Energy Now Expo 2013 starts with a bang in Telford
RBS release figures showing lending for renewables projects is at its highest in the Midlands on day one of Energy Now Expo 2013.
The Royal Bank of Scotland have released figures showing that the Midlands is leading the way in renewable energy lending as the Energy Now Expo hits Telford for its two day event, showcasing renewable energy options to farmers and landowners.
Dick Strawbridge at Energy Now Expo
With lending figures of £9.73 million for the Midlands, it shows that there is strength and a positive outlook with regards to renewable energy in the region. Figures show that in the Midlands alone, lending for Photovoltaic projects was £2.07m across 22 projects and £5.06m across 12 wind turbine installations, the remainder was made up of other renewables-classified projects.
Total lending figures for the UK reached £25 million in the past twelve months, with the Midlands ranking top, followed by Scotland, the North and South West.
David Jacobmeyer, Energy Now Expo organiser said: “It is fantastic, but not surprising, to hear that the Midlands is in such a strong position in the industry with people being proactive in investing in renewable energy. I’m certain that the region’s high concentration of farmers and landowners are one of the key reasons for this trend. Energy Now Expo 2013 started yesterday on a high and these new figures from RBS show that the renewable energy industry is going from strength to strength.”
John Moore, managing director of Windcrop, said “This is our third year of exhibiting at Energy Now Expo. We have had lots of interest proving that small wind is a popular choice for the agricultural community. We pride ourselves on providing a hassle free process by taking on the planning and using our innovative installation technology to minimise disruption and this is proven a popular choice here at Energy Now Expo.”
Wednesday’s expo highlights included:
• The wind panel which featured Stephen Norman, Senior Wind Energy consultant from the Met Office and Windcrop managing director, John Moore
• Discussions regarding on-farm energy savings from dairy farmer, Malcolm Fewster
• Young farmer competition winner, James Wilkes from Hartville, presented “Combining technologies to achieve maximum output”
With 160 exhibitors and presentations from TV presenter Dick Strawbridge, Ian Burrow, Head of agriculture & renewable energy at NatWest Bank and DECC deputy director Charles Phillips, Thursday’s event is set to be just as jam packed, providing visitors to the expo with a wealth of information and guidance.
The expo is open from 8.30am on Thursday at the Telford International Centre. For a full programme of speakers on Thursday please see www.energynowexpo.co.uk.
