Morrison Government delivers on plan for reliable energy

1 July

Today, the Morrison Government is delivering on our plan for reliable power for Australian households and businesses, with the commencement of the Retailer Reliability Obligation.

Record investment in intermittent renewable generation, namely solar and wind, combined with ageing thermal generators, requires measures to ensure the reliability of our grid.

The Retailer Reliability Obligation will ensure retailers are accountable for reliability by requiring energy companies to sign contracts guaranteeing enough energy is available to meet demand. This will give households and businesses confidence that enough generation will be available to meet their electricity needs.

This is a long-term solution that will provide a clear signal to businesses and market participants to invest in the right types of technology at the right time to strengthen reliability in the National Electricity Market.

The Retailer Reliability Obligation is technology neutral—we are not picking winners. Retailers can choose to contract with any form of generation. The firmer the contracted generation source is, the greater its contribution would be to meeting the reliability obligation. This will ensure investment occurs in the right technologies to be available at the right time to meet the market’s needs.

The Retailer Reliability Obligation is just one of a number of measures that will help address reliability challenges. We will continue to work with the states and territories through the COAG Energy Council in order to deliver reliable, secure and more affordable energy.

The Government has also committed to invest in energy technologies and infrastructure to provide greater support for reliability. This includes $56 million for the development of the Marinus Link, $1.38 billion for Snowy 2.0, and the creation of the Underwriting New Generation Investments program.

Further information on the Government’s initiatives to address energy reliability is available at energy.gov.au

Source: Federal Government

 

Hydrogen strategy a step closer

1 July

A National Hydrogen Strategy that will open up export markets in Asia is a step closer with the release of consultation papers today.

The nine issues papers have been developed by the COAG Energy Council Hydrogen Strategy Working Group after national and international consultation.

Minister for Resources and Northern Australia Matt Canavan said the development of a world-leading hydrogen industry may be a lucrative economic opportunity for Australia, but we need to prepare the groundwork thoroughly.

“The development of our hydrogen resources will create new Australian jobs and an export industry valued in the billions,” Minister Canavan said.

“Key export markets such as Japan and Korea are shifting their energy consumption towards hydrogen and we need to be ready to grasp that opportunity.”

Minister for Energy and Emissions Reduction Angus Taylor said that hydrogen technology will lower the cost of reducing emissions, so that we can meet Australia’s climate commitments without sending industries and jobs offshore.

“The Government has already invested more than $100 million into hydrogen projects, partnering with industry to develop tangible solutions that are important for bringing down energy prices while keeping the lights on for Australian households and small businesses.

“Hydrogen is uniquely placed to provide reliable power through storage and transport of energy.

“Hydrogen exports from Australia to Asia will also play an important role in helping other countries reduce their emissions, just as the LNG sector is doing today, all while keeping our economy strong.”

Each of the nine issues papers poses questions, encouraging responses from industry and the wider community.

The issues papers are:

  1. Hydrogen at scale
  2. Attracting hydrogen investment
  3. Developing a hydrogen export industry
  4. Guarantees of origin                             
  5. Understanding community concerns for safety and the environment
  6. Hydrogen in the gas network
  7. Hydrogen to support electricity systems
  8. Hydrogen for transport
  9. Hydrogen for industrial users

In December 2018, the COAG Energy Council, led by the Australian Government, commissioned the Chief Scientist to develop a comprehensive and ambitious national strategy for the development of an Australian hydrogen industry, to be delivered by the end of 2019.

