Project Update Week ending 12 October 2018

Macquarie Group invests into the Asian Renewable Energy Hub, which has expanded to over 11 GW and has achieved Lead Agency Status 8 October Macquarie Group has agreed to provide the region. We are excited to have Macquarie development capital to the Asian Renewable Group joining as a consortium member.” Energy Hub and join the project consortium alongside Intercontinental Energy, Vestas and The project was recently granted Lead Agency CWP Energy Asia. Status, for facilitation by the West Australian Department of Jobs, Tourism, Science and The consortium is developing the large wind Innovation under the Lead Agency and solar hybrid power hub in the Pilbara Framework, reflecting the project’s region in Western Australia. development progress and its economic development potential. The hub’s generation capacity is being increased from 9 GW to over 11 GW, with Pilbara Development Commission Chairperson more than half now allocated for existing and Brendan Hammond said a renewable energy new energy users in the Pilbara, including development of this scale would be a major mines, mineral processing and anticipated boost for jobs in the Pilbara and Western large scale production of green hydrogen. The Australia. hub still retains significant generation for direct export to South East Asia via subsea “Renewable energy is a key economic electrical cables, but the emphasis on support diversification opportunity for the Pilbara for domestic economic growth has grown. which capitalises on existing natural wind and solar assets,” Mr Hammond said. The 11+ GW generation capacity will consist of 7.5+ GW of wind turbines and 3.5+ GW of “Producing renewable energy in the region solar PV arrays, which will generate 40+ TWh would boost the business competitiveness of of competitively priced clean energy per the Pilbara by significantly lowering the cost annum. Total capital investment in the hub is of energy to accelerate the rate development anticipated to be in excess of $22 billion. in not only mining, but other emerging industries.” Hub Director Alex Tancock said “The Asian Renewable Energy Hub will supply large scale, As an energy hub, the project is being low cost, clean energy to enable customers in developed to flexibility meet customer and the Pilbara to grow, unlocking billions of market requirements in Australia and dollars of investment potential throughout overseas. Financial Close for the first phase of

Page 1 (Click on relevant project links to go to online Project Database) the hub is anticipated in 2021. The hub is “The Future Battery Industries CRC is seeking expected to be constructed in phases over a to position Australia as a globally competitive 6-7 year period. provider of the energy solutions of the future by leveraging the country’s natural resources The project consortium includes and internationally recognised research Intercontinental Energy (which is developing skills,” Professor Moran said. another renewable energy hub elsewhere in the world), Vestas (the largest wind turbine “The proposal joins industry, government and company in the world), Macquarie Group (a researchers to solve the grand challenges for global leader in green energy investment) and a future where Australia is a leader in the CWP Energy Asia (one of Australia’s most manufacture of the next generation of battery successful renewable energy project energy storage technologies and systems. The developers). Future Battery Industries CRC will also provide important research opportunities for Source: AREH postgraduate students seeking to play a role in this significant initiative.”

WA’s national bid to lead Bid Chair Mr Tim Shanahan said the proposal was responding to industry calls for Australia battery energy storage to act within the next five years or risk losing research hub charges on the opportunity to overseas competitors.

8 October “The industry is telling us that there is an A Western Australian-led national consortium urgent need for Australia to take the lead in of industry and universities has been invited this next phase of our energy future and the to progress to the second stage of its bid to Future Battery Industries CRC works to ensure lead a $100 million Future Battery Industries we position ourselves as the global leader in Cooperative Research Centre (CRC), which low cost, high quality, technically superior aims to position Australia as a global leader battery materials and technologies,” Mr for the energy solutions of the future. Shanahan said.

In conjunction with a range of industry and “The project will help guide the future of the education partners, Curtin University is energy industry by mapping out the pathway leading the bid for a new CRC with the aim of for Australia to mine, extract, refine and connecting world-class researchers and recycle battery minerals, metals and materials industry to develop the processes and battery with the required quality controls, as well as applications to make the most of Australia’s completing the value chain through the abundant new energy materials. manufacture, deployment and use of At the Expressions of Interest phase, the batteries.” national consortium had raised about $27 million towards the bid and is seeking $25 Led by Curtin University, the initial million from the Federal Government through proponents of the Future Battery Industries the CRC application process. CRC includes BHP Billiton, Yurika, Kibaran,

Synergy, Lithium Australia, Galaxy, FYI Curtin University Deputy Vice-Chancellor Resources Limited, The Chamber of Minerals Research Professor Chris Moran said the and Energy of Western Australia, Australia's Future Battery Industries CRC would provide Nuclear Science and Technology Organisation, national leadership to harness new energy Pure Battery, DST Group, Clean Teq, Energy materials, including lithium, vanadium, nickel, Queensland, Minerals Research Institute of cobalt and graphite, for the future of energy Western Australia, Multicom, MRI e-cycle storage. solutions, City of Kwinana, Energetics,

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Goldfields-Esperance Development Get up close and personal with Commission, Total Green Recycling, Syrah Resources, PROXA, Everledger, Tianqi Lithium, renewable energy at Wind Protean Energy, Mining and Process Solutions, Farm Open Day Envirostream, the Government of South 8 October Australia, Switch Batteries, Live-in Learning, Ten wind farms will open their gates to the The University of Western Australia, The public when the Clean Energy Council University of , The University of celebrates Open Day with the Adelaide, Queensland University of Australian Wind Alliance on Sunday 21 Technology, and Murdoch University. October.

The Western Australian State Government Clean Energy Council Chief Executive Kane seeded the bid with a combined $6 million in Thornton said the event is a celebration of the provisional funding to support to contribution that wind farms make to local establishment of the proposed Future Battery communities, as well as the role they play in Industries CRC in WA. Australia’s clean energy future.

