Flow Power is pleased to announce that it has signed ANCA, a market leader in CNC machinery manufacturing and systems as a renewable corporate Power Purchase Agreement customer.
One of the first of its kind in Australia, ANCA’s landmark agreement sources renewable energy from the Ararat Wind Farm. This renewable energy can be used in real time under the PPA arrangements to offset grid electricity consumption, potentially saving ANCA thousands of dollars in electricity costs and reducing overall emissions.
The Power Purchase Agreement links ANCA’s energy supply to the Ararat Wind Farm, accessing fixed rates for long term savings over a period of ten years. The agreement secures a fixed percentage of wind power directly from the renewable generator in real time, calculated at 30 minute intervals under a take or pay’ arrangement, meaning that ANCA will only pay for what it uses.
“At ANCA we are always looking for opportunities to reduce our impact on the environment and, as a manufacturing plant, the partnership with Flow Power to access renewable power will bring us tremendous benefits. This is a win-win helping both our business and the environment.”
“ANCA has succeeded on a global scale by taking an innovative approach to manufacturing. We see Flow Power’s unique model of giving companies back the control over their energy costs as an approach that shares our core value of innovation.”
Grant Anderson, ANCA Chief Operating Officer
“We’re very pleased to welcome ANCA as a customer and as one of the very first companies to benefit from Flow Power’s Renewable Corporate PPA. This type of deal is a game changer. Finally, we’ll begin to see Australia to catch up with other international markets that have proven this model to be a success.”
“Flow Power empowers businesses to take control of their energy consumption. Our Renewable Corporate PPAs will open up the market to more Australian businesses and allow them to access lower power prices through agreements that have only previously been available to big corporations with the scale to negotiate one-to-one with large renewable generators.”
Matthew van der Linden, Flow Power Chief Operating Officer
Read more about this story in The Age.
ABOUT ANCA
ANCA is a market leading manufacturer of CNC grinding machines. It was founded in 1974 in Melbourne, Australia where the company still has its global headquarters. ANCA has offices in the UK, Germany, China, Thailand, India, Japan, Brazil and the USA as well as a comprehensive network of representatives and agents worldwide. ANCA CNC grinders are used for manufacturing.
ANCA CNC grinders are used for manufacturing precision cutting tools and components across a diverse range of competitive industries including cutting tool manufacture, automotive, aerospace, electronics and medical.
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