The building at 7-Eleven will be the first apartment in the capital to be built from renewable energy sources, according to the company.
The $2.5 million building, which will have a roof made of solar panels, will be built on the corner of Martin Place and St Andrew’s Street.
Key points:The 7-11 franchise will provide energy to the premises, which is expected to be able to produce up to 2,000 kilowatts of power each day.
The roof will provide insulation and cover a large portion of the building.
The franchise has a 30-year lease.
It will include electricity generation for a small number of buildings.
“This is the first time we’ve ever built a rooftop solar building in Canberra, and we’re hoping to get to a point where it becomes the standard,” 7-12 franchise owner David Taylor said.
Mr Taylor said the franchise will work closely with the local power grid to manage the building’s energy consumption.
“If the building gets to that point, the whole business will be run on renewables,” he said.
The building’s solar panels will be installed from the rooftop of the 7-13 franchise.
A pilot project with the 711 franchise is currently in place.
Mr Taylor says the franchise is still looking for a new location, but says he is confident that the new 7-9 franchise will be able provide the same level of solar power to the franchise.
“It will provide the best of both worlds, we’ll be able get a very large amount of electricity for less than what we would pay for a rooftop,” he told 7News.
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