As part of the CRC application process to the “Wind Farm Open Day is a great opportunity Federal Government, proposals are for local residents to get up close and considered in two stages based on merit and personal with many of the wind farms that are measured against all other CRC applications. helping to unlock Australia’s clean energy future,” Mr Thornton said. Successful first stage applicants are invited to submit a second stage application, which “The current pipeline of wind energy projects requires a full written business case. represents $7.6 billion in investment and almost 4000 direct jobs. The industry gets The Federal Government is expected to more efficient with every wind farm that is announce the successful recipients of the CRC built towards meeting the 2020 Renewable application process in early 2019. Energy Target, and the cost of renewable energy continues to drop as a result. Source: Curtin University “Australia has more than 80 operational wind farms delivering significant financial and social PROJECT NEWS benefits to their host communities. The open Granite Hills Wind Farm day allows these farms to welcome The federal government’s Department of the communities beyond the gates and gain an Environment & Energy has declared Akuo understanding of their significant contribution Energy’s proposed 132 MW Granite Hills Wind and value not only within these regional Farm in Steeple Flat, New South Wales a towns but also for the country as a whole,” he controlled action. The relevant controlling said. provisions are listed threatened species and communities (sections 18 & 18A) and listed With ten wind farms participating in the day, migratory species (sections 20 & 20A). The there will be no shortage of fun and project will require assessment and approval informative activities for all who attend. The under the EPBC Act before it can proceed. following wind farms will be part of the celebrations: : , Mt Gellibrand Wind Farm, Salt Creek Wind Farm, Cape Nelson South Wind Farm

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NSW: , Woodlawn response to an invitation from the United Wind Farm, , Gullen Nations Framework Convention on Climate Range Wind and Solar Farm Change (UNFCCC) when it adopted the Paris : Agreement in 2015. Western Australia: Mumbida Wind Farm The report’s full name is Global Warming of Times and activities vary between each site so 1.5°C, an IPCC special report on the impacts of check with the relevant wind farm directly global warming of 1.5°C above pre-industrial prior to attending. For further information levels and related global greenhouse gas specific to each farm, visit the Clean Energy emission pathways, in the context of Council Wind Farm Open Day webpage. strengthening the global response to the threat of climate change, sustainable Source: Clean Energy Council development, and efforts to eradicate poverty.

Summary for Policymakers of “One of the key messages that comes out very strongly from this report is that we are IPCC Special Report on Global already seeing the consequences of 1°C of Warming of 1.5ºC approved by global warming through more extreme weather, rising sea levels and diminishing governments Arctic sea ice, among other changes,” said 8 October Panmao Zhai, Co-Chair of IPCC Working Group Limiting global warming to 1.5ºC would I. require rapid, far-reaching and unprecedented changes in all aspects of The report highlights a number of climate society, the IPCC said in a new assessment. change impacts that could be avoided by limiting global warming to 1.5ºC compared to With clear benefits to people and natural 2ºC, or more. For instance, by 2100, global sea ecosystems, limiting global warming to 1.5ºC level rise would be 10 cm lower with global compared to 2ºC could go hand in hand with warming of 1.5°C compared with 2°C. The ensuring a more sustainable and equitable likelihood of an Arctic Ocean free of sea ice in society, the Intergovernmental Panel on summer would be once per century with Climate Change (IPCC) said on Monday. global warming of 1.5°C, compared with at least once per decade with 2°C. Coral reefs The Special Report on Global Warming of would decline by 70-90 percent with global 1.5ºC was approved by the IPCC on Saturday warming of 1.5°C, whereas virtually all (> 99 in Incheon, Republic of Korea. It will be a key percent) would be lost with 2ºC. scientific input into the Katowice Climate Change Conference in Poland in December, “Every extra bit of warming matters, when governments review the Paris especially since warming of 1.5ºC or higher Agreement to tackle climate change. increases the risk associated with long-lasting or irreversible changes, such as the loss of “With more than 6,000 scientific references some ecosystems,” said Hans-Otto Pörtner, cited and the dedicated contribution of Co-Chair of IPCC Working Group II. thousands of expert and government reviewers worldwide, this important report Limiting global warming would also give testifies to the breadth and policy relevance people and ecosystems more room to adapt of the IPCC,” said Hoesung Lee, Chair of the and remain below relevant risk thresholds, IPCC. added Pörtner. The report also examines pathways available to limit warming to 1.5ºC, Ninety-one authors and review editors from 40 countries prepared the IPCC report in

Page 4 (Click on relevant project links to go to online Project Database) what it would take to achieve them and what make decisions that tackle climate change the consequences could be. while considering local context and people’s “The good news is that some of the kinds of needs. The next few years are probably the actions that would be needed to limit global most important in our history,” she said. warming to 1.5ºC are already underway around the world, but they would need to The IPCC is the leading world body for accelerate,” said Valerie Masson-Delmotte, assessing the science related to climate Co-Chair of Working Group I. change, its impacts and potential future risks, and possible response options. The report finds that limiting global warming to 1.5°C would require “rapid and far- The report was prepared under the scientific reaching” transitions in land, energy, industry, leadership of all three IPCC working groups. buildings, transport, and cities. Global net Working Group I assesses the physical science human-caused emissions of carbon dioxide basis of climate change; Working Group II (CO2) would need to fall by about 45 percent addresses impacts, adaptation and from 2010 levels by 2030, reaching ‘net zero’ vulnerability; and Working Group III deals with around 2050. This means that any remaining the mitigation of climate change. emissions would need to be balanced by removing CO2 from the air. The Paris Agreement adopted by 195 nations at the 21st Conference of the Parties to the “Limiting warming to 1.5ºC is possible within UNFCCC in December 2015 included the aim the laws of chemistry and physics but doing so of strengthening the global response to the would require unprecedented changes,” said threat of climate change by “holding the Jim Skea, Co-Chair of IPCC Working Group III. increase in the global average temperature to well below 2°C above preindustrial levels and Allowing the global temperature to pursuing efforts to limit the temperature temporarily exceed or ‘overshoot’ 1.5ºC increase to 1.5°C above pre-industrial levels.” would mean a greater reliance on techniques that remove CO2 from the air to return global As part of the decision to adopt the Paris temperature to below 1.5ºC by 2100. The Agreement, the IPCC was invited to produce, effectiveness of such techniques are unproven in 2018, a Special Report on global warming of at large scale and some may carry significant 1.5°C above pre-industrial levels and related risks for sustainable development, the report global greenhouse gas emission pathways. notes. The IPCC accepted the invitation, adding that the Special Report would look at these issues “Limiting global warming to 1.5°C compared in the context of strengthening the global with 2°C would reduce challenging impacts on response to the threat of climate change, ecosystems, human health and well-being, sustainable development, and efforts to making it easier to achieve the United Nations eradicate poverty. Sustainable Development Goals,” said Priyardarshi Shukla, Co-Chair of IPCC Working Global Warming of 1.5ºC is the first in a series Group III. of Special Reports to be produced in the IPCC’s Sixth Assessment Cycle. Next year the The decisions we make today are critical in IPCC will release the Special Report on the ensuring a safe and sustainable world for Ocean and Cryosphere in a Changing Climate, everyone, both now and in the future, said and Climate Change and Land, which looks at Debra Roberts, Co-Chair of IPCC Working how climate change affects land use. Group II. The Summary for Policymakers (SPM) “This report gives policymakers and presents the key findings of the Special practitioners the information they need to Report, based on the assessment of the

