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$34.9m for Five Large Scale NSW Solar Projects

Minister for Industry, Resources and Energy, Anthony Roberts, today welcomed the announcement of financial support for five new solar installations with a total capacity of 162.3 megawatts (MW) in regional NSW.

The Australian Renewable Energy Agency (ARENA) today announced that five NSW projects have been successful in securing $34.9 million under its $100 million Competitive Funding Round for large-scale solar.

Mr Roberts said the ARENA-funded projects will support up to 800 jobs during construction and, when fully operational, will provide enough clean electricity to power around 62,000 homes or 2,800 schools.

“NSW leads Australia in large-scale solar and over the past five years, the share of NSW-based solar generation has increased six-fold,” Mr Roberts said.

“The NSW Government provided $64.9 million to the Nyngan and Broken Hill solar plants under the Solar Flagships program. The Nyngan plant, the largest in Australia, can power more than 33,000 NSW households.

“Today’s announcement to provide funding for these new projects in Dubbo, Glen Innes, Griffith, Parkes and Manildra underscores the growing importance of the NSW solar industry and the role it will play in providing for the state’s future electricity needs. I thank ARENA for its continued investment in NSW.”

Environment Minister, Mark Speakman, said NSW was well-placed to attract jobs and investment in the state’s regions through renewable energy projects.

“We’re keen to attract new investment to make use of our exceptional renewable energy resources, world-leading research and development institutions, and proven experience in large scale solar projects,” Mr Speakman said.

“These five new solar facilities save about 350,000 tonnes of greenhouse gas emissions per year, the equivalent of taking 78,000 cars off the road. The projects also support the national Renewable Energy Target and our NSW Renewable Energy Action Plan."

NSW Renewable Energy Advocate, Amy Kean, said: “Our large-scale solar plants, which to date total 211 MW, provide NSW with knowledge and expertise that has seen NSW achieve word-leading break-throughs in solar efficiency, attract billions of private investment dollars and create thousands of jobs.

“Today’s announcement ensures NSW will continue to attract further investment in renewables and increase its share of the low-carbon energy market.”

NSW currently has around 1,000 MW (capacity) of large-scale solar projects in the planning system or with development approval.

These projects represent an estimated $2 billion of investment and up to 1,600 full-time jobs in construction and operation, with most of this to be injected into regional areas.

NSW PROJECTS TO RECEIVE ARENA FUNDING- September 2016

Source: NSW Government Media Release, Anthony Roberts Minister for Industry, Resources and Energy

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