Howco Group Makes Three-Quarters of a Million Pound Investment

As a world class manufacturer and worldwide distributor and processor of high-performance alloys and components, Howco Group is deeply involved in the energy sector and has a keen interest in power generation from sustainable sources.  Howco has developed an ambitious Net Zero strategy which will see it achieve carbon neutral status by 2050. 

This spring, it will make a significant stride towards that goal with a three quarters of a million pound investment in a Solar Photovoltaic Energy System which will be installed on its Sheffield (South Yorkshire) and Cumbernauld (North Lanarkshire) sites. 

The solar panels, which will be installed in England and Scotland alike by Centreco (UK) Limited, will have a significant impact.  Projections confirm that the system will generate 18.3 million kWh of energy over the next 25 years. This cleaner energy will not only help to increase the sustainability credentials of both sites and reduce its carbon emissions, but will also help Howco to offset perpetually increasing energy costs. 

The investment made in installation will be paid back in cost savings within a three-year window, across both sites. 

Andrew Marwood, Director of Group Operations said, “Reaching net zero is an important objective for Howco Group. Given the sheer volume of roof space we have at our Sheffield and Cumbernauld facilities, investing in a Solar Photovoltaic Energy System was the natural choice. This is a substantial financial investment in sustainability and one that we are confident will benefit Howco Group and its clients in the years to come.” 

“In addition to driving down our carbon footprint and reducing our reliance on traditional energy sources, the use of renewable energy means that we’ll also be able to offset some of the recent energy price increases. We’re pleased to be able to pass on those savings to our clients in the form of competitive pricing.” 

Installation is scheduled to begin in May 2024. For updates, visit: www.howcogroup.com/news

Tel:                 0114 244 6711
Email:             salesteamsheffield@howcogroup.com 
Website:         https://www.howcogroup.com/

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