#United Kingdom #Glasgow #Scotland #Star Refrigeration #SIETF

Scottish Businesses Urged to Apply for SIETF Funding

Star Refrigeration has announced an urgent call to action for businesses across Scotland, encouraging them to take advantage of the re-opened Scottish Industrial Energy Transformation Fund (SIETF). With applications due by March 19th, this funding opportunity aims to support projects that enhance energy efficiency and facilitate decarbonisation.

The SIETF is a significant resource for companies seeking to implement industrial refrigeration and heat pump projects, along with feasibility studies aimed at identifying energy efficiency opportunities. The Scottish government's commitment to matching funding for industrial decarbonisation projects marks a pivotal moment for many companies aiming to modernise and reduce their carbon footprint.

The funding covers approximately 50% of total project costs, making it a vital financial resource for industries like manufacturing, processing, and energy-intensive data centers. The recent reopening of this fund, which has been dormant since 2022, presents an excellent chance for businesses to expedite their decarbonisation efforts and seize the competitive edge through innovative technologies.

In light of the impending deadline, companies are encouraged to act swiftly to submit their expressions of interest. The streamlined application process is designed to facilitate quick project identification, with the aim for many initiatives to be operational by March 2026.

Benefits of SIETF Funding

The SIETF funding aims to:

• - Reduce operational costs: By investing in energy-efficient technologies, companies can lower their energy bills.
• - Decrease carbon emissions: Funding will alleviate the financial barriers to adopting decarbonisation technologies, ultimately helping businesses reduce their environmental impact.

Star Refrigeration's Regional Manager for Scotland, Grant Buchanan, expressed the company’s commitment to assist businesses in navigating the complexities of funding applications. “With our expertise in industrial refrigeration and heat pumps, our Net Zero team is well-positioned to help businesses effectively deploy the technologies necessary for reducing industrial energy consumption and achieving substantial carbon savings,” Buchanan stated.

A success story shared by Star Refrigeration highlighted a project where a company was able to secure £36,750 in grant funding to explore waste heat recovery options. This project was set to save the company an impressive £342,500 annually. The insights gleaned from feasibility studies provide data-driven evidence to guide companies in selecting the right technologies for their needs.

The funding also supports feasibility and engineering studies that assess current heating and refrigeration requirements, enabling businesses to establish the viability of transitioning to low-carbon alternatives.

Call to Action for Scottish Companies

As the March 19th deadline approaches, Scottish businesses looking to enhance their energy efficiency and reduce their carbon emissions should act without delay. For more information regarding the SIETF, including application timelines and further details, interested parties can visit Gov.Scot.

To explore how Star Refrigeration's expertise can facilitate securing SIETF funding, companies can get in touch with Stuart Webb, the Scotland Sales Manager. The limited time frame adds urgency, but with proper guidance and robust project proposals, Scottish businesses can be well-equipped to harness this funding opportunity for a sustainable future.