Mytilineos, Zen Energy ink PPA for 19-MW solar project in NSW

Greek industrial group Mytilineos SA (FRA:MYH) has secured an off-take partner for most of the output of an 18.7-MW solar park in New South Wales, Australia, which is planned to go online during the current quarter.

The long-term power purchase agreement (PPA) was signed with Australian renewable energy solutions provider Zen Energy. The latter said on Thursday it will procure 80% of the electricity that will be generated by the Wagga Wagga South solar farm and will also take the large-scale generation certificates (LGCs) for the output.

“ZEN is continuing to expand our PPA profile, now on a monthly basis,” the company’s executive general manager of future energy, Mark Sinclair, said.

The Wagga Wagga South photovoltaic (PV) park is currently in the commissioning phase. Consisting of roughly 49,300 solar panels, it will be an expansion to a 30-MW plant that has been generating power since June 2021.

Mytilineos has been operating on the Australian market since 2019, developing utility-scale solar and energy storage projects. Since then, the Greek firm has financed and built five solar farms in New South Wales and Queensland and is currently building two more.

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