Burder Industries has installed a 355kWp solar PV system at its facility in Wangaratta, Victoria.
Supplied by world-leading solar photovoltaic (PV) module manufacturer, Yingli Solar and installed through its distribution partner, EnviroGroup, a specialist provider of renewable energy products and systems for commercial, government and residential clients, the new solar power system will provide for 90 per cent of Burder Industries’ daily energy consumption while reducing electricity costs by over 70 per cent each year.
EnviroGroup installed 1,420 250W YGE high efficiency polycrystalline PV panels, which will generate approximately 467MWh of solar energy per year.
Burder Industries is a regional manufacturer of customised tractor and earthmoving equipment for the agricultural industry. Competing directly with cheaper imported equipment, the company needed to reduce operating costs to increase their competitiveness in the market. With energy accounting for a large part of their costs, Burder looked toward solar energy for a solution.
The solar PV installation at Burder Industries also provides a 25-year hedge against future electricity price rise, also reducing their carbon footprint by up to 607 tonnes annually. The company’s investment in solar PV is expected to generate an Internal Rate of Return (IRR) of over 25 per cent annually.
According to Adam Fendyk, General Manager, Burder Industries, the company views the switch to solar as a wise investment decision though it has involved a large capital investment for the business. He adds that the decision to go solar will be critical to the long-term success of their business as it will enhance their domestic competitiveness and the longevity of their operations.
Daman Cole, Managing Director for Yingli Green Energy in Australia, New Zealand and the Pacific adds that solar power is vital for energy intensive companies such as Burder Industries as it will help to reduce their operating costs and carbon footprint.
EnviroGroup managed all aspects of the solar project including system design, installation, high voltage connection design and upgrade, 500kVA substation sourcing and installation, grid connection and metering.
One of the world’s largest solar panel manufacturers, Yingli Solar has delivered more than 30 million photovoltaic panels or the equivalent of over 9 gigawatts of solar energy to homes, businesses and utilities in more than 50 countries.