Project Stakeholders
Equity Sponsors
Total Eren is a leading French renewable energy Independent Power Producer (IPP) which develops, finances, invests, builds and operates wind, solar and hydro power plants globally. Total Eren is a subsidiary of EREN Groupe and was founded by Pâris Mouratoglou and David Corchia with over EUR 1 bil in equity. In less than 10 years, Total Eren has built-up a portfolio of over 3.5 GW of renewable energy capacity in operation or under construction across 5 continents.
The Clean Energy Finance Corporate (CEFC) has a unique role to increase investment in Australia’s transition to lower emissions. CEFC invests to lead the market, operating with commercial rigour to address some of Australia’s toughest emissions challenges – in agriculture, energy generation and storage, infrastructure, property, transport and waste. In investing $10 billion on behalf of the Australian Government, CEFC works to deliver a positive return for taxpayers across the CEFC portfolio.
Senior Lenders
PPA Offtakers
Clean energy electricity generated by Stage 1 of Kiamal Solar Farm will be sold into the National Electricity Market (NEM) with long-term electricity and Large-scale Generation Certificates (LGCs) purchase agreements signed with the following partners:
- Mars Australia
- Alinta Energy
- FlowPower
- Zero Emissions Water
Technology
Stage 1 of Kiamal Solar Farm consists of:
- Nearly 714,000 mono-facial, Poly-PERC PV modules supplied by Canadian Solar;
- Over 4,000 bifacial PV modules supplied by Canadian Solar;
- 46 power conversion units supplied by Ingeteam; and
- Nearly 8,000 single-axis trackers.
Environmental Benefits
Stage 1 of Kiamal Solar Farm is expected to generate over 500 GWh of clean energy annually which will be sufficient to meet the energy demand of more than 130,000 Victorian households and displacing 600,000 tonnes of CO2 emissions a year.
The construction phase of the Stage 1 of Kiamal Solar Farm, Kiamal Terminal Station and Kiamal Synchronous Condenser has benefited the local and wider Australian economy by providing employment opportunities to more than 300 people across an 18-month period and over 10 full-time employees during the operational phase.