iTWire - New Bundaberg solar farm contract to help Telstra hit 100% renewable ma...
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Thursday, 14 December 2023 11:19
New Bundaberg solar farm contract to help Telstra hit 100% renewable mark Featured
Australian internet provider Telstra announced it has signed a new power purchase agreement (PPA) with developer Global Power Generation to construct a solar farm near Bundaberg, Queensland, claiming the agreement will enable renewable energy generation equivalent to 100% of its consumption by 2025.
The Bundaberg solar farm will begin operations in late 2025. Telstra said the project will secure up to 153GWh per annum of renewable energy output to the grid with total investment amounting to $130 million.
The PPA project is projected to generate enough renewable energy to power around 30,000 homes, contributing to Australia’s efforts to achieve 82% renewable energy by 2030.
The project will also help boost regional employment and is expected to create over 100 jobs during the 12-18 months construction phase.
Australian media reported Telstra has signed PPAs with Emerald Solar Park, MacIntyre Wind Farm, and Munna Creek Solar Farm, all in Queensland, as weell as the Muura Warra Wind Farm in Victoria and Stage 3 of the Crookwell Wind Farm in New South Wales.
The PPAs signed will help support 1,300 local jobs during the construction phase of the development and 60 ongoing jobs for regional communities.
According to Telstra, the company has supported more than $1.2 billion worth of renewable energy projects across Queensland, Victoria, and New South Wales to help decarbonise Australia's electricity grid. The projects will generate 1.3TWh by 2025, enough to power the equivalent of 200,000 homes and avoid 750,000 tonnes of emissions each year, reported Renew Economy.
"We’re committed to playing our part in building a more sustainable future and providing cleaner energy for Australian homes," said Telstra CEO Vicki Brady.
“Once these projects are fully up and running, our share of their renewable energy output will be equivalent to our own electricity consumption,” added Brady.
“We also have a significant focus on reducing our own emissions and working with our customers, business partners and suppliers to support their emissions reduction efforts.”
The renewable energy consumption will also help Telstra reduce its greenhouse gas emissions by 50% by 2030 - a target which includes scope 1, 2, and 3 emissions.
“As of June this year, we have reduced our combined scope 1 and 2 emissions by 30% and our scope 3 emissions by 28%, from a FY19 baseline.”
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