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

Jewish Hellenic Association of Victoria calls for national action on antisemitism

Dean Kalimniou has announced that the JHAV has lodged a substantial submission with the Royal Commission on Antisemitism and Social Cohesion.

Sydney-linked mystery deepens as friends search for missing Elias Pantazis in Greece

The disappearance of 54-year-old Elias Pantazis in Metamorfosi, Greece, continues to puzzle authorities and supporters.

Matthew Aiden Kaissis granted bail over alleged attack on brother

Matthew Kaissis was granted bail after a Brisbane court was shown footage allegedly capturing the moment his brother was struck by a ute.

Damian Stavreas remains on bail over Operation Ironside meth trafficking offences

Former Comanchero bikie Damian Stavreas has been allowed to remain on bail after pleading guilty to multiple offences.

Mark Bouris warns Australia faces recession as 1700 small businesses collapse

Australian businessman and finance expert Mark Bouris has warned Australia is “definitely” heading towards a recession.

You May Also Like

Hellenic Lyceum of Sydney hold inaugural book club to mark Asia Minor Catastrophe centenary

The Hellenic Lyceum of Sydney launched its inaugural book club on Sunday, November 27 to mark the centenary of the Asia Minor Catastrophe.

Glendi Greek Festival poster exhibition opens in South Australia

The exhibition of Glendi Greek Festival posters of the years 1978-2010 is now open to the public in West Torrens Auditorium Gallery, Adelaide.

Photo Gallery: Melina Aslanidou hits the stage at Sydney’s Enmore Theatre

Photo Gallery: Melina Aslanidou hits the stage at Sydney's Enmore Theatre. The concert was almost sold-out.