- Greenvolt Group expands its distributed generation operations with the official launch of Greenvolt Next UK.
- The Group is already one of the top five biomass-based electricity producers, with 68.7 MW, and an important developer of Utility-Scale projects, with a pipeline of 209 MW in solar and 58 MW in storage.
- Greenvolt Next UK aims to achieve a project portfolio of 100 MW by 2025, with an initial investment of €20 million, and expand the team to 50 members to support the growing demand from businesses for onsite renewable energy generation.
- In this segment, Greenvolt Next has 450 MWp of signed capacity, 180 MWp installed, and over 2,500 projects across Europe.
The expansion of Greenvolt Next into the UK is part of Greenvolt’s broader strategy to expand its investment in distributed generation across Europe, where it already has over 450 MWp of signed capacity, more than 180 MWp installed, and a portfolio of over 2,500 projects.
Based in Warrington, Greenvolt Next’s UK team is expected to grow to 50 members over the next 12 months, with support from its Irish counterparts, who bring 20 years of experience. The company is currently managing a range of projects, including those for a leading European beverage company, a logistics and real estate developer in Thurrock, a ground-mounted system in Standingfauld, and a major retail store in Wellington.
“The expansion of Greenvolt Next into the UK is a significant milestone in the Group’s strategy, reinforcing our strong commitment to this market, where we are already present through utility-scale and sustainable biomass projects. Establishing Greenvolt Next UK forms part of our plan to grow our pan-European self-consumption platform, bringing proven expertise and a solid track record across multiple European markets to support businesses in their decarbonisation efforts,” says João Manso Neto, CEO of the Greenvolt Group.
Owen Power, CEO, Greenvolt Next UK, is seeing growing demand for decentralised (or onsite) clean energy solutions and says: “Businesses across the board have had to grapple with rising energy costs and for energy intensive sectors like airports, retail centres, manufacturing and pharma, the imperative to bring down costs is even higher.
“In the UK, there is also a strong drive to reduce emissions in line with government targets, and decentralised energy solutions can play a significant part of an organisation’s carbon reduction plan. Finding the right solution varies from business to business, whether it has large industrial units with plenty of roof space for solar panels or is based in a location where wind or heat pumps are most suitable. A tailored approach is essential, and that is precisely what we bring to the market, backed by Greenvolt Group’s international expertise and solid experience, particularly in onsite energy generation.”
