Caboolture Square - 520kW
Solar-powered shopping center
Caboolture Square is home to over 30 shops in downtown Caboolture, 50km north of Brisbane. In May 2018 we installed 520 kW, that’s just over half a megawatt, of solar panels on the precinct’s roof. The project is financed through a ten-year lease option which does not require any upfront capital payment and is cash flow positive from the first quarter.
Caboolture Square is set to win on a number of fronts with their investment into solar:
1 – Reducing electricity consumption by almost 40%
2 – Income from LGC (Large-scale Generation Certificate) generation adding up to over $400 000 until the scheme runs out in 2030
3 – Reduction in peak demand charges on their electricity bill
4 – Income from exporting unused electricity to the grid
It is promising for Australia’s renewable energy future that large-scale (100kW+) solar installations like the one at Caboolture Square are now being approved to export electricity to the grid. Over the last decade, the increase in solar electricity being fed into the grid meant that grid stability was getting compromised and commercial installations were usually excluded from exporting power (“zero export systems”).
Now that the technology, infrastructure and local expertise are catching up, commercial solar is ready to roar from every rooftop!
GEM Energy specialise in renewable energy consultancy, photovoltaic engineering, electrical engineering, energy efficiency audits, financial feasibility analysis and the integration of solutions.
From challenging custom installations to small home solar systems, GEM Energy’s experienced team has the skills to turn every project into a thriving investment.
Our strong regional presence underpins the core of our success. At GEM Energy we build genuine connections with our many and varied clients who then refer us on to their friends, family, and business partners.
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What our customers say about us
…it wasn’t until we met with GEM Energy Australia that we were confident we were dealing with a compay that had the expertise to get the job done.Phil Sellwood