10 October 2017 2017 11:15 AM GMT

Enel Starts Construction Of Australia’s Largest Solar PV Project

Enel, through a joint venture between the Group’s fully-owned renewable energy subsidiary Enel Green Power S.p.A. and Dutch Infrastructure Fund, has begun construction of the 137.7 MW(*1) Bungala Solar One photovoltaic (PV) plant, which is located near Port Augusta in South Australia. The plant constitutes the first part of the Bungala Solar PV Project, whose capacity will total more than 275 MW(**2).

“We are proud to lend our experience to the development of renewables in Australia through Bungala Solar, the country’s largest solar plant currently under construction,” said Antonio Cammisecra, Head of Enel Green Power. “This project marks the first step of our growth strategy in a country which boasts such an abundant resource base and whose renewable capacity is expected to surge in the next years. Against this backdrop, Enel Green Power aims to become a key player in Australia’s green energy sector.”

Enel will invest approximately 157 million US dollars in the overall 275 MW project, with a total investment amounting to 315 million US dollars financed through a mix of equity and project finance with a consortium of local and international banks. The Bungala Solar project is fully contracted with a long-term power purchase agreement with Origin Energy, a major Australian utility.

The construction of the second part of the facility, Bungala Solar Two, is expected to start by the end of 2017, while the 275 MW facility will be fully operational in the beginning of 2019. Once completed, the overall Bungala Solar facility will be able to generate around 570 GWh per year, equivalent to the energy consumption needs of approximately 82,000 Australian households, while avoiding the emission of over 520,000 tonnes of CO2 into the atmosphere.

The Bungala Solar One facility, which will cover an area of approximately 300 hectares, will consist of about 420,000 polycrystalline PV modules mounted on single-axis tracker structures which will follow the Sun’s path from east to west increasing the amount of energy produced by the plant, compared to PV modules with fixed structures. The power generated by the facility will be delivered to the country’s transmission grid via the Emeroo and Davenport Substations near Port Augusta.

Australia has 18 GW of installed renewables capacity, producing around 17,500 GWh, equivalent to 17.3% of the country’s electricity output (***3). The Federal Government’s Renewable Energy Target (“RET”) programme has set an objective of having 23.5% of energy generated from renewable sources by 2020 and is complemented by State-level initiatives aimed at increasing renewable energy generation through a tender-based mechanism.

Enel Green Power, the Renewable Energies division of Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of around 39 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies like storage systems into renewable power plants.

  • (*1) Dc capacity, equivalent to around 110 MWac
  • (**2) More precisely, 275.4 MWdc equivalent to around 220 MWac
  • (***3) Source: Clean Energy Australia Report 2016.
October 10th 2017
Enel Starts Construction Of Australia’s Largest Solar PV Project

The Bungala Solar One facility is part of the Bungala Solar PV Project and will have an installed capacity of 137.7 MW out of a total of more than 275 MW for the whole project, that will be able to produce 570 GWh per year. The facility will cover an area of approximately 300 hectares and will consist of about 420,000 polycrystalline PV modules mounted on single-axis tracker structures which will follow the Sun’s path from east to west; increasing the amount of energy produced by the plant, compared to PV modules with fixed structures. The overall Bungala Solar PV project is expected to become fully operational in early 2019.

October 17th 2017
Grids Integration, Energy Networks Boosted By Distributed Generation Growth

Renewable energy has continued to develop at ever increasing rates, with remarkable growth seen since the start of this decade. The pace of the energy transition is driving innovation and growth in related sectors. For energy networks and grids integrating small gas turbines, micro-turbines, fuel cells, biomass, small hydropower, wind and solar energy; distributed generation installation provides significant solutions in the restructured electricity regime. This is particularly so, where there is a larger uncertainty in demand and supply.

October 16th 2017
Uganda Inaugurates Breakthrough Tororo PV Plant. A Future Model For Africa?

Production has commenced at the Tororo PV power plant; which, with 16 GWh of renewable energy generated annually, will cater for the energy requirements of 35,838 people and help reduce CO2 emissions by 7,200 tons. Overall, $19.6 million was invested to build the 10 MWp plant, with the engagement of several major organisations including KfW and FMO Development Banks, the World Bank and the EU. Attilio Pacifici, EU Ambassador said, “One of the key objectives of this plan is to encourage private sector participation in higher risk investments and we’re happy to demonstrate that Uganda is well positioned to be successful and a good model for replication.”

October 9th 2017
ASEAN Eyes Clean Energy To Fuel Economic Growth And Build Climate Resilience

Governments of ASEAN and the International Renewable Energy Agency (IRENA), have established a strategy to accelerate the region’s transition to low-carbon, sustainable energy and build its climate resilience. “Increasing investment in renewable energy across Southeast Asia’s growing populations has significant social and economic benefits across the region, liberating them from expensive fossil fuel imports while boosting economic growth, supporting energy security, job creation and national resilience,” said Adnan Z. Amin, co-chair of the Dialogue.

October 10th 2017
Renovate America Applauds Landmark Protection Framework For PACE Financing

California Governor Jerry Brown signs into law two bills that significantly strengthen Property Assessed Clean Energy (PACE) financing for homeowners and communities. Renovate America, the nation’s largest PACE provider, has hailed Governor Jerry Brown’s signing into law of two bills that provide a landmark regulatory and consumer protection framework for PACE. “Across 150,000 California homes, PACE has already saved enough energy to power the United States for over a day – and this legislation provides the regulatory and underwriting framework to ensure it’s a responsible choice for hundreds of thousands more homes and families,” said Ari Matusiak, Chief Strategy Officer at Renovate America.


 

   

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