Romag launches solar 'PowerPark' & training centre
04 Marzo 2009 - 8:00AM
UK Regulatory
TIDMROM
RNS Number : 2532O
Romag Holdings PLC
04 March 2009
Romag launches solar 'PowerPark' and training centre initiatives
4 March 2009
Romag Holdings plc, the specialist manufacturer of glass and plastic composites
for renewable energy applications, announces today the development of an
innovative new product that will provide solar generated power for electric
vehicles.
Romag's 'PowerPark' is a solar car parking canopy made of PowerGlaz PV panels
that will be targeted for car parks at airports, stations, supermarkets,
shopping centres, offices and public buildings including sports and leisure
facilities. The canopy generates electricity which can be sold into the national
grid as well as charging electric vehicles. This initiative has been spurred by
Government encouragement to demonstrate that the infrastructure is being put in
place to support the manufacture of electric cars and will furthermore be
beneficial to commercial organisations when the feed in tariff is introduced in
2010.
Romag has already secured a contract with OneNE, the regional development
agency, to build two prototype 'PowerPark' canopies: one at its own facility in
County Durham and the other at Tegrel Engineering in Blaydon on Tyne, the
manufacturers of the steel structure utilised in the PowerPark product. Once
testing is approved, PowerPark can be rolled out initially as part of the pilot
programme in the North East and then throughout the UK.
Romag also announces today that it is establishing the UK's first Solar PV
Training and Business Centre. With financial support from OneNE, Romag will
develop a facility at its headquarters featuring both standard photovoltaic and
building integrated photovoltaic products. The Training and Business Centre will
be available for hire to organisations that wish to train people across the
manufacturing industry from roofers to electricians, installers, architects,
developers and planners.
Commenting on the initiatives, Lyn Miles, Romag CEO said:
"We are extremely excited about these two projects and are positive about the
benefits they will present for the future of UK manufacturing and climate
change, particularly in the North East. Both the PowerPark and the training
centre are being developed to ensure that the infrastructure and expertise is in
place to allow UK companies to readily respond to the potential increase in
demand for solar powered microgeneration within the UK market which will be
accelerated by the feed-in tariff."
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| ENQUIRIES | |
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| Romag Holdings plc | Tel: 01207 500000 |
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| Lyn Miles, Chief Executive | |
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| David Banks, Finance Director | |
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| Arbuthnot Securities Limited | Tel: 0207 0122000 |
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| Antonio Bossi | |
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| Tom Griffiths | |
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| Kreab Gavin Anderson Worldwide | Tel: 0207 5541400 |
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| Ken Cronin | |
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| Michael Turner | |
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| Natalie Biasin | |
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Note to editors:
Romag Holdings plc is a leading manufacturer of glass and plastic composites
based in Consett, County Durham. Romag has developed a range of photovoltaic
glass products (PowerGlaz) for use in the generation of renewable energy.
Romag also manufactures a wide range of products for the security, transport and
architecture markets to protect people against a variety of risks and threats.
Businesses using the group's high-impact glass products include BAA, Securicor,
government departments, banks, building societies and train operators.
This information is provided by RNS
The company news service from the London Stock Exchange
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