Glasgow-based SPV Energy (a trading division of Solar PV Energy Solutions) has been awarded the title of ‘Solar PV Installer of the Year’ at the Scottish Regional Energy Efficiency & Retrofit Awards, part of the UK awards for the energy saving and efficiency sector.
The announcement comes as the UK industry welcomed the recent decision by Chancellor George Osborne’s decision to amend the Finance Bill giving the Treasury the power to overturn the EU’s VAT rules forcing solar panel providers to pay an increase of 5% VAT to 20% in August this year.
Commercial Director Jim O’Brien, a former Partner with St James’s Place Wealth Management, and partner John Gorman run the Shettleston based company which was responsible for the installation of 4000 Solar PV panels on the 700 sustainable energy homes at the Athletes Village in the city’s East End.
Solar Photovoltaic (Solar PV) systems generate ‘free’ daytime electricity for properties reducing energy bills for tenants. The Athletes Village, which recently won ‘Best Green Initiative’ at the Homes for Scotland Awards, has generated a Feed-In-Tariff of around £135,000 per annum.
The company, which was also nominated for RHI Installer and Large Scale Project categories, will now be considered for the UK title at an awards ceremony to be held in Birmingham, and hosted by Joanna Lumley, OBE, in September.
SPV Energy has grown from a start-up business in 2011 to one with a turnover of £2.8 million employing 35 local people. The business recently doubled the size of its in-house call centre and provides training for all staff in partnership with local providers such as South Lanarkshire College.
Solar PV panels convert the sun’s energy into electricity which powers the home and exports excess electricity into the national grid. On average they can generate up to three quarters of a household’s electricity. The company’s panels are manufactured in Austria and Germany.
Jim O’Brien, Commercial Director, SPV Energy, said, “It’s a fantastic achievement for the business and all our staff especially when the industry has gone through so much change in the past year or so. We are a challenger brand within the energy sector and are proud of the work we have delivered on behalf of householders, housing associations and commercial clients.
“We have ambitious plans to develop the business further by offering other energy saving products and services and are considering opening a new Highlands office to develop our biomass heating systems for large commercial buildings especially within the agricultural sector which is experiencing positive growth.”