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Solar Advanced Systems Announce £50m Of Funding For RIOS

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Solar Advanced Systems has announce the secured £50m of funding to support their unique finance scheme "RIOS". The funding will be available over the next 24 months allowing Solar Advanced Systems to roll out RIOS to even more clients looking to install solar PV as a way to reduce ever rising energy costs without putting pressure on their own cash flow.

RIOS (Renewable Incentive Operating Scheme) requires no capital investment from the client and is fully maintained and operated by Solar Advanced Systems (ensuring each system produces the maximum yield possible during its lifetime), yet still has a fully flexible exit strategy unlike other more restrictive offers.

Kevin Downes (Commercial Director) said, "We are not only looking at our own client base to offer this funding but are keen to make it available to other reputable solar companies, consultants and buying groups too. As a Company we have developed strong partnerships in many commercial sectors and this funding will support our long term development plan.

With over £5.9m of business secured already via their RIOS scheme, Solar Advanced Systems are committed to the UK solar industry for the foreseeable future.



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