Ross River Solar Farm, Queensland, Australia

Last Modified: Sat May 12 2018 08:29:18 GMT+0530 (India Standard Time)
  • 148 MW
    planned installed capacity of the Ross River Solar Farm located south-west of Townsville, Queensland.
  • ? GWh
    proposed to be generated per year.
  • 65,000
    approximate number of households that can be powered by the farm each year.
  • ? tonnes
    estimated reduction in CO2 emissions each year, once the farm is operational.
  • 200
    hectares of a disused mango plantation land on which the farm will be sited. Townsville was chosen because of the high solar irradiance in the region, and its average 320 days of sunshine annually. The site offers proximity to the grid connection point at the Ross Bulk Supply Substation as well as suitable flat land free from environmental constraints.
  • 450,000
    solar panels will be used. Array Technologies DuraTrack HZ v3 will be used as the tracking system.
  • 3
    major organisations involved: Project Developer: ESCO Pacific, EPC and O&M: Downer EDI. Distribution: EnergyAustralia.
  • $225 million
    estimated project cost.
  • $20 million
    investment will be made by the Clean Energy Finance Corporation (CEFC). The investment is the CEFC's first equity stake in a solar farm, sending an important signal to institutional investors about the commercial potential of greenfield clean energy developments.
  • 225
    peak jobs during construction phase.
  • ?
    jobs during operational phase.
  • Q1 2017
    likely start of construction. The project will become fully operational within 12 months.
  • Jun 2016
    ESCO Pacific secured development approval for the solar farm from Townsville City Council.
  • Feb 2017
    13 year PPA secured with EnergyAustralia
  • Feb 2017
    Palisade Investment Partners (Palisade) acquired a 50% equity interest in the project from ESCO Pacific, and both parties are now finalising project development and progressing towards financial close.
  • 01 May 2017
    Project achieves financial close with Palisade arranging senior debt for the project from Australia and New Zealand Banking Group, The Bank of Tokyo-Mitsubishi UFJ and Westpac Banking Corporation.
  • 01 May 2017
    Downer EDI awarded Engineering, Procurement and Construction (EPC) and Operations and Maintenance (O&M) contract valued at approximately $200 million by Palisade and ESCO. Construction is expected to take 12 months.
  • 18 Sep 2017
    Initial site preparation works are underway with actual construction to follow soon. According to Project Director, Lyndon Frearson, priority tasks before construction commences are the creation of a new site road entry, installation of perimeter fencing and set up of a site office and facilities for the construction team.
  • Feb 2018
    Palisade Investment Partners now owns 100% of project after acquiring ESCO Pacific's remaining 50% stake.