Ovida Community Energy Hub | Victorian Solar Grant

A generous grant for the $2m Melbourne based Ovida Community Energy Hub was announced by the Victorian state government this week. It’s been given a grant to help deliver affordable, dispatchable and reliable energy for occupants of apartment and commercial buildings.

Ovida Community Energy Hub

Ovida Community Energy Hub installers Jemena (source: jemena.com.au)
Ovida Community Energy Hub installers Jemena

The Ovida Community Energy Hub has been awarded a $980m grant from the Victorian government to install shared solar and battery storage systems in three as yet unchosen multi-tenanted buildings. 

It’ll be done in conjunction with a group of solar companies – the consortium behind the $2 million Ovida project includes Ovida themselves, shared/community solar company Allume Energy, distribution company Jemena, RMIT and the Moreland Energy Foundation.

“Microgrid projects are part of our plan to drive down energy prices, reduce emissions and create a pipeline of investment in renewable energy,” Victorian energy minister Lily D”Ambrosio said in a statement reported by One Step Off The Grid

“This initiative will allow more households and businesses in multi-tenanted buildings to take control of their energy bills.”

The project will generate 5000kWh of renewable energy and will also support 11,000kWh of energy storage when it’s complete 

“Traditionally solar arrangements in multi-tenanted apartment blocks have been all or nothing – meaning all residents had to invest in and use the system for it to work,” said Ovida’s Paul Adams while discussing the project. 

“We know this can be a challenge because apartment blocks often include long-term residents, owners, and short-term occupants who each have different energy needs and expectations.

Along with apartment solar, this is another great step for commercial solar in Australia – watching the government get involved like this bodes well for the future of these sorts of projects. As the price of electricity continues to rise more and more businesses will be looking to insure themselves against further rises and look at buying their energy from alternative sources.

 

 

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Commercial Solar in South Australia growing rapidly.

Commercial Solar in South Australia has been growing rapidly over the past 12 months, with installations at their highest peak since 2012 (when extremely generous feed-in tariff prices were available for early adopters in a (successful) attempt to kickstart the burgeoning solar market).

Commercial Solar in South Australia

According to SunWiz, there’s been a huge 84% growth in businesses investing in solar energy (commercial solar) in the last year. That’s nearly 9,000 units – more than double the rate of two years earlier. The ABC website quoted Warwick Johnston, the managing director of SunWiz, as saying that the uptake rate is higher due to better quality (and higher efficiency) panels at more competitive prices.

“System prices have fallen significantly … since the feed-in tariff-driven boom,” he said. “So people are really taking this up just for the underlying business case rather than trying to rush in to secure some government subsidy, which isn’t needed any more.”

Johnston said that commercial grade PV solar systems were the fastest growing segment, noting that places such as shopping centres and supermarkets have invested in solar energy to help offset the rapidly rising cost of electricity. We could also point to other great examples of this, such as Complete Office Supplies’ private solar investment – an office supply company who, in June this year, invested $1m in rooftop PV solar at their Sydney, Brisbane, and Melbourne warehouse locations (the 611MWh solar systems were installed by Sun Connect).

The Advertiser gives us the example of the Mitani Group, a frozen food, chicken salt (our favourite) and mayonnaise manufacturer based in Salisbury, SA. The Mitani Group installed a 100kW system in December 2017 and, according to the managing director Tas Mitani, the company saved between $1,700 and $1,800 on electricity in July alone. Mitani bought the panels from TINDO Solar, Australia’s only solar panel manufacturer who have also seen commercial solar increase rapidly over the last year. Managing Director Glenn Morelli said that “sporting organisations and clubs, to white-collar businesses, to manufacturers, food industry, aged care,” were all benefiting from installing solar power, and that he was seeing interest from all sectors – basically “anyone with an electricity bill”.

Tindo Solar - Commercial Solar in South Australia Suppliers
Tindo Solar – Commercial Solar in South Australia Suppliers

With companies that use a lot of energy wanting to mitigate the risk of skyrocketing energy prices and the cost/benefit ratio of solar becoming more and more apparent as solar tech advances, we expect to see this trend of commercial solar increasingly rapidly.

Are you a company looking to install solar power at your premises? We partner with a select and trusted group of installers Australia wide, and can help you crunch the numbers to come up with the highest ROI solution for your solar investment. Fill in the form to the right or email us for more info.

 

 

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