Equis expands into Australia with 200MW of solar projects

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
The Tailem Bend solar project and Collinsville North solar project will be two of Australia’s lowest cost solar generation projects, at around 40% cheaper than current market rates. Source: Flickr/FreeAussieStock

Equis Energy, one of Asia’s largest independent renewable energy developers, has expanded into the Australian PV market with two large-scale projects totalling 200MW.

The plants will be in South Australia and Queensland respectively.

The 100MW South Australia project will be located near Tailem Bend. Equis has signed a PPA with Snowy Hydro Limited, a leading integrated energy business, to purchase 100% of the power produced for at least 22 years. It will be built alongside Snowy Hydro’s existing 28.8MW diesel-fired power station. The solar project is expected to be one of the lowest cost solar projects on the continent; at around 40% less than current market prices. Construction of the project is expected to commence early this year.

“As Asia’s largest renewable energy developer and investor, the Tailem Bend Solar Project represents an exciting expansion into Australia for Equis and an unique opportunity to leverage our development and construction expertise to deliver low cost, large-scale, reliable renewable energy for Australian consumers,” said David Russell, Equis Group CEO.

“By developing the Tailem Bend Solar Project and Snowy Hydro diesel projects together, the combined system will have the capability of providing stable power any time of the day across the entire year. In addition, the Tailem Bend Solar Project has been developed to facilitate large scale battery storage further enhancing the ‘base load’ like nature of the projects.”

The second large-scale project is located in Collinsville, Queesland and will also be 100MW. It is to be constructed on land close to the Collinsville North substation, with construction to commence this year also.

The two large-scale projects will together generate enough clean energy to power 63,165 Australian homes and employ more than 400 people during construction phase. In addition, cumulatively the plants will displace 397,400 tonnes of greenhouse gases (GHG).

Equis has also secured rights over an extra 2,000 hectares of land for an additional 1GW of solar PV to be constructed in the near term. 

Read Next

December 2, 2021
Acciona Energia has struck deals for multiple green hydrogen facilities, one with state-owned Australian energy company Stanwell Corporation and a joint venture with US company Plug Power Inc. to establish multiple production sites across Spain and Portugal
November 23, 2021
Renewables developers and O&M provider RES has appointed two new chief executives to lead on its growth plans.
November 2, 2021
Grid outages in Australia dented the performance of UK-based solar asset owner Foresight Solar Fund (FSFL) in the first nine months of the year.
November 1, 2021
The Government of New South Wales (NSW), Australia, has opened an online registration of interest process as it seeks bidders for the country’s latest Renewable Energy Zone (REZ) to enter the planning phase.
November 1, 2021
Australian energy company Global Energy Venture (GEV) is to develop a 2.8GW green hydrogen project on the Australian Tiwi Islands, with a planned generation capacity upwards of 100,000 tonnes per year.
October 26, 2021
The Australian government has today committed to reaching net zero emissions by 2050 but has not passed any legislation to support such a transition in a move described as “disappointing” and “unambitious” by the country’s Clean Energy Council.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
February 1, 2022
London, UK
Solar Media Events
February 23, 2022
London, UK
Solar Media Events
March 23, 2022
Austin, Texas, USA
Solar Media Events
March 29, 2022
Lisbon, Portugal