• UK hospitals are reducing energy costs using solar power.
• Additional savings are reinvested in patient care, as well as in upgrading healthcare infrastructure and services.

In a recent move to usher sustainability in healthcare, the National Health Service (NHS) has secured £2.59 million from the government to install solar panels at three hospitals in West Sussex.

The proceeds will be used at St. Richard's, Princess Royal, and Southlands Hospitals, operated by the University Hospitals Sussex NHS Foundation Trust.

Once the solar panels are installed, the hospitals are expected to save more than £360,000 per year in energy costs. These savings will be reinvested in patient care to improve healthcare services and reduce reliance on unsustainable energy sources.

Jonathan Reid, chief finance officer for University Hospitals Sussex, said not only do the investments bring sustainability to the sector, but they will also improve the quality of healthcare services through cost reduction.

READ MORE: UK Govt. to Bring Solar Panels to all Homes by 2027

The financing is part of the £100 million investment from the Department for Energy Security and Net Zero to help NHS facilities lower energy costs using solar energy. These initiatives, according to NHS England, can save approximately £8.6 million per year across the NHS and even £260 million over the lifetime of the solar panels.

Are you looking for technical experts to guide your business? Explore our ESG Marketplace, which features over 600 sustainability providers offering a wide range of green services to support your business operations.

Follow KnowESG's Sustainable Finance News for regular news and views.

Check out KnowESG's latest ESG Events updates

Source: BBC