Spanish renewables company to buy Three Springs solar farm in Western Australia

Share

New South Wales-based oil and gas company Pilot Energy Limited has received a non-binding $11.5 million (USD 7.7 million) offer from Madrid-based clean energy developer EDP Renewables (EDPR) to acquire its 376 MW Three Springs solar farm, 300 kilometres northeast of Perth, Western Australia (WA).

Pilot has been progressing the Three Springs project to support the delivery of 1.2 million tonnes per annum of low-carbon ammonia for an export project at the Mid-West Clean Energy Project (MWCEP), but is opting to source renewable generation closer to the site, in the Arrowsmith region.

Pilot Chairman Brad Lingo said the proposed sale is a great result for the company, which will provide significant capital for it to progress its carbon capture and storage project at Cliff Head, 330 kilometres north of Perth and accelerate the development of renewable power sources to power the MWCEP.

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: editors@pv-magazine.com.

Popular content

CIP begins building 960 MWh big battery in South Australia
11 February 2025 Danish renewables giant Copenhagen Infrastructure Partners has officially launched construction of a 240 MW / 960 MWh battery energy storage project i...