Carnegie Clean Energy have announced the development of a 10MW solar farm in Northam, east of Perth in Western Australia. This project will be the first of what is planned as a nationwide rollout. Carnegie’s wholly owned subsidiary ‘Energy Made Clean’ and Lendlease will work together on the project after inking a clean energy partnership in December 2016. The project is expected to cost between 15 and 20 million dollars, as per RenewEconomy. Funding has not yet been secured.
MD and CEO of Carnegie Clean Energy, Dr. Michael Ottaviano said “…ability to add utility scale battery storage is a new product offering we will integrate into our own solar farms and also to developers of utility scale solar farms as the technology costs continue to decline in the coming years.” The plant will include 34,000 solar panels over 25 hectares of land and will produce enough energy for 3,800 homes.
According to SBS construction will start later on this year and the farm will be operation by the end of 2017. On the back of this news, Carnegie Clean Energy Ltd (ASX:CCE) continue their strong performance on the ASX in 2017 – at close today (20.03.17) they are up 6.76% to 0.079.
Carnegie and the South Australian Energy Crisis
Carnegie have already been in the news this week as Dr. Ottaviano confirmed they were in talks with the SA Government over the spiralling energy crisis. Ottaviano said his talks with the government were in regards to developing a ‘…home grown, utility scale battery energy storage solution to the State of South Australia, and indeed to other State Governments across Australia’. Other local companies such as ZEN Energy and Lyon Solar Group have been linked to the project after Tesla’s boss Elon Musk advised his company could delivery the system within 100 days or it would be free.
Dr. Mike Ottaviano of Carnegie Clean Energy – credit: https://thewest.com.au