French company Neoen said in a statement that its Coleambally Solar Farm in New South Wales has 567,800 Solar photovoltaic panels and can generate more than 390,000 megawatts of renewable energy per year.
That’s enough to power 65,000 homes in New South Wales, Neoen says. Photovoltaic refers to the direct conversion of sunlight into electricity.
The Coleambally development is located on 550 hectares in the state’s Riverina region.
It has a 12-year power purchase agreement with energy retailer EnergyAustralia. Under the terms of the agreement, EnergyAustralia will use 70 per cent of the facility’s production, with the remainder sold directly to the market.
“Coleambally Solar Farm is an example of a project that supports modern energy systems in Australia,” Franck Woitiez, Managing Director of Neoen Australia, said in a statement.
According to the Australian Renewable Energy Agency (ARENA), Australia has plenty of sunshine and large-scale solar electricity is “expanding rapidly”. ARENA added that more than 2 million Australian homes have solar systems on their roofs.
More and more Photovoltaic solar power are in commercial operation. Lingtech solar power will continuely to set up more solar power stations in Australian.