Clarence Greenergy Project:

North Shore Marketplace

Townsville, Queensland

267.10kW SOLAR PROJECT

RETAIL

SYSTEM

Clarence Greenergy developed a 267.10kW Solar PV System

SOLAR

Power Purchase Agreement with customers (tenants) to provide solar energy during the daytime

LEASE

A roof rent is paid to the landlord

SAVINGS

Targeted electricity saving of minimum 10% per annum

CO2

Equivalent to not emitting 288 tonnes of CO2 annually **

kWh

736,758 kWh of solar power produced annually*

Clarence Greenergy project managed the delivery of 267.10kW Solar Power System at the Northshore Marketplace located in Townsville for the Clarence Property Diversified Fund (CPDF).

The system has been established with a ‘Net’ connection and provides renewable energy for 11 separate customers including blue-chip customers such as Dominos and BWS.

*as at 30 September 2023

**This is calculated based on the Greenhouse Gases Equivalencies Calculator – Calculations and References | US EPA.This equation converts kWh of solar power generated by renewable sources into avoided units of carbon dioxide units. It assumes that by using renewable energy sources, 7.09 x 10-4 metric tonnes/kWh of Co2 are not emitted into the atmosphere.

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SOLAR PROJECTS IN OUR PORTFOLIO

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