Australia’s biggest solar energy plants have been given the funding go-ahead, clearing the way for the installation of 2 million photovoltaic panels at two sites in the NSW outback.
AGL Energy Limited (AGL) was selected by the Australian Government as the successful proponent in the solar photovoltaic (PV) category of the Solar Flagships Program independent reassessment process, which will supply 50,000 homes with electricity and potentially pave the way for more such ventures. The project will produce about 360,000 megawatt-hours of electricity annually.
AGL, together with First Solar (Australia) Pty Ltd, will deliver two large-scale solar PV power projects with a total nominal capacity of 150 MWac at Nyngan (100 MW) and Broken Hill (50 MW) in New South Wales. The Australian Government will provide $129.7 million in funding to support project implementation, and the NSW Government will provide $64.9 million. Total capital expenditure for the two solar projects is expected to be approximately $450 million.
Construction of the Nyngan project is expected to start in January 2014, with completion scheduled by mid 2015. The Broken Hill plant will start construction in July 2014, and is scheduled to be completed by about November 2015.
For more information about the projects please click here