ACEN finalizes deals for Aussie project
PCL has a solar energy solutions portfolio in Australia, the United States and Canada
ACEN Australia, a unit of Ayala-led ACEN Corp., has completed the awarding of contracts for the construction of the 400-megawatt Stubbo Solar Farm and Battery Project in Australia as part of its massive efforts to expand its global portfolio.
In a regulatory filing on Tuesday, ACEN Australia said it has awarded the Engineering, Procurement and Construction contract of the project to PCL Construction.
PCL will deliver all aspects of the solar project and is responsible for the detailed design, engineering, and procurement of Stubbo Solar. It will also manage ongoing operation and maintenance services in the first two years of operations.
PCL has a solar energy solutions portfolio in Australia, the United States and Canada.
With all major contracts now in place, Sech Zabaleta, chief development officer for ACEN said the significant development in the project is critical in reaching the company’s goal of 20-GW of renewable energy by 2030.
Energy security shift
“Stubbo Solar will contribute to NSW’s energy security and Australia's transition to a clean energy future,” Zabaleta said.
The Stubbo Solar and Battery Project is a renewable energy project that was approved by the New South Wales Department of Planning, Industry and Environment in July 2021.
The project will be at the locality of Stubbo about 10 kilometers north of the historic mining town of Gulgong in the Mid-Western Regional Local Council LGA.
Depending on the final installed capacity, the project will produce about one million megawatt hours of electricity each year, enough energy to power approximately 185,000 average Australian homes.
The project includes a 200-megawatt-hour battery energy storage system, meaning it can dispatch energy when it is needed during peak hours and provide important grid stability services.
The project can connect to the existing 330-kilovolt electricity transmission network.