News
Shoalhaven Solar Farm To Support Even More Renewables
Article written by Michael Bloch and originally published on solarquotes.com.au
Upfront rental income paid to Shoalhaven City Council for the site of a solar farm has been earmarked to support new renewable and energy efficiency projects.
Shoalhaven Solar Farm is currently under construction in South Nowra, New South Wales. The 3MW(ac) project has been made possible through a partnership between community group Repower Shoalhaven, Flow Power and Council. While Flow Power is stumping up most of the cash for the development, there is also a community ownership aspect that kicked off last month.
In July, Council received a prepayment of $216,000 on the commercial lease for the site for the period 1 June 2021 – 30 April 2051. While $7.2K/annum over the term of the lease isn’t a huge amount, it is significant as a lump sum. Flow Power is also paying for an animal shelter adjacent to the site to have a 16 kW solar power system installed. A system of that size could be expected to generate around 22,440 kWh annually.
The Repower project team recommended to Council that the solar farm lease revenue and savings from the animal shelter installation be routed into Council’s Revolving Energy Fund (REFund).