This supply agreement is worth approximately $60 million over 10 years, and is the largest renewable energy deal of its kind in Australia. The renewable energy will be drawn from generation sources such as wind, hydro and solar.
“Today’s agreement is a significant milestone for Better Place as we move towards the deployment of our electric car charging infrastructure in Canberra later this year”, said Better Place Australia Chief Executive Officer Evan Thornley.
“This agreement is part of a high-value, long term relationship that demonstrates the willingness of industry participants such as ActewAGL to be at the leading edge of environmentally responsible solutions that support Australia’s transition to a low-carbon future.
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Simon Corbell has chimed in with a media release:
Mr Corbell said a city-wide trial in Canberra is well under way and is scheduled to commence
operations in 2012. In July 2009, Better Place Australia, an electric vehicle infrastructure and services
provider, announced it had selected Canberra as the site of its first city-wide rollout of electric vehicles
infrastructure in Australia.
“The ACT Government strongly supports the use of electric vehicles as a way of reducing our city’s
greenhouse gas emissions,” said Mr Corbell.