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

Elion Society of SA celebrates 54 years and unveils revitalised community facility

Members and supporters of the Elion Society of South Australia “The Olympic Flame” gathered to celebrate the Society’s 54th anniversary.

Reclaiming Greek citizenship: Why more Greek Australians are exploring their eligibility

CitizenGR founder Nikolas Kraljevic explains why thousands of Greek Australians may already qualify for citizenship by descent.

What Greek Australians can learn from the One Nation debate

This opinion piece argues that One Nation's rise reflects a broader sense among some Australians that their concerns are not being heard.

Slow start to ski season impacts jobs and businesses in Snowy Mountains

A slow start to the NSW ski season has forced some workers to seek alternative employment, with Olivier Kapetanakos calling it challenging.

Former chief magistrate Nick Papas calls for law changes in Victoria’s youth crime debate

Former Victorian chief magistrate Nick Papas KC has criticised the Victorian Government's youth crime crackdown

You May Also Like

Greece’s high court blocks construction of high buildings around Acropolis

The Environment Ministry announced a number of special terms and building restrictions that will be enforced around the Acropolis.

Epameinondas Deligeorgis: Remembering Greece’s youngest-ever Prime Minister

A lawyer, journalist and politician, Epameinondas Deligeorgis was one of the most respected political officials in modern Greek history.

Estudiantina of Melbourne unveil second album ‘Ta Nisia’ (The Islands)

Estudiantina of Melbourne have announced the release of their highly anticipated second album, Ta Nisia (The Islands).