To read and respond to the issues papers please visit https://consult.industry.gov.au/national-hydrogen-strategy-taskforce/national-hydrogen-strategy-issues-papers

Source: Federal Government

 

PROJECT NEWS

Department of Defence - NT

Assure Energy Asset Pty Ltd, a wholly owned subsidiary of Lendlease Corporation, has applied for generation licenses for solar farms in the Northern Territory primarily to supply electricity to two Department of Defence sites. Assure Energy plans to construct and operate ground mounted solar PV powered generation facilities, and associated batteries, at Robertson Barracks (10.874 MW) and RAAF Darwin (3.62 MW) that will be indirectly connected to the Darwin – Katherine transmission system via Defence substations. Electricity generated from these facilities will primarily be sold to Defence ‘behind the meter’ with some surplus energy exported to the Darwin – Katherine interconnected transmission system and that energy being either sold to Defence or another entity either holding a Retail or Generation License. Assure Energy has Power Purchase Contracts with the Department of Defence under a 20-year offtake agreement.

 

PROJECT NEWS

Snowy 2.0

The NSW Department of Planning and Environment has placed Snowy 2.0 Exploratory Works Modification 1 on exhibition for public comment. The modifications relate to:

  1. Additional borehole drilling and geophysical surveys;
  2. Establishment of a construction power connection to TransGrid 330kV line 2 at Lobs Hole; and
  3. Changes to project boundary for constructability and additional infrastructure

Since the Exploratory Works EIS was developed, a construction contractor (Future Generation Joint Venture (FGJV)) has been engaged by Snowy Hydro and a period of design development has led to a shift in the location of the power station approximately one kilometre west along the tunnel alignment. This shift in the power station location will cause a change in alignment and reduction in length of the exploratory tunnel, which will now also finish approximately one kilometre west of the location detailed in the Exploratory Works EIS. The proposed modification reflects project changes and requirements identified by the construction contractor.

Modification 1 will enhance the outcomes of Exploratory Works. The proposed modification will contribute to the aims of Exploratory Works by providing the following benefits:

  • provide additional geotechnical information required for the detailed design of the Snowy 2.0 power station and power waterway;
  • provide a reliable and source of construction power for the duration of Exploratory Works and will reduce the reliance on diesel generation and associated on-site storage and emissions;
  • improve the efficiency of the Exploratory Works construction power;
  • optimise the detailed design of construction areas and access roads; and
  • improve worker safety during construction.

 

ZEN Energy wins contract for one of Australia’s largest rooftop solar installations

2 July

ZEN Energy, a division of SIMEC Energy Australia, a member of Sanjeev Gupta’s global GFG Alliance, will soon start installing one of Australia’s largest rooftop solar arrays at the Tonsley Innovation District in metropolitan Adelaide, following the signing of formal contracts earlier today.

At 2.34 megawatts in size and encompassing over 7,400 solar panels, the installation will also form the first stage of wider plans to deliver up to 6 megawatts of solar at the site as part of the precinct’s Tonsley District Energy Scheme.

The contract win further cements ZEN Energy as a market leader in the installation of world class solar energy systems, as well as reconfirming the Tonsley precinct as a leader in renewable energy and the transition to a low carbon, clean energy future.

Encompassing over 7,400 solar panels across the expansive eight-hectare roofs of the Main Assembly Building (MAB) at the Tonsley Innovation Precinct, the installation is expected to generate up to 3.2 million kilowatt hours of energy and offset as much as 3500 tonnes of carbon dioxide every year over its lifetime. The energy will be fed into a microgrid at the site, directly benefiting businesses and residents across the Tonsley Precinct for years to come.

Notwithstanding that the 2.34 megawatt system will be one of Australia’s largest rooftop solar installations once completed, plans are already afoot to increase the solar capacity at the site to much as 6 megawatts and over 20,000 solar panels as the Precinct grows over time. The solar installation will work in conjunction with on-site battery storage and smart technologies as part of Enwave Energy’s Tonsley District Energy Scheme.

Installation of the solar array will begin soon and is expected to be fully completed by early next year. ZEN Energy will use a fully South Australian based workforce to deliver the installation.

SIMEC Energy Australia Chief Executive Officer Marc Barrington spoke of his pride in ZEN Energy, a division of SIMEC Energy Australia, starting work on the project and how it would serve as a landmark for similar installations in the future.

