French independent renewable energy producer Neoen has started full-scale commercial operations at its Coleambally solar farm in New South Wales (NSW), Australia.
The company noted that the photovoltaic facility has the highest energy output capacity in comparison to the existing solar farms present in the country. It can power more than 65,000 homes in the NSW region.
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Located in the Riverina region, Coleambally solar farm has been commissioned and connected to TransGrid’s high-voltage transmission network.
Spread across a 550ha land area, the solar farm is supported by a 12-year power purchase agreement (PPA) with energy retailer EnergyAustralia.
As per the terms of the PPA, EnergyAustralia will acquire 70% of the solar farm’s energy output, while the remaining power will be sold directly to the market.
Neoen Australia managing director Franck Woitiez said: “Coleambally solar farm is an example of the projects that will underpin a modern energy system in Australia. Through the course of its development, we have received an enthusiastic response at the regional and state level.
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By GlobalData“As a long-term investor in Australia’s renewable energy future, we are proud of this achievement and would like to offer our sincere thanks to the Riverina community for allowing us to realise the full potential of this landmark project.
“Neoen will continue to work with our partners and particularly the local communities, councils and state government to ensure that the people of New South Wales enjoy clean, efficient and affordable electricity for decades to come.”
Equipped with 567,800 solar photovoltaic (PV) panels, the facility will have the capacity to produce over 390,000MWh of clean, emission-free, renewable energy per annum.
The project’s construction phase has seen nearly 400 jobs created in the Riverina area, encouraging economic activity and diversifying industrial base.
The solar farm is expected to support several permanent, contract or temporary job opportunities during its expected 30-year service life.
