Solar Energy
In 2018, Stockland Burleigh Heads was part the largest rooftop solar project ever undertaken by a landlord in Australia; 6.4 hectares of solar panels across 10 Stockland Retail Town Centres.
The $23.5 million investment saw more than 39,000 photovoltaic (PV) panels installed, comparable in size to more than nine rugby fields, across the roof space on shopping centres.
With the project expected to generate 17.2 GWh of additional renewable energy every year, it will account for 20 to 25 per cent of retailers’ baseload and usage, excluding supermarkets and department stores. Near the conclusion of FY18, Stockland added another three sites to the rollout. Once complete, the investment will increase Stockland's combined retail town centre solar generation capacity to 16.36 MW over 13 sites generating an estimated 20,000,000 kWh per annum.
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