Page 5 (Click on relevant project links to go to online Project Database) available scientific, technical and socio- Decmil has for over 40 years successfully economic literature relevant to global delivered major regional infrastructure and, warming of 1.5°C. following a detailed planning process, is operationally ready to deliver this project”. The Summary for Policymakers of the Special Report on Global Warming of 1.5ºC (SR15) is Maoneng Group Executive Chairman and CEO, available at http://www.ipcc.ch/report/sr15/ Morris Zhou, commented: or www.ipcc.ch “Maoneng welcomes Decmil as partners to successfully deliver the Sunraysia project. We Source: IPCC are confident in Decmil’s capability and pleased to see their commitment and resourcing towards this project. Award of ~$277 million EPC Maoneng is one of the first companies to have contract for Sunraysia Project successfully developed, built and owned a 8 October utility scale solar PV plant in Australia. Our ▪ Award of $277 million EPC contract for the mission is to assist Australia’s transition Sunraysia Project in , NSW towards a low carbon society through the ▪ Project will be one of the largest solar plants development of sustainable social in Australia infrastructure”.

Decmil Group Limited (ASX: DCG) (“Decmil” or The Sunraysia project is Maoneng’s second “Company”) is pleased to announce that it has significant project in the Australian market, been awarded a $277 million EPC contract by the first being the Mugga Lane Solar Park Maoneng Australia (“Maoneng”) for its developed and built under the ACT 255MW Sunraysia Solar PV project located Government’s Reverse Solar Auction. near Balranald in New South Wales. The project is also Decmil’s second significant The project is set to be one of Australia’s solar EPC project, the first being the Gullen largest utility scale Solar PV projects and is Solar farm co-located within the existing underpinned by Power Purchase Agreements . with the University of New South Wales and AGL Energy. Source: Decmil

Maoneng has entered into a long-term equity partnership with global infrastructure investor PROJECT NEWS and manager John Laing Group for the Wollar Solar Farm investment and development of the Sunraysia The federal government’s Department of the project. In addition, the project has secured Environment & Energy has declared Solar debt financing from a consortium of domestic Megawatt Holding’s proposed 400 MW and international banks. Wollar Solar Farm, 7km south of Wollar in

New South Wales, a controlled action. The Decmil Managing Director and Group CEO, relevant controlling provisions are listed Scott Criddle, commented: threatened species and communities (sections “Decmil is looking forward to partnering with 18 & 18A). The project will require Maoneng on the Sunraysia project. Both assessment and approval under the EPBC Act organisations bring together complimentary before it can proceed. skills to successfully deliver this project to the Australian renewable energy market.

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Guiding Victoria with solar energy auction generating six massive solar and wind projects that will produce more than farm developments 900 megawatts of energy and create more 8 October than 900 jobs. The Andrews Labor Government has approved a major new solar farm north of The Labor Government is also investing more Shepparton and released draft planning than $1.3 billion to put solar panels, hot water guidelines for the development of large solar and batteries on $720,000 homes across the farm projects across the state. state – driving down energy prices for Minister for Planning Richard Wynne Victorian households. announced today that he has approved the The Solar Energy Facilities – Design and Congupna solar farm proposal, which will Development Guidelines are open for public produce 68 MW of clean energy, create comment until 1 March 2019 around 250 jobs and power approximately at www.planning.vic.gov.au/policy-and- 22,600 homes. strategy/solar-energy-facilities-design-and- development-draft-guidelines. The project will be built on non-irrigated agricultural land and drive around $38 million Quotes attributable to Minister for Planning in capital expenditure. Richard Wynne “The Congupna solar farm will create more A decision on the Tallygaroopna, Lemnos and than 100 new jobs and produce 30 megawatts Tatura East solar farm applications has been of new, clean energy – helping to drive down deferred until further strategic work is energy prices.” completed for the Goulburn Murray Irrigation District. “We’re working with industry and community to make sure solar farm developments deliver Minister Wynne also released the draft Solar the right outcomes for communities, the Energy Facilities – Design and Development environment and jobs.” Guidelines for comment. Quotes attributable to Minister for The draft guidelines will help inform councils, Environment, Energy and Climate Change Lily developers and communities on planning D’Ambrosio requirements for the large solar farm facilities “These new guidelines will provide more to ensure they are built in the right locations, certainty to the community, and more are easily accessible to the grid and that confidence to invest in major solar farms like proposals give careful consideration to high the one at Congupna.” productivity agricultural areas and sensitive landscapes. “We’re creating jobs, driving down power prices and combatting climate change with The document was informed by a review of the biggest investment in renewable energy in guidelines and best practice standards Victoria’s history.” interstate and internationally. Source: Victoria Government It also includes a Best Practice Guide for Proponents to help developers engage with communities, and minimise the environmental and social impacts of their proposals.

