A tender has been issued to build and operate a 10 MW solar PV farm in South Australia’s Riverland region, and will be open to expressions of interests until October 4.
The large-scale solar PV project on Moritz Rod Berri is said to be subject to the signing of the PPA with Accolade Wines, a global wines business headquartered in SA.
The Berri Barmera Council has won a government grant of $5,034,000 under the State Local Government Infrastructure Partnership (SLGIP), which will go towards the $25.17 million project.
In addition to the commitment from the SLGIP to fund 20% of the cost of the project, the Council says it will have access to a discounted loan rate over 10 years for borrowings required and negotiated through the Local Government Finance Authority.
“The increase in electricity charges and the reducing capital cost for the solar farm coupled with the 20% grant from the State Government and concessional interest rate from the Local Government Finance Authority make the timing of the project opportune to support local industry and adds an additional source of income for the Council,” Berri Barmera Council CEO David Beaton stated when announcing the project in September.
The 10 MW solar generation facility is expected to provide more stable supply and pricing of electricity to local users, as well as immediate economic stimulus through creation of 132 full time jobs during construction and three full time position during the operation of the plant.
As reported earlier, the Riverland region is also likely to become home to a massive hybrid project, featuring 330 MW of solar and 100 MW/ 400 MWh storage.
Under a collaboration agreement on the Riverland Solar Storage project, Australia’s Lyon Group would act as the project developer, Japanese joint venture JERA an investor and US-German joint venture Fluence, the battery solution and service provider. The project is, however, considerably delayed as it was originally planned to break ground in 2017.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: firstname.lastname@example.org.