SNOWY HYDRO LIMITED
Lake Eucumbene , SHL
understand the condition they ’ re in , including better understanding the capital investment we have to make to sustain them .”
SHINING OPPORTUNITIES ON THE HORIZON As a predominantly hydro company , Snowy is a leader in renewable energy and intends to compete with the likes of Tesla and others to capture more of the solar market in Australia — an estimated 1.4 million households . Snowy currently services only 30,000 of those solar powered homes through its retail companies , but according to Broad , that ’ s merely the beginning .
“ We are entering the solar market very carefully because it ’ s a new frontier we haven ’ t extensively explored . Snowy doesn ’ t
58 February 2016