• FRV signs agreement with Snowy Hydro, a major electricity generation and retailing company in Australia
  • Goonumbla Solar Farm will produce enough clean energy to supply more than 45,000 homes and avoid the emission of 140,000 tons of CO2 per year
  • Construction will begin in April 2019, and operations commence June 2020.

Fotowatio Renewable Ventures (FRV), a leading global developer of renewable utility-scale projects and part of Abdul Latif Jameel Energy, has announced the signing of a power purchase agreement (PPA) with Snowy Hydro, for the production of the 67.8 MW ac of the Goonumbla Solar Farm project to be developed in the state of New South Wales.

The PPA was awarded to FRV within the Snowy Hydro Renewable Energy Procurement Program launched earlier this year and successfully concluded this month.

Located approximately 10 km west of the town of Parkes and 280 km North West of Sydney in New South Wales, the plant will connect to the national grid, producing approximately 195,000 MWh of clean energy per year.  This power output is enough to supply energy more than 45,000 average Australian households and avoid the emission of around 140,000 tons of CO2 annually.

With an approximate area of 385 ha, construction is expected to begin in April 2019 and other plant is anticipated to be operational in June 2020.  Its construction and operation will contribute to the economic development of the local area, as FRV foresees the creation of up to 150 jobs during the construction phase of the plant, up to 5 of which will remain once it is operational.

According to Daniel Sagi-Vela, CEO of FRV, “with this latest agreement we want to continue leading the production of renewable energy in Australia, a country that is showing a great commitment to boost renewable energy projects.  The Goonumbla Solar Farm will enable us to develop our expansion plans in the country, while contributing to a more sustainable future in Australia”.

Carlo Frigerio, FRV Managing Director Australia also added, “We are pleased to be working with Snowy Hydro on this important project contributing to the ongoing diversification of the electricity generation resources in NSW and Australia”.

This is FRV´s sixth project in the country apart from Winton Solar Farm, (85 MW ac) in Victoria, Royalla (20 MW ac) in the Australian Capital Territory, Moree (56 MW ac) in New South Wales and Clare (100 MW ac) and Lilyvale (100 MW ac) in Queensland.

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