Published: 21 Oct 2021, 12:13
The cost of solar has fallen dramatically in recent years, further bolstering the financial case for businesses adopting the technology. Image: Enzen.
Enzen has unveiled three new solar finance offerings to help businesses embrace solar amidst rising energy prices.
The self-funded, fully funded and asset finance provisions all include full design installation and operational maintenance.
The fully-funded option offers a zero-CAPEX solution through a long-term power purchase agreement (PPA), delivering up to 30% savings on current energy bills for a fixed period, the company said.
“To stabilise energy supplies and drive down emissions, renewable energy rollout must become a priority for governments and corporates, not only to meet net zero targets but safeguard against future fluctuations in energy prices and market instability,” said Joanne Horrigan, head of smart cities and renewable solutions at Enzen.
“Solar is one of the quickest ways to make a large reduction in carbon footprint and improve business resilience by reducing dependency on grid energy and risk from price volatility. With the price of solar dropping, and its performance improving due to significant technology gains in recent years, it’s the perfect time to start exploring these options.”
The launch comes during a turbulent period in the energy market, with wholesale prices jumping to record highs largely due to a global gas shortage. This has had a significant impact on the energy sector, including leading to the collapse of many small suppliers.