Shropshire manufacturer goes green with solar investment

A Shropshire manufacturer is set to make a dramatic saving in its running costs thanks to a £160k investment in solar power.

Part of the £160k solar installation at FSP that will power its Telford factory
Part of the £160k solar installation at FSP that will power its Telford factory

Fabweld Steel Products (FSP) has added 465 solar photovoltaic panels to the roof at its Madeley headquarters in a bid to reduce the amount of electricity it draws and pays for from its energy supplier.

It is estimated that the firm, which manufactures drainage and access covers, will power its factory with 90 per cent of the electricity it generates with the remaining 10 per cent being sold back to the national grid.

FSP has joined the growing list of forward thinking companies that see the benefits of installing Solar PV. As well as saving more than 50 tonnes of carbon per year, the equivalent of planting more than 2,000 trees, the company has also hedged a good percentage of its electrical consumption against the ever-rising costs of electricity.

The installation was carried out by Wolverhampton based Ace Solar Energy, which installed five systems consisting consisted of four 30kwp and one 10kwp, giving a total capacity of 130,000kwp.

FSP Managing Director Richard Hilton said: “As a busy manufacturer, we operate a large volume of machinery and electricity accounts for a large portion of our fixed running costs.

“We wanted to make a long term investment into generating our own electricity and also take advantage of the opportunity to register for the Government’s Feed-In-Tariff which was due to close to new applicants.

“Once we had decided to proceed with the project, we had to work quickly with Ace Solar Energy to meet the deadline with the installation completed just two days before the closing date!”

Richard added: “The solar PV system will make a huge difference to our monthly outgoings and also give us an income from the power that we send back to the grid. We are delighted with the levels that we are set to achieve.”

Martin Brown from Ace Solar Energy added: ‘’We were approached by Richard to design a PV system that would optimise the energy usage and returns and, by installing multiple systems, more than 50 per cent of the yearly daytime energy consumption will now come from sun.

“What impressed me was that everyone at FSP was totally on board with the concept of solar and were genuinely interested in reducing their carbon footprint.’

“Solar panels still provide an excellent return on investment and are a reliable and green source of energy, which help companies reduce their carbon footprint and insures against rapidly rising energy costs.’’

Shropshire Business News sponsored by...
Shropshire Live Business
The latest Shropshire business news from the Shropshire Live team. Send us your business news to business@shropshirelive.com. Interested in advertising with us from just £50 per week? Call Fiona on 01743 816 817 or email sales@shropshirelive.com.
- Advertising -

Featured Articles

Shropshire Oktoberfest returns to Shrewsbury

The huge beer tent for Shropshire Oktoberfest is due to return to Shrewsbury’s Quarry Park on the 4 and 5 October 2019.
aico building

Aico Open Day to welcome local community and employees

Aico, the Market Leader in domestic Smoke and Carbon Monoxide Alarms, will be relocating in October 2019 to a brand-new purpose-built three storey building in Oswestry.

Councillors approve £14m funding and land transfer for new homes

Shropshire Councillors have today agreed £14 million funding and the transfer of land to enable its new wholly-owned local housing company to start building homes.
Councillor David Wright, Telford & Wrekin Council's cabinet member for Housing, at a stalled site with Gavin Ashford, the council's Strategic Planning Team Leader. Photo: Telford & Wrekin Council

Telford & Wrekin Council secures £3.7m grant to help build new homes on brownfield sites

Telford & Wrekin Council has secured a £3.7m grant from the West Midlands Combined Authority to kick start the building of new homes on stalled brownfield sites across the borough.

Hospital Trust commended for good practice by national programme

Areas of good practice at The Shrewsbury and Telford Hospital NHS Trust (SaTH) have been highlighted by a national NHS clinical improvement programme.
Zara Gregory, Sally Compson-Lea, Marcin Makarewicz, Tom Hardwidge, Daisy Watkins. Middle J Baker, Albert Makarewicz, Jessica Compson-Lea, Harry Lea. Front Evie Dennis and Anna Bradford. Not pictured but also successful - Ellie Yeomans and Lewis Crook

Gold medals, world champs, new belts at Bridgnorth Tae Kwon-Do

Hard-working martial artists at Bridgnorth Tae Kwon-Do have been training hard at their base at Oldbury Wells School and are reaping the rewards.