The Labor Government continues to drive investment in clean, affordable energy projects – with Victoria’s first renewable

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Creating local jobs of the photovoltaic electricity plant to be developed near Katherine. future through cheaper, cleaner and more reliable The power purchase agreement (PPA) between Jacana Energy and Katherine Solar power Pty Ltd will enable the construction of the $40 8 October million project, create over 100 jobs during The government has announced electricity construction and be the largest renewable market reforms to deliver lower cost and energy generator in the Northern Territory. reliable power, and meet the government’s target of its 50 percent renewables by 2030. This is the first of a number of large-scale solar projects proposed by investors. These reforms include a competitive wholesale electricity market consistent with More information can be found at: recommendations made by the independent https://roadmaptorenewables.nt.gov.au/ panel in the Roadmap to Renewables report. Quotes from the Chief Minister: Over the next 12 months, a Northern Territory “Creating local jobs is my number one Electricity Market (NTEM), tailored to the priority.” Territory’s circumstances, will be developed. “Our election commitment of 50% renewables This will ensure the growing interest in by 2030 is already paying dividends by renewable energy can be facilitated in the creating local jobs in the growing renewable Darwin-Katherine power network in a way energy sector. which will deliver lower cost generation and reliable power to Territorians. “We have kept our promise to stabilise power prices after massive hikes under the CLP. The NTEM is expected to be up and running within 12 months, and government will work “The fact we have also kept public assets in closely with stakeholders on design and public ownership means we are perfectly implementation. place to transition to more renewable energy while maintaining system reliability. Government will also begin consultation shortly on a review of supply and feed-in Quotes from the Minister for Renewables and tariffs to encourage behind the meter energy Essential Services: storage for those with rooftop solar “This agreement between Katherine Solar and photovoltaics (PV) and stimulate greater take- Jacana will increase renewable energy use in up of energy efficient technologies. the Territory by between 3 and 4%.

This was also one of the recommendations “It’s a huge step towards our renewable made by the renewables panel to increase energy target and will put downward pressure system reliability and enable Territorians to on electricity prices. reduce their electricity costs during the most expensive times of the day. “There are lessons learned from the National Energy Market which we have incorporated The reforms aim to encourage cheaper into the design of this policy. renewables into the system, putting downward pressure on power prices. “This is a common-sense and best practice approach tailored for the Territory’s unique In a major step towards reaching the 50 circumstances.” percent renewables target, the government has approved a 25 megawatt (MW) solar

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Quotes from Martin Poole, Epuron Executive investment and development of the Sunraysia Director: Solar Farm. In addition, the project has “Epuron is pleased to be entering into an secured debt financing from Nord L/B, ING, agreement to sell solar electricity to Jacana. Mizuho, Bank of China and National Australia We look forward to the Katherine solar Bank (NAB). project moving into construction in the coming months." Decmil has been appointed as the head contractor for the project under an “The NT has great potential for solar energy, Engineering, Procurement and Construction and it is exciting to see the Territory (EPC) Contract and will also undertake the Government’s initiatives to enable investors project’s operations and maintenance when to compete to generate the lowest cost solar the solar farm is in operation. power for the grid." Maoneng will act as both the construction “Epuron owns and operates solar power manager during the construction period and stations in the NT at Alice Springs, Yulara, the asset manager during operations. Kalkarindji, Ti Tree and Lake Nash / Alpurrurulam and we are pleased to be here Acknowledgement of stakeholders at the announcement of our first project in “We would like to acknowledge the the Darwin - Katherine electricity system.” contributions from all stakeholders who participated in the development of the project Source: NT Government including: town planners, engineers, construction contractors, legal advisers, specialist advisers, financiers and investors, Maoneng Group – Sunraysia traditional and current land custodians, government agencies, retailers and Solar Farm 255MWp financial educational institutions,” said Morris Zhou, close CEO and Chairman of Maoneng Group.

8 October At the peak of construction, up to 400 people The 255MWp Sunraysia Solar Farm will be the will be working and living in Balranald, largest solar farm to have commenced creating significant local economic growth and construction in Australia this year and will be opportunities to engage with the local one of the largest solar farms in the world community with respect to the renewable upon construction completion. The financial energy sector. close of the project has been underpinned by the coordinated effort of several hundred Financing partners professionals across various industries. “We are very pleased to secure our first solar

investment in Australia, further enhancing our Maoneng Australia (Maoneng), one of renewable energy portfolio in the APAC Australia’s leading solar PV developers and region. After carefully evaluating a number of owner of renewable energy assets has solar opportunities in the market over the last reached Financial Close for the 255MWp 2 years, we have invested in Sunraysia Solar Sunraysia Solar Farm. Farm, an asset that supports our model to

create value through the successful delivery of The asset is underpinned by two world class greenfield infrastructure,” said Justin Bailey, Power Purchase Agreements (PPAs) under John Laing, Regional Managing Director – Asia which UNSW Sydney and AGL Energy (AGL) Pacific. purchase energy over 15 years.

