Latest official Australian energy statistics now available
Energy consumption in Australia increased by 1 per cent in 2016-17, according to the 2018 Australian Energy Statistics, released today by the Department of the Environment and Energy.
While overall energy consumption has increased, Australia is now using around 20 per cent less energy per person than at the start of this century.
Australia is also creating more value from the energy we consume. For every petajoule of energy consumed in 2016-17, gross domestic product increased by $275 million, nearly $50 million more per petajoule than a decade ago.
Most of the growth in energy consumption in 2016-17 was in plants producing liquefied natural gas, supporting growth in gas export volumes of 41 per cent.
Electricity generation and transport remained the largest energy-using activities in 2016-17.
Oil remained the largest energy source in Australia, at 38 per cent of total energy consumption in 2016-17. Coal provided a further 32 per cent, followed by natural gas and renewables.
Coal continued to provide the majority of Australia’s electricity, at 63 per cent of total generation in 2016-17. However, total coal-fired generation was 13 per cent lower in 2016-17 than at its peak a decade ago.
The share of renewables in the electricity generation mix was 16 per cent in 2016-17, and generation from renewables has more than doubled over the past decade. Hydro remained the largest source of renewable electricity generation, but output from solar and wind continued to rise.
Australia continued to be a significant exporter of energy, with total energy production around three times domestic energy consumption in 2016-17.
For more information and to access the report and full dataset visit energy.gov.au/publications/australian-energy-update-2018.
Source: Federal Government
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Have your say on the best way to implement AEMO’s Integrated System Plan
The Australian Energy Market Commission (AEMC) today called for submissions on the best model to make the integrated system plan developed by the Australian Energy Market Operator (AEMO) an actionable strategic plan. This options paper, including the feedback from stakeholders, will be an input into the Energy Security Board’s advice to the COAG Energy Council in December 2018 on how to convert the integrated system plan into an actionable strategic plan.
The integrated system plan, published in July 2018, forecasts the overall transmission system requirements for the national electricity market over the next 20 years. Today’s options paper seeks stakeholder views on how AEMO’s plan could be implemented.
Transmission assets can be very expensive, running into billions of dollars. Once they are built, consumers pay for them for decades. The paper sets out five options for linking AEMO’s role as national transmission planner more strongly to the individual investments undertaken by network businesses.
All five options would require a robust consultation process and a comprehensive cost-benefit analysis, with the objective of protecting consumers from paying for inefficient investment.
There are several key stages involved in transmission investment. At each of these stages, transmission investments - and alternatives to them such as demand response – must be appropriately identified, tested, costed, consulted on and assessed against the network need.
For each of the five options, the paper sets out who would be responsible for each of the key stages, and what changes would be needed to the regulatory framework as a result of the allocation of responsibilities. The spectrum of options moves from an enhanced status quo, where transmission network businesses keep responsibility for the majority of steps in the transmission planning and investment process, to an option where AEMO would take on the responsibility for all of the steps as part of the integrated system plan.
The Energy Security Board will be holding two stakeholder forums on the options for making the integrated system plan an actionable strategic plan, issues relevant to the RIT-T and the status of the Group 1 and Group 2 projects identified in the integrated system plan. Feedback received from stakeholders at these forums will be an input into the Energy Security Board’s advice to the COAG Energy Council in December 2018.
Register here to attend the forum in Sydney on 9 October 2018
Register here to attend the forum in Melbourne on 11 October 2018.
We will publish a final report in December 2018.
Metz Solar Farm
Clenergy’s proposed 100 MW Metz Solar Farm, 18km east of Armidale in NSW, has been opened for public comment under the EPBC Act. The project involves a large-scale solar farm within a 507 ha development footprint. The facility will be connected to the grid via an existing 132KV line that crosses the property. A preliminary site layout has been developed, with the final design is subject to TransGrid Approval. It is proposed to construct a solar farm on existing grazing land that has been historically cleared of vegetation cover.
Australia’s report card on emissions delayed yet again
The Federal Government has once again failed to share its report card into greenhouse gas pollution with the Australian public.
The Climate Council’s acting CEO Dr Martin Rice said there’s a feeling of déjà vu because the Federal Government similarly failed to release a backlog of climate data last year.
“The government has a responsibility to release Australia’s quarterly National Greenhouse Gas Inventory in a timely fashion so that we can tell how our greenhouse gas pollution levels are tracking. We’re waiting on data that should have been released six months ago,” he said.