“We are extremely proud to have won the contract for this landmark energy project and to be delivering one of Australia’s largest rooftop solar arrays. Once it’s completed, our installation will work hand in hand with a range of other technologies in the Tonsley District Energy Scheme to showcase how the benefits of renewable energy can be integrated across an entire community.”

The contract for installation works at Tonsley continues ZEN Energy’s success in delivering market leading commercial and industrial solar installations across Australia. In recent times the company has delivered solar installations for clients such as Bickfords (817kW across four sites), Ahrens Engineering (830kW across seven sites), Taplin’s Group (901kW across four sites), and Trinity College Gawler (1.27MW across three campuses).

The company is also close to completing a 2.2MW installation for an international manufacturer’s facility in Adelaide’s north, which may ultimately also include commercial-scale battery storage.

Mr Barrington spoke of how this Tonsley project would add to ZEN’s wealth of experience, and how ZEN Energy and parent company SIMEC Energy Australia were both actively seeking other commercial and industrial clients to deliver expert renewable energy solutions for.

“This Tonsley project will be yet another landmark in the long and successful history of ZEN Energy, and proves how the company can be trusted to deliver market leading solar energy installations.

Across our two brands of ZEN Energy and SIMEC Energy Australia, and with the backing of the global GFG Alliance, for commercial and industrial customers we can now provide a full suite of renewable energy solutions that few other companies can match. We can design renewable energy hardware solutions tailored to customer’s needs, complement that hardware with an energy contract backed by renewable energy developments across the country, and make it all work hand in hand with other smarts like demand management to deliver globally competitive energy.

Many of Australia’s large energy users are starting to identify the benefits that our integration can provide, and we look forward to doing the same with many others.”

Source: ZEN Energy

 

SA Government approves 500MW Robertstown Solar Project, with full community backing

3 July

The South Australian Government continues to drive renewable energy for South Australia, with the granting of approval for the 500MW Robertstown Solar Project.

The project has generated an extraordinary level of community and government support, receiving no objection submissions during the project’s public exhibition. A remarkable outcome for large-scale energy projects. Both Local and State Government have expressed positive endorsement and encouragement for the project throughout the development process.

Robertstown Solar is located 115km north-east of Adelaide on a 1,800ha site and proposes 500MW solar PV plant with up to 250MW integrated battery energy storage.

The project is being developed by EPS Energy, as part of a 1GW+ South Australian solar PV and battery storage portfolio, currently being developed across three separate projects.

The project will contribute to improving South Australian power grid reliability and is particularly well located in relation to Project Energy Connect, the proposed new electricity interconnector between Robertstown in South Australia and Wagga Wagga in New South Wales, with a connection into Victoria.

‘The project will generate clean energy sufficient to power the equivalent of 144,000 homes and displace 815,000 tonnes of greenhouse gas emissions annually,’ says EPS Energy Director Steve McCall. ‘It’s an exciting project and we’re very grateful for the level of support we’ve received from Robertstown, the community, State Government Departments and Agencies and the Regional Council of Goyder.’

For the latest information on the Project please see the Robertstown Solar website at www.robertstownsolar.com.au

Source: EPS Energy

 

Goldwind to power Australia’s largest plastics recycling plant

3 July

Goldwind announced it has entered an agreement with Advanced Circular Polymers to provide renewable energy for Australia’s largest plastics recycling plant in Somerton Victoria.

Power for the recycling plant will be provided by Goldwind’s Moorabool Wind Farm project, currently being constructed 25km south east of Ballarat.

The recycling plant, which has been part-funded by the Victorian Government, will transform large quantities of low-value contaminated mixed plastics from households into high-quality commodities that can go directly into the manufacture of new products.

John Titchen, Managing Director for Goldwind Australia, said the Advanced Circular Polymers plant is leading the way in innovative technology and boosting Victoria’s economy.

“We are extremely pleased to have entered into a partnership with this custom-designed plant featuring cutting edge technologies for resources utilisation.

