Diab Engineering selected Infinite Energy to design, install and commission a 100kW commercial solar system at its Geraldton workshop. Infinite Energy prepared and managed an application for the Clean Technology Investment Program on behalf of Diab, which secured 50% funding for the project. This program is part of the Australian Government's assistance to manufacturers under the Clean Energy Future Initiative. Diab also received the benefit of STC's under the Solar Credits Scheme, taking the total external funding to over 60% of the project cost.
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| Company | Diab Engineering |
|---|---|
| Location | Geraldton |
| Installation Date | 03 / 2013 |
| Industry | Manufacturing, Engineering & Transportation |
| Solution | Solar Power & Grid Electricity - System capacity 99.84 kW
|
| CO2- e. Abatement Per Year | 89 tonnes |
| CO2 Equivalent Reduction | 331 trees saved per year |
| Energy Output Per Year | 116,700 kWh |
| Solar % of Consumption | 30% |
| Grid Electricity % of Consumption | 70% |
| Projected Payback Period | 4 years |
| Year 1 Return on Investment | 34% |
| 10 Year NPV | $193,300 |
| Annual Savings | $41,000 |
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