The Beryl Solar Power Plant (Beryl) is located in Central West NSW, approximately 5 kilometres west of Gulgong. The Business has agreed to acquire the 108.4MW 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 agreement1. 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, equivalent to displacing more than 167,000 tonnes of CO2 per annum, powering 25,000 average NSW homes or removing 45,000 cars from the road2.
1 The TfNSW PPA represents approximately 69% of Beryl’s generation during the 15-year term.
2 Environmental Estimates provided by First Solar.