April 19 (Renewables Now) - The renewables unit of Italian energy major Enel SpA (BIT:ENEL) confirmed on Thursday it has commenced construction of a 34.2-MW photovoltaic (PV) plant in Australia.
The given capacity is in direct current (DC).
Enel Green Power Australia Pty Ltd will build the facility in the Shire of Gannawarra, Victoria state, at a total cost of over USD 42 million (EUR 37.4m). The Cohuna Solar Farm is expected to start operations by the end of 2019.
Consisting of around 87,000 bifacial modules, the plant should be able to generate up to 77 GWh of electricity per year and offset some 71,000 tonnes of carbon dioxide (CO2) emissions.
The PV farm has a 15-year support agreement with the state government for its power and green certificates. This was awarded to Enel in the November 2017 renewable energy reverse auction.
Currently, Enel Australia owns the largest operational PV facility in the country, the 275-MW Bungala Solar PV Project, in a joint venture with Dutch Infrastructure Fund (DIF).
(USD 1 = EUR 0.89)