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Susan River solar farm opened by Elliott Green Power.

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US Hedge Fund backed Elliott Green Power have successfully opened the Susan River solar farm. The 95MW farm adds to their current portfolio and is another great step in the right direction for solar farms in Australia and Esco Pacific.

Susan River solar farm

Construction on the Susan River solar farm commenced in mid-January last year and about 150 workers helped finish the farm, which occupies 176 hectares and has 350,000 solar panels. Construction was handled by Esco Pacific, who have plenty of experience in the field, being responsible for projects such as the Finley Solar Farm.

Esco chief executive Steve Rademaker said the project has created five to ten full-time jobs post-construction.

“Choosing a location came down to the suitable size identification and proximity to the electrical grid, among other factors,” Mr Rademaker said.

“The Fraser Coast ticked all these boxes. It’s a good location to build a project like this.”

Energy Minister Dr Anthony Lynham attended the opening of the Susan River solar farm and didn’t miss the opportunity to play politics:

“Elliot Green Power’s $175 million investment is another demonstration of industry’s confidence in the sector and further evidence that consistent energy policy from this Palaszczuk government drives generation investment,” Lynham said in a statement.

“That’s in stark contrast to what the Morrison government’s policies are doing to investment in new generation.”

RenewEconomy are reporting that another of Elliot Green Power’s farms is almost complete (Teebar Solar Farm), and a third (North Aramara Solar Farm) which will be finished later this year.

They also report that Elliot Green Power’s Childers Solar Farm and Susan Rivers Solar Farm were the two first farms to sign up for a ‘proxy revenue swap’. This is a hedging product Nephila Holdings Ltd provided, which protects both farms from varations in output (click here to read more) 

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Susan River Solar Farm Construction Commences

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The up-to 100MW and $175m Susan River Solar Farm located between Hervey Bay and Maryborough in Queensland is commencing construction this month after being granted DA in 2016.

Susan River Solar Farm

Susan River Solar Farm
Susan River Solar Farm Mockup (source: http://susanriversolarfarm.com.au/)

The Susan River Solar Farm was granted DA (development approval) by the Fraser Coast Regional Council in December 2016 and is now commencing its construction, with roadworks already underway to ensure the infrastructure is set up correctly before building commences. The project is being developed by one of Australia’s biggest renewable energy developers – ESCO Pacific Pty Ltd. They currently have nine solar farms in various stages of completion – with three under construction (The Ross River Solar Farm, Childers Solar Farm, and Susan River Solar Farms) and six with planning secured. These six are in Rollingstone, Dino, Horsham, Koberinga, Moura, and Finley.

With regards to solar employment at the Susan River Solar Farm, Esco chief executive Steve Rademaker said the project will create up to 300 jobs during its inception and five to ten full-time jobs after the plant’s construction is complete. He went on to explain why the Fraser Coast location was ideal for their solar farm:

“Choosing a location came down to the suitable size identification and proximity to the electrical grid, among other factors,” Mr Rademaker said.

“The Fraser Coast ticked all these boxes. It’s a good location to build a project like this.”

According to the Fraser Coast Chronicle, the project will occupy 176 hectares and will involve the installation of 350,000 PV solar panels. 

Fraser Coast infrastructure councillor Denis Chapman called it a “jewel in the crown” of the Fraser Coast. 

The project doesn’t have a PPA (Purchase Power Agreement) signed yet, which means the farm will sell its output on the spot market once launched (unless they sign one first!).

The utility scale renewable energy project is expected to finish completion next year. 

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Finley solar farm sign contract with BlueScope Steel

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BlueScope Steel have signed the largest ever solar power purchasing deal by an industrial energy user in Australia today. They’ll buy around 200 gigawatt-hours of electricity a year – allowing ESCO to commence stage 1 of its 133MW Finley solar farm.

Finley Solar Farm and BlueScope Steel

The seven-year contract signed between the Finley Solar Farm (which will be manufactured by ESCO Pacific in the NSW Riverina area) and BlueScope Steel will represent 20% of BlueScope’s energy requirements. 

Finley Solar Farm and BlueScope Steel
Finley Solar Farm and BlueScope Steel (source: BlueScope.com)

John Nowlan, the head of Australian steel at BlueScope, said the contract will be a step in the right direction while they continue to support the National Energy Guarantee and rely less and less on non-renewable energy:

“(The contract) will help keep downward pressure on our energy costs, and will support the gradual transition to renewable energy,” Mr Nowlan told the Australian Financial Review.

“BlueScope supports Australia’s 2030 emissions target, including the government’s target to reduce electricity sector emissions by 26% on 2005 levels by 2030. By investing in solar energy, we are helping accelerate the decarbonisation of the electricity grid by reducing greenhouse gas emissions by around 300,000 tonnes of CO2e each year. This is comparable to taking 90,000 cars off the road and is enough to power 60,000 homes.” he continued.

This is another great step in the right direction for commercial solar – where we have seen industrial energy users such as Telstra, data centre operator Equinix and Mars Australia sign deals directly with renewable developers. These are known as solar PPAs (Purchase Power Agreements) and can save 20-50% on bills, depending on various factors such as usage and location.

“For any serious corporate off-taker or energy user a solar PPA is a good part of the energy mix,” said ESCO Pacific managing director Steve Rademaker.

“It’s not the only solution but it goes a long way to helping manage costs.”

This is more good news for solar power in resources – it’ll be great to watch companies like BlueScope move from 0%, to 20%, and hopefully eventually to 100% renewable energy. 

Construction on the Finley Solar Farm is set to commence around the end of September, with production scheduled for mid-2019.

If you’d like to read the press release from BlueScope please click here. 

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