Equis To Develop 1 GW PV In Queensland

Singapore Based IPP Equis Secures Approval To Set Up 1 GW Wandoan South Solar Project in Australia
06:53 AM (Beijing Time) - 08. August 2017

Key Takeaways

  • Equis Energy of Singapore has received official go ahead to develop 1 GW solar power plant in Queensland
  • Construction for Wandoan South Solar Project will start in 2018 with commercial operation date set for 2019
  • Investment is estimated to be around AU$1.5 billion ($1.19 billion) and will have battery energy storage provision as well
  • Once fully operational, it is supposed to generate 1.8 TWh of solar power per annum

Independent power producer (IPP) Equis Energy has secured approval to develop a 1,000 MW Solar Power Project in Queensland, Australia. The Wandoan South Solar Project (WSSP) is planned to cost around AU$1.5 billion ($1.19 billion).

The project design allows to add battery storage when commercially feasible so that solar power can also be used in the evening.

Equis estimates it will need 3 million PV panels. Construction on the site is planned to begin in 2018 with operations expected to start sometime in 2019. Once completely operational, the system is assumed to generate around 1,800,000 MWh or 1.8 TW of clean energy annually.

With this project, Equis now has approvals for 1,276 MW of total generation capacity in Australia, which equals an investment sum of around AU$1.9 billion ($1.51 billion).

Singapore based Equis operates primarily in the Asia Pacific region where it holds 4.4 GW portfolio across Australia, India, Indonesia, Japan, the Philippines, Taiwan and Thailand. In June 2017, it commissioned two solar PV plants in Telangana in India (see Singapore IPP Commissions 130 MW In India). In Australia alone, it has 2.8 GW of solar and wind power projects under construction and under development.

“As Asia‐Pacific’s largest renewable energy IPP, Equis is excited about leveraging its economies of scale in the growing Australian market to deliver low‐cost renewable energy,” said Equis Chairman David Russell. Adding, “Equis is committed to developing large‐scale solar generation in rural areas to provide employment opportunities and support economic growth in local communities.”

Queensland in Australia is preparing to launch a tender for 400 MW of renewable energy capacity in the second half of 2017 (see 400 MW RES Reverse Auction In Queensland).

 

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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