Sydney, Australia: Surfing the wave of enthusiasmcreated by their recent entry into the Australian renewables market,International renewable energy company Wirsol, has partnered with Australiandeveloper, Renew Estate, to embark on a gigawatt-scale project development pipeline.This news follows an announcement in March heralding Wirsol's successfulacquisition of three new large-scale solar farm projects totaling 198MW, thelargest of its kind in Australia to date. Within the German WIRCON group WIRSOLis the company responsible for the UK as well as the Australian and the widerPacific markets.
Co-located inthe fast-growing Manly renewables tech hub dubbed 'Solar Beach', Renew Estateand Wirsol will develop over 1GW in renewables projects over the coming years.Over 400MW of large-scale solar farm projects are already underway and istargeting commencement of construction in Q1 2018. Mark Hogan, ManagingDirector of Wirsol Energy Limited, expressed his enthusiasm for the newventure. "We are delighted to be working with Renew Estate and want to bring afresh approach to the development of projects in the Australian market. We havealready successfully entered the Australia market with the acquisition of thefirst large scale portfolio of solar farm projects (200MW in QLD and VIC). We have delivered over 1 gigawatts ofinnovative solar projects in Europe and are now committed to developing aportfolio across Australia".
The name RenewEstate reflects the partners' shared goal to deliver projects which meet theexpectations of all stakeholders.
Simon Currie,Global Head of Energy at Norton Rose Fulbright comments "Dramatic falls in thecost of solar and wind energy and storage technologies mean we can now plan fora zero carbon future with affordable, reliable and sustainable energy. Therenewable energy industry should look for opportunities to regenerate andrepurpose existing hubs like Port Augusta and the La Trobe and Hunter Valleys.This is an innovative partnership which will deliver future-ready projectsincorporating storage and enhancing the reliability of the system."
Renew EstateDirector, Byron Serjeantson, echoes the importance of future-ready projects,emphasising that "Great renewables projects will benefit all stakeholders;starting with the community and landowners, local government andindustry and all Australians, who ultimately benefit from a cleanerand cheaper source of energy. By bringing together the right team and workinghard at what we do, we aim to be a key contributor to a strong and well-regardedrenewables industry of the future."
Lookingbeyond their development pipeline in Australia, Renew Estate has identified anumber development opportunities across the Australia-Pacific region, withprojects in Fiji and New Zealand s showing particular promise. "Watch thisspace" says Serjeantson.
For more information:
Rosie King, Director, Engagement and Culture, Renew Estate: rosie@renewestate.com
Andy Scullion, Commercial Manager, Wirsol: andy.scullion@wirsol.de
More about Renew Estate
RenewEstate is an Australian renewables company with a wide range of skills designedto develop renewable energy projects with long term benefits for Australia. Weare passionate about ensuring re considered use of land, technology andinvestment and giving communities the chance to invest in the area they knowbest: their own back yards. Our projects are designed to provide enduringbenefits while remaining adaptive in response to the changing landscape. Formore information visit: http://www.renewestate.com.au
More about Wirsol
WirsolEnergy Limited is a customer focused company in planning, financing,installation and maintenance of renewable power stations of all sizes. Wirsolbrings all of these components together smoothly for customers and investors.Wirsol focuses on carefully selected large onshore wind and solar projects,together with integrated energy management and storage solutions. Wirsol havejust opened Australian offices located, Manly, NSW. For additional information visit: http://www.wirsol.com
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