Goyder South Stage 1 wind farm : Neoen signs PPA with Flow Power for 40MW

TAGS

Neoen said that electricity retailer Flow Power has agreed to buy 40MW of energy produced by its Goyder South Stage 1 wind farm in South Australia under a 10-year power purchase agreement (PPA).

Goyder South Stage 1 represents the first stage of ‘s hybrid wind, solar, and storage project to be developed near Burra in the Mid North region of the Australian state.

According to Neoen, the Goyder South has development approval for a total of 1.2GW wind capacity, 600MW of solar power capacity, and 900MW of battery storage capacity.

See also  Sunlight Energy Investments expands renewable portfolio with Indiana solar project acquisition

Construction of the Goyder South Stage 1 wind farm is currently in progress with operations likely to begin in 2024. The wind farm will be equipped with 75 turbines.

The PPA signed by Flow Power will enable it to deliver clean energy to its South Australian industrial and commercial electricity users.

Neoen signs PPA with Flow Power for 40MW of power from the Goyder South Stage 1 wind farm

Neoen signs PPA with Flow Power for 40MW of power from the Goyder South Stage 1 wind farm. Photo courtesy of Ed White from Pixabay.

— Flow Power CEO said: “Flow Power is proud to be supporting Neoen’s Goyder South Stage 1 project with our long-term PPA commitment. This PPA represents a significant contribution to Flow Power’s renewable energy portfolio and will enable us to continue providing Australian energy users access to leading clean energy projects.”

See also  SM Energy and Northern Oil and Gas announce $2.55bn acquisition of Uinta Basin assets

Neoen has another offtake agreement for the Goyder South Stage 1 wind farm, which is for providing 100MW of power to the Australian Capital Territory (ACT) government for a period of 14 years.

— Neoen Chairman and CEO said: “The signing of this second power purchase agreement for Goyder South demonstrates our ability to secure multiple offtake agreements within one large-scale asset.

See also  3t Energy Group wins workforce training contract from Chrysaor

“It underlines once again the competitiveness of our energy, in South Australia and in Australia as a whole. More than ever, Neoen is committed to delivering affordable, reliable clean energy to its clients in Australia and around the globe.”


Discover more from Business-News-Today.com

Subscribe to get the latest posts sent to your email.

CATEGORIES
TAGS
Share This