Australia, Renewables

Equinix inks 151MW renewable deal

Equinix has signed a notable power purchase agreement of 151 megawatts (MW) in Australia with clean energy enterprise TagEnergy.

The agreement, facilitated by EY and Energetics, marks Equinix’s first long-term renewable energy deal in the Asia-Pacific region, which is part of its strategy to reach a global 100 per cent renewable energy target.

The Golden Plains Wind Farm, a $3 billion project, is expected to fulfil around 20 per cent of Equinix’s energy needs.

Managing Director of Equinix Australia Guy Danskine emphasised the significance of the deal.

“It underscores our longstanding commitment to actively and meaningfully achieve Equinix’s global sustainability targets to drive positive change and foster a more sustainable future for data centres,” Danskine said.

“Equally as important, we are helping our customers and partners in Australia meet their sustainability goals for their deployments in our IBX data centres across the country.”

The Golden Plains Wind Farm, owned by TagEnergy (85 per cent) and Ingka Investments (per cent), began construction in Q1 2023 and is slated to become Australia’s largest wind farm by 2029.

According to Equinix, upon the completion of both phases of the 1330 MW project, the Golden Plains Wind Farm will generate over 4000 GWh of green energy annually, sufficient to power every home in regional Victoria – exceeding 765,000 homes

Andrew Riggs, TagEnergy Managing Partner, Australia said TagEnergy welcomes the signing of this significant PPA with Equinix for 20 per cent of the clean energy generated by Golden Plains Wind Farm – East.

“This is the second PPA for stage one of our mega-project after Snowy Hydro purchased 40 per cent of the energy and green certificates (LGCs) for stage one taking total contracted volume to 60per cent. We look forward to delivering clean energy to support Equinix to achieve its renewables targets as we work to accelerate the energy transition,” Riggs said.

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