That’s exactly the breakthrough technology that Planet Ark Power has developed. Having recently won an important international prize, they are ready to roll it out to your commercial property. Add in a new business case model to deal with finance and leasing and what you have here could well be a game changer.
If the electricity grid could take energy both ways, you’d rightly expect to see solar panels covering the vast roof spaces of warehouses and big commercial buildings, just like on houses.
But until now, the grid authorities have rejected large scale solar because of the technical issues of sending large tranches of electricity back into the grid, broadly known as “voltage problems”.
Brisbane based Planet Ark Power has developed a solution to these concerns and they’re ready to roll it out to Australia’s commercial property owners.
According to Planet Ark Power cofounder and executive director Richard Romanowski, the company has spent several years perfecting a technical solution to deal with the voltage problems. The “magic black box” means owners of large roof spaces can for the first time earn income from creating renewable energy and selling it back through the grid.
Until now, owners of buildings with big solar installations have needed to consume all the power themselves to make best use of it. Now they can share the excess and bolster rental yield for investors.
Richard says this is important because “the way we’ll win the climate change battle is by winning the economic war.”