“Goldwind will deliver the renewable energy for the recycling plant from our Moorabool Wind Farm project.

“There’s a great fit between Goldwind’s mission of innovating for a brighter tomorrow and the innovative sustainable solution provided by Advanced Circular Polymers.

“Recycling powered by renewable energy is a real step towards sustainability and will make a significant contribution towards Australia’s transition to a clean, renewable future.” commented John Titchen. 

 Goldwind’s Moorabool Wind Farm commenced construction in July 2018 and is progressing on many work fronts. Approximately 130 construction staff are working on site at present. All wind turbine foundations have been excavated and all concrete pours have been completed. The civil earthworks activities are nearing completion. Deliveries of Goldwind wind turbine components to the project site is ongoing and Goldwind wind turbines are now being erected on site. Up to 20 staff will make up the permanent maintenance and operations team once the wind farm is complete. 

Source: Goldwind Australia

 

NEW PROJECTS

Avisford Mini Sustainable Energy Park

Location: 1.8km west of Gulgong, NSW

Capacity: 6.1 MW DC/5 MW AC

Developer: IT Power

Estimated cost: $6.6mil

LGA: Mid-Western Regional Council

Status: Development application being assessed by the Western Regional Planning Panel

Description: The site is ~16ha of agricultural land that is currently vacant. The proposed ~16,000 solar panels will utilise single-axis tracking and connect to the 22kV line that feeds into the Gulgong Zone substation, with any power not consumed by the town flowing to the Beryl substation. Two 2.5 MW inverter stations will be installed.

 

Burrundulla Mini Sustainable Energy Park

Location: Burrundulla, south-east of Mudgee, NSW

Capacity: 12.1 MW DC/10 MW AC

Developer: IT Power

Estimated cost: $13.2mil

LGA: Mid-Western Regional Council

Status: Development application being assessed by the Western Regional Planning Panel

Description: Two separate systems of 5 MW AC planned across ~27ha of land. The proposed ~31,000 solar panels will utilise single-axis tracking and connect to the 22kV line that feeds into the Mudgee substation, with any power not consumed by the town flowing to the grid. Two 5 MW inverter stations will be installed.

Contact: Simon Franklin

Managing Director

IT Power

Tel: (02) 6257 3511

Email: info@itpau.com.au

 

Brookfield Renewable and KKR to partner for a new growth stage in X-Elio

3 July

Brookfield Renewable Partners L.P. (BEP) together with its institutional partners (“Brookfield Renewable”) and KKR today announced a definitive agreement to form a 50/50 joint venture for X-Elio. Brookfield Renewable and KKR will hold joint governance of the X-Elio board. As part of the transaction, Brookfield Renewable will acquire Acek’s 20% stake and 30% of KKR’s stake in X-Elio for a total commitment in the range of $500 million.

Headquartered in Spain, X-Elio is one of the largest independent solar platforms globally with 273 megawatts of operating capacity, 1,413 megawatts under construction and a broader 4,800 megawatt development pipeline across major solar markets including Spain, the United States, Mexico, Chile and Japan. X-Elio also has a proven track record as a premier developer of solar assets globally having developed over 2,000 megawatts of capacity at strong returns.

Sachin Shah, CEO of Brookfield Renewable, said: “We are delighted to be partnering with KKR through this transaction and are pleased that we share a vision for X-Elio’s strong prospects as a solar development leader. This is a unique opportunity to invest in a high-quality portfolio of operating assets including a near-term pipeline of construction assets with an experienced management team, integrated development platform and best-in-class contracting capabilities. This investment allows us to grow our solar capabilities to include global solar development and offers another meaningful growth lever for our business.”

Tara Davies, Member and Head of European Infrastructure at KKR, commented: “We’re looking forward to working alongside Brookfield and building on our close relationship with X-Elio’s management to help the business progress to the next stage of its growth. Our continued commitment to X-Elio builds on our strong track record of developing renewable energy assets and investing behind the global renewable energy transition.”

