PHOTON (PEN): Photon Energy announces the development of a 166 MWp solar plant in Australia. - raport 26
Photon Energy NV has announced details on a further large-scale solar power plant under development in Australia. The 166 MWp (144 MW AC) project in Carrick, New South Wales (NSW), is part of the previously announced 1 GWp development pipeline, for which Photon Energy has mandated advisory firm Pottinger to advise on the raising of development capital. The project is being co-developed with a local joint venture partner.
Through its 51%-owned project company Photon Energy AUS SPV 6 Pty Ltd. the company has secured options on approximately 200 ha of land and is progressing with the New South Wales government State Significant Development process. Photon Energy has also completed a Connection investigation Services Agreement (CISA) with Essential energy, a NSW Government-owned electricity operator, for the design of a substation for approximately 144 MW AC (166 MWp) to be constructed on the property.
Photon Energy expects to complete the project development process to the ready-to-build stage and to commence construction in 2019. Once connected, the Carrick project is estimated to produce 267 GWh of clean energy each year, contributing significantly to Australia’s Renewable Energy Target.
The Company’s project pipeline in Australia is attached to this report.
Legal basis: § 5 ust. 1 point no.2 of the Appendix 3 to Regulations of the Alternative Trading System -"Current and Periodic Information in the Alternative Trading System".
Osoby reprezentujące spółkę:
Georg Hotar - Director
Michael Gartner - Director
