The structure is already written. Stockland licences roof space to a third party who funds, owns and operates the asset, runs the embedded network and sells the energy, and Stockland takes an upfront payment plus recurring licence income for zero capex. A car park canopy fits that structure exactly. It is the same deal on a different surface.
What the canopy does for the asset
Generation that scales with the portfolio
Net zero is now a position to maintain, footnoted against material changes in portfolio composition. Town Centres went from 16 assets to 17 in six months. Every new centre and every EV bay adds load that has to be matched with new generation.
Solar where the demand actually is
Stockland has disclosed the mismatch: high-demand assets have limited roof and high-roof assets have low demand, so solar is traded between them. A town centre canopy puts several megawatts directly under the load, on the site that already uses the power.
NABERS, where the gap is
Town Centres sit at 4.7 stars NABERS Energy against a 5.0 star target by FY27. Onsite generation on the common-area meter is one of the few levers left that moves a mature centre's rating.
Shade that lifts the centre
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. Across regional Queensland and coastal New South Wales, that shade is worth something on its own.
Built for Stockland's own targets
Stockland achieved net zero Scope 1 and 2 on 12 December 2025, more than 90% of it through absolute reduction rather than offsets, and the commitment now is to maintain that position subject to any material change in portfolio composition. The rooftop programme behind it is 45 MWp across more than 50 buildings, of which over 28 MWp was installed or under construction at 31 December 2025. Delivering the balance is roof space that is already identified and already spoken for.
The car park is the surface that is not. There are 26,967 car spaces across the sixteen operating town centres, largely at-grade and largely single-level, on assets that already carry a rooftop array, an embedded network and, at sixteen centres, a committed Ampol EV charging rollout. A canopy adds generation to the same meter, on land already owned, with no greenfield acquisition and no procurement premium. Against a 5.0 star NABERS target by FY27 and the first mandatory climate statement landing this year, it is the most direct capacity left to add.
Drawn and priced on your own car parks
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 2: 4.6 MWp, about 6.2 GWh a year generated on site, for roughly $8.1M of base scope.
Stockland Point CookPoint Cook, VIC
2.49 MWpSystem size
~3.11 GWh/yrGenerated on site
10,355 m²Canopy coverage
3,160Solar modules
$4.37MBase scope, ex-GST ($1.76/W)
$4.61MWith EV charging, ex-GST
Drawn as three separate blocks so the centre can stage the works and keep sections of the car park open.
Stockland Hervey BayHervey Bay, QLD
Prelim PP-SLN-001
2.08 MWpSystem size
~3.12 GWh/yrGenerated on site
8,661 m²Canopy coverage
2,692Solar modules
$3.69MBase scope, ex-GST ($1.78/W)
$3.93MWith EV charging, ex-GST
Base scope is the canopy structure, install, civil, lighting, safety and engineering. EV charging is shown as an option. Site transport, trenching and battery are not included and can be added.
Proven with the retailers in your centres
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 Stockland's town centres.
IGA Baranduda, VIC. A Canyon Solar delivery.
The Grand Canyon
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.
Grand Canyon, a continuous full-coverage canopy with integrated battery and EV charging.
The rest of the portfolio at a glance
Beyond the centres drawn above, we screened the town centres for large, flat, at-grade car parks and sized each from its published car space count. Together the 11 centres represent roughly 21.6 MWp and $39-46M of indicative solar canopy, a programme that can be staged centre by centre.
| Site | Location | Anchors | System | Indicative |
|---|
| Stockland Hervey Bay Drawn & priced | Hervey Bay, QLD | Kmart, Fresh & Save, Coles | 2.08 MWp | $3.69M |
| Stockland Point Cook Drawn & priced | Point Cook, VIC | Target, Coles, Woolworths | 2.49 MWp | $4.37M |
| Stockland Rockhampton Desktop | Rockhampton, QLD | Big W, Kmart, Woolworths, Coles | ~4.65 MWp | $7.7-9.5M |
| Stockland Burleigh (Complex) Desktop | Burleigh Heads, QLD | Big W, Woolworths, Aldi | ~2.59 MWp | $4.8-5.8M |
| Stockland Forster Desktop | Forster, NSW | Bunnings, Kmart, Coles, Woolworths, Aldi | ~2.26 MWp | $4.2-5.1M |
| Stockland Baldivis Desktop | Baldivis, WA | Kmart, Coles, Woolworths, Aldi | ~2.21 MWp | $4.1-5.0M |
| Stockland Wendouree Desktop | Wendouree, VIC | Kmart, Woolworths, Coles | ~1.92 MWp | $3.5-4.3M |
| Shellharbour Retail Park Desktop | Shellharbour, NSW | Woolworths + LFR | ~1.23 MWp | $2.5-3.0M |
| Stockland Birtinya Desktop | Birtinya, QLD | Coles, Aldi | ~859 kWp | $1.7-2.1M |
| Stockland Harrisdale Desktop | Harrisdale, WA | Woolworths, Aldi | ~822 kWp | $1.7-2.0M |
| Stockland Baringa Desktop | Baringa, QLD | Supa IGA | ~474 kWp | $1.1-1.4M |
Desktop figures are derived from site area or lettable area and are indicative only. Drawn-and-priced figures come from a scaled layout and our pricing engine. All subject to site assessment.
Any site, in minutes
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, licence structure or target return Stockland wants to test, so the numbers reflect how you assess an investment rather than our assumptions.
How to proceed
Own it (CAPEX)
Stockland holds the canopies and all the generation, on a 30-year design life, staged centre by centre across the town centres.
Licence the space
The same structure Stockland already uses on its roofs. An independent funder owns and operates the canopy, Stockland licences the car park space and takes an upfront payment plus recurring income, at no capex.
Every canopy is engineered, factory-built and installed by the team that has delivered 16 projects across three states.
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 licence assumptions with Stockland's real figures.