A group of business leaders visited environmental company Kingspan recently to view the plant and hear about solar grants available.
The group from the Energy Institute’s Northern Ireland branch, including representatives of Almac, toured the Gilford Road plant, which is the UK’s largest site for the manufacture of solar thermal technology.
Eamon Clarke, technical sales manager with Kingspan Solar, informed leaders about the non-domestic Renewable Heat Incentive (RHI) for businesses, which entitles commercial proprieties to 20 years of quarterly payments for installing solar thermal technology.
He said, “As one of the most cost-effective and environmentally-friendly renewable energy solutions available, the business case for solar thermal makes sense.
“However, with the added bonus of the non-domestic Renewable Heat Incentive (RHI), businesses in the commercial, agricultural and industrial sectors that use a high volume of hot water could be saving thousands of pounds per annum on their hot water requirements.”
Kingspan Solar manufacture the market-leading Thermomax and Varisol products. Designed and manufactured specifically for a northern European climate, more than 14 million have been installed worldwide.
Said a Kingspan spokesman, “With the introduction of the non-domestic Renewable Heat Incentive, businesses now have an additional reason to avail of solar thermal technology.
“In addition to generating their own free energy, businesses can protect themselves from future fuel price rises, reduce their carbon footprints, reduce their energy bills and avail of the renewable heat incentive payments over a 20-year period.”
The non-domestic Renewable Heat Incentive is administered by Ofgem with tariff rates and policy set by DETI. Installations that took place prior to the launch of the non-domestic RHI (November 2012), dating back until 1 September 2010, will also be eligible to apply for accreditation under the scheme.
The Kingspan Environmental division operates in a number of sectors including domestic, commercial, agricultural, industrial, transportation/logistics and municipal.