“The investment from John Laing is a Maoneng entered into a long-term equity testament to the quality of the assets that partnership with John Laing for the

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Maoneng develop. We are honoured to have Construction partner been entrusted by John Laing to deliver the “Decmil is looking forward to partnering with project and operate the solar farm over the Maoneng on the Sunraysia project. Both long term. John Laing shares in Maoneng’s organisations bring together complimentary vision in creating sustainable social skills to successfully deliver this project to the infrastructure that helps drive communities Australian renewable energy market. Decmil towards a progressive future,” said Qiao Nan has for over 40 years track successfully Han, Group Vice President of Maoneng. delivered major regional infrastructure and is operationally ready to deliver this project,” “The bank group represents the diversity of said Scott Criddle, Decmil Group, Managing lenders from various part of the world, who Director and Group CEO. have gathered here in Australia to finance this landmark project,” says Qiao Nan Han. “We “This would be Decmil’s biggest EPC contract are grateful for the support of Nord L/B and in its renewables portfolio. Decmil beat out its Bank of China who have previously supported tier one competitors due to their competitive our Mugga Lane Solar Park development and pricing, strong business development acumen we welcome our new financing partners ING, and extensive engineering and construction Mizuho and NAB.” experience in delivering projects in remote regions of Australia. Their project execution Frank Schrader, Regional CEO Asia Pacific of team was engaged throughout the whole NORD/LB said, “We are extremely thrilled to tender process and we have the utmost be one of the key financing parties for confidence in Decmil delivering what will be Sunraysia Solar Farm, and have the pleasure the largest operating solar farm in the to work with Maoneng again and John Laing country,” said Michael Tran – Maoneng Group for the first time in Asia. This signifies a Operations Manager. landmark deal in NSW, Australia for Nord/LB, adding to our portfolio of 14GW of green “They have been working with us for almost a energies financed worldwide. We continue to year, in front end engineering and design, showcase our execution capabilities in preparatory and planning work, including Australia as one of the leading banks in the obtaining the approval for a construction global renewables space. We look forward to camp to cater for the large workforce that is extending our pipeline in Australia and required to build this solar farm. We are provide customized solutions to meet our looking forward to a smooth and well-planned client’s financing needs.” construction phase as we continue to have the support from our key suppliers including Jules Kaufling, Senior Director Project Finance Jinko, Schneider and NEXTracker,” said Qiao at Mizuho said, “Mizuho is very excited to be Nan Han. supporting Maoneng and John Laing’s development and investment activities in the “Schneider Electric is excited to be a key renewable energy space in Australia. As one supplier for the Sunraysia Solar Project. We of the largest solar farms in the country have worked collaboratively with Maoneng underpinned by strong offtake arrangements, from the beginning of 2017, providing Sunraysia is a fantastic opportunity for all ongoing technical support to complete the parties involved, and we are proud to have Generator Performance Standards been able to help the project reach this key submission. We look forward to supplying milestone. Mizuho has successfully financed a from Schneider owned factories all the Power number of important green energy assets in Conversion Units for this project; consisting of the recent past and Sunraysia is a further Inverters, Transformers and Ring Main Units. testament to Mizuho’s established presence We will also be responsible for providing a full in the sector.” Control and Monitoring system to meet the detailed needs of this complex project. We

Page 10 (Click on relevant project links to go to online Project Database) are looking forward to the delivery of another from Sunraysia Solar Farm represents successful project with Maoneng,” said Steven Maoneng’s first contribution towards our Briggs, Director Solar Power Plants – long-term relationship with AGL.” Schneider Electric. Advisors Network interconnection “We would like to thank the lawyers from “The Sunraysia Solar Farm is a very exciting Norton Rose Fulbright Australia and engineers development for TransGrid – over the last 18 from Jacobs who have worked with us on this months TransGrid has connected over 1GW of project since conceptualisation. We would renewable energy to the NEM, and we have also like to thank lender’s counsel King & contracts in place to connect at least that Wood Mallesons who contributed to bringing much again this financial year,” said Richard the project to a successful financial close,” Lowe, TransGrid, Executive Manager Business said Qiao Nan Han. Growth. “This connection project specifically demonstrates the significant benefits “We are pleased to have worked closely with TransGrid can deliver for renewable energy Maoneng since project conception, and project developers, through a comprehensive advising them through the project lifecycle to build, own, operate and maintain solution for deliver another significant renewable energy connection services for a 30 year term.” project, since advising Maoneng with their first major investment in Australia – the “Sunraysia Solar Farm will be connecting into 13MW Mugga Lane Solar Park in the ACT. The TransGrid’s 220kV Substation where Sunraysia Solar Farm is another key project substation, Transmission and network contributing to the changing energy mix in the augmentation work will be conducted by region, playing an important role towards the TransGrid through a Build Own Operate and transition to cleaner and more affordable Maintain (BOOM) model,” said Qiao Nan Han. energy” said Raymond Lou, Partner, Norton Rose Fulbright. Offtake “The 15-year solar supply agreement with “It has been a pleasure to support Maoneng’s UNSW is the first of its kind in Australia – financiers and Maoneng in achieving close of bringing together a retailer, developer and the project financing of this ground-breaking corporate. We are honoured to allow UNSW combination of offtake arrangements” said to achieve its goal of carbon neutrality on Scott Gardiner, Partner, King & Wood energy use by 2020 and look forward to our Mallesons. long-term partnership,” said Kevin Chen, Director of Project Finance and M&A of Source: Maoneng Maoneng.

“This milestone brings UNSW Sydney a major step towards receiving emissions free electricity as part of this landmark initiative,” said Professor Ian Jacobs, President and Vice- Chancellor at UNSW Sydney. “The Solar PPA is crucial to the University realising its goal of carbon neutrality on energy use by 2020.”

