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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