Australia's Decmil joins 250-MW Maoneng solar project

Solar array. Author: U.S. Department of Agriculture .

December 5 (Renewables Now) - Australian builder Decmil Group Ltd (ASX:DCG) is in line for a contract to build a 250-MW solar park with energy storage in the Australian state of New South Wales.

The company said today it has signed an exclusive memorandum of understanding (MoU) with Maoneng Australia, the company behind the Sunraysia solar photovoltaic (PV) project. The partners will work together on the early engineering design and finalisation of an engineering, procurement and construction (EPC) contract of about AUD 275 million (USD 210m/EUR 177m).

The EPC deal is to be awarded in March, subject to agreement on commercial terms and financial close on the project.

Australian Chinese group Maoneng said in June the Sunraysia Solar Farm had secured planning approval. It will be built near Balranald in one of the sunniest parts of the state of New South Wales. Maoneng said at the time the park would be producing 530 GWh of power per year, transmitted via Transgrid’s network in New South Wales and Victoria.

(AUD 1 = USD 0.76/EUR 0.64)

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Tsvet has been following the development of the global renewable energy industry for seven years now. She's got a soft spot for emerging markets.

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