Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a global leader in the development of renewable energy projects, has announced that the Lilyvale solar plant (100 MW ac) in Queensland, Australia, began production last month.
The project, started producing its first Kwh of energy on March 9th and is expected to reach full capacity during the coming months after completion of the AEMO testing phase. Located in the Queensland Central Highlands region, the Lilyvale solar plant is now connected to the national power grid, generating enough power to supply a population equivalent to 45,000 homes.
This is the second large-scale solar installation of FRV in Queensland. FRV signed a PPA with Ergon Energy Retail for the full plant capacity in January 2017. The project was financed in September 2017 with a group of banks comprising the Banking Group of Australia and New Zealand (ANZ), the Bank of Tokyo and Mitsubishi UFJ, Ltd (MUFG) and Sumitomo Mitsui Banking Corporation (SMBC).