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Vicinity’s Multiple Sites, Australia

Trading solar power from shopping center rooftops

Australian retail investment company Vicinity Centres is using Power Ledger's platform to trial trading solar energy generated within its shopping centers.

Project summary

The planned trial will focus on trading using energy blockchain technology as part of Vicinity’s AUD$75 million industry-leading solar program.

How the technology works

The blockchain technology will enable Vicinity to manage its energy use and distribution in near real-time, switching between solar and national grid energy.

Executive General Manager, Shopping Center Management Justin Mills

We see our partnership with Power Ledger as a significant opportunity to unlock a future of more competitive energy prices for our retailers and customers while potentially sharing clean, renewable energy to the communities surrounding our centers.

Project highlights

70

Tenants planned to be onboarded

$28 million

Vicinity invested in rooftop solar in South Australia and Western Australia

$75 million

Committed by Vicinity towards their solar projects generally

40%

Reduced consumption from national grid from solar installation

Make an enquiry

If you have questions or comments, feel free to get in touch with us using our enquiry form. We will aim to get back to you within two working days.

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