Carnegie will then retail the energy to tenants of the business park.
"It will lead to a 20 per cent reduction in power prices which will lead to a surge of new businesses to actually create the extra tenants to come into the Holden site," Mr Weatherill said.
Carnegie managing director Michael Ottaviano said the solar system would cover about a fifth of the Holden factory's roof space, and would be one of the largest behind-the-meter microgrids in the country.
"What it will do is give energy to the current and future tenants of the former Holden manufacturing facility that is cleaner, more secure and cheaper than what they can currently access from the grid," he said.”
CCE Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
