Neoen strikes second deal with Queensland's CleanCO
Neoen is set to build a 157MW wind farm in Queensland, Australia after signing a 110MW power purchase agreement with CleanCo Queensland.
Located near the town of Ravenshoe, 80 kilometres south-west of Cairns, the Kaban wind farm will consist of 28 turbines connected via a new substation in to the existing 275kV overhead transmission line operated by Powerlink Queensland.
The wind resource in Far North Queensland generates an electricity profile that is different and highly complementary to southern regions of the National Electricity Market, the company says, adding that energy generation is scheduled to commence in 2023. Northern Australia Infrastructure Facility is in its due diligence phase to support the £205 million investment to support Neoen. When construction commences in 2021, the project is expected to create more than 150 jobs in the Far North Queensland region.
The establishment of a Community Benefit Fund will provide opportunities for local community-building initiatives totalling £27,725 annually, for the lifetime of the project.
"We are delighted to be working with CleanCo and Powerlink on our second Queensland project together," says Louis de Sambucy, Neoen Australia's managing director. “This agreement underscores our deepening involvement in the State’s clean energy transition, and we are proud to be supporting Queensland’s progress towards its ambitious target of 50 percent renewable energy by 2030.”
This is the second deal this year between Neoen and Queensland’s CleanCo, a publicly owned electricity company. A 352MWp power purchase agreement for Western Downs Green Power Hub – Australia’s largest solar farm – was recently signed by the two companies.
The deal is also CleanCo’s third renewable energy offtake agreement since its establishment in December 2018. The Kaban wind farm will contribute to the energy needed for CleanCo Queensland to meet its target of 1GW of new renewable generation by 2025.
“We are proud to be involved in this new renewables development which will continue to improve electricity affordability for Queensland," states Maia Schweizer, chief executive of CleanCo Queensland. “Large energy users in Queensland are increasingly looking to power their businesses with affordable renewable energy, which gives us the confidence to continue to invest in projects like Kaban. CleanCo is pleased to continue supporting investment and jobs in Far North Queensland as we move closer to our target of supporting 1 GW of new renewable generation by 2025 and maintain progress towards the target of 50% renewable energy by 2030,” she adds.
Chris Wade, NAIF’s Chief Executive Officer says that the Kaban Green Power Hub can bring numerous benefits to Far North Queensland.
"We are pleased to progress the project to our due diligence phase. Our mission is to support projects and businesses in northern Australia to facilitate economic growth and help catalyse private sector investment. As such NAIF looks forward to continuing to work with our stakeholders, including the Queensland Government, to assist in the future development and growth of the State’s renewable energy sector.”
Finally, Xavier Barbaro, Neoen’s chairman and chief executive officer says that the signing of the second power purchase agreement demonstrates Neoen’s ability to design competitive projects capacity, while also acting as a long-term partner.
“As one of the world’s leading and fastest-growing independent renewable energy producers, we are committed to delivering affordable, reliable and clean energy to communities across Australia and in our 13 other countries,” he concludes.
Awesense launches digital clean energy marketplace
Awesense has launched what it claims is the only energy-focused repository of solutions built to drive the industry's decarbonization agenda.
The Awesense Marketplace aims to provide a common framework for companies to collaborate towards the future of clean energy and digital transformation, uniting applications, solutions and algorithms to solve energy and grid challenges.
Solutions listed on the marketplace cover a range of cases, and launch companies include Doosan GridTech, Kitu Systems, vadiMAP, LO3 Energy, ENGIN, Utilidata, Clir Renewables, ChargeLab, SensorLink, Exeri, Easy SmartGrid, and Athena Power.
“We are welcoming a new era in the decarbonization of energy systems,” said Mischa Steiner, CEO of Awesense. “The goal of achieving a clean energy future requires collaboration amongst key industry players in the utilities and energy sectors. Sharing resources through the Marketplace means that our customers and partners have a truly seamless approach as we work towards our common goal - ultimately, decarbonizing the world’s energy system.”
Utilities, consulting companies, and other organizations struggle to develop solutions that can be scaled across many jurisdictions due to complex data integration and the lack of a standard, open data model. Using the solutions offered throughout the Marketplace, organizations can rapidly accelerate their transition to a decentralized, decarbonized future and develop solutions that are scalable across industry. The platform will open up new revenue streams in areas such as:
Distributed energy resource integration and control
Electric vehicle charging
Demand response and smart-home management
Intelligent asset management
Advanced distribution system management
The new marketplace builds on Awesense's Digital Energy Platform, a digital twin based energy analytics platform that allows utilities to scale at the same pace as the rapidly changing technology landscape of the energy grid.
Together, the Open Energy Data Model and the Awesense Marketplace removes hurdles around data mapping and transformation, expedites data preparation and refining, and provides a common framework for companies to collaborate.
“The energy-specific data model allows utilities, technology companies, consulting firms, and other vendors to build solutions that can be easily integrated by other energy companies, to make a real impact on the industry as a whole, and develop new revenue streams for their organizations” said Steiner. “We’re looking forward to seeing the Awesense Marketplace grow as more partners committed to energy decarbonization join us.”
There are no simple solutions to putting the world on a sustainable path to net-zero emissions, according to the IEA. Reducing global CO2 emissions will require "a broad range of different technologies working across all sectors of the economy in various combinations and applications." it notes.
Renewable Energy Hub of South Australia formed
Amp Power Australia has established the Renewable Energy Hub of South Australia, a strategic portfolio of large scale integrated Solar PV, Wind and Battery Energy Storage assets located in South Australia. The hub also includes the siting of the Spencer Gulf Hydrogen Energy Ecoplex, forming part of the South Australian Government's Hydrogen Action Plan.
The portfolio, acquired from EPS, includes three large Solar PV projects totalling over 1.3 GW of generation, located at Robertstown (636 MW), Bungama (336MW) and Yoorndoo Ilga (388MW) with a total BESS capacity of up to 540MW across the portfolio.
Amp's expansion in Australia will include the implementation of Amp X, a proprietary digital energy platform 100% owned by Amp, which provides a diverse portfolio of disruptive and interoperable grid edge solutions, and includes a smart transformer, which enables real-time autonomous management and optimised dispatch of all forms of distributed generation and loads across the grid.
Palmetto recently opened its marketplace in Arizona, and is now serving 20 states across the country, claiming its proprietary technology, marketplace business model, and consumer mobile application "are all designed to democratize access to clean energy".