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.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

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

Advertisement

Latest News

Comic author Peter Barber and his Greek Orthodox Easter ‘adventures’

Award-winning British author Peter Barber writes books about… Greece. So far, he has published five books about his second, or first, home!

Peter Dutton MP’s Easter message: Honouring faith and the Greek Australian legacy

Australia’s Leader of the Opposition, Peter Dutton MP, has issued a message to Greek communities to mark Orthodox Easter today.

Anthony Albanese MP praises Greek community in heartfelt Easter message

Federal Labor leader, Anthony Albanese, has sent a message to mark Orthodox Easter this year. Read the full message here.

High Commissioner of the Republic of Cyprus in Australia sends heartfelt Easter wishes

High Commissioner of the Republic of Cyprus in Australia, Antonis Sammoutis, sends a message for Orthodox Easter.

Greece’s Deputy Foreign Minister for Greeks Abroad sends message for Orthodox Easter

Greece’s Deputy Foreign Affairs Minister for Greeks Abroad, Ioannis Michail Loverdos, has issued a message for Orthodox Easter.

You May Also Like

Stefanos Tsitsipas outlasts Fritz to reach Australian Open quarter-finals

Greek fourth seed, Stefanos Tsitsipas, survived a gruelling fourth-round battle with American, Taylor Fritz, on Monday.

Schools shut down in Greece due to low birth rates and emigration

As Greece’s population continues to decline, due to low birth rates and high emigration, schools and kindergartens have been closing in high numbers.

Greek Community of Melbourne calls on PM to take a stand on Turkey’s violations in East Med

"We must intervene to ensure subtle peace and stability in the region is maintained with the agreed sovereignty of all nations involved."