Friday, December 21, 2012

Embark, Lend Lease unveil plans for 400kW community solar park in Sydney

The first large community solar project in the city of Sydney is to be unveiled today when the not-for-profit community advisory group Embark and property giant Lend Lease announce plans for a 400kW rooftop solar PV system in the convention centre to be built in Darling Harbour.
The $1 million project will be hosted and installed by Lend Lease at its Sydney International Convention, Exhibition and Entertainment Precinct (SICEEP), but will be entirely owned by members of the local community, who will be able to purchase shares equivalent to around 1kW each, and obtain returns of around 5-7 per cent per annum.

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