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posted on:
February
01
2017

Ergon Energy signs 12-year PPA for 100MW Qld solar farm

 

Source: RenewEconomy 1/2/17


Another Australian solar project has secured an electricity off take deal, with Ergon Energy Retail inking a power purchase agreement with the Australian arm of Spain’s Fotowatio Renewable Ventures for a 100MW project being build in the state’s central region.


The deal, FRV’s third PPA within 12 months, commits the government-owned retailer to buy the power generated by FRV’s Lilyvale Solar Farm for 12 years.


It comes less than one year after the first such deal was ever struck in Australia – between a retailer and a private developer of a solar project – when Origin Energy signed a 13-year PPA with FRV for the 100MW Clare Solar Farm that was being built in north Queensland in May 2016.


Queensland energy minister Mark Bailey, who made the new PPA announcement while visiting Emerald today, said the deal secured an additional 100MW of renewable energy for regional Queenslanders.


The Lilyvale Solar Farm is being built by FRV Australia on a site north-east of Emerald, and is expected to create around 200 jobs during construction, which will begin later this year.


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