Innovative Parkridge Noosa solar scheme saves money and reduces reliance on energy grid

The Community Solar Scheme announcement was well received by Parkridge buyers at the inaugural Parkridge Noosa golf day and lunch event.

Residents of the stunning Parkridge Noosa residential development can now access sustainable, affordable energy thanks to an innovative Australian first on-site solution.

Altum Property Group, the developers of Parkridge Noosa, have installed Australia’s first residential large scale Centrally Managed Community Solar Photo Voltaic/ Battery grid system (Community Solar Scheme) to be built without government funding.

Altum director Rob McCready is proud of Parkridge Noosa’s Community Solar Scheme, seeing it as an essential step towards a more sustainable future.

“It’s a well-known fact that our energy infrastructure is under stress and the cost of electricity both financially and to the environment is spiraling out of control. To ensure Australia continues to have reliable and affordable power, and reduce the reliance on the State power grid, we need to be generating and using power at the source,” he said.

“The Community Solar Scheme is an exciting step towards this goal and reaffirms Altum’s commitment to a sustainable future for our region.”

Rob said this innovative project provides real benefits to Parkridge Noosa residents, the environment and the broader community.

“It is a better outcome for residents as it will provide them with guaranteed, cheaper, and more reliable power at times of need and prevent blackouts. It is better for the environment as it is driven by sustainable solar power, and it is better for the Sunshine Coast as it reduces peak demand on the existing power infrastructure,” he said.

Parkridge Noosa residents have the opportunity to purchase one of 75 separate individual solar/battery systems when they purchase their apartment or townhouse.

“Each system is integrated into the community’s embedded electrical network. The solar power will feed the community grid when the sun is shining. When the solar generates more power than is being consumed within the community, the excess power will charge the batteries. This is environmentally responsible and reduces stress on the state grid,” Rob said.

With already $120m in sales since its launch in November 2017, Parkridge Noosa is set to deliver an incredible self-sustaining community with not only smart environmental systems but a great range of facilities and green spaces for residents. The Parkridge Noosa display suite is open by appointment, call Jeremy on 0418 943 787 or register via the website www.parkridgenoosa.com.

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