Australia’s emissions have been consistently rising, but time and time again the government has delayed releasing crucial information. We are still waiting on complete national emissions data for the March and July quarters of this year,” said Dr Rice.
“I have called the Environment and Energy Department and been told the data is still under review with no clear release date.”
“This has become a worryingly familiar scenario. The Federal Government not only delays releasing climate information, it also tries to bury it. We’ve seen emissions data quietly released on Christmas Eve, or on a Friday evening, at a time it’s least likely to attract attention or scrutiny,” said Dr Rice.
He said Australia’s greenhouse gas pollution levels have been rising for three consecutive years, while the Federal Government has no credible climate policy in place.
“Australia’s climate policy is at an impasse at a time when we really need to be ramping up climate action. Increasing temperatures, driven primarily by the burning of fossil fuels, is worsening extreme weather events in Australia,” he said.
Dr Rice insists Australia can and should do better. “We need to continue to transition away from fossil fuels to clean, reliable and affordable renewable energy,” he said.
Source: Climate Council
Vicinity to trial energy blockchain technology
Vicinity Centres (Vicinity) today announced a trial of blockchain technology that, in the future, will enable Vicinity’s shopping centres to supply energy to neighbouring communities who connect to its secure power network.
The trial will begin at Castle Plaza in South Australia and will be the first centre to integrate the energy blockchain technology as part of Vicinity’s $75 million industry-leading solar program.
The blockchain technology, being trialled in partnership with Australian energy technology company, Power Ledger, will enable Vicinity to manage its energy use and distribution in real-time, switching between solar and national grid energy.
Executive General Manager, Shopping Centre Management, Justin Mills said: “Vicinity is one of the first property companies in Australia to be trialling energy blockchain technology and we’re committed to continuing that leadership through our integrated energy strategy.
“We see our partnership with Power Ledger as a significant opportunity to unlock a future of more competitive energy prices for our retailers and customers while potentially sharing clean, renewable energy to the communities surrounding our centres,” Mr Mills said.
Mr Mills said the future of energy is about creating interconnected communities, including on-site generation, which is why peer-to-peer energy trading would also be considered as part of Vicinity’s mixed-use strategy, with a significant development pipeline of projects in planning.
Power Ledger Managing Director and Co-founder David Martin said: “Vicinity has proven to be an industry leader when it comes to renewable energy which is why the introduction of blockchain technology makes sense to its business. It’s a smart solution for Vicinity as they pioneer the new energy economy.”
Power Ledger has projects in Japan, USA and Thailand and has been recognised for local partnerships and several projects across Australia.
Source: Vicinity Centres
Mount Emerald Wind Farm raises final turbine
Nineteen months after construction works kicked off, Ratch Australian Corporation announced today it had raised the last of 53 turbines at its 180MW Mount Emerald Wind Farm.
The milestone follows the $360 million project achieving “first generation” last month when several turbines started to turn and supply power to the national electricity grid and precedes the wind farm achieving full commercial operation in November.
All of the high voltage underground cabling has now been installed connecting each of the turbines to the site’s substation and switchyard. From here, the power generated enters the grid network for distribution to electricity users in the far north.
Ratch’s EGM Business Development, Mr Anthony Yeates said the project’s complexity had taken a true team effort.
“Everyone at Ratch, including our contractors and many local suppliers share a great sense of accomplishment. The site’s rugged and hilly terrain presented many challenges plus we were committed to delivering a very high level of protection to the local ecology,” Mr Yeates said.
“Our contractors have really done a great job getting the turbines up. Our lead contractor Vestas has been assisted by crane contractor Windhoist and transport contractor Rex Andrews Pty Ltd. It takes a lot of experience and very specialised equipment to deliver all the components by road and get them all lifted and assembled.
“This also means we have finished the road transport for deliveries of all the major components. A special thanks must go to all the local road users for their patience and understanding during the construction period and also local police who provided the road transport escorts. Our truckies were quick to express how supportive local communities were,” he said.
Mr Yeates said the remaining months would be focused on testing and commissioning, and connecting the wind farm to the grid.
“We are now producing at 60MW or about 33% of full capacity. Vestas has conducted a series of grid performance tests and the results are now being analysed by the Australian Energy Market Operator. We hope to be able to step up to 130MW or about 70% of capacity in early October,” he said.