“AGL’s offtake with Sunraysia Solar Farm forms part of AGL’s NSW Generation Plan and plays an important role in AGL’s transition towards cleaner and more affordable energy,” said Qiao Nan Han. “Energy allocated to AGL

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Crystal Brook Energy Park – Neoen is excited to showcase this pioneering project to the South Australian Planning development application panel Commission. The project has been designed hearing to meet or exceed all South Australian 9 October planning guidelines, and Neoen looks forward Following two years of project development to ongoing investment in a state which has and continuous community engagement, shown such leadership on energy policy.” Crystal Brook Energy Park will be showcased to the State Commission Assessment Panel The Panel will sit on Wednesday and Thursday (SCAP) in Port Pirie on 10 and 11 October. A of this week. Neoen encourages community part of the Development Application process, members with questions or comments to the Panel will also consult local community reach out at members on their views of the proposal [email protected]. during this session, which spans two days. Source: Neoen Managing Director of Neoen Australia, Franck Woitiez, said: “The Crystal Brook Energy Park we are PROJECT NEWS presenting this week is the result of an Sebastopol Solar Farm unprecedented level of community The EIS for Ib Vogt’s proposed Sebastopol engagement. In direct response to feedback Solar Farm in central west NSW was placed on from the local community and Port Pirie public exhibition by the NSW Department of Council, Neoen has reduced the number of Planning & Environment. The proposal wind turbines proposed by more than 50% to includes the construction, operation and ensure a generous development buffer decommissioning of a photovoltaic solar farm between the project and the Flinders Ranges. that would produce up to 108 MW of electricity. Associated infrastructure includes The Crystal Brook Energy Park represents a a substation, battery storage, staff amenities, potential investment of $500 million in South internal access tracks and fencing. Major Australia. It will create over 200 jobs during components include: construction and around a dozen permanent - Single axis tracker PV solar panels mounted on jobs during operation. As with all our projects, steel frames over most of the site (up to Neoen will ensure that jobs go to local approximately 308,000 PV solar panels). workers and industries wherever possible. - Battery storage, allowing energy to be stored Upon completion of the project, we will also on-site during periods of low demand and create an $80,000-per-year Community Fund, released to the network during periods of higher which will be allocated by local community demand. leaders to community projects that drive - Electrical conduits and transformers. environmental and social change. - On site substation. - Site office, parking access tracks and perimeter Neoen is extremely proud of the nearby fencing. in Jamestown, - Electrical transmission infrastructure and which since December last year has been overhead transmission line to connect the successfully keeping the lights on and cutting proposal to the existing 132 kilovolt (kV) electricity prices for South Australians. Crystal transmission line. Brook is the natural next step, as one of the The project has a capital investment value of first and largest projects in the world to $120,4mil, and would provide 150 integrate wind, solar and storage to provide construction jobs and 3 operational jobs. dependable, dispatchable, baseload renewable power without subsidies.

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Risen Energy Renewable acquisition with the Share Purchase Agreement executed in October 2018.” Target (RERT) – 2 GW+ 10 October “We will aim for completion of the acquisition - RERT 1 - Yarranlea Solar Farm (QLD) of Merredin Solar Farm in late 2018 with Construction Underway 100% share outright purchase of Merredin - RERT 2 - Merredin Solar Farm (WA) Share Solar Farm SPV as soon as possible.” Purchase Agreement Signed “Risen Energy will fund some equity of the Risen Energy to acquire Merredin Solar Farm Merredin Solar Farm project with an aim to from Ingenious- backed Stellata Energy with achieve financial close in late 2018.” the Share Purchase Agreement executed in continued Zhong. October 2018. Sebastian Speight, MD of Ingenious Merredin Solar Farm is a proposed Infrastructure (joint venture partner in development for a 100 MW (AC) Solar PV Stellata), commented “We are delighted to farm at Merredin in Western Australia’s have reached this milestone with Risen and central wheatbelt. Merredin Solar Farm – are looking forward to getting the project into Phase 1 will consist of circa 405,000 tracking construction at the end of 2018”. solar PV modules covering an area of roughly 350 hectares, with an expected output of Source: Risen Energy 281GWh of electricity per annum.

The Merredin Solar Farm will generate and deliver clean, renewable electricity into the JA Solar further promotes new South West Interconnected System (SWIS) energy development in each year making a major contribution to Australia Western Australia’s greenhouse gas 10 October reductions. JA Solar Holdings Co., Ltd., a world-leading

manufacturer of high-performance Once connected Merredin Solar Farm will photovoltaic products, announced that it has generate enough energy to power supplied all solar modules to South Australian approximately 42,000 Western Australian Water Corporation ("SA Water") for its homes annually. 4.14MW coastal photovoltaic project. The

project is part of SA Water's efforts to achieve Risen Energy Renewable Target (RERT) - 2 zero net electricity costs, which is of great GW+ significance in promoting the development of “Risen Energy (Australia) is going to invest new energy in Australia. progressively in an excess of 2 GW of renewable projects in Australia with further SA Water operates more than 27,000 investments in storage in the future. We will kilometers of water supply pipelines and be acquiring projects that are shovel ready, provides water services to over 1.7 million projects that are looking for financial and/or customers across South Australia. SA Water EPC partner, projects that are looking for a co- has some of the highest energy consumption developer.” said John Zhong, Project in the state, and hence, a high electricity bill Development & Investment Director, Risen to go along with it. JA Solar's PV modules will Energy (Australia). be used in the photovoltaic power plants of

SA Water's Hope Valley Water Treatment “Our first acquisition for the 100 megawatt Plant, Glenelg Wastewater Treatment Plant, (AC) Yarranlea Solar Farm in Queensland was and Christies Beach Wastewater Treatment completed in early 2018 and construction is Plant to provide reliable and clean energy underway. Merredin Solar Farm is our second

