AGL to proceed with Australia's largest solar projects

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AGL Energy
31 July 2013

Today AGL announced that two large scale solar PV projects with a combined 155MW capacity are set to proceed following the financial close with respect to funding agreements with the Commonwealth and NSW Governments.

The projects will include a 102MW solar plant at Nyngan and a 53MW solar plant at Broken Hill. The total project cost is approximately $450 million. To support AGL’s delivery of the projects, the Commonwealth funded Australian Renewable Energy Agency (ARENA) will provide $166.7 million and the NSW Government will provide $64.9 million.

On an annual basis the projects will produce approximately 360,000 MWh of electricity, which will be sufficient to meet the needs of over 50,000 average NSW homes.

AGL's media release can be viewed here. More information about the projects can be found on the AGL Energy website.