More South Australian businesses will have the opportunity to unlock value from solar power, as we bring two new solar projects into our portfolio. Flow Power has acquired the 3MW Streaky Bay Solar Farm and 4.95MW Coonalpyn Solar Farm from developer Tetris Energy.
You may have seen us make some big commitments to Australia’s renewable energy state in the last year, from opening our Adelaide office and expanding our team to announcing our partnership with the City of Adelaide last week.
The City of Adelaide is the first South Australian council to be powered by 100% renewable energy. It’s also the first organisation to source its solar power from Streaky Bay and Coonalpyn Solar Farms.
Streaky Bay Solar Farm, located on the Eyre Peninsula and Coonalpyn Solar Farm in the Coorong region are expected to employ up to 60 staff across both projects in peak construction stages, and should be operational by mid-2020.
Matthew van der Linden, CEO of Flow Power said, “The City of Adelaide will be the first customer powered by generation from both projects, as well as wind, to create a firmer renewable offtake and support the integration of this new generation into the system.”
These solar projects will be Flow Power’s first owned and operated renewable projects and will join Mannum Solar Farm and Clements Gap Wind Farm in our South Australian project portfolio.
Owning our own assets is the logical transition to help South Australian keep its lead as Australia’s renewable energy state.
We’re already supporting Australia’s renewable energy state’s investment in renewables. In 2019, we opened our Adelaide office and in February 2020 hired our first Adelaide based Account Manager.