Page 13 (Click on relevant project links to go to online Project Database) used for the safe transportation of clean completion this year. It is located in the New drinking water and treatment of wastewater. England region of northern NSW. It has two The project is under construction by Enerven neighbouring wind farms, White Rock and Energy, a wholly-owned subsidiary of SA Glen Innes, and as the largest wind farm in Power Networks. The company's significant New South Wales will help the ACT industry experience and strong focus on Government meet its target of 100% quality provide a guarantee for the successful renewables by 2020. completion of the project. Flow Power now has three wind offerings in The large seasonal temperature variance in three respective states – Ararat in Victoria, South Australia demand stringent Australia’s third largest wind farm, Lakeland in requirements for PV module performance, Queensland, and now Sapphire in New South including saline-alkali tolerance, high Wales. The deal builds even more momentum temperature and extreme cold resistance. The for Flow Power’s Corporate Renewable Power JA Solar PV modules have excellent corrosion Purchase Agreements (PPAs), which they first resistance and PID resistance performance, introduced to the Australian market in 2017. offering a strong guarantee for ensuring the Recent Flow Power research shows that if 670 stability of the power plant system and medium and large-scale businesses across optimizing power generation. Australia made the decision to contract renewable energy through corporate Mr. Baofang Jin, President and CEO of JA renewable PPA, this would drive investment Solar, said "JA Solar is committed to the in more than 1845 MW of renewable research and development and mass generation. production of high-efficiency PV modules. We look forward to providing more customers Sapphire Wind Farm will join Lakeland Wind with high-quality products and services and Farm, and Kiamal Solar promoting the development and application Farm in Flow Power’s evolving renewable of renewable energy around the world." generation portfolio, the latest phase in its ambitious plans for national growth since the Source: JA Solar announcement of its change in ownership. In February 2018, Canadian pension trust OPTrust took an ownership stake as part of Connecting NSW businesses to Flow Power’s strategy to expand its offering for corporate clients, which include Olam renewables Orchards, ANCA Machines and Select 11 October Harvests. Business energy retailer Flow Power has today announced that it has agreed to terms to Matthew van der Linden, Managing Director contract 50MW of the output and associated of Flow Power, comments: “We’re proud to Large Scale Generation Certificates from reach agreement with Sapphire Wind Farm, Sapphire Wind Farm’s proposed 270MW and continue to build Australia’s growing project. This landmark agreement will see pipeline of renewable energy projects. This Flow Power grow its New South Wales week we also opened a Sydney office to grow presence and add a third wind offering to its our footprint in NSW. We are committed to portfolio. bringing the benefits of corporate renewable PPAs across Australia, and to reach New South Sapphire Wind Farm is owned by Grassroots Wales is a milestone for us.” Renewable Energy, a joint venture of CWP Renewables and Partners Group. Sapphire He continues: “With four successful was developed by CWP Renewables is agreements under our belt, we are well currently under construction and due for positioned to support the integration of

Page 14 (Click on relevant project links to go to online Project Database) renewable generation and gradually reshape New wind farm developments the Australian power market. We are starting to see businesses save on what can be their bring jobs to most costly expenditure – energy – while 11 October everyday Australians benefit from greater Two new wind farm developments supported investment in renewable generation and by the Andrews Labor Government’s Victorian lower energy costs delivered by wholesale Renewable Energy Targets (VRET) reverse demand response.” auction are delivering new industries and jobs for Geelong. Source: Flow Power Minister for Energy Lily D’Ambrosio was in NEW PROJECT Geelong to announce the development of the Vestas Renewable Energy Hub (VREH) – which Tilbuster Solar Farm will build wind turbines for the 180 megawatt Location: Approximately 6km north‐west of (MW) Berrybank Wind Farm and the 336MW the Tilbuster township in northern NSW . Capacity: Up to 300 MW Developer: Enerparc Global supplier Vestas has been nominated as Expected cost: $300mil to $350mil the preferred supplier of wind turbines for the LGA: Armidale two projects, triggering the investment in the Description: The proposed project would be hub. located on an agricultural property of approximately 150 ha. It is anticipated that The VREH will directly employ up to 27 locals, the proposed solar farm would include train hundreds of staff in wind turbine development of the following infrastructure: maintenance and support local wind turbine - Construction facilities including laydown and manufacturing in Australian for the first time parking areas. in over 10 years. It will also include: - PV modules and inverter stations. - A Wind Turbine Manufacturing Facility for - Single axis tracker or fixed mounting systems the assembly of 100 turbine hubs and 50 drive on steel frames. trains for the Dundonnell and Berrybank - An energy storage facility. Storage projects requirements will be 40Mw/h or less, battery - The Western Victorian Service Support technology is yet to be determined and Centre to service the successful VRET projects subject to change based on detail design. and existing Vestas projects in MacArthur and - Site office and maintenance building Challicum Hills including monitoring container. - Wind Turbine Technician Training through a - Internal access tracks. Memorandum of Understanding with - Transformers and substation, including Federation -University to support the Ballarat ancillary equipment. Renewable Training Centre (BRETC), training - Security fence and cameras. at least 20 technicians per year - Electrical cabling including overhead lines - Australian Main Component Logistics and and underground electrical conduits to Maintenance Centre to house wind turbine connect the PV arrays onsite to the newly major components built substation. - The Wind Carbon Research Partnership with - Access road upgrades. Carbon Nexus, a Deakin University initiative to - Construction of creek crossings where research the next generation of carbon fibre required. specifically for use in wind turbine blades. Contact: Benjamin Hannig Managing Director To support long term renewable energy Enerparc Australia investment in Victoria, Vestas has also signed Tel: (02) 8311 1338 an agreement with GeelongPort to use its Email: [email protected]

