The Beryl Solar Power Plant (Beryl) is located in Central West NSW, approximately five kilometres west of Gulgong. The Business has agreed to acquire the 108.4MWDC project from First Solar FE Holdings Pte Ltd (First Solar) – a global leader in the development of large scale solar projects and manufacturer of solar modules.
Beryl is currently under construction and is expected to reach commercial operations in mid-2019. Once full commercial operation is achieved, the plant will sell 134,000MWh of electricity per annum to Transport for NSW (TfNSW) under a 15-year power purchase agreement (PPA)1. TfNSW will use electricity produced by Beryl to meet the operational electricity needs of the Sydney Metro Northwest railway.
Beryl is expected to generate more than 199,000MWh of electricity during its first operating year.
1 The TfNSW PPA represents approximately 69% of Beryl’s generation during the 15-year term.