Lightsource BP has signed a 15-year PPA with Snowy Hydro, for its 107 MWdc solar farm located in West Wyalong, New South Wales, Australia. Snowy Hydro will purchase two-thirds of the 238,000MWh generated annually from the solar farm through a 15-year PPA.
Under the arrangement, Snowy-Hydro will in turn supply 23,000 MWh of renewable energy annually, through Red Energy, to bp for 10 years to meet the power requirements of all its service stations throughout the state of New South Wales.
Country updates
-
-
March 09, 2021
I Squared Capital commits AUD500mn to build Energy Transition Platform in Australia
Clean Energy Fuels Australia (CEFA) has been acquired by global infrastructure fund I Squared Capital (ISQ) paving the way for the development of an Energy Transition Platform focused on reducing the...
Read more -
March 09, 2021
Suez in advanced talks to sell Australian arm to Cleanaway
Cleanaway Waste Management is in talks to acquire one of its biggest competitors, the Australian arm of France’s Suez for a reported amount of AUD3 billion (US$2.3 billion) Talks are ongoing an...
Read more -
March 05, 2021
Australia launches new fund to support carbon capture, use and storage projects
The Australian Government has launched the Carbon Capture, Use, and Storage (CCUS) Development Fund that aims to support pilot projects or pre-commercial projects aimed at reducing emissions...
Read more -
March 04, 2021
RES Group to build 100 MW Springdale solar PV project in New South Wales
The Independent Planning Commission of New South Wales has approved the development planning application of RES Group to build a 100 MW solar photovoltaic plant near the town of Sutton within the...
Read more -
March 02, 2021
Financial close for 300 MW/450 MWh Battery storage project in Australia
Neoen has reached financial close on its 300 MW/450 MWh Victorian Big Battery, one of the world’s largest battery storage projects located near Geelong, in Victoria, Australia.
Read more
