OCTO+CEFC: 350MW Solar Park & Storage
- New South Wales government has approved the construction of the Blind Creek Solar Farm, a 350-MW Solar Park with a 300MW/600MWh battery storage capacity. This USD368.6 million project will create 135,000 home-equivalent energy and offset 740,000 tonnes of CO2 annually. It will also include regenerative agriculture and benefit sharing scheme for local residents.
The New South Wales government in Australia has approved the construction of the Blind Creek Solar Farm, a 350-MW solar park with a 300MW/600MWh battery storage component. The USD 368.6 million project is being developed by a joint venture of Octopus Australia and the Clean Energy Finance Corporation (CEFC), together with the founders. Once completed, the solar park will be capable of producing electricity for around 135,000 homes and offsetting 740,000 tonnes of carbon dioxide (CO2) emissions annually. It will also include regenerative agriculture and comes with a Community Benefit Sharing Scheme (CBSS) programme for local residents. The project is expected to generate significant economic and environmental benefits for New South Wales in the near future.
What Benefits Will the New Blind Creek Solar Farm Bring to New South Wales?
- Creation of up to 500 jobs during the construction phase of the project
- Lower electricity prices for households and businesses in the region
- Reduced CO2 emissions and improved air quality in New South Wales
- Increased local investment in renewable energy projects
- Improved energy security and grid reliability
- Increased employment opportunities in the renewable energy sector
- Support for regenerative agriculture and local communities through the Community Benefit Sharing Scheme (CBSS) programme