Southampton's Absolar named as NatWest partner

NatWest has named Southampton energy experts Absolar as one of its partners in a bid to help businesses save money on their energy bills and transition to a greener future.

Perse has also been named alongside Absolar as partner in the initiative.

The partnership with Absolar is predominantly focused on providing businesses with the tools to find out whether or not said businesses are able to make the shift to solar energy. Absolar’s technology captures the solar potential of premises remotely and gives an estimate of the savings a business could make by using solar power.

Director at Absolar, Nic Cory, said: “We are delighted to partner with NatWest in their commitment to helping businesses access the potential of solar energy. Through our innovative technology, we aim to provide a wider audience of businesses with quick and accurate assessments of their solar potential, allowing data-led and informed decisions about investing in solar power. By highlighting the significant cost savings and environmental benefits together with providing certainty of investment costs, we can accelerate the transition to a greener future and drive financial success for businesses.”

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The partnership between Perse and NatWest is focused predominantly on helping businesses achieve their Net Zero targets.

Head of Business Banking at NatWest, James Holian, said: “As the UK’s biggest bank for business, we know that many business owners want their businesses to be more sustainable, but find it difficult to know where to start.  We want to help business owners navigate this complexity and connect them to resources and insights so they can both help tackle climate change and grow their businesses.  That’s why we are proud to launch these new partnerships. Through these, we look forward to giving businesses the tools they need, both to save money and to decarbonise their operations.”

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