Origin Energy has announced it will commit to a 530MW long-term power purchase agreement (PPA) for the Stockyard Hill Wind Farm in Australia.
Under the terms of agreements executed with Goldwind, Origin will sell Stockyard Hill Wind Farm for AUS$ 110 million and sign a long-term PPA from the commencement of operations in 2019 to 2030. Origin will agree to buy all of the power generated by the wind farm and the associated Renewable Energy Certificates (RECs) for a PPA price of below AUS$ 60/MWh. The Stockyard Hill Wind Farm will be located about 35 kilometres west of Ballarat, Victoria. The project will feature 149 wind turbines and will have a total of capacity of up to 530 MW.