Jorge Barredo López, CEO of X-Elio, said: “This announcement marks the beginning of an exciting new stage for X-Elio. Brookfield brings further global expertise and a depth of management and operating experience and I look forward to working with both Brookfield and KKR going forward. Acek has been pivotal to X-Elio’s story to date, and I would like to thank them for their commitment and support throughout these years.”

The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2019.

Source: Brookfield & X-Elio

NOTE: X-Elio has the following projects under development in Australia:

- 148 MW Cameby Solar Farm in QLD (Approved)

- 102 MW Wunghnu Solar Farm in VIC (Approved)

- 68 MW Congupna Solar Farm in VIC (Approved)

- 30 MW Tallygaroopna Solar Farm in VIC (Proposed)

 

Beryl Solar Plant now online

3 July

Downer has completed work on the Beryl Solar Power Plant (Beryl), located approximately five kilometres west of Gulgong in Central West New South Wales (NSW).

Importantly, Beryl has reached full and unrestricted output less than one month after initial energisation of the plant was first achieved and now holds all necessary approvals from the Australian Energy Market Operator (AEMO).

The majority of renewable electricity produced by Beryl is being used to meet the operational electricity needs of the Sydney Metro Northwest rail link.

The plant produces enough solar energy to power approximately 25,000 average NSW homes. This will displace more than 153,000 metric tons of carbon dioxide (CO2) emissions per year, which is equivalent to taking approximately 41,000 cars off the road.

The solar plant is the only one in Australia to feature the Arcelor Mittal ‘Exosun’ tracking system on a large scale. This system tracks the sun as it moves during the day, exposing the solar panels to an increased amount of sunlight, resulting in greater electricity production.

Downer’s Executive General Manager for Renewables and Power Systems, Lena Parker said: “This is a wonderful achievement for our business and I acknowledge how hard everyone has worked, enabling the project to be commissioned so quickly and efficiently.

“Together we have delivered a project with significant economic and environmental benefits including a plant that generates electricity with no water use, no air emissions, and no waste production.

“The project has been successful due to the collaborative efforts from AEMO, Transgrid, First Solar, local contractors and suppliers.

“This partnership is the essence of what our Downer brand is - collaborating with customers to foster relationships that create success. Well done to all involved.”

Source: Downer

 

Goldwind to deliver the wind farm project at Agnew Mine

3 July

Goldwind today announced it has entered an agreement with Energy Developments Pty Ltd (EDL) to deliver the wind farm project at the Gold Fields Agnew Gold Mine hybrid renewable energy project in the northern goldfields region of Western Australia.

The Agnew project, which received funding from the Australian Renewable Energy Agency (ARENA) as part of ARENA’s Advancing Renewables Program, is the first Australian mine to use wind generation as part of a large hybrid microgrid. The wind farm will consist of five GW140/3.57MW Goldwind wind turbines at 110 metre hub height and 18 megawatts generated capacity.

EDL is engaged to design, construct, own and operate the microgrid to power the Agnew Mine in two stages, under a 10-year agreement with Gold Fields.

Goldwind, together with Balance of Plant Joint Venture Partner NACAP, will provide Engineering, Procurement and Construction (EPC) services to the project. Goldwind will additionally provide Warranty Operations and Maintenance during the operations period.

“We are extremely pleased to partner with EDL on the Agnew Mine project. Goldwind will deliver the wind farm project using our advanced permanent magnet direct-drive (PMDD) turbines.”

“The project will make a significant contribution towards Australia’s transition to a clean, renewable future” said John Titchen, Managing Director Goldwind Australia.

EDL CEO James Harman said, “As a leading global producer of sustainable distributed energy, EDL is pleased to be supporting Gold Fields’ Agnew Gold Mine through the development of a fully integrated hybrid renewable energy solution that will improve reliability, reduce operating costs and reduce environmental impact.