Once fully operational, Mount Emerald will be the biggest wind farm in Queensland and will deliver in the order of 540,000 MW hours of renewable energy, which is predicted to meet the annual needs of approximately 75,000 North Queensland homes over a 20-year period.
The wind farm will also boost Queensland’s renewable energy credentials significantly. Of the 3,500MW of wind generation capacity currently in Australia, Queensland currently only supplies around 12MW from wind farms in Ravenshoe and Thursday Island.
Source: Ratch Australia
Mammoet and Goldwind Australia sign multi-year framework agreement
Mammoet is pleased to announce a partnership with Goldwind Australia. The contract signing has taken place on Thursday 13th September 2018 for a Multi-year Framework Agreement with all contract terms and conditions agreed upfront, providing Goldwind Australia the option to select Mammoet for its future wind farms in Australia. Mammoet has already installed a project team in Melbourne to commence operations. The first projects that are planned will comprise a total of 253 Goldwind Wind Turbine Generators (WTG’s) in Victoria.
Goldwind Australia, a subsidiary of the Chinese wind turbine manufacturer has started construction on the 530MW Stockyard Hill, considered to be the largest wind farm in Australia. This wind farm has a long-term power purchase agreement (PPA) with Origin Energy. The wind farm is located in Western Victoria. It will comprise of 149 Goldwind turbines, producing clean electricity for approximately 391,000 Victorian homes each year.
Goldwind has a large pipeline of wind projects in Australia and therefore was looking for a partner that could provide the necessary expertise and sufficient resources at the required scale, to secure safe and timely execution of transport, lifting and installation services. As Mammoet’s track record comprises the most wind turbine installations worldwide, Mammoet and Goldwind started exploring the options for a partnership as early as 2017.
Mammoet will commence with offloading the first WTG’s for Stockyard Hill early October 2018 and will provide offloading and pre-assembly services, as well as full mechanical and electrical completion works. Mammoet is unique in offering a combined Crane and Installation scope resourced with its own professionals.
For the purpose of this agreement, Mammoet has extended its Australian crane fleet with two new LG1750-SX cranes. Further investments will be made in all Terrain support cranes, trucks, trailers and auxiliary equipment. Mammoet has the largest crane fleet in the world, a significant part of which is currently operating in Australia.
According to Mr. Vincent Vingerhoeds, Business Development Manager Renewables at Mammoet, this is a major step for Mammoet. The global market leader in engineered heavy lifting and transport has been active in Australia since 1998 and has installed approximately 1.5GW of wind turbine power generation capacity.
Hogan Lovells closes letter of credit for wind farm
Hogan Lovells, acting for Partners Group, closes letter of credit financing to support the construction phase of its investment in the Murra Warra Wind Farm, one of the largest in the Southern Hemisphere.
Hogan Lovells acted for Partners Group, the global private markets investment manager, as lead counsel on the letter of credit financing to support the construction phase of its over AUD$200 million equity investment on behalf of its clients in the first stage of Murra Warra Wind Farm (Murra Warra 1), one of the largest in Australia and the Southern Hemisphere.
Murra Warra 1 is located in north west Victoria and when construction is completed in mid-2019, it will comprise 61 Senvion 3.7MW turbines with a total nameplate capacity of 226MW. The clean energy generated will be enough to power 220,000 Australian households and offset over 900,000 tonnes of carbon emissions every year.
Partners Group is a global private markets investment management firm with US$78 billion in investment programs under management in private equity, private real estate, private infrastructure and private debt.
Hogan Lovells Partner Richard Hayes said, "We were thrilled to assist Partners Group with the letter of credit financing to support the construction phase of its investment in Murra Warra 1, one of the largest wind farms in the Southern Hemisphere and a continuation of its significant investments in sustainable practices and renewable energy in Australia."
Source: Hogan Lovells
Western Downs Green Power Hub
Neoen Australia’s proposed Western Downs Green Power Hub, near Hopeland in Queensland, opened for public comment under EPBC Act. Neoen is seeking to construct and operate a photovoltaic solar farm and battery energy storage facility with a potential peak power of 500 MW. The proposed sites have a combined land area of approximately 1545 hectares and the potential development area will contain all of the infrastructure of the solar farm, including:
- photovoltaic solar panels
- inverter stations
- transformer substation
- battery storage facilities
- underground or overhead cabling
- internal unsealed access tracks
- vehicle car parking area
- administration office
The battery storage unit used at Neoen’s Hornsdale wind farm development in South Australia - commercial-scale Telsa Powerpacks - or similar is proposed to be installed. The batteries storage “park” will nominally occupy up to 5 ha of the 1545 ha site and will likely adjoin the site substation.
