Moree Solar: construction begins at ground-breaking 70MW PV plant

Work is underway on what will be one of Australia’s largest solar projects to date, the 70 megawatt solar PV farm in the northern NSW town of Moree.

Ground was broken at the site on Thursday morning by the project’s Spain-based developers Fotowatio Renewable Ventures (FRV) along with engineering and construction team Green Light Contractors.

After a shaky past few months – including the shock, eleventh-hour withdrawal from the project by Australian partner Pacific Hydro, due to “ongoing political and market uncertainty” – the project, which is a scaled down version of a project from the ill-fated Solar Flagships program, secured financial closure in August.

The $164 million project has been partially funded by two institutions that the Abbott government has tried to close down – the Clean Energy Finance Corporation ($60m) and the Australian Renewable Energy Agency ($100 million).

Despite being scaled down, Moree Solar Farm will be unique in Australia as the first example of single-axis tracking technology deployed on such a large scale.Moree_Solar_Farm_birds_eye_view_illustration_400

The project will use the mechanical tracking devices to move its solar panels with the sun to increase their exposure and power output each day.

Once completed, it will produce enough electricity to power the equivalent of nearly 15,000 NSW homes and abate nearly 95,000 tonnes of carbon pollution each year.

FRV Australian manager, Andrea Fontana, said the company was indebted to those who had contributed to bringing the project to to fruition – an achievement she said would not have been possible without the Renewable Energy Target.

“This target is currently under review, and we are very hopeful that it will be kept substantially unchanged in order not deter the success of this project.”

ARENA CEO Ivor Frischknecht, who attended the occasion on Thursday, said it marked the fruition of many years of dedication and hard work.

“This project is a great example of what can be achieved when a local community, industry and all levels of government work together,” Frischknecht said.

“It stands to advance solar technology and contribute to the energy mix of tomorrow,” he said.

“The knowledge gained through the construction and operation of these power stations will help overcome first-mover disadvantage and allow large scale solar play a greater role in Australia’s electricity markets.”

Comments

3 responses to “Moree Solar: construction begins at ground-breaking 70MW PV plant”

  1. Steve Jordan Avatar
    Steve Jordan

    Congratulations to all who have managed to get this project to such a significant milestone. May it speed through to completion from here!

  2. William Avatar
    William

    The $164 million project has been partially funded by two institutions – the Clean Energy Finance Corporation ($60m) and the Australian Renewable Energy Agency ($100 million).

    If these two fine Australian institutions have financed $160M of the $164M project cost do they ‘own the asset’ and thus capture and retain the large profit streams generated from this asset over the next decades?

    What equity does Spanish group FRV have invested in this project?

    1. Robert Johnston Avatar
      Robert Johnston

      The numbers in this article appear incorrect, CEFC announced up to $60m and the project information elsewhere describes a CEFC loan of $47m on commercial terms – so I guess the developer is putting in about $63m of which $47m is a loan they have to pay back and the rest is cash. Good on them for investing when others can’t or wont and our retail electricity suppliers and coal generators are doing their best to prevent it.

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