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

Three generations of Greek Australian Christmas celebrations

The Tragellis-Alepidis women, each with their own Christmas memories, have woven a beautiful tapestry of tradition, love, and family.

‘It’s magical’: Why Greek Australians love Christmas in Greece

We spoke with several Greek Australians who have spent the festive season in different parts of Greece - Athens, Larissa, Elis, and Katerini.

Thessaloniki at Christmas: Rich history, culture and festive charm

Each December, Thessaloniki transforms into a winter destination, composing a blend of rich history, culture, and Christmas charm.

Jaaks and The Kyle Bay win at the 2024 National Restaurant and Catering Awards

Jaaks and The Kyle Bay have received two prestigious awards at the recent 2024 National Restaurant & Catering Awards for Excellence.

Why John and Joanne celebrate Christmas in Greece the British way

Joanne and John's Christmas celebrations take place in Greece, but it is a British-style Christmas for the couple and their family.

You May Also Like

Plans for a Global Centre of Pontian Hellenism unveiled in Athens

A Global Centre of Pontian Hellenism is set to be built on the site of the former airport at Elliniko in southern Athens.

British and Cypriot aid for Gaza breaks new ground

Britain and Cyprus have collaborated through humanitarian effort to send 87 tonnes of aid to Gaza, utilising a unique route via Egypt.

Paul Nicolaou appointed executive director of Business Sydney

Paul Nicolaou’s appointment was announced by Business NSW chief executive officer Daniel Hunter this week.