Victoria Launches 119-MW Solar Partnership with OX2

• Victoria’s SEC and OX2 are pioneering a 119-MW solar park, powering 51,000 homes while boosting jobs and local economy—towards a 100% renewable future!

Victoria's State Electricity Commission (SEC) has partnered with Swedish developer OX2 to build a 119-MW solar park, part of the state's goal to achieve 100% renewable energy. The SEC Renewable Energy Park in Horsham will be one of Australia's first entirely publicly-owned utility-scale renewable energy sites. The project will unfold in two phases: initially constructing a solar photovoltaic (PV) farm, followed by the addition of a 100-MWh battery energy storage system to manage peak electricity demand.

The project, backed by a AUD 1 billion initiative to enhance Victoria’s renewable capacity, aims to generate approximately 242,000 MWh of electricity annually, sufficient to power around 51,000 homes. Construction is expected to create nearly 250 jobs and inject AUD 370 million into the local economy. The energy produced will primarily serve Victorian government customers, furthering the state’s commitment to renewable energy.

How will Victoria's SEC and OX2's solar park impact renewable energy and jobs?

Impact of Victoria's SEC and OX2's Solar Park on Renewable Energy and Jobs

Renewable Energy Impact

• Increased Renewable Capacity: The SEC Renewable Energy Park will significantly boost Victoria's renewable energy output, contributing to the state's target of a 100% renewable energy system by 2030.
• Integration with Battery Storage: The inclusion of a 100-MWh battery energy storage system will enhance energy reliability, allowing for better management of supply during peak demand periods and increasing the overall efficiency of the grid.
• Carbon Emission Reduction: By generating around 242,000 MWh of renewable energy annually, the project will contribute to substantial reductions in greenhouse gas emissions, supporting climate action initiatives at both state and national levels.
• Support for Government Commitments: The energy produced will directly supply government operations, aligning with broader environmental policies aimed at achieving sustainability in public service sectors.

Economic and Job Creation Impact

• Job Creation: The construction phase is expected to create nearly 250 jobs, providing much-needed employment opportunities in a diverse set of roles, from engineering and construction to project management and maintenance.
• Local Economic Boost: The AUD 370 million investment will not only generate jobs but also stimulate local businesses by increasing demand for materials, services, and housing in the Horsham area.
• Skill Development: Workers involved in the project will have opportunities for skill enhancement in emerging sectors such as renewable energy technology and battery storage, promoting long-term workforce adaptability.
• Potential for Future Growth: This project may set a precedent for further investments in renewable projects across Victoria, encouraging more partnerships and developments in sustainable energy infrastructure and potentially increasing job creation in the sector.

Broader Implications

• Public Ownership Model: As one of Australia's first publicly-owned utility-scale renewable energy sites, the project could inspire similar initiatives, demonstrating the viability of public ownership in addressing climate change and energy security.
• Increased Public Engagement: The collaboration between SEC and OX2, alongside the visibility of a public solar park, could foster greater acceptance and enthusiasm for renewable energy projects among local communities.
• Innovation Stimulus: The project can act as a catalyst for innovation in renewable energy technologies and storage solutions, potentially leading to advancements that benefit the wider industry.
• Alignment with National Goals: The successful implementation of this solar park could position Victoria as a leader in Australia's renewable energy transition, aligning with national commitments to reduce reliance on fossil fuels and promote sustainable energy solutions.

By advancing renewable energy initiatives like the SEC and OX2 solar park, Victoria is not just investing in its energy future but also making strides towards a more sustainable economy and a greener planet.