Refrigeration firm launches green energy division
A MERSEYSIDE company which installs fridges into vehicles and commercial units is launching a new business selling renewable energy equipment.
CB Transport Refrgeration of Knowsley, which has a turnover of £2m, has launched CB Renewables selling ground and air source heat pumps, solar photovoltaic panels, underfloor heating and energy-saving building controls systems.
Managing director Kevin Collins said: Since we started diversifying the business ten years ago, with our expertise in engineering and problem solving, green energy was a natural progression for us.”
Mr Collins said that with increasing pressure from governments on firms to reduce their carbon footprint, more people are taking advantage of schemes such as Renewable Heat Incentive (RHI) and Feed in Tariff (FIT).
He said: “Prices of oil and gas are constantly rising, so now more than ever it makes sense to invest in renewable energy. Return on investment in some cases can be seen within 12 months depending on what system is in place and the energy saved can be measured immediately.”
He added that the company had invested around £70,000 in the new busines.