![]() Subscribe to the Investment Update newsletter to find out about new investment opportunities, insights and investor success stories across Australia.Įuropean Energy signs major green PPA with Rio TintoĮuropean Energy has signed a major green power purchase agreement (PPA) with Rio Tinto.Contact Austrade for more information about investment opportunities in Australia.Equinix, BHP and Rio Tinto are some companies that have signed major green PPAs with renewable energy developers in Australia.įind out more about investment opportunities in Australia’s solar industry. There are also opportunities to secure green PPAs with Australia-based organisations as they switch to renewable energy. ![]() Solar farms are increasingly incorporated into hybrid solar and wind power generation, and sometimes with battery storage. ![]() Investment into Australia’s solar power generation sector also provides a pathway into other renewables investments. advanced manufacturing – the Australian Government recently announced A$1 billion in funding for solar PV manufacturing.developing an integrated silicon and solar cell supply chain.There are significant opportunities for investors to help build Australia’s solar PV production and export capability, including: Solar opportunities in AustraliaĪustralia is prioritising a rapid and large-scale escalation in solar power production. The project is in the New England renewable energy zone and is expected to be completed in 2025. The project comprises 360 MW of wind, 210 MW of solar, and a two-hour 200 MW battery storage. The company is planning to develop the A$1.2 billion Bendemeer renewable energy hub in New South Wales. The Gunsynd Solar Farm will be the cornerstone of Metis Energy's expanding Australian portfolio. There will also be opportunities for local businesses and the community in Goondiwindi over the course of the project and when it begins operations. During the construction phase, the project will have a peak workforce of 100 people. Metis Energy has issued PCL Solar with a Notice to Proceed for the engineering, procurement and construction works. Metis Energy has signed a long-term power purchase agreement with renewable energy provider SmartestEnergy Australia to supply energy from the Gunsynd Solar Farm. This is equivalent to abating approximately 150,000 tons of CO2 emissions and powering up to 32,000 households in Queensland annually. The 111 MW Gunsynd Solar Farm in Goondiwindi, Queensland will produce up to 250 GWh of energy annually. Singapore renewable energy company Metis Energy is developing its first solar project in Australia. Metis Energy to develop 111 MW solar farm in Australia
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