Synergy has entered a 13-year power purchase agreement (PPA) with APA Group, the owner and operator of Emu Downs Solar Farm in Western Australia.
Under the agreement, Synergy will purchase both the energy and the Large-scale Renewable Generation Certificates (LGCs) from the 20 MW Emu Downs Solar Farm, located 200km north of Perth, until 31 December 2030.
Construction of the $50m project is expected to begin in January 2017, after signing a funding agreement with the Australian Renewable Energy Agency.
The project is the first solar farm in WA to be co-located with wind turbines, and is one of the 12 projects supported by ARENA through its large-scale solar competitive round.
The project will share the transmission connection and facilities with APA’s existing 80 MW Emu Downs Wind Farm, which was acquired in June 2011 along with long-term energy and LGC off-take contracts with Synergy.
Synergy chief executive officer Jason Waters said this agreement further demonstrated Synergy’s commitment and role in developing and growing renewable energy projects in the state.
“Synergy’s board has approved the award for the power purchase agreement to Emu Downs Solar Farm which was selected as the preferred bidder in August after bidding opened in June,” Mr Waters said.
“This agreement adds to securing more renewable energy for Western Australia and enables both APA and Synergy to execute their growth strategies in renewable power generation.”
Mr Waters said the target for completion and full supply is January 1, 2018.