A Victorian timber industry business has installed a 100kW solar PV system it says will offset 80 per cent of its annual power usage, and pay itself off within four to five years.
A large-scale producer and supplier to the timber industry, Fisher’s Group has adopted a broad initiative of eliminating waste and becoming carbon neutral, as part of The National Timber Product Stewardship Group.
Fisher’s founder and managing director Lewis Fisher said installing solar was “the next logical step” to reducing the company’s carbon footprint and running costs.
“It is great to see local businesses including Fisher’s Group begin to understand the significant role solar can play in reducing costs and sustaining long term green initiatives,” said Yingli Green Energy Australia managing director Daman Cole.
“It’s hard to come by business investments that provide a guaranteed 20-25 percent return per year so we’re excited to see yet another organisation realise the full business potential of sustainable energy.“
Grok Ventures investment allows US thermal storage company to go ahead with its first gigawatt-scale…
Some of Australia's most emissions-intensive coal mines have used some of its most sophisticated methane…
Arena will help fund the development of a solar and battery microgrid that will provide…
BNEF's latest annual New Energy Outlook details a "much changed" global market, spurred by energy…
Rewiring Australia CEO Francis Vierboom on what governments can do to help renters cut their…
Financial close reached for Australia's biggest solar battery hybrid projects to date, in landmark deal…