WELCOME TO sYDNEY RENEWABLE POWER COMPANY
We want to see more renewable energy in our community and we want to see it sooner rather than later. We believe that by driving the allocation of capital into a community-owned solar power project such as this one, we can make a real change.
Sydney Renewable Power Company (SRPC) has funded Australia's largest CBD Solar Array, on the roofs of the International Convention Centre (ICC), Sydney.
The installation is 520kW - enough to power around 100 homes. All of the energy generated by the solar array is used by the ICC. ICC pays Sydney Renewable Power Company for all the power that is generated by the solar array based on a long term power purchase agreement.
Sydney Renewable Power Company raised $1.4m in 2017 from a wide range of investors to fund this solar array. These investors have united behind the idea of impact investing - investing in a project for a financial return, and also an environmental (in this case) or social return. These investors want to make a positive difference in the world with their money - thank you for your support and your vision.
We have started issuing invoices to ICC Sydney for the power generated by the array.