Flogas has revealed plans to deliver €50m-worth of solar energy projects over the next five years to large Irish businesses through its new solar as a service (SaaS) offering.
The SaaS offering will enable Irish businesses to harness the power of rooftop and ground mounted solar panels on their premises without any capital investment, significantly reducing their energy bills and carbon footprints.
Flogas aims to install around 50MW of solar capacity across approximately 100 large businesses.
This move is expected to generate about 50 gigawatt-hours (GWh) of clean energy annually.
This initiative is part of Flogas’ parent company, DCC’s “Cleaner Energy in Your Power” strategy, which focuses on expanding its renewable energy business.
The strategy aims to reduce customer carbon emissions by 50% by 2030 and supports DCC’s commitment to advancing sustainable energy practices across Europe, in alignment with the EU’s Green Deal target of achieving net zero greenhouse gas emissions by 2050.
Flogas is partnering with Alternative Energy Ireland (AEI) and Wewise, both sister companies within the DCC group, to deliver a comprehensive solar solution for the Irish market.
AEI will manage the installation and ongoing management of the solar installations, ensuring they achieve 90% of their expected energy output annually, with the added benefit of real-time monitoring.
Wewise, will provide tailored financing arrangements, making on-site solar energy accessible to large businesses without upfront costs.
“This investment is central to Flogas’ strategy to lead in renewable energy and sustainability across Ireland,” said Barry Murphy, Energy Services and Renewables Director, Flogas.
He added: “It supports our vision of becoming a green energy leader by driving the adoption of Solar as a Service among large businesses, ultimately reducing carbon emissions and energy costs while contributing to Ireland’s climate goals.”
“Solar as a Service offers numerous benefits, including zero upfront costs, significant energy savings, reduction in carbon footprints, a single monthly fee, and a service level agreement for the duration of any contract.
“This model enables businesses to leverage solar energy without the financial burden of purchasing and maintaining the technology,” said Steven Bray, Managing Director, Alternative Energy Ireland.
The focus on large businesses aligns with the national goal of decarbonising the Irish commercial sector, crucial for meeting the overall reduction in emission targets for 2030 and 2050.
The SaaS service is particularly suitable for large energy users requiring systems of over 150kW.
Suitable roof or land space on site will be required and reviewed during detailed site survey phase in project.