West Wyalong solar farm to supply renewable energy to bp
Published by Bella Weetch,
Editorial Assistant
Energy Global,
Lightsource bp has announced that through a power purchase agreement (PPA) with Snowy Hydro, its West Wyalong solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales, Australia.
This milestone is the result of a PPA with Snowy Hydro, which owns, operates and maintains the Snowy Scheme and is the fourth largest energy retailer in the Australian National Electricity Market, given the strong growth of its retailer Red Energy in New South Wales in recent years.
The PPA will enable the construction of a 107 MWdc solar farm in West Wyalong, New South Wales. Snowy Hydro will purchase two-thirds of the 238 000 MWh generated annually from the solar farm through a 15-year PPA. Under this arrangement Snowy Hydro will in turn supply 23 000 MWh of renewable energy annually – through Red Energy – to bp for 10 years, in order to meet the power requirements of all its service stations throughout the state of New South Wales.
New South Wales residents can expect the 88 bp service stations to be powered by 100% renewables from January 2023. Lightsource bp has secured a contract with an EPC company and is now working to bring the project portfolio to financial close.
Adam Pegg, Country Manager, Lightsource bp – Australia, said: “We are delighted to be able to leverage our existing relationship with Snowy Hydro on our solar farm in Wellington, to sign this PPA with our West Wyalong project. Being able to facilitate powering bp’s service stations in New South Wales with renewable electricity from our West Wyalong solar farm is an achievement which demonstrates our commitment to provide sustainable and affordable energy to our communities.”
For more news and technical articles from the global renewable industry read our latest issue of Energy Global magazine.
Energy Global’s Winter 2020 issue
The Winter issue of Energy Global provides a range of technical articles covering technological advancements and future outlooks in the renewables sector, from companies including CorPower Ocean, Rystad Energy, Black & Veatch, Voltalia, FUERGY, and more.
Read the article online at: https://www.energyglobal.com/special-reports/10032021/west-wyalong-solar-farm-to-supply-renewable-energy-to-bp/
You might also like
Lightsource bp achieves financing for solar project
Eurobank A.E. and the Greek Public State have entered into a financing agreement with Enipeas Single-Member S.A., a subsidiary of Lightsource bp, for the Enipeas solar project.