WIRTGEN INVEST, advised by WIRSOL Energy and WiNRG, acquires Glenrowan West Solar Farm
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Today, German Investment company, WIRTGEN INVEST announced the successful acquisition and imminent start of construction of their first investment in Australia, the Glenrowan West Solar Farm. Independently funded, the project has an installed capacity of 149-megawatt peak (MWp) – positioning the Solar Farm as one of the largest renewable energy projects in Victoria.
WIRTGEN INVEST has signed the Engineering, Procurement and Construction (EPC) Contract with EPC Contractor, Signal Energy Australia Pty Ltd. Construction is scheduled to commence in February 2020 at the site located between Benalla and Wangaratta, 11km south-west of the town of Glenrowan. In July 2019, WIRTGEN INVEST had acquired the project rights of the Glenrowan West Solar Project from Overland Sun Farming, the leading developer of large-scale solar projects in the Australian market.
WIRTGEN INVEST has been advised by WIRSOL Energy Pty Ltd, the Australian arm of the WIRCON Group, and by German-based WiNRG in the acquisition and EPC process. WIRSOL Energy and WiNRG will continue to work on the project by providing project management services during construction, commissioning and ultimately operation of the Solar Farm. The Glenrowan West Solar Farm is the sixth project that WIRSOL Energy will deliver to the Australian market, taking its portfolio under management to 546MWp.
WIRTGEN INVEST, WIRSOL Energy and WiNRG have a commitment to assist in meeting the ever-growing worldwide demands for clean, sustainable power across households and businesses, whilst continuing to contribute more specifically towards Victoria’s Renewable Energy Target of 50% by 2030. Once the project reaches commercial operation in Q2 2021, the Victorian market will benefit from an additional 149MWp of renewable capacity and the Solar Farm will provide enough energy to power the equivalent of 41,000 households with green electricity, whilst preventing the emissions of approximately 310,000 tonnes of CO2 per year.