Australia - Look Up For a Moment and Imagine a Roof-Top Solar Panel World

NHANTA | January 26, 2019

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If you are in Victoria, there is an estimated 104 square kilometer of roof-space on commercial buildings - just in one state. And as a result that the state would produce enough solar power to supply between one third and a quarter of Australia’s total energy needs! Well yes, in the beginning, it would cost approximately AU$19 billion. Nevertheless, the financial case stacks up, when we think about the return on those costs. If financed correctly, the investment of installing rooftop solar would be worth it, for the increasing number of 570,000 businesses under those roofs. For those businesses, the spending on electricity bills would be reduced by an amount greater than the loan repayments required to finance them in the first place.

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Greenko Group

Greenko is a mainstream participant in the growing Indian energy industry and a market leading owner and operator of clean energy projects in India. The Group is building a de-risked portfolio of wind, solar, hydropower, natural gas and biomass assets within India and intends to increase the installed capacity it operates by developing new greenfield assets.

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