First Solar, Inc. (Tempe, AZ, U.S.) on February 13th,
2017 announced that Genex Power Limited (Sydney, Australia) has
achieved financial close for the Kidston phase one solar project in
Queensland, Australia.
First Solar will supply 63 MW of advanced
thin-film photovoltaic (PV) modules to the project which will produce
approximately 145,000 megawatt-hours of solar power in its first year of
operation.
Solar PV combined with a pumped hydroelectricity energy storage system
The project is located next to the proposed Kidston
pumped storage project and in an industry first, Genex Power will seek
to integrate solar PV generation with a pumped hydroelectricity energy
storage system.
Situated 270 kilometers north-west of Townsville in
far north Queensland, the first phase of the project will use more than
540,000 First Solar thin-film PV modules.
The electricity from the Kidston Phase One Solar
Project will be sold via a Power Purchase Agreement (PPA) supported by
the Queensland Government. The project is also supported by
USD 8.9 million of Commonwealth Government funding through the
Australian Renewable Energy Agency.
Construction of the project will be managed by UGL
Engineering Pty Ltd. and is on schedule to commence in the first half of
2017.
“As Australia continues to diversify its renewable
energy portfolio, this project is an excellent example of the potential
of large-scale solar application and industry best practice,” said Ewan
Norton-Smith, First Solar’s Senior Manager for Business Development in
Australia.
“The combination of solar energy with pumped-storage
hydroelectricity will allow for increasing penetration of renewable
energy into the grid and will contribute to the stability of supply in
the National Electricity Market.”
source:http://www.solarserver.com/
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