Victoria’s mighty moves
It’s a week of ‘big’ news in Victoria, one day the Melbourne Cup, the next news that the 112MW Karadoc solar farm has started generating energy, then the declaration by the Victorian government to lift the renewable energy target from 40 per cent to 50 per cent by 2030 to help deliver up to 5400 MW of new, large scale renewable energy capacity into the state’s grid in the next seven years.
The lifting of targets will help deliver about $9 billion of investment in the renewables sector and create more than 11,000 jobs over the life of the scheme according to Energy Minister Lily D’Ambrosio.
As much as half of Victoria’s energy could be sourced from renewable such as wind, solar and hydro power within 12 years. Already 732MW of new renewable capacity has been built under Labor and a further 3000MW is either under construction or contracted to be built.
There’s more in other quarters too, if reelected this month the Labor government will expand and extend the popular rooftop solar program to renters and body corporates and add a community energy program to Victoria’s RET.
If Labor continues to lead the state, over the coming years Victoria could see more developments such as the 112MW Karadoc solar plant that sits on a 664-acre farm in Northern Victoria. Not surprisingly, it is the state’s largest solar plant, and just this week started generating energy to the grid.
Developed by global renewable energy developer, BayWa r.e. and constructed by Melbourne-based Beon Energy Solutions, Karadoc will be fully completed towards the end of the year.
The 330,000 PV cells are enough to power for 65,000 Australian homes, however a large part of the power generated will be used by Carlton & United Breweries which signed a 12-year Power Purchase Agreement earlier this year.
The brewery has committed to source 100 per cent of its electricity from renewables and will draw 74,0000 MWh of solar energy from the plant once when it is fully completed.
Daniel Gäfke, Managing Director of BayWa r.e. Solar said “We are delighted that this landmark project for Australia, the state of Victoria and BayWa r.e. is now generating green energy. It’s a tremendous achievement and means our Karadoc solar farm is now contributing directly to Australia’s renewable transition and sustainability goals.”
To date BayWa r.e has brought 2 GW of energy online worldwide and manages 5 GW of assets.