TasRex has signed a power purchase agreement with Hydro Tasmania for the approved 288 MW Northern Midlands Solar Farm, which is being developed across a 600-hectare site on the Connorville sheep station near Cressy, about 35 km south of the city of Launceston, Tasmania, Australia.
The offtake agreement will see Hydro Tasmania take 100% of the generation from the AUD 500 million (US$ 325.8 million) project. TasRex will now work with Melbourne-based renewable energy investment company Birdwood Energy to develop, fund, and deliver the project. With local government development approval secured and technical studies well underway, construction is expected to commence by 2026, with power generation expected to be available in 2027.
Once construction has been completed, grazing activities will resume on-site, with the landowners planning to graze 2,000 head of sheep under the solar panels. Featuring approximately 670,000 solar panels, it will be Tasmania's largest solar farm.