Neoen inks off-take deal for 320 MW solar capacity in Queensland
Solar panels. Photo by: Neoen (www.neoen.com).
CleanCo, the publicly-owned renewable electricity generation company of Queensland, will buy power from of 320 MW of capacity at a 480-MWp solar park to be built in the Australian state by France’s Neoen.
The power purchase agreement (PPA) signed by the two companies is allowing construction on the big project to begin in July. The deal was unveiled by the Queensland government on Wednesday.
The Western Downs Green Power Hub, set to become Australia’s biggest solar photovoltaic (PV) complex, will be located near Chinchilla, in the Western Downs region, connecting through an existing substation owned by electricity transmission system operator Powerlink. French renewable energy developer Neoen plans to bring the power plant online in the first quarter of 2022.
Once fully operational, the solar farm is expected to generate around 1,080 GWh of electricity annually, equal to the consumption of about 235,000 local homes.
“As our economy emerges from the worst impacts of COVID-19, we need projects ready to go that will create jobs and stimulate spending, especially in regional Queensland,” said Jackie Trad, Queensland’s Deputy Premier. “This is CleanCo’s third investment on behalf of its owners, the people of Queensland, and means Queenslanders now have 820 MW of new renewable energy in the pipeline.”
According to the project's website, the site also holds up to 150 MW battery energy storage potential.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.