Neoen says Australia’s greatest photo voltaic farm “on monitor” regardless of module provide points

French-based renewables and storage developer Neoen says the 400MW Western Downs photo voltaic farm, the biggest within the nation presently both constructed or beneath development, is “on monitor” to be accomplished inside the subsequent 12 months regardless of the worldwide module provide crunch.

Neoen acknowledged that the availability chain issues was including to “painful” rises in prices and challenges for deliveries, however it was assured that Western Downs can be accomplished later this 12 months or within the first quarter of 2022.

If there are delays, Neoen CEO Xavier Barbaro mentioned the corporate was protected by contractual preparations that will permit for the cost of liquidated damages, as it had claimed with delays in some smaller solar farms in NSW, and the Bulgana wind and battery project in Victoria.

Barbaro mentioned some, however not all the photo voltaic modules are on web site, and the corporate hopes to start some technology “quickly”. The photo voltaic farm was formally connected last October.

The Western Downs photo voltaic farm is of key curiosity to the Australian photo voltaic business as a result of it’s the greatest within the nation, and is being constructed at a fragile time for the business by way of provide chains and connection points and ongoing challenges with mission contractors.

Its fundamental EPC contractor is the Indian-based Sterling & Wilson, which has additionally been engaged on the Columboola and Gangarri photo voltaic farms in Queensland, and the photo voltaic element of the Port Augusta renewable vitality park for Iberdrola – none of which have been absolutely commissioned so far.

.re-mid-article {min-height:250px;}

There have been rumours, too, about the way forward for different EPC contractors within the business, extending the problems which have plagued the business for a few years, ensuing within the collapse of 1 main agency, RCR, quite a few subcontractors and the withdrawal from the business of others.

“We are going to see the speed at which modules are delivered to Australia however what I can let you know is that we have now a full turnkey contract and if there are some delays we ought to be lined by liquidated damages,” Neoen CEO Xavier Barbaro mentioned in a convention name with analysts in a single day on the launch of its annual revenues.

“We do hope, after all to have as a lot capability as doable in operation on the finish of This autumn 2022. However I can’t offer you extra indication than that at this time.”

Western Downs – most of which is contracted to the state-owned CleanCo – is one among plenty of landmark tasks being constructed by Neoen, thought to be essentially the most profitable renewables and storage developer within the nation lately.

It has additionally begun work on the primary 412MW wind farm stage of Goyder South, the beginning of what would be the nation’s greatest grid-connected wind, photo voltaic and battery hybrid mission, and on the 100MW, two hour battery in Canberra. It is usually constructing the 157MW Kaban wind farm in north Queensland.

Up to now 12 months, it accomplished the largest battery in Australia, the 300MW/450MWh Victorian Huge Battery, and the enlargement of the Hornsdale Energy Reserve in South Ausralia.

Within the fourth quarter of calendar 2021, Neoen reported consolidated income of €90.9 million, up 22% in contrast from the fourth quarter of 2020.

Photo voltaic income was 27% increased because of the commissioning of the Altiplano energy plant in Argentina, wind income grew 7 per cent, regardless of weak wind situations in Europe, because of new tasks commissioned in France and the completion of Bulgana, which has been working at full capability since October.

Storage income almost doubled to €10.6 million from €5.5 million, because of the connection of the Yllikkäla battery in Finland in late 2020, the enlargement of the Hornsdale Energy Reserve, and the commissioning of the Victorian Huge Battery within the fourth quarter of 2021.

Giles ParkinsonGiles Parkinson

Giles Parkinson is founder and editor of Renew Economy, and can also be the founding father of One Step Off The Grid and founder/editor of the EV-focused The Driven. Giles has been a journalist for 40 years and is a former enterprise and deputy editor of the Australian Monetary Evaluation.


Leave a Reply