The 150MW (AC) Coleambally Solar Farm, in southern NSW, is generating and exporting energy to the grid. It is expected to provide enough electricity to power more than 50,000 households.
The project joins Neoen Australia’s growing stable of solar generators, which also includes the Dubbo, Griffith and Parkes projects in regional NSW.
Coleambally Solar Farm is 5km north east of Coleambally and 70km south of Griffith. It consists of about 560,000 solar panels on 550 hectares and is expected to abate around 300,000 tonnes of carbon emissions annually.
Energy Australia is contracted to take 70 per cent of the Coleambally Solar Farm’s projected output.
The CEFC is investing $30 million in non-concessional senior debt finance as part of a debt financing facility.