ACEN's unit in Australia has closed a power purchase agreement (PPA) with SmartestEnergy for the first development phase of New England Solar, a 720MW solar power project in New South Wales, Australia.
The fist installation phase of the project features a total capacity of 400MW. The PPA with SmartestEnergy will last eight years, offering 25% of New England Solar 1's output.
Phase 1 of New England Solar was launched in March 2023. Construction is currently ongoing for phase 2, which will cover the remaining 320MW as well as a 200MW/400MWh battery energy storage system (BESS).
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