BayWa r.e.’s first Australian solar plant sold to Lighthouse Infrastructure

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The project will be Lighthouse Infrastructure’s second utility-scale Solar PV investment. Credit: Lighthouse

Renewable energy developer, BayWa r.e, has sold its first Australian solar project, a 20MW utility-scale plant still under construction, to infrastructure investment company Lighthouse Infrastructure.

The project is based in Hughenden, Queensland. BayWa r.e. Solar managing director, Daniel Gäfke, said that Australia's high levels of sunlight make it an ideal market for solar.

The project has been funded via a 13-year power purchase agreement (PPA) with what Lighthouse Infrastructure describes as “one of the leading Australian energy retailers”.

The project will be Lighthouse Infrastructure’s second utility-scale Solar PV investment.

BayWa AG board member, Matthias Taft, said the firm shares a goal with Lighthouse to increase solar energy in Australia.

He added: “We will continue to operate and manage the Hughenden plant following completion”.

The plant is expected to be fully operational by the end of October 2017.

Baywa r.e. is also investing in another three large-scale projects with a combined capacity of 280MW in Northern Victoria and Queensland, which will start producing electricity by the end of next year.

Read Next

May 11, 2021
The clean energy council has slammed the Australian government’s latest federal budget as “disappointing” for not placing more onus on expanding the country’s renewable energy capacity.
May 11, 2021
Europe’s solar technology specialists may need up to €7 billion (US$8.51 billion) in capital investment in order to scale up domestic manufacturing to be globally competitive, according to a panel of industry leaders.
May 7, 2021
German agriculture group BayWa has said its renewables business saw an “unusually strong” start to the year, driven by high demand for solar modules and the sale of a PV plant in Japan.
May 6, 2021
Norwegian energy company Equinor has secured a 1.6GW solar project pipeline in Poland by acquiring local renewables developer Wento.
May 5, 2021
The Australian Renewable Energy Agency (ARENA) has selected three commercial-scale green hydrogen projects that will share in AU$103 million (US$79.7 million) of funding to support their development.
May 4, 2021
Canada-based renewables company Amp Energy will a develop portfolio of large-scale PV projects and battery energy storage systems as part of an AU$2 billion (US$1.55 billion) hub in South Australia.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021