Onsite capacity across the portfolio has been flat since FY23 while the centre count has fallen. The car park is the only remaining surface that can add real megawatts without buying land.
Generation on site offsets common-area load directly: mall lighting, HVAC, car park and the EV bays now being added. It is measured, auditable and it sits inside the reporting boundary.
Covered parking is a visible shopper amenity: protection from sun, heat and hail, a better arrival, and support for dwell time, foot traffic and tenant retention. In Adelaide, Brisbane and the Gold Coast that shade is worth something on its own.
The same structure carries LED lighting, security and CCTV, EV charging and battery. Lake Haven and Broadmeadows already have storage installed. The canopy is what fills it.
Vicinity set its Net Zero 2030 target in 2019, covering Scope 1 and 2 across the common mall areas of its wholly-owned centres, and supported it with a $73 million investment in onsite solar. That programme is complete. At FY25 the portfolio reported 33.1 MW across 21 centres, against 33.49 MW across 22 centres two years earlier. Net Zero portfolio emissions intensity improved 2% year on year and energy intensity was flat. With five years left, the next tranche of generation has to come from somewhere new.
At the same time, load is being added. There are now 116 EV charging spaces across 28 centres under the ENGIE partnership, and battery storage went live at Lake Haven and Broadmeadows Central in April 2025. Vicinity's own climate work names rapid adoption of renewables as a material opportunity. A car park canopy is the only way to add several megawatts per centre on land Vicinity already owns, and it is hard, disclosable infrastructure at the point where mandatory climate reporting begins.
These are not desktop guesses. Each canopy below was drawn to scale on the site's actual car park and priced through our engine. Figures are preliminary, ex-GST, subject to site assessment. Across these 3: 11.2 MWp, about 16.7 GWh a year generated on site, for roughly $19.4M of base scope.
Canyon Solar factory-builds solar canopies that turn large car parks into onsite power generation and shade. We have delivered them for Woolworths, across six sites, and for IGA, AstraZeneca and CSIRO. The canopy below sits over a supermarket car park, the same anchor format that trades across Vicinity's portfolio.
For the main lots, the standout design is the Grand Canyon: a continuous, full-coverage canopy with no gaps over the driving lanes. It gives the highest solar density in our range and a clean roofline that makes the car park look like a designed part of the centre, not an afterthought.
Beyond the centres drawn above, we screened the wider portfolio for large, flat, at-grade car parks and sized each from its published car space count. Together the 28 centres represent roughly 53.2 MWp and $97-115M of indicative solar canopy, a programme that can be staged centre by centre.
| Site | Location | Anchors | System | Indicative |
|---|---|---|---|---|
| Colonnades Drawn & priced | Noarlunga Centre, SA | Big W, Kmart, Harris Scarfe, Aldi, Coles, Woolworths… | 2.70 MWp | $4.73M |
| Harbour Town Gold Coast Drawn & priced | Biggera Waters, QLD | Woolworths, Reading Cinemas | 5.34 MWp | $9.09M |
| Grand Plaza Drawn & priced | Browns Plains, QLD | Big W, Kmart, Target, Aldi, Coles, Woolworths… | 3.21 MWp | $5.58M |
| Elizabeth City Centre Desktop | Elizabeth, SA | Big W, Target, Harris Scarfe, Coles, Woolworths… | ~4.93 MWp | $8.2-10.0M |
| DFO Brisbane Desktop | Brisbane Airport, QLD | (outlet) | ~4.03 MWp | $6.7-8.2M |
| Broadmeadows Central Desktop | Broadmeadows, VIC | Kmart, Aldi, Coles, Woolworths, HOYTS | ~3.39 MWp | $5.6-6.9M |
| DFO Essendon Desktop | Essendon Fields, VIC | JB Hi-Fi Home, Chemist Warehouse | ~3.22 MWp | $5.4-6.5M |
| Cranbourne Park Desktop | Cranbourne, VIC | Kmart, Target, Harris Scarfe, Coles | ~2.63 MWp | $4.9-5.9M |
| Lake Haven Centre Desktop | Lake Haven, NSW | Kmart, Aldi, Coles, Woolworths | ~2.57 MWp | $4.8-5.8M |
| Eastlands Desktop | Rosny Park, TAS | Big W, Kmart, Coles, Woolworths, Village Cinemas | ~2.24 MWp | $4.1-5.0M |
| DFO Moorabbin Desktop | Moorabbin Airport, VIC | (outlet) | ~2.11 MWp | $3.9-4.8M |
| Castle Plaza Desktop | Edwardstown, SA | Coles, Drakes, Target | ~2.00 MWp | $3.7-4.5M |
| Whitsunday Plaza Desktop | Cannonvale, QLD | Big W, Harvey Norman, Woolworths | ~1.78 MWp | $3.3-4.0M |
| Taigum Square Desktop | Taigum, QLD | Big W, Woolworths | ~1.66 MWp | $3.1-3.8M |
| DFO Uni Hill Desktop | Bundoora, VIC | (outlet) | ~1.36 MWp | $2.8-3.4M |
| Nepean Village Desktop | Penrith, NSW | Kmart, Coles | ~1.34 MWp | $2.7-3.3M |
| Northgate Desktop | Glenorchy, TAS | Coles, Woolworths | ~1.31 MWp | $2.6-3.2M |
| Gympie Central Desktop | Gympie, QLD | Big W, Woolworths | ~1.16 MWp | $2.4-2.9M |
| Armidale Central Desktop | Armidale, NSW | Kmart, Woolworths | ~946 kWp | $1.9-2.3M |
| Mornington Central Desktop | Mornington, VIC | Coles, Woolworths | ~778 kWp | $1.6-1.9M |
The centres above took minutes each. We can do the same for any site in the portfolio, live: draw the canopy to scale on the car park, size it, and price it while you watch. We can also run the full economics on your own inputs, whatever tariff, self-consumption, finance structure or target return Vicinity wants to test, so the numbers reflect how you assess an investment rather than our assumptions.
Vicinity holds the canopies and all the generation, on a 30-year design life, staged centre by centre across the portfolio.
$0 upfront. A service agreement arranged through an independent finance partner; Vicinity keeps the generation and pays from the savings and revenue.
A short working session to confirm the priority centres, validate the layouts on the actual title boundaries, and firm the tariff, common-area load and revenue assumptions with Vicinity's real figures.