EnviroGroup helps Exquisine hit the sweet spot with Yingli Solar
Announcement posted by Yingli Solar 25 Nov 2013
Through EnviroGroup, Yingli Solar supplied Exquisine, a dessert supplier to many of Australia’s leading food service, restaurants and retail companies, with an 80 kilowatt solar PV system. Thorough planning and efficient project management by EnviroGroup ensured that the system was approved and installed well ahead of schedule. The PV system comprises of 320 YGE 60 Cell 40mm Series panels, delivering approximately 300 kWh of solar power per day (or 107,450kWh per annum) and an internal rate of return (IRR) of over 25% per annum. This is expected to reduce Exquisine’s carbon emissions by 139.7 tonnes every year as it reduces its reliance on drawing electricity from the grid.
According to Cameron Munro, CEO of EnviroGroup, Yingli Solar’s high efficiency panels were selected because of their proven track record in producing higher energy yields. The installation has the capability to match peak daytime energy demands for Exquisine’s manufacturing facility.
“With fluctuating energy prices, Australian manufacturing companies like Exquisine are faced with varying cost pressures. We have designed the solar system to help Exquisine offset a significant amount of their electricity bills. The system will prevent a costly network infrastructure upgrade for Exquisine, and the cost savings will allow the company to plan for future expansion,” said Munro.
Daman Cole, Commercial Director for Yingli Solar in Australia, New Zealand and the Pacific, Yingli Solar said, “Yingli Solar is delighted to be working with EnviroGroup to bring Exquisine into the growing number of commercial businesses who are turning to solar power. Manufacturing businesses are increasingly aware of the cost savings that solar power offers through its ability to meet peak energy demand and its benefits in mitigating the risk of increasing electricity prices.”
Yingli Solar is renowned for the high quality and energy outputs of its PV panels, resulting in lower costs long term. As the world’s largest solar panel manufacturer, Yingli Solar has delivered more than 30 million panels or the equivalent of over 7 gigawatts of solar energy to homes, businesses and utilities in more than 40 countries.
ENDS
For further information, please contact:
Clarice Hurren / Gabriel Wong
Espresso Communications on behalf of Yingli Green Energy
Tel: +61 2 8016 2200
Email: clarice@espressocomms.com.au / gabriel@espressocomms.com.au
Cameron Munro
CEO, EnviroGroup
Tel: +61 3 9095 7433
Email: cameron.munro@envirogroup.com.au
About EnviroGroup
EnviroGroup is a specialist provider of renewable energy products and systems for commercial applications, government clients and residential home owners. Founded in 2004, EnviroGroup is a leading authority in sustainable technology, with a team of expert engineers and installers delivering projects Australia wide. In addition, its retail division EnviroShop offers a large range of equipment, services and sustainability products to a growing client base. When you engage with EnviroGroup you are accessing a skill set that is unrivalled in the energy industry. Our ability to research, plan and implement large scale renewable energy solutions allows our clients to achieve a significant competitive advantage. Visit our website www.envirogroup.com.au or contact us directly on 1300 430 430.
About Yingli Green Energy
Yingli Green Energy Holding Company Limited (NYSE: YGE), known as “Yingli Solar,” is the world's largest photovoltaic module manufacturer in terms of production capacity and shipments. With 2,450 MW of vertically-integrated annual production capacity, Yingli Green Energy’s manufacturing covers the photovoltaic value chain from ingot casting and wafering through solar cell production and module assembly. Headquartered in Baoding, China, Yingli Green Energy has more than 20 regional subsidiaries and branch offices and has distributed more than 7,000 MW PV modules to customers worldwide. For more information please visit www.yinglisolar.com and join the conversation on Facebook, Twitter and Weibo.