The Task Behind Sterling and also Wilson Solars AUD 615 Million Victory

• Recently, Sterling and Wilson Solar (SWSL) revealed its biggest, as well as 2nd significant contract in the Australia market, when it announced am AUD 615 million dollar win for an EPC and also O&M contract in the country.

While the company didnot disclose the name of the project, it is coming to be significantly evident that the job is none other than the Western Downs task for Neoen, a significant developer. Both had actually worked together on a job in Zambia earlier in 2018, for a 54.3 MW solar task backed by the World Financial institution. In Australia, before this, SWSLs greatest project was the 200 MW project in New South Wales for Lightsource BP, where it started construction in December 2019. The firm has actually had an existence in the continent considering that 2015.

Early in May, Neoen and also CleanCo Queensland had signed a site PPA for Australia's biggest solar farm, at 352 MWp. Considering the agreement value estimated by SWSL, this task is the only existing project in Australia that fits that ticket dimension. The Paris-based Neoen currently has 3 GW solar tasks in operation or under construction, with a target to reach 5 GW by 2021.

The Western Downs Green Power Center is slated to generate 1080 GWh of economical tidy power each year, enhancing CleanCo Queensland's hydro generation. Between 460 and 480 MWp in overall size, Western Downs will certainly end up being the largest solar

ranch in Australia, bringing significant regional financial advantages to South West Queensland. For the EUR 253 million turnover (2019) Neoen, the project will certainly likewise make it the leading renewable energy producer in the nation. Construction on the Western Downs solar farm is anticipated to start in July, with generation from the task because of start in the first quarter of 2022.

For CleanCo Queensland, this is the 2nd renewable energy offtake contract because its facility in December 2018, and it will certainly contribute over 30% of the power required for CleanCo Queensland to meet its target of 1 GW of brand-new sustainable generation by 2025. The publicly had CleanCo Queensland has a required to sustain Queensland's 50% renewable energy target by 2030. A time by when the sunshine state will certainly intend to be powered dramatically by sunlight.

For Sterling as well as Wilson Solar, effective implementation of the task will further cement its track record as the leading EPC player in the segment, and reinforce more chances in Australia in addition to Europe, where a substantial stimulus backed tendering procedure may quickly be starting for renewable energy projects.