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Noviniti Solar Brochure

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THE NOVINITI<br />

SOLAR SOLUTION


Funding<br />

Solutions<br />

Tailored To<br />

The Public<br />

Sector<br />

4<br />

Welcome<br />

7 The <strong>Solar</strong> Opportunity Options<br />

4 Our Vision<br />

8 The Science<br />

5 Our Values<br />

9 Our Model<br />

6 Your noviniti <strong>Solar</strong> Solution<br />

10 The Benefits of <strong>Solar</strong> Array


4 | Funding solutions tailored to the public sector<br />

Welcome<br />

Our Vision<br />

noviniti is an innovative and solutions driven developer<br />

working in partnership with the public and private sectors and<br />

leading blue-chip organisations. Our mission, put simply, is to<br />

bring high quality building solutions to our clients that deliver<br />

architectural impact and functionality – underpinned with<br />

tailored financing solutions.<br />

We work with our clients to understand their needs and<br />

develop solutions to deliver exceptional facilities that<br />

transform their estate. Our team works collaboratively and in<br />

partnership with our clients to deliver best value solutions both<br />

architecturally and financially. noviniti manages every aspect<br />

of a development project including design, planning, legals and<br />

contracts.<br />

Our vision is that our name and our<br />

reputation should be congruent with the best<br />

in our sector. We have a valued reputation<br />

for transparency; being as good as our word;<br />

professionalism and an enviable breadth and<br />

depth of experience. That experience can<br />

be counted in terms of years in the sector or<br />

knowledge of the business – and that’s over<br />

one hundred and twenty years. Our vision<br />

is that we bring all that experience to every<br />

client and to every development.<br />

We are committed to pioneering new technologies and<br />

developing funding models to deliver often complex real<br />

estate projects. We believe that our developments should be<br />

ecologically friendly, commercially sustainable, energy efficient<br />

and should have a positive impact upon the people who use<br />

them and the environment in which they are built.<br />

Our<br />

Values<br />

Our values are simple – respect, openness,<br />

honesty, transparency, integrity and being a good corporate<br />

citizen. noviniti is governed well and through that we take the<br />

stewardship of our client’s development projects very seriously.<br />

We have an improvement culture. We see the efficiency of doing<br />

things right and the effectiveness of doing the right thing.<br />

Funding solutions tailored to the public sector | 5


6 | Funding solutions tailored to the public sector<br />

The <strong>Solar</strong> Opportunity Options<br />

noviniti, together with our solar provider, are able to design, fund and implement a solar solution as part of a<br />

new development or on an existing site. Installing solar panels is one of the best ways to lower electricity bills and<br />

decrease the carbon footprint. <strong>Solar</strong> arrays can be installed in numerous locations where there is adequate sun<br />

exposure. The solar options include:<br />

Your noviniti <strong>Solar</strong> Solution<br />

At the heart of our organisation, we believe that our developments should be ecologically friendly, commercially<br />

sustainable, energy efficient and each should have a positive impact upon the people who use them and the<br />

environment in which they are built. The systems and processes we put in place today will have far-reaching<br />

implications for future generations to come.<br />

Working with the public sector, we understand our shared goal of striving to achieve a net zero position. Our<br />

infrastructure developments allow us to modernise the solutions on site creating the opportunity to support an<br />

organisation’s CSR strategy. To support the public sector in reducing their carbon footprint, noviniti has expanded<br />

our portfolio of solutions we offer our clients with the introduction of solar energy provision.<br />

• On the top level a new multistorey<br />

car park or decked car<br />

park as part of an existing or<br />

current noviniti project. Car<br />

park roofs are usually sizable<br />

areas that receive plenty of<br />

sunlight throughout the day,<br />

making them efficient locations<br />

for solar installations. The direct<br />

overhead location means they<br />

can also double as shades in<br />

uncovered car parks, protecting<br />

vehicles from harsh sunlight and<br />

heat.<br />

• On the roof of a building, for<br />

example on a hospital Main<br />

Entrance. Rooftop arrays are the<br />

most common type of solar panel<br />

system. These arrangements<br />

mount directly to the roof, ideally<br />

on a south-facing slope, however<br />

rooftop systems are installable<br />

on any roof with adequate space<br />

and sun exposure<br />

• Ground mounted on an area of<br />

land or on an existing building<br />

within close proximity to where<br />

the electricity would be required.<br />

These mounts allow for multiple<br />

solar panels in an area that gets<br />

the most sun. Ground mounts<br />

can also be linked to rooftop<br />

arrays to fully maximise solar<br />

energy collection and reduce<br />

reliance on grid power.<br />

Using noviniti’s standard leasing structure, the implementation of the solar arrays and associated contracts can<br />

