In six months, a renewable power initiative saw GemLife residents report an average power bill of just $8. This prompted GemLife to commit to a $75 million investment that will see more than 10,000 homes at its land lease communities connected to Virtual Power Plants over the next six years.
Now Prospecta Utilities, set up by the Puljich family, and Mondo, which was founded over a decade ago by Victorian network operator AusNet, have joined forces to deliver a renewable energy technical solution for the entire retirement living sector that will reduce energy costs and improve energy reliability.
The partnership brings Mondo’s Ubi Distributed Energy platform and Prospecta Utilities’ wireless enterprise network technology together with Virtual Power Plants (VPPs) to provide a fully integrated renewable energy generation system.
Prospecta Utilities Chief Executive Officer Mark Langdon said retirement living operators were uniquely positioned to harness the end-to-end technology, which could be deployed across new greenfield or existing projects nationally.
“The nature of land lease communities and others means all parties, the operator and the residents, benefit,” said Mark.
“We’ve seen the GemLife resorts connected to VPPs achieve up to 90% energy independence, with most of the energy generated on site. This has reduced reliance on the national energy grid, protecting residents from rising energy costs. There are a lot of happy homeowners.”
Mondo Business and Market Development Manager, Max Kamali, said the new technology will enable operators to sustainably power their communities, reducing their energy bills, while also monetising their investment by integrating with the energy grid.
“The VPPs are capable of networking rooftop solar across homes and community facilities to commercial-grade battery storage, optimising how energy is deployed both behind and in front of the meter,” he said.
Mark added the VPPs have been further enhanced with the overlay of new pioneering wireless enterprise network technology, which allows for in-depth monitoring, measuring and controlling of power to optimise battery storage.
“There is no one else in Australia offering this type of technology solution, it is totally unique.”
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