ENGIE and Springfield Hyundai sign 10-year energy agreement

Accelerating the decarbonisation of industries and communities is ENGIE’s core mission and we achieve this through long-term partnerships with clients.

A new 10-year energy agreement between Springfield Hyundai and ENGIE Services - Australia & New Zealand will drive the transition to green energy consumption at the site, as well as operational cost savings – benefiting Hyundai, its team members, and the environment.

The agreement includes a solar power purchase agreement (PPA) and the installation of a 50.1 kWp rooftop solar system at the site to replace half of Springfield Hyundai's annual electricity consumption. ENGIE will also supply grid electricity to the site through its retail arm, Simply Energy.

After the agreement term, total site energy costs with the installed rooftop solar are estimated to be 30% lower than the forecast grid-only electricity cost for the dealership.

The agreement is another example of progress in the wider delivery of the recently announced Zero Net Energy Roadmap for Springfield. The roadmap is a result of a long-term partnership between Springfield City Group and ENGIE, with the aim of the city becoming the world’s greenest by 2038.

Part of the roadmap will focus on accelerating Electric Vehicle (EV) uptake, and the partnership with Springfield Hyundai provides an early example of how ENGIE will support the EV transition through solar generation, load management, energy storage and EV charging solutions.

Overall, the agreement demonstrates how ENGIE is providing practical, cost-effective energy solutions to its partners now, in their journey towards a carbon-neutral Australia. It also shows the strength of the offer ENGIE brings when a site’s total energy requirements are delivered holistically by ENGIE entities.


General News
Nov 25, 2020
#Cities and Precincts