Australian wind project offers USD 55/MWh in ACT auction

The developers of the up to 270-MW Hornsdale wind park in South Australia have won a deal to sell power generated by the project's 100-MW first phase at AUD 77.00 (USD 55/EUR 50.8) per MWh, a record-low wind price for the country.

France-based Neoen International SAS and partner Megawatt Capital Investments were awarded the contract as part of the Australian Capital Territory’s (ACT) 200-MW second large-scale wind reverse-auction, local media report, quoting environment minister Simon Corbell.

In October, the ACT government announced it had received 15 proposals, totalling more than 1,100 MW, as part of the auction. The other winners will be unveiled early next year, upon signing of the contracts, Corbell said.

The Hornsdale wind farm will be built to the north of Jamestown. In August, Neoen said it had achieved financial close on the project and hired Germany’s Siemens to construct, operate and maintain the 100-MW phase-I facility.

The developers have committed to pour AUD 10.8 million into the local economy, including AUD 6.5 million to support research activities, according to the minister.

(AUD 1.0 = USD 0.716/EUR 0.660)

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