Eni Australia Limited has completed the acquisition of a construction-ready solar photovoltaic (PV) project near Katherine in the Northern Territory of Australia from Katherine Solar Pty Ltd, a joint venture between Australia’s Epuron and the U.K.-based Island Green Power, Eni announced in a statement on Tuesday.
According to the statement, once completed, the project will be the largest PV farm in the Northern Territory, consisting of the installation of 33.7 MWp (megawatt peak) of ground-mounted PV panels, as well as a battery storage system with a capacity of 5.7 MVA/2.9MWh (Mega Volt Ampere and megawatt-hour).
"Construction is expected to start in the next few weeks, with an expected commercial operation date in the fourth quarter of 2019," the company stated.
This project will contribute to the Northern Territory’s government goal to procure 50 percent of its energy from renewable sources by 2030.
"Once operational, the PV farm will avoid around 63,000 tonnes per year of CO2 equivalent emissions," Eni said.
Eni has been present in Australia through its subsidiary Eni Australia Ltd. since 2000.
By Gulsen Cagatay