Solar for multi-tenant regional retail centre

The forward-thinking Merry Hill management has made a step forward for shared renewable power systems. The solar array was funded and installed via a long-term Power Purchase Agreement – one of the first in the UK at this size for a multiple lease site. 

Asset manager Sovereign Centros from CBRE, alongside property manager Savills has a sustainable focus for their properties and plan further renewable energy installations at the site. 

The 2,399 panel array at the shopping centre was designed and installed by Olympus Power and will be managed by the team throughout its lifespan. 

A range of top names at the centre with their own strong ESG focus such as Lush, Body Shop and M&S are now benefiting from the destination’s drive towards clean, green power. 

Nick Round, Senior Asset Manager at Sovereign Centros from CBRE, said: “The work with Olympus Power represents a big step forward in creating a sustainable future for Merry Hill. We want to inspire our tenants and customers to adopt more sustainable practices, and the best way to do that is through investment in a programme like this, that benefits everyone involved. We are pushing for our destinations to be at the forefront of change, not following the crowd, and through our sustainability initiatives we are doing just that.”

The substantial carbon savings and long-term, predictably low-energy prices make a solar power system from Olympus Power a perfect choice for retail outlets, their management, tenants and customers.