Thai Ratch toasts to 2nd PPA for 227-MW Aussie wind farm

First concrete pour at the Collector wind farm project in Australia. Image by Collector Wind Farm (www.collectorwindfarm.com.au)

March 26 (Renewables Now) - Thailand’s Ratch Group PCL (BKK:RATCH) on Wednesday said its Australian subsidiary has secured a second off-taker for the output of the 226.8-MW Collector wind farm it is building in New South Wales.

Two days ago, RATCH-Australia Corporation Pty Ltd signed a ten-year power purchase agreement (PPA) with supermarket chain ALDI Foods Pty Ltd, covering 19.4% of the future wind farm’s output. The PPA goes into effect with the start of commercial operation at the Collector wind farm in early 2021, the Thai independent power producer said.

The off-take deal comes less than a month after Infigen Energy (ASX:IFN) signed a ten-year PPA for 60% of Collector’s output. Infigen procured electricity generated by a 136-MW portion of the wind farm, equivalent to some 300 GWh of power per year.

The two PPAs represent around 419.23 GWh per year.

Once in operation, the wind farm will generate about 528 GWh annually and the remaining 20.6% of its output will be sold to the Australian power pool market.

The Collector wind farm, 100% owned by RATCH-Australia, is scheduled for first commissioning in November 2020. Commercial operations are due to commence in January 2021.

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Sladjana has significant experience as a Spain-focused business news reporter and is now diving deeper into the global renewable energy industry. She is the person to seek if you need information about Latin American renewables and the Spanish market.

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