Local solar farm shortlisted for funding
The Member for the Dubbo electorate and Deputy Premier Troy Grant, today welcomed the announcement that a local solar farm project has been shortlisted for potentially millions of dollars in funding under the Australian Renewable Energy Agency (ARENA) $100 million Competitive Funding Round for large-scale solar.
“The proposed investment will put the Dubbo electorate on the map as playing an important role in delivering the State’s energy security,” Mr Grant said.
“Once this solar farm project is up and running, it will support significant investment in the region and provide crucial jobs in the local community”.
The Dubbo Solar Hub (to be operated by Neoen Australian Pty Ltd) and the other shortlisted projects have until 15 June 2016 to make a full application to ARENA for funding, with a maximum of $30 million available per project.
“NSW leads the nation for large-scale solar and the State’s regional areas stand to gain the most from these developments with six of the solar projects located in the Central West, one in the South East and another in New England”, Mr Grant said.
The eight shortlisted projects have a total capacity of 242 megawatts (which is enough electricity to power about 85,000 NSW homes) and are worth an estimated $500 million in investment for the State.
Already, NSW has Australia’s largest solar plant in Nyngan (102 megawatts which can power 33,000 homes) as well as two other solar farms in Broken Hill and Moree. The NSW Government has contributed $64.9 million towards these solar flagship projects.
“The knowledge and expertise gained from these leading projects has put NSW in prime position for future large scale solar installations.
“Under the State’s Renewable Energy Action Plan, the NSW Government will continue to work with and encourage solar companies looking to invest in NSW,” said Mr Grant.