The Nordic region’s largest rooftop photovoltaic (PV) system – both in terms of size and capacity - is to be installed on Speed Group’s new head office and warehouse, located outside Borås, Sweden. The system, which will cover an area as large as 11 football pitches, is expected to produce annual 4 GWh of green electricity.
Speed group solar roof
Photo: Logicenters
The initiative is set to provide Speed Group with an attractive green logistics offering as well as make the warehouse CO2 positive.
“We can now offer our new and existing customers an attractive green logistics solution, which is becoming increasingly sought after. This warehouse will provide our customers with a CO2-neutral solution. As we automate our warehouses, our energy needs are also increasing, and these needs can now be met with solar power produced at our own facility,” said Mats Johnson, CEO of Speed Group.
Speed Group’s new warehouse and head office will be completed on an ongoing basis, with the entire building, comprising 83,000 m² (893,400 ft²), expected to be fully operational by May 2020. The PV system will cover an area of 60,000 m² (645,834 ft²).
“This initiative is an exciting and natural step both from a business perspective for Speed Group and from a social and sustainability perspective. Ratos is convinced that there is a strong link between sustainability and long-term value creation, and these issues are top priorities for us in our ownership role,” said Christian Johansson Gebauer, Head of Business Area Construction & Services at Ratos and Chairman of the Board of Speed Group.
Investment firm Ratos became the majority owner of Speed Group in 2015. The company is a national supplier of logistics, staffing, recruitment and training services, with approximately 1,050 employees and sales of SEK-707-million (€66.9-million) for 2019.
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