“We are looking forward to working with Goldwind and other partners to deliver for Gold Fields.”

Source: Goldwind Australia

 

IPCN hearing into Crookwell 3

3 July

The AWA has been continuing to fight for the Crookwell 3 wind farm after the Department of Planning and Environment (DPE) recommended against the project in early May and referred it to the Independent Planning Commission NSW (IPCN).

We believe that the DPE’s decision did not accurately reflect the benefits which the Crookwell 3 wind farm would bring, both to the local community and to the state of NSW, and that the IPCN should approve the project.

Support for Crookwell 3

Many locals, farmers, community members and businesses who benefited from the Crookwell 2 wind farm were eager to support the next stage of the wind farm at Crookwell 3. We canvassed, supported and encouraged them to use their voice in support of the project.

On 6 June both Andrew Bray (National Coordinator of AWA), and Charlie Prell (AWA’s NSW Organiser) spoke at a public hearing called by the IPCN into the Crookwell 3 project.

Charlie, a farmer who hosts some of the Crookwell 2 wind turbines on his property, and an organiser at AWA, warned that if the IPCN followed the recommendation to reject Crookwell 3 they “are not only affecting the few around the wind farm but compromising the future of this area to become a truly sustainable and vibrant community.”

Jobs and community investment at risk

The civil construction component of the Crookwell 2 project alone delivered more than $12 million into local businesses and $14.5 million across the Capital region. Crookwell 3 is slated to provide a similar slew of investment into the area, including at least 100 jobs during construction and 10 full-time jobs servicing the turbines post construction.

Several local companies lodged their strong support for the project, including both Coopers and Divalls Earthmoving businesses, who both sub-contracted on the Crookwell 2 project and employed 45 workers across 18 months. Both companies’ submissions noted that “jobs of this scale are not commonplace.”

Not only are these jobs at risk, but at least 13 farming households and the wider community would miss out on around $500,000 a year, paid through rent, neighbour agreements, community benefits and infrastructure improvements. The majority of neighbours of the Crookwell 3 wind farm have actually endorsed the project and signed agreements with the developer that allow them to share in the benefits it brings to the Crookwell region.

In the midst of one of the worst droughts in 400 years for NSW farmers, new, drought-proof income like hosting wind turbines can be a life-saver for farmers in this rural area.

In his presentation to the IPCN, Charlie espoused the benefits of wind farms for farmers amidst the harsh economic conditions of drought and spoke out about the realities of mental health in regional farming communities as a result of lengthy dry periods.

Clean energy in ageing, coal-powered state

The DPE’s suggestion that NSW does not need more renewable energy is misguided, as the state is currently the most carbon-intensive in the country, and also at high risk of climate damage.

NSW’s ageing coal-burning power station fleet is rapidly winding down. Renewable energy projects such as Crookwell 3 are badly needed to ensure NSW has a reliable source of clean energy on hand to replace it.

The AWA supports this project due to the boon of environmental, economic and community contributions it would bring, and will continue to encourage stakeholders to be vocal in their support for Crookwell 3.

The IPCN decision on the project and whether to reject or approve the recommendation from the DPE is expected in the coming weeks.

Source: Australian Wind Alliance

 

PROJECT NEWS

Atherton Solar Farm

Update from 27 June Tablelands Regional Council meeting: Council resolved to approve an application for a development permit for a material change of use for the 60MW Atherton solar farm on 166 Marnane Road in Tolga, subject to conditions. The Development Permit is for a 60 MW solar farm including storage of 81 MW.

 

Atlas Professionals and Star of the South announce joint labour market study for first offshore wind project in Australia

4 July

Atlas Professionals and Star of the South will jointly conduct a market study on the availability of the required labour and vessel resources for the Australian Star of the South Project, the Southern Hemisphere first proposed offshore wind farm.