MHI Vestas launches the first 10 MW wind turbine in history
The offshore wind pioneer pushes the boundaries once again as it announces the wind industry’s first commercially available double-digit wind turbine – the V164-10.0 MW.
The offshore wind industry’s long-anticipated, double-digit barrier has been broken.
MHI Vestas Offshore Wind, in a stunning announcement at the Global Wind Summit in Hamburg today, has made it official – its V164 turbine platform has now achieved a power rating of 10 MW. And the turbine is available for sale now.
“What was unreachable before has become the new benchmark,” said MHI Vestas CEO, Philippe Kavafyan. “In launching the V164-10.0 MW today, MHI Vestas is proud to contribute this major milestone to the offshore wind industry. And it gives us the opportunity to pay tribute to all the wind industry pioneers who have led us to this historic, double-digit nominal capacity.”
Perhaps most remarkable is that the barrier-breaking model is built on proven technology and lessons learned from previous installations of the V164 platform, promising a level of certainty and reliability for customers of the V164-10.0 MW from day one.
With more than 100 V164 turbines already installed in the UK and Germany, MHI Vestas has been able to leverage technological learnings and incremental innovations to push the boundaries of its flexible platform from 8 MW now up to 10 MW.
MHI Vestas Chief Technology Officer, Torben Hvid Larsen, said, “At MHI Vestas, we are focused not on what others are doing, but being the best at what we do. The V164-10.0 MW turbine is the best proof point yet that we do not accept the limitations of conventional thinking and that we think beyond ourselves. We have embraced the challenge of transforming what is possible in our field.”
The 10 MW turbine underscores the commitment of MHI Vestas to provide the best possible business case to customers. Owing to the importance of reliability, the upgrades required to reach the new level are relatively small: the V164-10.0 MW incorporates a stronger gearbox, some minor mechanical upgrades, and a small design change to enhance air flow and increase cooling in the converter. The upgrades ensure that MHI Vestas can run the V164-10.0 MW at full power, at a site with wind speeds of 10 metres per second, for 25 years.
The V164-10.0 MW is available for sale now and can be delivered for commercial installation beginning in 2021.
About the V164-10.0 MW Turbine
- 10.0 MW rated power, with an optimal rotor to generator ratio
- Rotor diameter of 164 metres
- 80 m blades, the equivalent of nine double decker London buses
- Each blade weighs 35 tonnes
- Swept area of 21,124 m2, larger than the London Eye
- The nacelle is 20 m long, 8 m wide and 8 m high, weighing approximately 390 tonnes
- Approximate hub height of 105 m
- Approximate tip height of 187 m
- One turbine can power 5,977 German homes
- Design modifications from the V164-9.5 MW include a stronger gearbox, some minor mechanical upgrades, and an electrical system upgrade, and a small design change to enhance air flow and increase cooling in the converter
- Reduces operational and maintenance costs by enabling customers to run fewer, larger turbines
- Can be delivered for commercial installation beginning in 2021
Source: Vestas Offshore Wind
innogy starts construction of Australia’s largest solar power plant
- Installed capacity of 349 MWp
- Construction works for Limondale solar farm due to commence in October
- innogy benefits from BELECTRIC’s experience in constructing and operating utility-scale solar power plants
innogy SE is progressing in growing a value accretive solar business in Australia: Following the completion of the acquisition in mid-September, the company has taken the final investment decision for a solar power plant with an installed capacity of 349 megawatts peak (MWp). Limondale, Australia’s largest solar project to date, is located near Balranald, New South Wales. Preparation works and pre-pilling tests are currently underway, with construction works expected to commence this October. Commissioning of the plant will take place progressively, with full commercial operation expected in mid-2020.
Hans Bünting, COO Renewables of innogy SE, says: “It makes me proud that we can now start with the construction of our first utility-scale PV plant in Australia – one of the continents with the highest solar irradiation per square meter. To expand renewable energies it is of vital importance that beside the excellent yield the country is supportive for increasing the share of renewable energies.”
