- Press Releases
January 16 (Renewables Now) - BayWa re renewable energy GmbH of Germany today said it has switched on two wind parks with a combined capacity of 14.4 MW in Victoria, Australia, and announced plans for their sale.
The company, a unit of BayWa AG (ETR:BYW6), started building the plants in Timboon West and Yawong last March. Each of the two facilities uses two V126 3.6 MW turbines by Denmark’s Vestas Wind Systems (CPH:VWS), which together are expected to generate enough electricity to supply 9,000 Aussie households. Their output will be sold under a power purchase agreement (PPA) with Alinta Energy.
Following completion, the German developer plans to offload the two wind parks together with the PPAs and 15-year operation and maintenance (O&M) contracts with Vestas. Meanwhile, BayWa will continue to provide ongoing commercial and technical management of the assets.
The wind farms are the first commissioned plants in BayWa re’s Australian project pipeline. The company said it expects to bring online three more wind parks by September 2020.