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January 5, 2022

Fulham Solar PV Park, Australia

By Carmen

Fulham Solar PV Park is an 80MW solar PV power project. It is planned in Victoria, Australia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2022.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 80 80 Permitting Victoria, Australia Clean Energy Finance; Octopus Investments; Solis Renewable Energy

Description

The project is being developed by Clean Energy Finance, Octopus Investments and Solis Renewable Energy. Clean Energy Finance and Octopus Investments are currently owning the project.

Fulham Solar PV Park is a ground-mounted solar project which is planned over 161 hectares.

The project cost is expected to be around $87.2m.

Development Status

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Post completion of the construction, the project is expected to get commissioned in 2022.

About Clean Energy Finance

Clean Energy Finance Corp (CEFC) is a statutory authority that provides investments for clean energy projects including renewable energy, energy efficiency and low emissions technologies. The authority financing structures include project finance, climate bonds and equity funds, aggregation funding and corporate loans supporting private sector investment in clean energy. It also monitors and manages risks for corporation’s investments through governance, strategy, risk identification, profiling and reviews, compliance, controls and assurance. The authority invests in low carbon electricity projects through deployment of solar, wind, battery storage and bio-energy technologies; energy efficiency in electricity generation, transport, property, infrastructure, manufacturing and agribusiness sectors; electrification and fuel switching particularly in transport sector. CEFC is headquartered in Sydney, New South Wales, Australia.

About Octopus Investments

Octopus Investments Ltd (Octopus Investments) subsidiary of Octopus Capital Ltd, is a investment company. The company’s product portfolio includes portfolio manager, cash account and choice account. Its service offerings includes tax services, venture capital trust services, enterprise investment scheme services and fund services, among others. Octopus ventures invests in companies like Zoopla Property Group, Secret Escapes, Tails.com and graze. The company invests in renewable energy, small companies, healthcare and property. Octopus Investments is headquartered in London, Greater London, the UK.

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.

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