be implemented without the requirement for a full procurement process.<br />

Funding solutions tailored to the public sector | 7


8 | Funding solutions tailored to the public sector<br />

The Science<br />

Our Model<br />

A solar photovoltaic (PV) array is a group of connected modules (panels) designed to collect and convert sunlight into<br />

energy. To create solar energy, sunlight needs to hit the panels’ photovoltaic cells. The sunlight sets electrons in motion<br />

producing direct current electricity, which can be used to power various devices or be stored in batteries.<br />

noviniti will work with you and our solar providers to identify suitable sites,<br />

model the energy generation and decarbonisation potential<br />

The location of the panels affects the energy production with south facing panels delivering the maximum output<br />

(though east or west facing systems also provide ample energy).<br />

Our design team will create initial feasibility plans for internal board approval<br />

through to full drawing packs for planning and legal documentation<br />

All equipment supplied will be ethically sourced within the supply chain<br />

noviniti, together with our funding and solar partners, will provide the necessary<br />

capital to fully fund the project, from conception through to completion<br />

The scheme is installed and the benefits of clean, green energy are realised<br />

The solar provider’s commitment will include ongoing maintenance,<br />

replacement and management of the equipment for the term of the lease<br />

Funding solutions tailored to the public sector | 9


10 | Funding solutions tailored to the public sector<br />

The Benefits<br />

of <strong>Solar</strong> Array<br />

The solar provider will be granted a lease of the defined<br />

area for a term of 25 years and install, maintain and<br />

manage all the equipment and structures associated<br />

with the solar array for the duration of the term.<br />

There are multiple benefits associated with<br />

this solution including:<br />

• No capital requirement - The costs of<br />

designing, building and maintaining the solar array<br />

are met by the solar provider<br />

• Annual income - The solar provider will pay a<br />

fixed annual revenue which is subject to annual RPI<br />

review until 2030 when the measure of CPIH plus<br />

1% will be introduced, with 2% collar and 5% cap<br />

• Reduction in CO2 emissions - Using clean,<br />

renewable energy from solar significantly reduces<br />

carbon emissions. An NHS Trust installing a solar<br />

solution on top of a new multi-storey car park can<br />

save the Trust circa 160mt of carbon emissions a<br />

year. This is the equivalent to the CO2 absorption<br />

of 7,272 trees<br />

• Reduction in grid dependence - Generating<br />

electricity means there is less dependence on<br />

buying energy from the grid<br />

• Improved protection - Partially covered top<br />

deck of the MSCP providing shading against<br />

the elements<br />

• Lower electricity costs - All surplus power can<br />

be purchased at a discounted rate. For example, an<br />

NHS Trust purchases at the current rate of £0.28<br />

per KWh and the cost from the solar provision is<br />

£0.19 per KWh. The saving for this Trust amounted<br />

to £33,980 per annum<br />

Funding solutions tailored to the public sector | 11


Northern Office:<br />

noviniti Limited, Unit 2, Newby Stables, Newby Hall, Ripon<br />

North Yorkshire, HG4 5AE<br />

Southern Office:<br />

noviniti Limited, Office 6, Building B, Kirtlington Business Centre<br />

Slade Farm, Kirtlington, Oxfordshire, OX5 3JA<br />

w: www.noviniti.co.uk e: info@noviniti.co.uk t: 01423 593819<br />

Marc Hastings, CEO: 07763 113179 Jonathan Houlston​, COO: 07787 257774<br />

Simon Pike, DD: 07736 010527 Jackie Hart, BDM: 07920 267569<br />

Registered office address: noviniti Limited, Unit 2, Newby Stables, Newby Hall, Ripon, North Yorkshire, HG4 5AE. Company Number: 09937558

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