Psaros Park Avenue: Multi-Tenant Shared Solar
Embedded Solutions for Apartments
Psaros are a Property Development Group and have been building in Australia since 1983. Psaros aims to pursue sustainable benefits and green initiatives for all construction projects undertaken hence have sought to fulfill its energy strategy to become a retail energy provider to it’s prospective tenants through implementing solar powered and renewable solutions.
Our Solar PV project at Park Avenue Apartments contributes to the overall energy strategy to deliver a cost saving in electricity bills each year to tenants, return on investment for Psaros, reduce consumption of electricity from the grid and significantly reduce CO2 emissions. Any excess electricity generated will be exported to the grid through the tenants feed-in tariff arrangement with Psaros’s retail business arm, Source Energy.
- Location:
- Churchlands Western Australia
- Project:
- Park Avenue Apartments by Psaros
- Solution:
- 99kWp – 75kWp Embedded Network PV System & 24 x 1kW individual apartment solar systems
- Commissioned:
- July 2017
Results
- A beautifully integrated solar system that has minimal impact on the visual amenity of the building
- Delivered to schedule without disrupting construction of Park Avenue
- achieving all performance objectives:
- Annual production of 160-180MWh per annum
- Reduction of up to 165 tonnes in CO2 emissions