Perry Bridge Solar Farm is a 44MW solar PV power project. It is planned in Victoria, Australia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025. Buy the profile here.

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Description

The project is being developed by Clean Energy Finance, Octopus Investments and Solis Renewable Energy. The project is co-owned by Clean Energy Finance and Octopus Investments, with their respective ownership stake of 50% each.

Perry Bridge Solar Farm is a ground-mounted solar project which is planned over 232 hectares.

The project is expected to supply enough clean energy to power 13,000 households.

The solar power project consists of 100,000 modules.

Development status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.

For more details on Perry Bridge Solar Farm, buy the profile here.

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 a corporation's investments through governance, strategy, risk identification, profiling and reviews, compliance, controls, and assurance. The authority invests in low carbon electricity projects through the 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 the 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 business relief, venture capital trusts, enterprise investment scheme, funds among others. 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.

This content was updated on 25 January 2024

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GlobalData, the leading provider of industry intelligence, provided the underlying research used to produce this article.

This information is drawn from GlobalData’s Power Intelligence Center, which provides detailed profiles of over 170,000 active, planned and under construction power plants worldwide from announcement through to operation across all technologies and countries worldwide.