ESR partners with Solar Bay to deliver renewable energy

Monday, 11 September, 2023

ESR partners with Solar Bay to deliver renewable energy

ESR Australia has partnered with Solar Bay to deliver renewable energy solutions to its customers.

The partnership will enable ESR Australia to meet current and future demand from its customers for renewable energy solutions, deploying up to $500 million over the next 10 years to deliver up to 50 MW of solar panels, 300 MW of battery storage capacity and EV charging infrastructure.

The partnership will facilitate the installation of renewable energy infrastructure across ESR’s portfolio, with potential to install up to 125,000 solar panels to achieve the 50 MW target.

Phil Pearce, ESR Australia CEO, said the partnership would expand ESR’s sustainability footprint while furthering ambitions to deliver a positive contribution to the environment and the broader community.

According to Pearce, the investment will ensure continued viability of ESR and its customers’ operations. ESR will draw on Solar Bay’s expertise in technologies such as embedded networks, rooftop solar, electric vehicle charging, battery storage and broader renewable energy solutions.

“Our customers’ energy requirements have grown significantly due to the uptake of electric-powered automation and are set to grow with the further adoption of technology and the take-up of electric vehicles.

“Through the provision of clean energy, we are seeking to alleviate pressure on our customers from growing energy costs, while mitigating the environmental impact of the increasing electrification of operations,” Pearce said.

ESR will work with its customers to provide bespoke energy solutions, offering savings of up to 50% on energy bills.

James Doyle, Solar Bay Director and Co-Founder, said this partnership creates a blueprint for decarbonising the Australian property sector.

“The multi-year partnership also allows us to maximise renewable energy penetration across ESR’s development pipeline by implementing innovative electrification solutions like embedded networks during the build stage, giving customers access to cost-competitive, 100% renewable energy,” Doyle said.

The renewable infrastructure strategy will evaluate opportunities for the installation of solar across ESR’s portfolio and development pipeline. Under the partnership, ESR’s focus will be growing its solar capabilities across its entire portfolio.

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