Page 15 (Click on relevant project links to go to online Project Database) shipping facilities and 40,000m2 of laydown Vestas boosts Victorian area located at Corio Quay South. renewable jobs and The Berrybank farm will include 43 turbines, investment with Renewable while the Dundonnell facility will feature 80 turbines. Both projects will use 64 per cent Energy Hub in Geelong local content under the Labor Government’s 11 October Victorian Industry Participation Policy. Vestas today announced the establishment of the Vestas Renewable Energy Hub (the Hub) The Labor Government’s first renewable in Geelong, a multi-disciplinary industry energy auction will generate more than 900 development initiative that will support and MW of new clean energy, driving down expand the Victorian renewable energy energy prices for Victorian families. Together, sector. these projects will generate $1.1 billion of economic investment in regional Victoria and Today's announcement is part of Vestas' create more than 900 jobs, including 270 commitment to supporting the Victorian apprenticeships and traineeships. Renewable Energy Target through developing the Hub concept in direct response to the key Quotes attributable to Minister for Energy, initiatives outlined in Victoria's New Energy Environment and Climate Change Lily Technologies sector strategy. This D’Ambrosio announcement follows the state “These wind farms will not only drive down government's award of State support energy prices across Victoria, they will create agreements to the Berrybank and Dundonnell jobs here in Geelong.” Wind Farm projects, both of which are Vestas partners. “All of this is at risk under Matthew Guy, who has promised to scrap our renewable energy The Hub will feature a full range of activities, targets and the thousands of jobs they’re including turbine subcomponent assembly, creating if he becomes Premier.” wind park maintenance, logistics, and advanced materials and manufacturing Quotes attributable to Member for Geelong sciences. In the process, the Hub will create Christine Couzens 25 new local jobs in Geelong and inject up to “This hub will bring more local jobs to A$3.5 million in the local economy. Geelong in an industry that is only going to get bigger.” "As a premier regional port with a highly skilled workforce and world-class research “Unlike the Liberals, we’re supporting the facility, Geelong was the logical choice for our renewable energy industry and ensuring it has investment," said Anders Runevad, CEO & the certainty to invest in Geelong.” Group President, Vestas Wind Systems A/S. ( https://www.bloomberg.com/quote/VWS:DC) Source: Victorian Government "The Hub would not have been possible without the support of the state government and its efforts to secure competitively-priced renewable energy while maximising the positive impact on the community. In addition to directly creating local jobs, the Hub will also present many opportunities for regional businesses and the whole Victorian supply chain".

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The Renewable Energy Hub forms part of a Launching the funding at Monash’s Clayton multi-disciplinary industry development campus today, Monash University President initiative by Vestas, which also includes: and Vice-Chancellor, Professor Margaret 1. Establishing the Western Victorian Service Gardner AO, said the Smart Energy City Support Centre, to service the growing Vestas project demonstrated Monash’s commitment turbine fleet in Western Victoria; to working with industry to develop solutions 2. Entering into a multi-year partnership with for pressing global issues. Federation University's Ballarat Renewable Training Centre to deliver training and “This project builds upon the University’s employment opportunities for wind turbine $135 million commitment to reach net zero technicians; emissions by 2030, and to develop strong 3. Establishing the Vestas Australian Main partnerships with industry to help modernise Component Logistics Centre in Geelong, a Australia’s energy system,” Professor Gardner specialist facility for the largest turbine spare said. “It will leverage Monash’s investment to parts; date, and provide a platform for our 4. Manufacturing wind turbine assemblies in academics to deliver industry-relevant partnership with local contract research and teaching.” manufacturers; 5. Forming a partnership with Deakin The Smart Energy City project will see the University's Carbon Nexus to research the development of a Microgrid at Monash next generation carbon fibre to use in making Clayton. Using Indra’s Ingrid AGM software wind turbine blades longer, stronger and platform, the Microgrid will enable control of more productive. various distributed energy resources deployed as part of the Net Zero Initiative, including a With its regional headquarters in Victoria and minimum of 1MW of solar panels, 20 the new renewable energy hub in Geelong, buildings, electric vehicle charging stations these initiatives demonstrate not only the and 1 MWh of energy storage. strength of Vestas' existing presence in the region, but also its long-term commitment to Giovanni Polizzi, Indra Australia’s Energy supporting the renewable energy sector in Solutions Manager, said, “Indra actively Victoria. invests in emerging technologies and innovative projects and we forge strong Source: Vestas partnerships with organisations developing cutting-edge technologies. We’re pleased to be a key technology partner in this leading Monash and Indra secure initiative in which Indra’s intelligence leverages edge computing using both ARENA funding for Smart centralised and distributed components to Energy City monitor and control distributed grid elements in real-time. It will allow Monash to control 12 October and optimise when and how energy is used Monash University continues to play a leading across the campus.” role in the transformation of Australia’s electricity system, with the launch of the The Microgrid will enable Monash to Monash Smart Energy City project. demonstrate how a 100 percent renewable

electricity system can operate reliably, and Monash, with industry partner Indra and the the value it can provide to consumers and the Australian Renewable Energy Agency broader energy network. (ARENA), today announced they have been successful in receiving $2.9 million through “Through the Net Zero Initiative, we will be ARENA’s Advancing Renewables Program for sourcing 100 percent of our electricity from the Monash Smart Energy City project.

Page 17 (Click on relevant project links to go to online Project Database) renewable sources by 2030. The Microgrid partnership with Monash’s Buildings and will enable us to demonstrate how smart Property Division to deploy and operate the control of our distributed energy resources Microgrid over the two-year project can enable this, whilst providing benefits to timeframe. our customers on campus and the broader energy network,” said Scott Ferraro, Program ARENA CFO Ian Kay said the project would Director of Monash’s Net Zero Initiative. help Monash University transition to renewable energy. As Australia’s largest University, Monash will “The project will use Monash University as a be using the Smart Energy City project to ‘living laboratory’ that will help universities undertake world-leading research and form their own microgrids and take control of teaching. their energy usage.

“The Microgrid provides a living laboratory for “Universities use a significant amount of our researchers and students to tackle the power during the day, Indra and Monash have pressing issues facing Australia’s electricity offered a solution that can reduce peak sector,” said Director of the Monash Energy demand and place the education sector on a Materials and Systems Institute, Dr Jacek path towards renewables,” Mr Kay said. Jasieniak. For further information on Monash’s Net Zero The funding from ARENA will bring the total Initiative, visit the Zero Net Initiative website. project funding to $7.1 million, and will provide for deployment and integration of Source: Monash University Indra’s software platform onto the University’s assets. Indra will work in

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