June 21 (Solar) – Australian renewable energy company SIMEC ZEN Energy, part of Sanjeev Gupta's GFG Alliance, will be buying most of the output of 199 MWp of Aussie solar parks owned by Wirsol Energy Ltd.
Wirsol, part of Germany's Wircon, said on Thursday that the long-term power purchase agreement (PPA) signed with SIMEC ZEN covers power from its 89-MWp direct current (DC) Clermont Solar Farm in the state of Queensland and the 110-MWp DC Wemen Solar Farm in Victoria. Construction on the two projects, representing a total investment of about AUD 375 million (USD 276m/EUR 239m), started in December 2017. They are expected to be switched on in the last quarter of 2018.
Located north of Emerald, the Clermont photovoltaic (PV) park will be able to produce enough electricity for around 31,000 households and save 184,000 tonnes of carbon dioxide (CO2), once completed. Meanwhile, the output of the Wemen plant near Mildura is seen to be enough to supply 34,000 homes, avoiding 256,000 tonnes of CO2 emissions.
The two PPAs support Wirsol's goal of deploying 1 GW of solar by 2020, the company said. It is currently working on five solar projects in Victoria and Queensland, all of which are scheduled for interconnection by end-2018. The projects have a combined capacity of 397 MW, with the recently commissioned Gannawarra solar farm in Victoria to be supported by a 25 MW/50 MWh Tesla battery.
(AUD 1.0 = USD 0.736/EUR 0.636)