Enosi Energy has signed a unique initiative with real estate investment company EG Funds using a aligned energy supply agreement to increase the renewable energy used by commercial properties in Sydney, Australia.
Netherlands-based renewables developer Photon Energy has been generating energy for EG Fund properties since January 2024, from its 14.6 MW/27.8 GWh Leeton and Fivebough solar parks. The energy is matched every 30 minutes with the consumption load of two EG Funds buildings in Sydney.
Business energy retailer Next Business Energy is also participating in the project.
Enosi energy Head of Strategy Grant McDowell said the MESA is a powerful and elegant solution to enable access to solar and wind energy for all.
“We always knew that the deep-seated complexity in the electricity sector was a major challenge we had to overcome, and the MESA product, powered by Powertracer, offers simple, cheaper energy purchasing in the commercial real estate sector and beyond,” he said .
Joshua Harvey, Managing Director of Photon Energy Group’s New Energy Division Australia, said the MESA is a ground-breaking new energy product that goes hand in hand with their business goal of making clean energy more accessible.
“It helps us innovate for customers and diversify our solar farm offerings, and we look forward to many more MESAs in the future,” he said.
Next Business Energy CEO David Hayes said the long-term supply of renewable, clean energy is the future of Australia’s energy supply.
“We are proud to be part of this important innovation. Through partnerships like the MESA, Next Business Energy aims to be the industry leader in demonstrating a commitment to renewable energy sources, while also delivering market-leading service and competitive pricing,” he said.
Managing Director of EG Funds, Roger Parker, said the company has pledged to commit to Real Zero Carbon by 2030 and that aligning energy taxes with solar and wind power generation at a lower cost than standard electricity prices is the first step opens up in their ambition for 24/7 carbon-free energy.
“For electricity purchasing decision makers across the market, MESA represents a powerful new tool for purchasing lower cost solar or wind energy directly through retail suppliers and represents the first step in the evolution towards providing access to matched energy from solar and wind farms at a reasonable price. lower costs over a standard retail contract term,” he said.
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