Match Report: Shrewsbury Town 4 – 3 Southend United

Shrewsbury Town doubled their goal count for the season last night as they edged a 4-3 thriller against beleaguered Southend United.
Jack Draper in action. Picture courtesy of Getty Images for the LTA

Rising British stars set to compete in top Shrewsbury tennis tournament next week

An exciting line up of rising British tennis stars is set to compete in next week’s Budgen Motors ITF World Tour M25 Shrewsbury tournament.
- Advertising -
Salop Leisure’s marketing manager Ed Glover (left) with Shrewsbury Town in the Community’s head of community Jamie Edwards, partnerships and events manager Ceri Nicholls and staff

Salop Leisure renews support for Shrewsbury Town in the Community

Salop Leisure, which was the first business to sign up as a ‘friend’ to support Shrewsbury Town in the Community three years ago, has just renewed its partnership pledge.
Rowena Grundy

New Marketing Executive at Hunter Bevan

Oswestry-based marketing and design company Hunter Bevan Ltd has appointed Rowena Grundy as Marketing Executive.
Alan Roberts with Anna Sadler, from the Marches Growth Hub Shropshire, at the Wem event

Let’s Do Business roadshow heads to Ludlow after Wem success

Experts are taking a business roadshow to Ludlow after a hugely successful event in Wem.
Jill at work in her studio

Shropshire glass artist celebrates reaching award finals

A Shropshire artist is celebrating after reaching the regional finals of the Rural Business Awards.

Project aimed at helping Shropshire Children in Care Launched by Shrewsbury Town in the Community

Shrewsbury Town in the Community has teamed up with Children in Need for a new project for Shropshire children in care.
One of the many photos on display at the exhibition. Photo: Dave Bagnall

Ironbridge towers seen through the lens at photography exhibition

As time ticks away before the iconic Ironbridge cooling towers are demolished, an exhibition showing pictures of the landmark through the years will be on display during the Festival of Imagination.
- Advertising -
John Lennon with his fellow Beatles as global fame beckoned. Photo: Terrence Spencer

Lennon film director in Shropshire for Shrewsbury Beatles Weekend

A top film director will be in Shropshire this weekend to talk about one of the world’s most influential songwriters.
The cast of Aladdin at Shrewsbury's Theatre Severn. Photo: Chris Pritchard

Theatre Severn pantomime Aladdin to take audiences on a magic carpet ride of fun

The cast of Aladdin at Theatre Severn has been unveiled as the venue prepares to repeat the success of last year's pantomime Mother Goose.
Councillor Rae Evans with the Jack and the Beanstalk cast. Photo: Telford & Wrekin Council

Telford’s Jack and the Beanstalk panto to offer something for the whole family

Jack and the Beanstalk at The Place will offer something for the whole family this Christmas as Telford's 20th pantomime is celebrated.
Shropshire Oktoberfest

Reusable beer cups to be launched at Shropshire Oktoberfest

Over 150 different real ales are to be served up in reusable beer cups at Shropshire Oktoberfest which takes place on October 4 and 5.
James Sherwin is the founder and owner of Wild Shropshire Restaurant, located at Tern Hill Farmhouse in North Shropshire

Double win for Wild Shropshire Restaurant at The Restaurant Awards 2019 Midlands Edition

Wild Shropshire Restaurant, Tern Hill, has been picked as a winner in two categories in the inaugural Restaurant Awards 2019 Midlands Edition.
Salopian Brewery are celebrating their award win

International Beer Challenge success for Salopian Brewery

Salopian Brewery is celebrating following success at the 2019 International Beer Challenge.
- Advertisment -

Featured Articles

Weather

Shropshire
clear sky
10.8 ° C
13.9 °
6.7 °
87 %
1.2kmh
0 %
Fri
19 °
Sat
20 °
Sun
17 °
Mon
17 °
Tue
14 °
- Advertisment -
- Advertisment -

Latest Articles

- Advertisment -