Neoen has signed a power purchase agreement (PPA) with SmartestEnergy for 50% of the output from its 440 MWp / 350 MW AC Culcairn Solar Farm located in Wiradjuri country in the Riverina region of New South Wales (NSW), Australia.
Culcairn Solar Farm is currently under construction and on track to be operational in 2026. Developed and owned by Neoen, it is the company’s second-largest solar farm worldwide, after the 460 MWp solar farm at Western Downs Green Power Hub, already in operation in Queensland, Australia. Once operational, it will create 7 permanent positions and generate enough energy to power 160,000 homes. There will also be a significant community benefit-sharing program totaling AUD 10 million (US$ 6.7 million) over the asset’s lifetime.
The 4-year contract, commencing in late 2026, will enable SmartestEnergy to meet the growing demand for renewable energy solutions from commercial and industrial businesses in NSW, where SmartestEnergy already supplies major corporates and is looking to further expand its services to other customers.