Treveth seeking joint venture partner for local energy grids in Cornwall
Treveth is seeking a joint venture partner to implement local renewable energy grids for heat and power in its residential and commercial developments across Cornwall.
The move is part of Treveth’s ambition for carbon neutrality by 2030. The business is a partnership company set up by Cornwall Council to deliver new homes and commercial development to benefit people who live and work in Cornwall.
The 185 homes scheme that Treveth is building at Tolgus, Redruth, is already leading the way in being designed to be zero carbon ready and low in embodied carbon. Treveth now wants to work with a partner to further enhance the provision of integrated renewable energy technologies, initially focused on residential development but with future opportunities for commercial and mixed use schemes.
Greg Slater, Treveth’s Head of Design, Decarbonisation and Environment, said: “This is a really exciting opportunity in the new build housing sector and we’re looking to integrate a range of renewable technologies in our developments. We have committed to not using fossil fuelled heating and are already including solar panels and air source heat pumps that can help reduce our residents’ exposure to high energy costs. This partnership opportunity is intended to further enhance the use of renewable energy through the use of smart grid technology with opportunities for heat networks also in the pipeline.
“Local energy grids – or private microgrids – can help drive operational carbon out of new developments, create a security of supply and help insulate householders against the cost-of-living shocks we are seeing in the market right now. And by harnessing renewable energy we can make the most of Cornwall’s abundant natural resources.”
The partner organisation must have expertise to take on the design, build, administration and operation of microgrids, with knowledge and experience of renewable energy and storage components. Treveth is willing to wholly or part invest in the infrastructure to be delivered by the joint venture.
Register your interest
Interested companies are invited to join an online event on 8th September at 10am to find out more. It is being is hosted by Planet A Solutions CIC on behalf of Treveth. The Treveth team will give a presentation on the company’s ambitions and the scale of the investment opportunity in Cornwall, which includes 250 new homes and 5,000 sq metres of commercial space per year. Planet A will outline the microgrid feasibility progress to date, followed by a Q&A session.
Following the event, an engagement questionnaire will be released for those who wish to progress their interest in becoming a joint venture partner.
Companies can register for the online event on 8th September here.