Luminous Energy offers 162MW Queensland solar park, indicators PPA with CS Energy
- Project designer Luminous Energy has actually agreed to unload its 162MW Columboola Solar Farm in Queensland to South Korea's Hana Financial Investment.
Due to be developed in the Western Downs area, the facility will certainly include bifacial panels and single-axis trackers. It is expected building and construction will certainly start later on this year.
UK-based Luminous has additionally signed a power purchase arrangement (PPA) with Queensland government-owned CS Energy, which will certainly buy 100% of the outcome from the farm as well as sell it on to commercial and also industrial retail consumers such as Griffith University, CQUniversity and also Queensland University of Technology.
CS Energy CEO Andrew Bills said the company is reacting to the needs of huge energy customers like the universities by developing services that satisfied their requirements in regards to energy use, decarbonisation as well as energy monitoring.
"Through this PPA, CS Energy remains to diversify our portfolio and also use our retail customers renewable generation as part of their energy supply. We're thrilled to assist in further renewable energy advancement in Queensland as well as aid relocate the state better to achieving its objective of 50% renewables by 2030," he stated.
When the link functions commenced on Columboola Solar in October last year, Luminous Energy said the plant would certainly function as a "springboard to combine growth", with the developer considering a pipe of approximately 1.2 GW.