Clare II Solar PV Park is a 45MW solar PV power project. It is planned in Queensland, Australia. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 45 – 45 Permitting Queensland, Australia Fotowatio Renewable Ventures

Description

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The project is being developed and currently owned by Fotowatio Renewable Ventures.

Clare II Solar PV Park is a ground-mounted solar project which is planned over 106 hectares.

The project cost is expected to be around $49.05m.

Development Status

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The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2023.

Power Purchase Agreement

The power generated from the project will be sold to Origin Energy under a power purchase agreement for a period of 15 years. The offtake capacity is expected to be 36MW.

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About Fotowatio Renewable Ventures

Fotowatio Renewable Ventures BV (FRV), a subsidiary of Abdul Latif Jameel Energy and Environmental Services, is a provider of renewable energy solutions. It offers engineering, procurement and construction (EPC), operation, maintenance, administrative, technical and legal consulting services. The company’s project portfolio comprises of montna farms, nellis air force base, potosi solar, rothenbach solar park, brook warehouse, la jacinta, olmedilla, mafraq-I and lilyvale among others. It develops, constructs, finances, operates, and manages solar energy projects across the countries. FRV caters services to construction, technology, power and investment firms. The company has operational presence in Australia, India, Italy, Jordan, Uruguay, Spain, Mexico and the US. FRV is headquartered in Madrid, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.