The Aussie arm of Italy’s Enel Green Power has sealed a deal with SmartestEnergy Australia calling for the electricity retailer to buy electricity from its 93-MW Girgarre solar project in Victoria.
The long-term power purchase agreement (PPA) was announced by the partners in a LinkedIn post on Monday. Neither of them specified whether the off-take deal covers the entire output of the photovoltaic (PV) complex.
The Girgarre solar park is being built around 50 km west of Shepparton, in the Shire of Campaspe, and is expected to be commissioned at the start of 2025. Enel Green Power Australia is currently working on the solar installation of mounting structures and systems that will support the plant's roughly 169,500 modules.
The project, the construction of which was launched in September, represents a total investment of AUD 140 million (USD 94.2m/EUR 86.3m). Once operational, the Girgarre complex will be capable of generating around 200 GWh of electricity annually, or enough to cover the consumption of about 43,000 local homes.
SmartestEnergy Australia is a unit of Japan’s Marubeni Corp. This past summer, the company clinched a PPA with Greece's Mytilineos for a 40-MW solar project in Queensland.
(AUD 1.0 = USD 0.673/EUR 0.616)