Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTNovember 14 (Renewables Now) - The University of Technology Sydney (UTS) has signed a long-term deal to buy power generated by a new 32-MW solar farm that will be built in regional New South Wales by local firm Epuron.
More specifically, UTS has agreed to purchase from the AUD-40-million (USD 28.9m/EUR 25.6m) Walgett solar farm the equivalent of half the university’s annual electricity demand. The project is being developed in stages by Epuron and its construction is seen to start soon.
“With the UTS commitment to purchase our clean energy output, the Walgett Solar Farm can move ahead and we look forward to commencing construction in the coming months,” stated Epuron director Martin Poole.
First power is expected to be generated in mid-2019. In a whole year, the solar farm is estimated to produce about 63,000 MWh of electricity, which is enough to power 9,600 local homes.
(AUD 1.0 = USD 0.722/EUR 0.639)
Weekly renewables M&A round-up (Dec 2-6)
Dec 06, 2019 15:48 CESTPernod Ricard Winemakers reaches 100% renewable electricity
Dec 05, 2019 14:08 CESTTasmania's 2nd interconnector found feasible
Dec 05, 2019 10:29 CESTNSW gives nod to 90-MW solar project by Lightsource Development
Dec 05, 2019 10:02 CESTTilt Renewables agrees USD-732m sale of Aussie wind farm
Dec 05, 2019 8:58 CESTAPA officially opens 19.25-MW solar farm in Western Australia
Dec 04, 2019 14:26 CEST