Stratford Vitality Choices, a longtime UK installer of photograph voltaic PV, electrical car charging, and energy storage strategies in residential and enterprise markets, has merged with compatriot administration consultancy Bannister Ventures to develop options inside the small and medium-sized enterprise market part by means of new partnerships and acquisitions.

Stratford Vitality said its objectives to build up totally different UK-based specialist renewable energy supplier firms, paying homage to these offering distant monitoring, energy administration, and cybersecurity suppliers, along with industrial photograph voltaic specialists and finance suppliers. To permit that progress, the company raised £4m ($4.55 million) from Triple Degree, a UK-based have an effect on funding supervisor.

Thus far, the company has been energetic inside the UK’s Midlands space, serving primarily the residential part. Now it is eyeing nationwide enterprise market penetration.

“Picture voltaic stays the fastest-growing renewable energy and may be increasingly more in type with residential and enterprise clients alike. The current market is extraordinarily fragmented. We see the prospect to create a nationwide participant offering a built-in reply to every residential consumer and SMEs and enterprise clients, to help them on the journey to internet zero,” said Jonathan Watt of Bannister Ventures.

The strategy of using mergers and acquisitions to develop nationally and internationally is simply commonplace inside the residential energy part. As an illustration, every German photograph voltaic agency 1Komma5 and Norway-based photograph voltaic specialist Otovo have used it to develop quickly.