ANZ Bank Pilot Program

ANZ Bank has initiated a pilot program with Upstream, paving the way for a cleaner and greener future for banking in Australia. This first phase sees Upstream deploying our customised, consumption-based solar Power Purchase Agreements (PPAs) to 11 ANZ Bank sites spread across four states.

The program to date has resulted in the installation of 350kW of solar energy equipment, delivering immediate savings of up to 20% for ANZ. Through this sustainable solution, the bank will displace over 340 tonnes of carbon emissions in the next 12 months, making a significant contribution to environmental preservation. It sends a clear signal to corporate institutions in Australia that on-site, distributed generation is the lowest cost of power and is achievable with zero capital outlay.

Upstream's unique business model leverages vacant asset space of unused rooftops to generate immediate savings (and often a reliable landlord income source) via low-cost renewable energy. We handle everything from assessment, proposal creation, engineering, installation, and maintenance, ensuring a hassle-free transition to solar for our clients.

ANZ Bank's successful adoption of Upstream's solar PPA solution at 11 sites signifies a critical shift towards sustainable practices within the banking sector. With promising initial results, ANZ is expressing a keen appetite to continue the solar rollout across their national portfolio of 570 branches.

At Upstream, we pride ourselves on our ability to offer bespoke solar solutions, whether for single-site tenants, multi-site property groups, or national brands like ANZ Bank. We're thrilled to have had the opportunity to bring our expertise and dedicated service to this project, tailoring a solution that aligns with ANZ's unique energy consumption profile and sustainability goals.

This partnership is a testament to Upstream's commitment to provide sustainable, cost-effective solar solutions to commercial entities across Australia. Regardless of the size or location of your operation, Upstream can design a solar solution to suit your needs, helping you realise significant savings while also reducing your carbon footprint.

For more information about how Upstream can help your business transition to solar, please get in touch with our team today.

If you’re ready to reduce energy costs and take a step towards a zero cost electricity future, we’re on hand to answer any questions you might have.