Telstra signs long-term agreement with Greek energy giant Mytilineos

·

Australia’s leading telecommunications and technology company Telstra has signed a long-term power purchase agreement (PPA) to source energy from a solar farm in Queensland being developed by Greek energy giant Mytilineos.

The estimated $150 million, 120 MW Munna Solar Farm is set to be built 40 kilometres away from the city of Gympie, according to PV Magazine.

Under this agreement, Telstra has revealed it will buy half of the energy generated by the solar farm, which will be built on a 255-hectare site.

mytilineos solar farm queensland
The Munna Solar Farm is estimated to cost $150 million. Photo: Mytilineos.

Mytilineos has already started pre-construction works on the solar farm. This will be Mytilineos’ ninth solar farm to be constructed in Australia.

Despite having no project completion date, the solar farm will connect to the national grid via the existing overhead power line infrastructure.

“We’ve supported more than $1.1 billion worth of renewable energy projects across Queensland, Victoria, and New South Wales as a way to reduce Australia’s reliance on non-renewable energy from fossil fuels,” Product and Technology Executive for Telstra Kim Krough Andersen said.

“Once these projects are fully up and running, our share of their renewable energy output will be equivalent to more than 80% of our consumption.”

Source: PV Magazine.

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Latest News

Echoes from the past: Bust of the Roman Emperor Hadrian

No other Roman emperor was so influenced by Greek culture, and in return no other Roman shaped Athens so much.

Greek tax authority releases step-by-step guide for expatriates

The Independent Authority for Public Revenue has released a new practical guide aimed at addressing some of the most common tax-related issues

Greece emerges as a magnet for the world’s ultra-rich

Global wealth is increasingly on the move, and Greece has secured a place among the most attractive destinations for the ultra-rich.

Archaeologists locate lost Greek refugee colony founded by American philanthropist

Researchers have identified the long-forgotten site of Washingtonia, a brief but ambitious 19th-century refugee settlement in Greece.

Historic first as Kuwaiti woman chosen to train as police pilot in Greece

The Interior Ministry of Kuwait announced that First Lieutenant Dana Al-Shaleen has been selected to study aviation sciences in Greece.

You May Also Like

Olympiacos FC make history as champions of Europa Conference League

Olympiacos FC have made history as the first Greek club to win the Europa Conference League. Read more here.

Myra Demetriou: The last tenant forced out of Sirius apartments in Sydney passes away

Myra Demetriou, who was the last public housing tenant forced out of the Sirius apartments in Sydney, has passed away at the age of 94.

proika exhibition explores cultural bonds that unite the Greek Australian community

On November 20, the proika project invites you to the launch their multimedia exhibition, melding fashion, photography and conversations.