French power producer Neoen has the go ahead will build Australia’s largest solar farm, worth $570 million, after lining up a contract to sell most of the power to a state-owned electricity company. The state of Queensland’s CleanCo has agreed to buy 320 megawatts (MW) of capacity from the Western Downs solar farm in southeast Queensland, which will help the state’s Labor make progress on its target of 50 per cent renewable energy by 2030, the government said.
“As our economy emerges from the worst impact of COVID-19, we need projects ready to go that will create jobs and stimulate spending, especially in regional Queensland,” the state’s treasurer, Jacki Trad, said in a statement reported by Reuters Newsagency. Reuters reports Neoen, which sees Australia as one of its key growth markets, said it expects to begin construction on the Western Downs solar farm in July, with generation from the project due to start in the first quarter of 2022. The independent power producer rated the solar farm at 460 to 480 megawatts photovoltaic (MWp) capacity, which would be the largest in Australia, and said CleanCo agreed to buy 352MWp, enough to power 235,000 homes.
AAP Newsagency reports Australia’s conservative Liberal-National federal government is finalising its technology roadmap, which outlines economic goals for various energy sources to help the nation reach net zero emissions.
Source: Econews
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