Two companies have entered into an exclusive Memorandum of Understanding (MOU) to design and construct a 250MW solar PV project in Balranald, NSW.
The MOU will see Decmil and Maoneng work together on early engineering design and finalisation of an Engineer Procure Construct (EPC) contract valued at approximately $275 million.
Subject to agreement on commercial terms and the project successfully achieving financial close, the EPC contract will be awarded by the end of March 2018.
Sunraysia will be one of the first solar farms in NSW to use batteries to store energy. This will provide greater energy reliability and allow the solar farm to produce electricity during periods of peak demand rather than only during sunlight hours.