Source: Institute for Energy Economics and Financial Analysis
Delta Electricity has contracted a total of 150 MW of solar power from the 275MW AC/332MW DC Darlington Solar Farm, which will be one of Australia’s largest solar PV projects once completed. The power purchase agreement has been inked with the project developer, Edify Energy, which expects to reach financial close and commence construction shortly.
The massive solar farm planned to be coupled with a big 100 MWh energy storage facility was approved by the NSW Department of Planning and Environment last week, as state bureaucrats approv[ed] nearly 500 MW of solar PV. Located near Griffith in western NSW, the Darlington Point Solar Farm will generate 685,000 MWh of renewable energy annually, enough to power approximately 130,000 homes and create up to 400 local construction jobs with commercial operation is slated for early 2020.
In a joint statement, the two companies describe the PPA as an example of solar working together with coal in NSW, demonstrating the growing place of renewable energy. “Delta recognises that both dispatchable power and low emission technologies have a role to play in supporting an affordable, reliable and sustainable national electricity market,” said Delta Electricity company secretary, Steve Gurney.
The companies note that the agreement ends in 2030, coinciding with both the end of the RET period as well as the current expected operating life for [the coal-fired] Vales Point Power Station.
Combining the output of the solar and coal-fired power plant is not new for Delta Electricity. The company is also developing the 55 MW Vales Point solar project alongside the aging coal plant on the shores of Lake Macquarie, NSW, as one of the first large scale solar power plant in Australia to operate in conjunction with a coal-fired power station.