A strong order book sets positive start to 2019 for Energy SolutionsNews
Posted by: electime 9th January 2019
Starting the New Year with a positive and busy order book are electrical power systems firm Energy Solutions (UK) Ltd based in Rochester Kent. Having finished 2018 with a 26 per cent increase in turnover (£5.3m) the firm, which specialises in power and electrical solutions for the marine, automotive and off grid markets, have started 2019 with a £1.2m order book.
Managing Director Paul Holland explains the reasons behind the growth and strong start to the year, “We have already seen significant growth across our core market sectors of marine, off grid and automotive, which has come from our existing client base and also from exciting developments with our range of hybrid power units. We are already exporting to locations are far-reaching as the Ascension Islands, and we foresee considerable growth in standalone hybrid power systems worldwide over the next few years.”
Moving forward the business is looking to further expand both through organic growth and acquisition. The growth will allow each of the market sectors to enjoy enhanced efficiencies; a broader customer base and the financial capacity to expand their engineering capabilities and own product base further.
Paul explains further “We are confident that Energy Solutions has the perfect foundations to expand over the next three years. In particular, our 22 years of experience in the marine power and electrical market means we are perfectly positioned to take on more work with businesses looking for high-quality British Engineering design and build capabilities. We already supply our Engineering services to clients in Turkey, France, Canada and the USA, as well as many UK OEMs.”
To support the increased hybrid power business the firm is launching a new website at the end of January, and holding a Hybrid Power launch event on Thursday 24th January at Chatham Historic Dockyard.
Paul Holland, MD, Energy Solutions