Thorsten Blanke, CEO of innogy Renewables Australia Pty Ltd., adds: “Electricity prices in Australia have risen strongly over the past decade and are among the highest in the world. An expansion of renewable energies can contribute towards reducing the energy costs for customers. Especially wind and solar are cost-effective alternatives in a country with excellent natural renewable resources.”
innogy’s subsidiary BELECTRIC is the Engineering, Procurement and Construction (EPC) contractor of the solar farm, as well as the Operation and Maintenance (O&M) service provider. BELECTRIC is an experienced company in the global solar market with nearly two gigawatts of executed projects globally, including projects in Australia, and is among the world´s leading O&M providers in the sector.
In addition to Limondale, innogy signed a contract to take over the project rights for the New South Wales development project Hillston in early 2018, with a planned capacity of 115 MWp. The transfer of the project company to innogy is anticipated to take place end of this year. Both large-scale solar projects were developed by Overland Sun Farming, one of the solar leading Australian development companies.
The planned investment volume of both projects – Limondale and Hillston – totals to more than EUR400 million, or over AUD650 million. innogy will review all options regarding the future ownership and financing structure of the projects in order to maximise value for the company and shareholders.
As a result of innogy’s expansion into the Australian market, it has established the subsidiary innogy Renewables Australia. The Melbourne based team is exploring further renewable opportunities including further solar, battery storage and wind (onshore and offshore) locally.
Source: Innogy SE
Mortlake South Wind Farm
ACCIONA will adopt a multi-contracting approach to construction at the new Mortlake South Wind Farm, in which ACCIONA Energy is the principal contractor. The 157.5 MW project was recently announced as a successful applicant to the state government’s Victorian Renewable Energy Auction Scheme.
Longer notice period for generator closure needed
Energy Networks Australia is calling for an increase in the notice period companies are required to provide the market when closing electricity generators.
In its submission today to the Australian Energy Market Commission, Energy Networks Australia has recommended the time-of-closure notice be extended from three to five years to allow networks enough time to build infrastructure to support new electricity generation.
Energy Networks Australia Chief Executive Officer Andrew Dillon said giving the market more time would ensure the whole system could cope when existing generation was retired.
“Three years may be enough notice when the replacement generation is easily incorporated into the existing grid, but it’s a tight squeeze if the retirement triggers a need for new infrastructure such as interconnectors,” he said.
“Transmission and distribution networks will continue to have a fundamental role in ensuring power system reliability and security.
“We don’t want to build new network infrastructure that may not be needed, but we’ll all be in trouble if major generation closures lead to major system risks. The sudden closure of Hazelwood highlights that we have to get this right.
“Pushing out the notice period to five years will provide more certainty and help increase the delivery of required transmission assets within the five-year window – factoring in approvals, environmental assessments, project plans and build time.”
Source: Energy Networks
New solar farm guidelines bring community, industry certainty
New guidelines released today will help communities have their say in the next phase of Queensland’s solar farm boom.
Speaking from Yarranlea near Toowoomba today, where a 100 megawatt solar farm is under construction, Energy Minister Dr Anthony Lynham said the new Queensland Solar Farm Guidelines responded to calls from regional communities and industry for certainty.
“These guidelines are a clear checklist for local governments about what’s needed for sustainable, community and industry-led large-scale solar development,” Dr Lynham said.
“Over the past three years Queensland has seen an unprecedented wave of renewable energy investment with the construction of 13 large scale solar projects from Lakeland in the Far North to Dalby in the south-west,” he said.
“This has brought $1.3 billion in investment and almost 1500 construction jobs to Queensland, and more than 650 megawatts of renewable energy to the grid.
“And the good news is there’s more to come, with another 16 solar projects on the way bringing $3.4 billion dollars and 2600 jobs to regional and rural locations right across the state.
“But it’s essential that communities, landholders, investors and governments at all levels can work together to make sure the next wave of investment happens sustainably.
“For traditional owners, communities and landholders the guidelines outline approval processes, technical and environmental considerations, ways to give feedback, information on the stages of solar development and what a new solar project can mean for a community.
“For industry, these guidelines provide a one-stop-shop guide on navigating government development approvals, expectations about best practice to engage the local community, location guidance and the legal framework which governs solar farm developments.
“We are rapidly becoming the solar state but we must ensure these projects are also compatible with the interests of Queenslanders whose communities are their sites,” Dr Lynham said.
Minister for State Development, Manufacturing, Infrastructure and Planning Cameron Dick said the guidelines would assist local government to support the growing renewable energy industry.
“The guidelines support Queensland local governments to plan and regulate proposed solar farm development appropriately, to ensure potential impacts are balanced against the jobs and economic activity they may bring,” Mr Dick said.
