South Australian solar, wind and storage project reaches financial close

LinkedIn
Twitter
Reddit
Facebook
Email

Image: Flickr user: TIm Swinson.
A hybrid off-grid project from renewables firm Energy Developments Limited’s (EDL) including 4MW wind, 1MW solar and a 1MW/250kWh battery system in South Australia has reached financial close.

The Coober Pedy Renewable Diesel Hybrid project, which will run alongside EDL’s exisiting 3.9MW diesel power station, will provide the town of Coober Pedy with up to 70% clean energy over its lifetime. A 20-year power purchase agreement (PPA) has been signed with the District Council of Coober Pedy, supported by the South Australian Government.

The Australian Renewable Energy Agency (ARENA) is providing AU$18.4 million (US$14.1 million) funding support.

ARENA chief executive Ivor Frischknecht said: “This is a next-generation off-grid project, taking advantage of advanced renewable and enabling technologies that have already been successfully trialled at off-grid locations such as King Island.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

Not ready to commit yet?
  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“Combining wind, solar, battery storage and smart control systems could provide a blueprint for off-grid communities to access cleaner and cheaper power and achieve energy independence by greatly reducing their reliance on trucked-in diesel.”

Construction is expected to start in September this year and completion is scheduled for the first quarter of 2018.

There were industry concerns last week after prime minister Malcolm Turnbull announced plans to redirect AU$1 billion from the Clean Energy Finance Corporation’s (CEFC) AU$10 billion (US$760 million) allocation into a new Clean Energy Innovation Fund (CEIF).

Read Next

October 3, 2025
EDF Renewables has brought its 300MWh Milagro project online in New Mexico, while Enlight Renewable Energy has secured US$340 million in tax equity financing for its 940MWh Roadrunner project in Arizona.
September 30, 2025
According to the Q3 2025 US Energy Storage Monitor from Wood Mackenzie Power & Renewables and the American Clean Power Association (ACP), annual installations will not reach 2025 levels again until 2029.
September 29, 2025
Samsung C&T Renewable Energy Australia has submitted plans for a 300MWh solar-plus-storage project in Queensland to Australia’s EPBC Act.
September 25, 2025
The Australian government has granted approval for the 1.4GWh Garoo solar-plus-storage project being pursued by Jinko Power Australia.
September 24, 2025
Two developers, OCI Energy and Nexus Renewable Power have secured financing for battery energy storage system (BESS) projects located in Texas, US.

Most Popular

Email Newsletter