ACEN commits $800 M for 600 MW solar and storage project
Australia: Clean energy company ACEN Corporation has committed up to $800 M to build the 400 MW Stubbo Solar Farm near Dubbo in the New South Wales.
Image source: PV Magazine
Australia: Clean energy company ACEN Corporation has committed up to $800 M to build the 400 MW Stubbo Solar Farm near Dubbo in the New South Wales.
ACEN, a subsidiary of Philippines-based Ayala Corporation, said it has already authorised its Australian subsidiary to enter into PV module supply agreements for the Stubbo Solar Farm with construction expected to commence later this year.
The project, which was granted development consent by the Australian government’s Department of Planning and Environment in 2021, will comprise an estimated 800,000 solar modules mounted on single-axis trackers spread across a 1,250-ha site about 10 km north of Gulgong, approximately 115 km east of Dubbo.
The facility, which will be located within the planned Central-West Orana Renewable Energy Zone, will connect to the National Electricity Market (NEM) via TransGrid’s 330 kV Wellington to Wollar transmission line which transects the project site.
When complete, the Stubbo Solar Farm will generate more than one million MWh of solar energy, enough to power more than 150,000 homes and helping to reduce carbon emissions by at least 600,000 T per annum.
Source: PV Magazine
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