SmartestEnergy Australia has signed a long-term power purchase agreement (PPA) with Enel Green Power Australia.
SmartestEnergy is an independent renewable energy company, and Enel Green Power Australia is a developer and operator of high-quality renewable energy assets across Australia and owner of the Girgarre Solar Farm.
Under the agreement, SmartestEnergy Australia will acquire renewable energy from the 93MW Girgarre Solar Farm, located in the Shire of Campaspe, about 10km northwest of Stanhope and 50km west of Shepparton.
The Girgarre Solar Farm, representing a $140 million investment, is anticipated to produce around 200GWh/year, ultimately supplying power to approximately 43,000 Victorian households upon reaching full operational capacity.
According to SmartestEnergy, it is committed to empower, educate and enable businesses to make better, greener energy choices and transition to net zero.
“Through our partnership with Enel Green Power we’re not just signing another power agreement in Australia; together, we’re supporting the creation of green jobs locally and championing greener energy for generations. This isn’t just business; it’s a brighter, cleaner, net zero future we’re building for all,” Robert Owens, CEO of SmartestEnergy Australia said.
While Werther Esposito, CEO for Enel Green Power Australia said the company is pleased that construction activities for the project were underway.
“Through Enel Green Power’s Creating Shared Value approach, our team are focused on ensuring proactive engagement and benefit sharing for the local community throughout the project’s construction and operational phases,” Esposito said.
For more renewable and solar news, subscribe to ecogeneration.