Stanwell, Genex ink 15-year PPA for 775MW solar PV project in Queensland, Australia

Facebook
Twitter
LinkedIn
Reddit
Email
Genex’s 50MW Kidston Solar Project in Queensland. Image: Genex Power.

State-owned energy company Stanwell has inked a 15-year power purchase agreement (PPA) to secure renewable energy derived from 775MW of solar PV owned by Genex Power in Queensland, Australia.

The agreement encompasses the Bulli Creek Stage 1 Solar Farm, which has a generation capacity of 775MW. It is being co-developed by Genex and J-POWER, who recently acquired Genex. Once in operation, the companies claim, it will become the largest grid-connected solar farm in Australia.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Under the terms of the PPA, Stanwell will purchase up to 550MW from Bulli Creek Stage 1 Solar Farm, situated in southern Queensland, to the west of Brisbane. This is the first phase of a multi-stage development at the Bulli Creek Clean Energy Park that will include up to 2GW of solar and large-scale battery storage

Stage one of Bulli Creek will see around 775MW of solar PV installed at the site. In the project’s second phase, a 400MW/1600MWh BESS will be constructed.

Craig Francis, CEO of Genex Power, said the new PPA will help propel the project towards its final investment decision, expected later this year. Construction is set to commence in early 2025.

“The 15-year offtake agreement at Bulli Creek will enable Genex to progress the project swiftly toward a final investment decision later this year, delivering 775MW of new renewable energy capacity in Queensland from 2027,” Francis said.

Michael O’Rourke, CEO of Stanwell, added that the PPA will help the company achieve its decarbonisation target to reach up to 10GW of renewable energy generation by 2025.

Stanwell signs five-year contract for Kidston Solar Farm

Alongside the PPA arrangement Stanwell Asset Maintenance Company (SAMCo), a subdivision of Stanwell, penned a five-year contract to deliver operations and maintenance (O&M) services for Genex’s 50MW Kidston Solar Farm.

Stanwell launched SAMCo in November 2023 to provide operations and maintenance services to renewable energy projects throughout Queensland, creating new training and job opportunities for its workforce. The agreement will establish four permanent roles at the site, supported by a travelling service technician team.

Based in Far-North Queensland, the 50MW Kidston Solar Project features 540,000 solar modules operating on a single-axis tracking system and has an anticipated project life of 30 years. The first energisation occurred for the project in November 2017, and cadmium telluride thin-film solar module manufacturer First Solar provided the solar modules.

Commenting on this agreement, O’Rourke said: “SAMCo’s contract also locks in additional jobs in the renewable sector and showcases our ability to leverage our highly skilled workforce and experience to optimise the performance of renewable energy assets like those at Kidston Solar Farm.” 

Read Next

June 10, 2025
Australia’s Queensland government has confirmed an AU$2.4 billion investment in the CopperString transmission project, aiming to extend the National Electricity Market (NEM) to the North West Minerals Province.
June 9, 2025
Sonnedix has signed a power purchase agreement (PPA) with Renfe to supply 420GWh of renewable energy annually for its commercial operations.
June 9, 2025
Growing political headwinds threaten to dent US solar manufacturing and project deployment, despite a strong start to 2025.
June 6, 2025
Australia’s Solar Energy Industries Association (SEIA) has called on Australia’s climate change and energy minister, Chris Bowen, to “urgently intervene” on a rule change that could threaten to derail the uptake of rooftop solar PV.
June 6, 2025
ElectraNet has revealed that renewables supplied 100% of South Australia's electricity demand for 27% of 2024, roughly 99 days.
June 5, 2025
Policy uncertainty in the US is likely to disrupt investment in clean energy, according to a recent report from Crux.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 17, 2025
Napa, USA
Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
September 16, 2025
Athens, Greece