Construction of a 100 MW solar farm in North Queensland is set to begin after reaching financial close.
Energy Minister Mark Bailey said Fotowatio Renewable Ventures’ (FRV) Clare Solar Farm, near Ayr, would be on the largest in the country and would bring more renewable energy to the north’s electricity grid.
“This important milestone means that FRV now has the funding arrangements in place and will proceed with construction of its 100 megawatt solar farm” Mr Bailey said.
“This project will create around 200 jobs during construction and upon completion, will generate 100 megawatts of reliable and secure renewable energy for North Queensland.
“Reaching financial close follows the Clare Solar Farm’s previous milestones of its agreement with state government owned Powerlink to connect through the Clare South substation, as well as Origin’s commitment to purchasing all generated energy from the solar farm for 13 years.”
Powerlink chief executive Merryn York said the transmission network would play a key role in delivering a lower carbon future.
“Powerlink’s transmission network not only has the important responsibility of providing electricity to almost four million Queenslanders, but it will also facilitate the growth of renewable energy in this state,” Ms York said.
Mr Bailey said commitments from energy providers such as this, combined with a supportive and renewable-focused Palaszczuk Government puts Queensland on the front foot for more investment in the energy industry.
Construction of the Clare Solar Farm is set to begin in early 2017, with the farm expected to be grid-connected and fully operational by early 2018.