Potential offtaker

Solid State PLC

www.solidstateplc.com

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Solid State PLC is a leading electronics components company based in the United Kingdom. The company is committed to decarbonisation and sustainability, and has implemented a number of initiatives to reduce its carbon footprint and promote renewable energy.

Solid State PLC operates in the Electronics Components sector, providing a range of products and services to customers in various industries, including aerospace, defense, medical, and industrial. The company's products include power supplies, battery packs, and ruggedized computers, among others. Solid State PLC also offers design and manufacturing services, helping customers to develop custom solutions that meet their specific needs.

One of the key areas of focus for Solid State PLC is decarbonisation. The company recognises the urgent need to reduce greenhouse gas emissions and mitigate the impacts of climate change. To this end, Solid State PLC has set ambitious targets to reduce its own carbon footprint and promote sustainable practices throughout its operations.

One of the ways in which Solid State PLC is working towards decarbonisation is through corporate energy initiatives. The company has implemented a number of energy efficiency measures across its facilities, such as upgrading lighting systems and installing smart meters to monitor energy usage. Solid State PLC has also invested in renewable energy sources, such as solar panels and wind turbines, to generate clean energy on-site.

In addition to these measures, Solid State PLC has also implemented a corporate power purchase agreement (PPA) for renewable energy. A PPA is a long-term contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy at a fixed price. This provides a stable, predictable source of renewable energy for the company, while also supporting the growth of the renewable energy industry.

Solid State PLC's corporate PPA is with a wind farm in Scotland, which generates enough energy to power the company's entire operations. This means that Solid State PLC is now 100% powered by renewable energy, a significant achievement in the electronics components industry. The company's commitment to renewable energy has also earned it recognition from industry bodies, such as the Carbon Trust and the Renewable Energy Association.

Solid State PLC's focus on decarbonisation and renewable energy is not just good for the environment, but also for the company's bottom line. By reducing its energy usage and generating its own renewable energy, Solid State PLC is able to save money on energy costs and improve its operational efficiency. This is a win-win situation for the company and the environment.

In conclusion, Solid State PLC is a leading electronics components company that is committed to decarbonisation and sustainability. The company has implemented a range of initiatives to reduce its carbon footprint and promote renewable energy, including energy efficiency measures, on-site renewable energy generation, and a corporate PPA for renewable energy. Solid State PLC's commitment to sustainability has not only earned it recognition from industry bodies, but also improved its operational efficiency and bottom line. As the world transitions to a low-carbon economy, companies like Solid State PLC are leading the way towards a more sustainable future.

✓ Declared Net Zero commitment