Greece-based industrial conglomerate, Mytilineos, and SmartestEnergy Australia have signed a long-term Power Purchase Agreement (PPA) for the 40MW Kingaroy Solar Farm in Queensland.
According to Amna.gr, Mytilineos own Kingaroy Solar Farm and currently have a portfolio in Australia that stands at 376MW, with the solar farm at 237 MWp of the total portfolio.
The PPA agreement will provide SmartestEnergy Australia with renewable energy from the solar farm to retail to its C&I customer base in Australia.
The Australian company is known for reliable, clean energy and are the leading experts to a 100 percent renewable energy system in Australia, the United Kingdom and the United States.
The Queensland-based solar farm is in its final stages of construction by Mytilineos and will begin operations in late 2023.