none

STRATEGIC PARTNERSHIP AGREEMENT FOR SA SOLAR PROJECT

06-06-2019
by 
in 
Huang Ou, Shanghai Electric and Sanjeev Gupta, GFC Alliance

Simec Energy Australia, a member of the GFG Alliance, has signed a key strategic partnership with Shanghai Electric for engineering, procurement and construction for its Cultana solar farm project near Whyalla, South Australia. The agreement was signed by GFG Alliance Executive Chairman and CEO Sanjeev Gupta and Shanghai Electric President Huang Ou, in the presence of representatives from key supporting financial institutions.

Cultana is the first project in Simec’s $1 billion, 1GW dispatchable renewable energy program in South Australia. With a capacity of 280MW, Cultana is planned to be one of Australia’s largest solar farms and is expected to produce around 600GWh of energy per year, powering GFG’s Whyalla steelworks and a range of key government and commercial customers.

It will deliver a range of benefits to the local community, increasing the reliability and security of the state’s electricity supply, boosting local employment with about 350 positions during construction, and providing environmental benefits.

“Cultana Solar Farm is an ambitious project that will deliver globally‐competitive renewable energy on a large scale to power‐heavy industry,” Gupta says. “It is a great step forward in our vision to revitalise industry and we look forward to working with our partners to bring our renewables projects to life.”

GFG previously announced its ambition to invest in up to 10GW of large‐scale solar and other renewable energy projects across Australia, supporting industry.

Shanghai Electric, whose global expertise includes the completion of the world’s largest concentrated solar power project in Dubai, will provide engineering, procurement and construction for the project.

“We are fortunate and grateful to have the global expertise of Shanghai Electric,” Gupta says. “Shanghai Electric have embodied the best form of partnership, working hand in glove with our people in Whyalla to develop the project. We are confident of their performance, to deliver this project on time, and on budget, to the highest standards, supporting our commitment to the creation of hundreds of new local jobs in South Australia.”

The project will play a key role in the development of the 10Mt/year Whyalla Next‐Gen steel plant project and industry revitalisation strategy championed by GFG.

“Our planned Next‐Gen project will ignite a new industrial revolution in Australia,” Gupta says. “These projects are shining examples of GFG’s commitment to create a sustainable future for industry and build stronger local communities.”

Simec Energy Australia
0411 054 643

simecenergy.com.au

Related news & editorials

  1. 29.07.2021
    29.07.2021
    by      In
    Epson and subsidiary Epson X Investment Corporation are together investing in SiLC Technologies, a start-up developing on-chip LiDAR (Light Detection and Ranging) modules to measure distance to surrounding objects and their speed.
    The investment is occurring via the EP-GB Investment Limited... Read More
  2. 27.07.2021
    27.07.2021
    by      In
    The past weekend saw the launch of a new campaign from Bapcor, Asia Pacific’s leading provider of vehicle parts, accessories, equipment and service. The campaign, called The unseen parts of every Australian journey, focuses on the role the firm plays in the lives of ordinary Australians.
    Coinciding... Read More
  3. 27.07.2021
    27.07.2021
    by      In
    Entries are closing soon for the Premier’s Sustainability Awards 2021, Victoria’s annual sustainability awards program.
    With less than a week to apply, the awards recognise and celebrate individuals, organisations and communities that are contributing to Victoria’s long term sustainability efforts... Read More
  4. 27.07.2021
    27.07.2021
    by      In
    Whereas the world’s first industrial robot was brought to life in 1962, it wasn’t until 2008 that the first collaborative robot (cobot) made its way onto the scene. As the name suggests, a cobot is a robot that is intended for direct human-robot interaction within a shared space. These robots are... Read More
Products
Suppliers