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GENERAL PROPERTY

Canberra owners a shining example

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THE combined environmental commitment of owners of 13 ACT commercial buildings to solar power has resulted in a carbon emission reduction equivalent to saving 236 hectares – or 118 MCGs – of trees annually, according to Colliers.

During the 2019 financial year, the buildings generated a total of 2,564,800 kWh in solar power, equating to 12,986,329 kilometres of car travel offset, or getting nearly 1,000 cars the roads.

“We have worked closely with all our clients to identify opportunities to make buildings more efficient and sustainable,” director real estate management, Rupert Cullen said.

“Installing solar panels and utilising sunlight for power is a key way in which we can reduce a building’s environmental footprint.”

According to the Green Building Council of Australia, the built environment is currently the world’s single largest contributor to greenhouse gas emissions.

“These building owners are taking it upon themselves to invest in their assets in order to make a real difference and shrink carbon emissions,” Cullen said.

“Long-term there are benefits not only for our environment, and therefore our community, but there will also be savings in building running costs – making it a win for everyone.”

Cullen said Colliers is currently in discussions with different partners around load shifting, batteries and microgrids, which have the potential to dramatically change the economical efficiency of solar.