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Funding boost for Telford solar energy company

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    Telford electrician Craig Haycock has secured a five-figure funding package from HSBC UK to develop his new solar energy company, Craig Michael Renewables.  Photo credit: Dave Warren/Picture Team
Telford electrician Craig Haycock has secured a five-figure funding package deal from HSBC UK to develop his new photo voltaic power firm, Craig Michael Renewables. Photograph credit score: Dave Warren/Image Crew

Based in July final 12 months, Craig Michael Renewables installs and repairs photo voltaic panels and has seen unprecedented demand for installations because of rising power prices.

The funding enabled electrician and firm director Craig Haycock to order as much as ten jobs price of supplies upfront, permitting the corporate to finish orders extra effectively and guarantee better safety of cashflow.

To this point the corporate has put in 960 photo voltaic panels that result in a financial savings in carbon emissions of 70, 120 kg / Co2 per 12 months. As well as, fast development means the enterprise has employed eight new employees together with electricians, roofers and mission managers.

Craig mentioned: “I am delighted that I can now give my prospects the peace of mind that their work might be accomplished on time. The help from HSBC UK ensures that I can full orders and maintain my work working effectively because the enterprise responds to demand.

Mark Haines, Regional Director of HSBC UK, added: “We’re dedicated to persevering with to help start-ups and small companies with their cashflow in the course of the cost-of-living disaster. Companies like Craig’s present an extremely vital service and, with power payments rising and the local weather warming, it is much more vital that we help the expansion of renewable power corporations.



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