Labour and Vessel Requirements Analysis

The report by Star of the South and Atlas Professionals will analyse the labour requirements for the Star of the South during the development, construction and maintenance phase of the project. The study will analyse the future availability of required labour and the necessity to upgrade and/or train available manpower.

In addition, the report will focus on the requirements for specialist vessels during the development, construction and maintenance phase of the project. These requirements will be analysed against the availability of vessels (existing and new to be build) and the competition for specialised vessels with other future offshore projects in Australia and the broader region.

Edgare Kerkwijk, Strategic Director Renewables APAC at Atlas Professionals is enthusiastic about the collaboration: “We are excited to work together with Star of the South and be part of the development of Australia’s first offshore wind project. Since starting our renewable energy activities earlier this year, we have managed to get engagements in Australia, South Korea, Taiwan, Singapore and Japan. This is evidence that the regional offshore wind market is growing rapidly and the need for skilled manpower is growing equally fast.”

Star of the South Project

Star of the South is Australia’s first proposed offshore wind farm and is backed by Danish fund management company Copenhagen Infrastructure Partners (CIP). On 29 March 2019, the Commonwealth Government granted Star of the South an exclusive exploration license to investigate the technical feasibility of constructing wind turbines in the ocean off the south coast of Gippsland, Victoria.

The up to 2200MW wind farm would generate roughly the same energy of the now-closed Hazelwood coal-fired power station and supply about eighteen per cent of the state of Victoria’s electricity requirements.

Source: Atlas Professionals

 

ReNu Energy; company update

5 July

Highlights

  • Extension to exclusivity period with GrainCorp Operations Limited
  • Extension of Term Sheet with Astronergy Solar Australia Pty Ltd
  • WAMMCO Katanning FEED study updated
  • Appointment of CFO & Company Secretary

ReNu Energy Limited (ASX:RNE) is pleased to provide the following update on its recent activities.

GrainCorp 3 x solar PV pilot projects

As previously announced to the market in November 2018, ReNu Energy and GrainCorp Operations Limited (GrainCorp) executed a Heads of Agreement (HOA) for the evaluation and development of three solar PV pilot projects on GrainCorp facilities.

ReNu Energy has completed its evaluation of three pilot project solar PV sites located in Queensland, NSW and Victoria respectively, and is continuing to negotiate the commercial terms of the Power Purchase Agreements (PPAs) with GrainCorp. The parties have agreed to an extension of the Exclusivity Period under the HOA to 30 September 2019 to provide additional time to negotiate the PPAs for the three identified pilot sites.

Astronergy solar farm developments in SA

As announced on 26 April 2019, ReNu Energy and Astronergy Solar Australia Pty Ltd (Astronergy) executed Term Sheets for the acquisition by ReNu Energy of two 5.8MW DC (4.95MW AC) grid connected solar farm developments in South Australia.

ReNu Energy and Astronergy have agreed to an extension of both Term Sheets to 31 August to complete due diligence, negotiations and legally binding agreements for each project. Due diligence on both projects is continuing and the parties have been working to progress the commercial negotiations, including options for vendor finance.

WAMMCO Katanning FEED study

ReNu Energy and WAMMCO are committed to delivering renewable energy to the Katanning abattoir, increasing its sustainability and reducing its grid-sourced power costs. ReNu Energy has continued to work on the front-end engineering & design (FEED) study for an integrated 3.1MW bioenergy and solar PV facility at the WAMMCO Katanning abattoir. Following the submission of connection agreement applications in February, Western Power has now completed its preliminary network study to determine the options and costs for connecting to the network and the requirements and limits for power export into the grid.

The Western Power report indicated that the network could accommodate two connections of up to 999kVA (approximately 2.4MW DC) of non-exporting solar at the site. The initial feedback also indicated that the installation of synchronous generation (biogas engines) is likely to require significant local network upgrades. ReNu Energy and WAMMCO are currently examining Western Power’s feedback, particularly the potential network upgrade requirements.

Source: ReNu Energy

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