European Energy turns sod on 56-MW solar park in Australia – Renewables Now

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Danish renewables developer European Energy A/S said today it has kicked off the construction of its first project in Australia, set to create a 56-MW solar park in the state of Victoria.

To be located in Victoria’s Hume region, the Mokoan photovoltaic (PV) farm will be equipped with bifacial panels that are expected to produce green power to supply more than 15,000 homes annually. It will span across a 94-hectare site that is mostly used for grazing. The plant’s commissioning is due to take place next year.

The Mokoan project was originally granted development approval at end-2018. The plan was later expanded and cleared by the state government in the summer of 2020. Funds for its execution were obtained through a debt deal with NORD/LB.

“We see this as the start of many projects by European Energy in the country. We are eager to leverage our capability in renewable energy development, EPC, financing and operating to contribute to meeting Australia’s renewable energy targets,” said Catriona McLeod, Country Manager for European Energy in Australia.

European Energy presently has more than 5 GW of projects in “active development” in Australia and a further 3 GW in screening, aimed to be realised in the coming years.

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