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Oxford Bus Company solar PV installation biggest in Oxford

 

This week Oxford Bus Company completed the installation of their solar panels on the Bus Company roof in Cowley. At 140kW, it will be the biggest solar PV scheme in Oxford.

The Oxford Bus Company are the first Oxfordshire business to develop a renewables project with community benefit in partnership with the Low Carbon Hub. The Bus Company roof – an otherwise wasted asset – will now provide the company with low cost electricity; investors a fair return; and the Low Carbon Hub an income stream to support and fund community energy projects across the City and County.

 

Full press release below:

The 140kW solar PV scheme on the Bus Company roof in Cowley will be the biggest in the City.

At 12 noon on the 25th September 2013, Finance Director Luke Marion and installers Joju Solar will secure the last panel.

 

The Oxford Bus Company are the first Oxfordshire business to develop a renewables project with community benefit in partnership with the Low Carbon Hub. The Bus Company roof – an otherwise wasted asset – will now provide the company with low cost electricity; investors a fair return; and the Low Carbon Hub an income stream to support and fund community energy projects across the City and County. This innovative way of working has received backing from David Cameron in a letter of support to the MD:
“I am delighted to hear that the Low Carbon Hub is now scaling up its impact by inviting forward-thinking companies to develop….renewables under a community benefit model….I sincerely hope other Oxfordshire businesses will follow…and I hope we will be able to use Oxfordshire as a showcase that will inspire replication across the UK”.

 

The Low Carbon Hub is a social enterprise that works to reduce carbon emissions across Oxfordshire by developing renewable energy projects for the benefit of local communities. Most recently, the Low Carbon Hub supported Osney Lock Hydro to launch and market their share offer for the first community-owned hydro scheme in Oxfordshire. The scheme, currently under construction, will generate 159,000kW of renewable electricity in the heart of Oxford, enough to power 50 homes, and save 83 tonnes of carbon per year. The income from the sale of electricity and the feed-in tariff will give investors a financial return and will generate at least £2 million to support local environmental projects during its first 40 years. The Hub pipeline of community renewable schemes includes eight micro-hydro installations along the Upper Thames and solar photovoltaic schemes on community buildings (schools, churches and village halls). Renewable schemes with forward-thinking businesses, like the Oxford Bus Company, will enable the Low Carbon Hub to scale up community energy across the county and help achieve current targets of 40% carbon reduction by 2020 (Oxford City Council) and 50% by 2030 (Oxfordshire County Council). The Hub are now looking for other local business partners with assets that could be developed.

 

Barbara Hammond, CEO of the Low Carbon Hub said:

“We are pleased to be working with Oxford Bus Company on this innovative project and hope that other companies will follow their lead.”

 

Sustainability is important to Oxford Bus Company and it is at the heart of everything they do. The Company is a Low Carbon Oxford pathfinder and has committed to reducing carbon emissions by 3% per year until 2020. This first 140kW scheme will generate 122,085kWh/annum and save 1,257.00 tonnes of carbon dioxide over the lifespan of the project. Not only will it contribute to reducing the carbon emissions of the Company but will also help to reduce the carbon emissions of Oxfordshire communities. Oxford Bus Company is the first business in Oxfordshire to adopt the community partnership model for renewable energy projects.

Oxford Bus Company Finance Director Luke Marion said:
“This is a great project to be involved with. Over the years we’ve regularly taken the lead on environmental schemes not just for Oxford but for the bus industry as a whole. We were one of the first companies to fit particulate traps to our buses and to adopt the important Euro low emission standards. It’s not just our buses that are green, our headquarters at Cowley House is one of the most eco-friendly commercial buildings in the city. This project is a natural step for us to take. We’ve been part of life in Oxford for over 130 years and this is another example of our commitment to the local economy.”

 

One of the longest-standing MCS-accredited solar installers, Joju Solar has carried out hundreds of solar installations for home owners, businesses, public authorities and community organisations.

 

Dr. Chris Jardine, Technical Director of Joju Solar said:
“With the costs of solar panels reducing all the time, PV schemes offer an excellent return on investment. They do this by providing a stable Government-backed income stream from the feed-in tariff and by reducing the need to purchase electricity from suppliers at ever-increasing prices. This helps businesses control their overheads and demonstrate their green credentials”.

 

Available for interview:

Barbara Hammond, CEO, Low Carbon Hub

Adriano Figueiredo, Operations Director, Low Carbon Hub

Luke Marion, Finance Director, Oxford Bus Company

Phil Ashworth, Oxford Bus Company

Dr Chris Jardine, Technical Director, Joju Solar

 

For further information contact:

Georgina Matthews | 01865 246099 | 07941 543709 | georgina.matthews@lowcarbonhub.org

 

You can find out more about the Low Carbon Hub by visiting:
http://www.lowcarbonhub.org/

 

You can find out more about the Oxford Bus Company by visiting:
http://www.oxfordbus.co.uk

 

You can find out more about Joju Solar by visiting:

 

http://www.jojusolar.co.uk

 

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