The remaining capacity is on the ground. HMC has installed solar at 39 of 55 feasible sites and named unsuitable infrastructure as the reason for the rest. A canopy is a new structure sized to the lot, so roof age, roof plant and roof structure stop being the constraint.
What the canopy does for the asset
Capacity past the feasible-roof limit
Sixteen feasible sites still have no solar. A canopy is independent of the building, which brings those sites back into scope along with every asset where the lot is larger than the roof.
Storage is phase 3, and this is what fills it
The Net Zero Roadmap puts onsite energy storage next, after efficiency and generation. A battery is worth considerably more with generation behind it, and the car park is where that generation fits.
It suits healthcare load
A hospital or health hub runs a flat, high daytime base load and a car park that is full through the working day. Generation on the same site meets the load where it sits.
It feeds the embedded network you already run
Where HMC supplies electricity to tenants, generation on site is sold through a billing rail that already exists. That is the difference between an emissions line item and a revenue line.
Built for HMC's own targets
HMC has committed to net zero Scope 1 and 2 across the real assets it manages and controls, and reports roughly a 32% reduction against its FY22 baseline, or about 50% once the solar and embedded-network benefit is recognised. Solar reached over 70% of feasible sites in FY25, ahead of the 65% target. That programme has done what it set out to do and now needs a new surface.
The three sites drawn here come from three different parts of the platform: a large-format retail centre with 750 bays on a lot at 32% site coverage, a rehabilitation hospital, and a health hub. Together they add 4.2 MWp on land the funds already hold. The same screen applies across the rest of the healthcare and last-mile portfolios, where the buildings are low-rise and the lots are large.
Three sites, drawn and priced
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: 4.2 MWp, about 5.7 GWh a year generated on site, for roughly $7.7M of base scope.
Menai MarketplaceMenai, NSW
Prelim PP-HMC-001
2.99 MWpSystem size
~4.19 GWh/yrGenerated on site
12,460 m²Canopy coverage
3,956Solar modules
$5.21MBase scope, ex-GST ($1.74/W)
118Structural columns
750 bays on a lot at 32% site coverage. EV charging is not in this price and can be added.
Victorian Rehabilitation CentreGlen Waverley, VIC
Prelim PP-HMC-003
903 kWpSystem size
~1.13 GWh/yrGenerated on site
3,759 m²Canopy coverage
1,160Solar modules
$1.75MBase scope, ex-GST ($1.94/W)
40Structural columns
Health Hub MorayfieldMorayfield, QLD
Prelim PP-HMC-002
260 kWpSystem size
~0.39 GWh/yrGenerated on site
1,081 m²Canopy coverage
396Solar modules
$0.69MBase scope, ex-GST ($2.64/W)
17Structural columns
Drawn on the at-grade lot only. The undercroft parking is outside the scope.
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 across retail and healthcare
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 AstraZeneca canopy went up on an active pharmaceutical campus, which is the closest comparison to working around a live hospital.
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 reads as a designed part of the site. Installs can be staged where sections of the car park must stay open.
Grand Canyon, a continuous full-coverage canopy with integrated battery and EV charging.
Any site, in minutes
The three sites above took minutes each. We can do the same for any asset across the platform, 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 HMC wants to test, so the numbers reflect how you assess an investment.
How to proceed
Own it (CAPEX)
The fund holds the canopies and all the generation, on a 30-year design life, staged site by site across the platform.
Hardware as a service (OPEX)
$0 upfront. A service agreement arranged through an independent finance partner; the fund keeps the generation and pays from the savings and revenue.
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 assets, validate the layouts on the actual title boundaries, and firm the tariff, embedded-network and revenue assumptions with HMC's real figures. On the healthcare assets the operator controls car park access, so they come into the conversation early.