Adani signs Power Purchase Agreement for Rugby Run solar farm

By Sophie Chapman
Indian-based Adani has taken a step in becoming Australia’s largest renewable energy producer by 2022. Chairman, Gautam...

Indian-based Adani has taken a step in becoming Australia’s largest renewable energy producer by 2022.

Chairman, Gautam Adani, as announced that Adani Renewables has signed a Power Purchase Agreement (PPA) with an undisclosed power retailer.

The PPA covers electricity generated at solar plant Rugby Run, near Moranbah, on a 600-hectare block, and will remain until 2030.

Adani Renewables plans to run a number of renewable energy projects across Australia, aiming to have a combined capacity of 1.5GW within the next five years, making it the largest renewable energy producer in the country.

The first step towards this is the construction of Phase One, which will begin this month and is scheduled to end in October 2018, with the potential to hire 150 new employees.

SEE ALSO:

Through Phase One, the farm will have an initial generation capacity of 65MW, and will use the latest mono-PERC technology and singe axis tracking systems to improve efficiency and output.

“We are the largest generator of solar energy in India and we aim to replicate that in Australia,” stated Mr Adani.

Although the “significant” retailer is still unknown, Dr Jennifer Purdie, CEO of Adani Renewables, reported on how much energy they will use.

“The purchaser has agreed to take 80% of that output at an agreed rate” commented Dr Purdie.

Prior to the solar projects, Adani made a AUS$16.5bn (US$12.9bn) investment in the planned Carmichael coal mine in Queensland’s Galilee Basin, along with rail and port infrastructures.

Adani has also received planning permission for a further $200mn (US$156mn) solar farm near Whylla.

Share

Featured Articles

UK Government awards £54mn in heat network funding

Funding will support the development of schemes in London, Bedfordshire and Woking that use low-carbon heat sources

Shell posts $11.5bn second quarter profit

Shell's earnings fuelled by ongoing price rises and geopolitical instability as the energy major places greater focus on natural gas investments

bp opens first electric truck fast-charging facilities

Operated by bp’s Aral brand, the retail site at Schwegenheim in Rheinland-Pfalz has two 300kw chargers intended for electric trucks

Shell commits to developing Jackdaw gas field in North Sea

Oil & Gas

Prospex Energy raises £1.87m for Selva gas field development

Oil & Gas

Shanghai Electric Group launches low carbon business

Utilities