The Manildra Solar Power Plant (Manildra) is located in Central West NSW, approximately 45 kilometres west of Orange. The Business has agreed to acquire the 55.9MWDC 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.
Manildra has been operating since April 2018. Once full commercial operation is achieved, the plant will sell power and Large Scale Generation Certificates to EnergyAustralia under a 10 year power purchase agreement (PPA) with an option to extend out to 20301. EnergyAustralia is one of Australia’s largest electricity retailers servicing over 1.7 million customers.
1. Both NEW and EnergyAustralia will have unilateral options to extend the PPA to December 2030.