X-ELIO has signed a landmark virtual power purchase agreement (VPPA) with Salesforce for 200 MW Blue Grass Solar Farm in Queensland, its first renewable energy offtake agreement in Australia.
The 10-year Virtual Power Purchase Agreement (VPPA) is estimated to effectively displace 80,000 tonnes of CO2 emissions each year over the life of the agreement.
The Blue Grass Solar Farm is X-ELIO’s first and largest solar farm development in Australia. The 200 MW utility-scale farm is currently in construction, with full operation expected in late 2021.
The project will deliver 420 GWh of green energy annually, powering 80,000 Queensland homes and offsetting more than 320,000 tonnes of CO2 emissions. It will also create up to 400 new construction jobs and deliver more than AUD200 million (US$142.61 million) in capital investment in Queensland.
