RES to manage Merredin Solar Farm in Australia
- The agreement with SUN Energy covers full-scope asset management services
RES has protected a management services agreement to manage the 100MW Merredin Solar Farm in Western Australia.
The Merredin Solar Farm is the initial Australian project to be acquired by Indonesian business SUN Energy, an industrial as well as industrial-focused solar designer.
SUN Energy has actually involved the RES team to give full-scope asset management services, leveraging the company's substantial experience as well as established Australian group, including 20 technical/engineering experts.
50% of the energy from Merredin Solar Farm has actually been purchased by multi-national mining, steels as well as gas firm, BHP, to reduce the emissions of their smelters.
Together with the 3GW of assets RES is managing across the National Electricity Market, the Merredin asset management arrangement re-enforces RES' growing presence in the Wholesale Electricity Market.
To day, SUN Energy has actually recorded the ownership of over 280MWp of solar energy projects in Asia Pacific, consisting of Indonesia, Thailand, Taiwan, and also Australia.
Director of RES Asset Management for Asia Pacific Grant Harris commented: "RES is the perfect partner for SUN Energy as well as new financiers in the Australian market. Our 35-strong Australian Asset Management group combines a wealth of experience, understanding as well as recognized links with market, with a ruthless focus on boosting the efficiency of renewable energy projects, offered the special challenges Australian projects face."
SUN Energy chief executive officer Phillip Lee states: "Lining up with our considerable business development these previous years, SUN Energy requires to make sure operations run smoothly by choosing the right partner to profit the efficiency as well as generation of Merredin Solar Farm. Appropriately, this partnership will certainly sustain SUN Energy in coming to be a trusted worldwide partner and also service provider of solar power."
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