European Energy Australia has secured a landmark PPA with Rio Tinto for Australia’s largest solar farm, the 1.3 GW Upper Calliope Solar Farm in Queensland. Rio Tinto commits to a 25-year purchase of all generated electricity, marking Australia’s largest solar corporate PPA. The project, developed in partnership, will span 2,700 hectares, commence construction in 2025-26, and contribute 5% of Queensland’s electricity. The economic impact includes support for 1,000 existing jobs, creation of up to 1,000 new jobs during construction, and 100 jobs during operation.
European Energy Australia inks the country’s largest solar farm deal
Upper Calliope Solar Farm’s initiation awaits development and grid approvals, serving Rio Tinto’s push of halving 2030 carbon emissions. (Image Credit: European Energy).
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)