A Swansea-based giftware supplier has become the first business to receive a new green business loan. Something Different Wholesale has secured a £1.2m loan from the Development Bank’s Green Business Loan Scheme.
The scheme was set up to help businesses in Wales reduce their carbon footprint by investing in renewable technology on their premises and upgrading systems to reduce energy use. The scheme also allows businesses to access advice on decarbonisation.
Something Different will use the loan to install 2,000 new solar panels on its 158,000 sq ft warehouses at the Enterprise Park on Upper Fforest Way in Swansea. The firm said this will help it cut its energy bills and allow it to sell surplus energy back to the market.
