April 13 (Renewables Now) - Acciona Energy, the renewable energy division of Spanish infrastructure group Acciona SA (BME:ANA), has been selected to build an up to 265-MW solar park in Queensland, Australia, slated for commissioning in 2020.
Following a competitive selection, the Spanish company has signed a 30-year Agreement for Lease with the Queensland government to develop, finance, build and operate the AUD-500-million (USD 390m/EUR 316m) photovoltaic (PV) park, according to an official statement on Friday. The next step for it will be to undertake a feasibility study and secure development approvals, expected to happen in around 12 months. Construction of the plant can start in the second half of 2019 and be completed in 2020, the state government said.
The Aldoga PV plant will be built on 1,250 hectares of underutilised state-owned land near Gladstone. Once up and running, it is to produce enough power for up to 122,000 homes. It will be linked to the grid via Powerlink’s Larcom Creek substation.
The project will come with an annual community benefits fund of AUD 50,000-120,000 as per the lease agreement. Local sub-contractors and manufacturers will be given priority during its implementation.
Queensland’s installed renewable energy capacity presently exceeds 780 MW. An additional 2,200 MW of projects have been financially committed or are under construction, the state government said.
(AUD 1.0 = USD 0.780/EUR 0.632)