“The guidelines will support local government to identify where solar farm development is appropriate in their community and establish appropriate assessment provisions in their planning scheme.
“Local government will remain as the assessment manager for solar farm development applications, but the State Government will continue to work with councils to ensure the guidelines are effective and where needed, provide additional support.”
Source: Queensland Government
Aldoga Solar Farm
ACCIONA Energy’s proposed 265 MW Aldoga Solar Farm in Aldoga, near Gladstone in Queensland, declared not a controlled action by Federal Department of the Environment.
Queensland Solar Farm Guidelines released at Risen Energy’s Yarranlea Solar Farm
The Queensland Government released their Queensland Solar Farm Guidelines at Risen Energy’s Yarranlea Solar Farm.
The Queensland Solar Farm Guidelines provide practical guidance for communities’ landowners and project proponents.
“These guidelines are a clear checklist for local governments about what’s needed for sustainable, community and industry led large-scale solar development.” said Dr Lynham, Minister for National Resources, Mines and Energy.
“Over the past three years Queensland has seen an unprecedented wave of renewable energy investment worth $1.3 billion with the construction of 13 large-scale solar projects from Lakeland in the Far North to Dalby in the south-west.
“In the south-west alone, five large-scale solar projects are either underway or financially committed, bringing almost $640 million in investment and 670 jobs to the south-west, as well as more than 300 megawatts of renewable energy for the grid.” Dr Lynham said.
One of these large-scale solar projects under construction in Queensland’s south-west is Risen Energy’s Yarranlea Solar Farm, which was the venue for the Queensland Solar Farm Guidelines release.
The Yarranlea Solar Farm is in the second stage of construction and is located near Pittsworth, approximately 50km west of Toowoomba on the Darling Downs. The farm will be approximately 250ha in area and have a generation capacity of approximately 100 megawatt (AC), being sufficient to power up to 32,000 homes.
The Yarranlea Solar Farm is utilising local resources where ever possible and is working with the local community to deliver the project with a minimum of disruption.
The Solar Farm will contribute to the green footprint of the state in support of the Queensland Government’s Green Policy.
“Yarranlea Solar and Risen Energy strongly support the Queensland Government’s initiative in developing the Queensland Solar Farm Guidelines and submitted a comprehensive review and provided positive feedback to the Government on these guidelines” said John Zhong, Project Development & Investment Director, Risen Energy (Australia).
“Risen Energy Australia has assembled an experienced development team with strong power industry backgrounds and have been able to provide a practical review aiding the development of the Guidelines” continued Zhong.
“Risen’s future developments will address and accord with the Guidelines, providing a roadmap for the engagement of the communities potentially impacted by development of Risen Energy projects.” said Zhong.
Queensland Solar Farm Guidelines
For traditional owners, communities and landholders the guidelines outline approval processes, technical and environmental consideration, ways to give feedback, information on the stages of solar development and what a new solar project can mean for a community.
For industry, these guidelines provide a one-stop-shop guide on navigating government development approvals, expectations about best practice to engage the local community, location guidance and the legal framework which governs solar farm developments.
Solar Farm site visit
To commemorate this site visit a ceremonial tree was planted as part of the 7,500 trees for the screening vegetation supplied by McKinlay Nursery in Pittsworth. Purchasing these through a the McKinlay Nursery aligns with Risen Energy’s focus on using local resources where possible.
During this site visit the bulk earthworks undertaken to prepare the site for installation of the solar panels and the substation construction were viewed. The earthworks are being undertaken by Sedl Constructions, a local Toowoomba firm who have been engaged to complete the multi-million dollar earth works contract. The substation installation is being progressed by Yurika, the “commercial” arm of Energy Queensland.
Key attendees from Yarranlea Solar and Risen Energy (Australia) include Eric Lee, General Manager Risen Energy (Australia); John Zhong, Development and Investment Director, Risen Energy (Australia); Ross Tabaie, EPC Director; Chao Jia, Sales Director Risen Energy (Australia); Archie Chen, CFO Risen Energy (Australia); and Toby Menezes, Project Manager.
Yarranlea Solar Farm, Queensland
As owners of the Yarranlea Solar Farm project, Risen Energy is progressing the project from detailed engineering design, through construction, commissioning and ultimately the operation of the solar farm.
The main contract for the construction and installation of the solar farm is in the assessment stage. We would expect the successful tender to mobilise to site in mid- October.
