Solar Power Purchase Agreements
A host customer agrees to have solar panels installed on its property, typically its roof, and signs a long-term contract with the solar services provider to purchase the generated
VicGrid today announced it has identified a corridor and a draft preferred route for the transmission to connect offshore wind energy from G... VicGrid has taken up the role of planning Victoria's electricity transmission network, with a new independent board to oversee its work.
VRET projects that will help make up the mix include the Berrybank and Dundonnell wind farms, the Cohuna and Winton solar farms, and the Bulgana Green Power Hub. The SEC says it will also buy LGCs from the privately owned renewables projects, if needed.
SEC CEO Chris Miller says when it enters the market on July 1, the SEC will be servicing approximately 5 per cent of the Victorian electricity market. But the plan is to expand the offering to commercial and industrial businesses later in the year.
“The SEC is back – and it's powering Victoria with cheap, reliable, publicly-owned renewable energy,” Victorian premier Jacinta Allan said on Tuesday. “Families want help with the cost of living, and I'm on their side. So is the SEC.”
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