Spark Renewables successful with two solar hybrid projects in the capacity investment scheme

Spark Renewables, a leading Australian developer and owner of renewable energy assets, welcomes the announcement that it has been successful with two of its solar-hybrid projects in Tender 7 of the Capacity Investment Scheme (CIS):

  • Wattle Creek Solar Hybrid: Stage 2 of the Wattle Creek Energy Hub project in partnership with the University of Sydney. It consists of 180 megawatts (MW) of generation and 720 megawatt hours (MWh) of storage capacity, and is located near Marulan in the Southern Highlands of New South Wales.
  • Dinawan Solar Hybrid: Stage 2 of the Dinawan Energy Hub project. The project has been awarded access rights and is located in the South West Renewable Energy Zone in New South Wales. The 357 MW Dinawan Wind Farm (Stage 1) was successful in Tender 4 of the CIS. Dinawan Solar Hybrid consists of 300 MW of generation and 1,200 MWh of storage capacity, located halfway between Jerilderie and Coleambally.

The CIS is an Australian Government revenue underwriting scheme to accelerate investment in renewable energy generation. Projects tendered via the competitive process are evaluated on their ability to deliver low-cost, reliable power; their track record of community and First Nations engagement; proposed community benefit sharing; and their contribution to regional economic growth and procurement of local content. See Capacity Investment Scheme – DCCEEW.

“We are confidently delivering on our goal to develop high-quality projects leading the renewable energy transition in Australia, in a way that prioritises Australian manufacturers and service providers; supports jobs during construction and operations over a project’s lifetime; and meaningfully addresses project impacts on the community and the environment.”

“Spark Renewables will continue to focus on accomplishing project milestones to achieve commercial operations by 2030, as targeted by the Capacity Investment Scheme. We are targeting financial close of the Dinawan Wind Farm (Stage 1) before the end of this year, followed by the Wattle Creek Standalone BESS in early 2027,” said Mr Marriner.

ENDS

Contact:
Marju Tonisson
E: marju.tonisson@sparkrenewables.com