Yarranlea Solar will be outsourcing construction contracts for the solar farm. This is specialised work, and local contractors and firms will be utilised where possible.
It is anticipated that approximately 200 positions will be created during the construction of the Yarranlea Solar farm which will have approximately 400,000 solar panels installed at the site. The workforce on site at any one time will vary as the project cycles through various construction phases (civil works, foundations, assembly, electrical assembly, cabling, commissioning).
Construction of the solar installation started mid-year and will continue through to 2019.
Yarranlea Solar has engaged Yurika, the commercial arm of Energy Queensland to develop a switching station which will allow the solar farm to connect to the existing 110kV network. Works on the switching station and farm substation have commenced.
The 100 megawatts AC Yarranlea Solar Farm will connect to the power grid using the existing Ergon Energy infrastructure, located close to the development site. This will allow transmission of power into the Middle Ridge Bulk Supply Substation for ultimate use in the Toowoomba and Darling Downs area.
Yarranlea Solar Farm, Queensland will use the latest Risen Energy PV panel technology and eventually integrate battery storage to allow it to supply power to the grid during periods of peak demand. The completed facility will have an operating life of 30 years, with the option for extensions. At the end of the facility’s useful operating life, all physical infrastructure will be decommissioned, and the land returned to its former agricultural use.
Source: Risen Energy
Manildra Solar Power Plant investor day
Following its agreement to acquire the Manildra Solar Power Plant (Manildra), New Energy Solar is pleased to offer its investors the opportunity to tour the Manildra site, meet key members of the New Energy Solar and Manildra teams, and mingle with likeminded investors and the local community.
The Manildra investor day has been scheduled for Monday 29 October 2018 and in order to accommodate as many investors as possible, we have split the day into two groups:
(i) Group 1 which will complete the site tour by 3pm.
(ii) Group 2 which will complete the site tour by 5pm.
The Manildra investor day will include:
- Transport by tour coach from Sydney / Canberra to Orange (investors may also choose to self-drive to Orange).
- A presentation on the development of the power plant by the New Energy Solar team and the site landowner who has worked on the project for more than a decade.
- Escorted site tour and a chance to meet members of the Manildra community.
Depending upon which transport option is chosen, investors should allow for, at a minimum, the entire day.
There will be a small fee to cover bus travel, lunch, afternoon tea and other incidentals.
Depending on which option you select, the fee ranges from $60 to $100 per person attending.
Source: New Energy Solar
- Transaction end date extended
- Share Purchase Agreement to be amended
- Underlying transaction objectives remain unchanged
Tag Pacific Limited (Tag) refers to its previous announcements in relation to the proposed acquisition of Energy Made Clean, a subsidiary business of Carnegie Clean Energy Limited (ASX:CCE) (Carnegie) to capitalise on the rapidly growing off-grid and fringe-of-grid solar, battery storage and microgrid market.
Tag and Carnegie have today agreed as follows:
(a) to change the end date for the transaction from 31 October 2018 to 30 November 2018;
(b) to remove the cash component of the sale consideration previously payable by Carnegie; and
(c) to renegotiate the consideration payable under the Share Purchase Agreement as a result of the removal of the cash component.
The parties are targeting to finalise the amendments to the Share Purchase Agreement by 16 October 2018 and to complete the transaction as soon as possible. If the parties are unable to reach agreement on the amendments to the Share Purchase Agreement by 16 October 2018, the Share Purchase Agreement will automatically terminate.
Upon successful completion of re-negotiations, both parties will consider the relevant shareholder approval requirements.
The parties have also agreed that Michael Ottaviano will not be appointed as a director of Tag at completion of the transaction.
The underlying objectives of the proposed acquisition remain unchanged. Tag intends to fully integrate the Energy Made Clean business with its MPower business to become an ASX-listed renewables and battery storage leader which will hold a market leading position and will benefit from increased scale and enhanced national reach. It is still intended for head entity, Tag Pacific, to be renamed MPower.
The combined business will integrate the engineering, procurement and construction activities of both existing businesses under the MPower brand, maintaining their strong presence in New South Wales and Western Australia to deliver a national and regional capability. It is also intended to integrate Energy Made Clean’s solar and battery storage project development pipeline in order to establish a stand-alone build, own and operate solar and microgrid asset portfolio in the future.
A further transaction update will be provided as soon as possible and no later than 16 October 2018
Source: Tag PacificView PDF