GivEnergy, today provided a reason for the UK solar industry to shine even more. On the back of the company hitting "circa 500% growth for the financial year ending March 2023" - an amazing result in itself - it has announced an ambitious move to purchase Osprey House in Newcastle-under-Lyme as their new corporate headquarters!
The Newcastle-under Lyme HQ will host 60 employees and 40 more are expected by year end – though that could be subject to change dependent on demand which currently shows no sign of slowing down! With a £15minvestment set aside for two chemical factories in Stoke-on Trent; this hypergrowth market looks unstoppable - quite literally powering ahead into 2030!
“Our new base will allow us to continue our commitment to innovation, while facilitating new jobs.” - Jason Howlett, GivEnergy CEO.
With the renewable energy market soaring, GivEnergy is currently navigating an enormous surge in demand. This latest property purchase rapidly follows a recent investment in a new manufacturing facility. The company has already received planning permission for the first phase of a new £15m investment on two factories on Chemical Lane, Stoke-on-Trent, where it will manufacture its technology such as electric vehicle chargers, solar inverters, batteries, and more.
“We’re firing on all cylinders over the next twelve months,” says Jason. “As well as the new manufacturing facility, this new HQ will allow us to continue creating rewarding, well-paid roles in the renewables sector. We want to make Stoke and Newcastle a “centre of excellence” for the renewable industry.“With a fantastic focal point for GivEnergy people to meet and collaborate, we can better deliver solutions for the pressing energy challenges facing the world.”
Photo credits: GivEnergy.