York based cleantech business surges past £40m with 10th strategic acquisition

Fast-growing cleantech business Green Building Renewables' 10th acquisition sees it surpass the £40m turnover milestone as it continues its rapid expansion across England at the start of 2024.

Crawley based Doré Woodman has joined Green Building Renewables' nationwide network of renewable experts, allowing the company to expand further into Kent, Surrey, and Sussex.  

Since 2021, Green Building Renewables has increased its turnover more than tenfold from £3m to over £40m. At the same time, staff numbers have risen from 18 in its York office to over 200 across its fourteen regional offices in England.  

The UK government has a solar target of 70GW by 2035. Green Building Renewables' rapid growth in the last two years reflects the increasing demand for domestic and commercial solar. At the same time, a fluctuating market has seen the demand for low carbon and more efficient heating solutions increase.  

Last year was a record year for Heat Pump installations, with 39,268 installed in the UK. The record beats the previous one set in 2022 with an increase of nearly 20 per cent. Whilst this figure includes only those heat pumps certified by the MCS, the true number is not likely to be much higher.  

Doré Woodman's acquisition and Green Building Renewables' further expansion into the South and home counties is part of the company's continued strategic vision to extend the benefits of solar energy and low carbon heating to as many local communities as possible nationwide. 

Green Building Renewables' model is built on providing regional expertise and cutting-edge technology, which is only installed by local in-house engineers. The company aims to deliver efficient, reliable, cost-effective renewable solutions, including solar and heat pumps, to the domestic and commercial sectors across the UK.  

The company aims to be the largest installer of domestic renewable technology by 2025 with a turnover of £100m.

Managing Director of Green Building Renewables, Chris Delaney, commented: "Our 10th acquisition and surpassing the £40m turnover mark is a double milestone for the company and a great start to the year. Everyone within the business can be extremely proud of our achievements in the last two years.  

“We have grown our reach and expanded our coverage across England. Our ambitions for 2024 are even bigger as we aim to have full coverage of England. We welcome Ben Freeman and the team at Doré Woodman to ours."