Chinese Australian renewable energy developer, Maoneng, has reached financial close for its 255MW Sunraysia Solar Farm in New South Wales.
“We are pleased to see the Sunraysia Solar Farm achieve this significant milestone,” AGL Executive General Manager Wholesale Markets, Richard Wrightson, said.
“Through our offtake agreement with Maoneng Australia, we are proud to support this project, and look forward to a safe and successful construction phase.”
Sunraysia has a 15 year agreement to provide power to AGL, and also has a contract with UNSW in Sydney as part of the university’s plans to be carbon neutral by 2020.
The Sunraysia project forms a key element of AGL Energy’s plan to replace the aging Liddell coal -fired generator in the Hunter Valley with a mixture of solar, wind, storage, gas and upgrades to its Bayswater plant.
Construction is expected to commence before the end of 2018.
Lauren ‘LJ’ Butler is the Assistant Editor of Utility magazine and has been part of the team at Monkey Media since 2018.
After completing a Bachelor of Media, Communications and Professional Writing at the University of Wollongong in 2014, and prior to writing about the utility sector, LJ worked as a Journalist and Sub Editor across the horticulture, hardware, power equipment, construction and accommodation industries with publishers such as Glenvale Publications, Multimedia Publishing and Bean Media Group.