Business Case: Solar PV on packhouses
In 2016, GreenCape conducted a study looking at the business case for solar PV on packhouses. The business case demonstrated 15% saving in electricity costs.
The modelling shows:
Economies of scale are important, with favourable returns in all scenarios for a large (500kWp) system.
For smaller systems, access to favourable financing and loan terms is a key issue determining feasibility.
Four packhouses that have implemented solar PV already are showcased as case studies, demonstrating savings of up to 18%.
GreenCape has developed a business case for solar PV for packhouses, with the key insights and opportunities summarised in this short industry brief and for those interested in the full modelled results and more in depth consideration of the factors driving the financial feasibility a full report is available.