Lightsource bp has announced that through a PPA with Snowy Hydro, its West Wyalong solar farm will supply renewable energy to 88 of bp’s service stations across New South Wales, Australia.
This milestone is the result of a power purchase agreement (PPA) with Snowy Hydro which owns, operates and maintains the Snowy Scheme and is the fourth largest energy retailer in the Australian National Electricity Market given the strong growth of its retailer Red Energy in New South Wales in recent years.
The PPA will enable the construction of a 107MWdc solar farm in West Wyalong, New South Wales. Snowy Hydro will purchase two-thirds of the 238,000MWh generated annually from the solar farm through a 15-year PPA. Under this arrangement, Snowy Hydro will in turn supply 23,000MWh of renewable energy annually, through Red Energy, to bp for 10 years to meet the power requirements of all its service stations throughout the state of New South Wales.
New South Wales residents can expect the 88 bp service stations to be powered by 100% renewables from January 2023. Lightsource bp has secured a contract with an EPC company and is now working to bring the project portfolio to financial close.