Office for National Statistics has reported that U.K. non-renewable emissions in 2024 were 54% lower than in 1990.
As planet-warming gases like carbon dioxide pollute the air and trap heat in the atmosphere, solar energy projects like this are pivotal in offsetting the imbalance between natural energy being received from the sun and emitted from the Earth, as explained by the United States Environmental Protection Agency.
Where this pollution-led imbalance exists, weather patterns and overall climate are affected, harming the planet and its inhabitants.
Homeowners interested in playing their role to combat air pollution while significantly lowering their personal energy bills could install rooftop solar panels, which can lower individual energy bills to $0. EnergySage enables consumers to compare quotes for free and could save $10,000 off solar installations.
These savings, combined with solar energy's eco-friendly benefits, make clean energy a worthwhile investment for any community or individual.
The committed roles ElectroRoute and Innova Renewables are playing in the U.K.'s fight for a clean planet will make a significant difference.
Per Renewable Energy Magazine, chief commercial officer at ElectroRoute Brian Kennedy said, "This partnership reflects the trust placed in ElectroRoute's expertise in energy trading and risk management and further underscores our commitment to supporting the renewable sector with innovative and dependable trading solutions."
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Yahoo
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41 minutes ago
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We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment Disposable Plates Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
