This article is from the Australian Property Journal archive
ENERGY company AGL and Bovis Lend Lease have teamed up to deliver the First Solar thin film technology for residential use.
AGL general manger marketing David Hamilton said the partnership brings together two market leaders to deliver an affordable and high quality solar offering for residential households.
“Australia’s solar market has had an unprecedented surge over the last year with constantly evolving product needs, supply chains and household requirements. Through this new solar program, AGL is able to offer market leading solar products and services and will allow us to establish and grow AGL’s capabilities in this expanding market,” he added.
In the last 5 years alone AGL has committed nearly $2.5 billion dollars to renewable energy, which will provide power to about three quarters of a million homes.
“We believe that together with AGL, we are well positioned to take the lead and meet growing demands in renewable energy. We are also looking to take advantage of the Federal Government’s renewable energy targets legislation which will include an investment of $60 billion over the next 10 years,” Bovis Lend Lease’s Australia managing director Australia Tony Costantino said.
The thin film solar PV product has the one of the highest outputs when compared to other systems of the same size currently on the residential market generating 2182kWh** in the first year of operation and costs only $3690.00.
The thin film solar PV offer also takes advantage of the various government feed-in tariffs which are offering households 60 cents for every kWh fed back into the grid. AGL is currently contributing an additional 8 cents, bringing the total feed-in tariff to a market leading 68 cents per kWh.
Australian Property Journal
