Shoalhaven's Own Solar Farm!
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Repower Shoalhaven has entered into an arrangement with Flow Power to co-develop a 3MWac solar farm for the Shoalhaven. Flow Power is a substantial electricity retailer operating in Victoria and NSW focussing on renewable energy. The goal of the arrangement is for Repower Shoalhaven and Flow Power to have equal share in the ownership of a 3MWac solar farm located on Nowra Hill Road, off BTU Road, on land leased from Shoalhaven City Council.
Unlike previous Repower Shoalhaven solar projects, this will be a ‘front of the meter’ scheme, with solar power sold to businesses via power purchase agreements.
Flow Power are providing substantial support for the pre commitment works for this community-initiated scheme. Repower will undertake a capital raising to fund its portion of the solar farm following the verification of the financial viability of the project. This is anticipated to occur by May 2020. When the solar farm is operational, Flow Power will on-sell 100% the electricity generated.
The are a lot of tasks to work through to get the scheme to a 'shovel ready' stage. Repower Shoalhaven and Flow Power are working together the clear the many hurdles involved in setting up such a large scheme.
The community capital raising for the solar farm will proceed only after the project is fully demonstrated to be commercially viable.
If the project is demonstrated to be viable then we are currently planning for the scheme to be commissioned before the end of 2020.
If you require further information please contact Bob Hayward, convener of the Solar farm Sub- Committee email; bob.hayward@repower.net.au
Repower Shoalhaven has entered into an arrangement with Flow Power to co-develop a 3MWac solar farm for the Shoalhaven. Flow Power is a substantial electricity retailer operating in Victoria and NSW focussing on renewable energy. The goal of the arrangement is for Repower Shoalhaven and Flow Power to have equal share in the ownership of a 3MWac solar farm located on Nowra Hill Road, off BTU Road, on land leased from Shoalhaven City Council.
Unlike previous Repower Shoalhaven solar projects, this will be a ‘front of the meter’ scheme, with solar power sold to businesses via power purchase agreements.
Flow Power are providing substantial support for the pre commitment works for this community-initiated scheme. Repower will undertake a capital raising to fund its portion of the solar farm following the verification of the financial viability of the project. This is anticipated to occur by May 2020. When the solar farm is operational, Flow Power will on-sell 100% the electricity generated.
The are a lot of tasks to work through to get the scheme to a 'shovel ready' stage. Repower Shoalhaven and Flow Power are working together the clear the many hurdles involved in setting up such a large scheme.
The community capital raising for the solar farm will proceed only after the project is fully demonstrated to be commercially viable.
If the project is demonstrated to be viable then we are currently planning for the scheme to be commissioned before the end of 2020.
If you require further information please contact Bob Hayward, convener of the Solar farm Sub- Committee email; bob.hayward@repower.net.au
A second community briefing was held on Thursday 25th July to advise of the significant progress on the project . You can read more here about the briefing, or alternatively access the presentation here.