The backers of three large solar farms have locked in the final piece of their funding puzzle after securing debt financing from a group including the federal government and Commonwealth Bank of Australia.
Local developer Edify Energy and its German investor, Wirsol, will now look to begin work on the farms in Queensland and Victoria and have the first power flowing by early next year.
The Edify Energy projects are:
- The 57.5MW Whitsunday Solar Farm, north of Collinsville, which has a 20-year power purchase agreement (PPA) with the Queensland government. The project is expected to generate about 144,000MWh of energy annually, enough to power an estimated 31,000 homes. This project is also receiving up to $9.5 million in grant funding from the Australian Renewable Energy Agency (ARENA).
- The 57.5MW Hamilton Solar Farm, also north of Collinsville in Queensland, which is expected to generate about 144,000MWh of energy annually, enough to power an estimated 31,000 homes. Energy will be sold into the grid on a predominantly uncontracted or merchant basis.
- The 50MW (AC) Gannawarra Solar Farm, west of Kerang in Victoria, which has a 13-year deal with EnergyAustralia. It is expected to generate about 116,000MWh of energy annually, enough to power an estimated 25,000 homes.
Résumé en français
Edify Energy et Wirsol ont obtenu le financement du gouvernement fédéral australien et de la Commonwealth Bank of Australia pour construire trois fermes solaires à Collinsville (état de Queensland) et à Kerang (état de Victoria) pour un montant de 230 millions de dollars.
Illustration en vidéo
Source de l’information
The Sidney Morning Herald
Article: Government, CBA in landmark $230m solar deal.
Sujet et source de l’image
Sujet de l’image: Ville côtière – Queensland – Australie.
Source de l’image : Good Free Photos.