Neoen inks second PPA for 412-MW wind project in South Australia
GE launches the Cypress onshore wind platform. Image by: GE Renewable Energy.
Australian electricity retailer Flow Power has clinched a deal to procure electricity from a 40-MW portion of Neoen SA’s (EPA:NEOEN) 412-MW wind farm being installed as part of the Goyder Renewables Zone project in South Australia.
Power deliveries will take place through a 10-year power purchase agreement (PPA), the Australian firm said on Tuesday. The electricity, equal to close to 10% of the project’s overall generation capacity, will help Flow Power meet the demand of its retail customers in South Australia.
France-based Neoen started early construction works for the Goyder South Stage 1 wind farm in January and expects to bring it online in 2024. It already has a 100-MW PPA in place with the Australian Capital Territory (ACT). To be equipped with 75 GE 5.5-158 Cypress platform turbines, the power plant will be the first phase of a massive project envisaging the phased installation of up to 1,200 MW of wind, 600 MW of solar and 900 MW/1,800 MWh of energy storage capacity.
The Goyder Renewables Zone near Burra will be developed at a total cost of over USD 3 billion (USD 2.08bn/EUR 2.03bn), Neoen estimates.
The PPA for Goyder South Stage 1 brings Flow Power’s total renewable energy portfolio to 367 MW, the Aussie firm noted.
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.