Partner Article
Romag cheers Government scheme
One of the largest players in the region’s renewable energy sector is gearing up for a surge in orders following news of a government-led scheme to cut power usage.
County Durham-based specialist glassmaker Romag said it was delighted by today’s launch of a new initiative from the Department of Energy and Climate Change (DECC).
The Government has announced plans for a clean energy cash-back initiative which will reward households and businesses for using solar panels and photovoltaic installations to generate power.
The new tariff gives energy users a payment for every kWh of electricity generated by a photovoltaic installation.
The County Durham plc makes glass and plastic composites for renewable energy, security, transport and architectural applications.
Chief executive Lyn Miles said the new tariff could provide a huge boost to renewable energy businesses across the country.
Romag will look to take advantage of the new feed-in-tariff and is currently constructing a photovoltaic installation at its headquarters, which will be the largest of its kind in the country.
Ms Miles said: “We are delighted by today’s feed-in tariff confirmation, which provides a real boost for the UK solar energy market, bringing it into line with mainland Europe, and comes at a particularly exciting time for Romag.
“Our new product developments over the last year coupled with our agreements with Kingspan and British Gas position us well and we are very excited about the future of UK Solar PV and the role Romag will play in this.”
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The missing piece of the puzzle in the NEET crisis
The North East investment story needs two engines
We must forge change to close the skills gap
Creating the conditions for North East talent to thrive
Time to end London monopoly on arts talent
Why local government is key to devolution success
Your reputation is worth more than that invoice
There is no perfect time when selling a business
What next when social media career help goes?
The psychological contract that nobody signs
Time for strategy built on the foundational economy
Why being ‘work-ready’ matters more than ever