United Green has entered the Australian energy market with the purchase of a majority stake in the proposed Rodds Bay Solar Farm, according to several news reports.
Rodds Bay Solar Farm is a 300-megawatt solar farm project located 50 kilometers (31 miles) south of Gladstone, Queensland, according to the project’s website. The solar farm is being developed by Renew Estate, an Australian renewable energy company.
A solar farm of this size is expected to produce 625 gigawatt hours of renewable energy each year, which is enough to power approximately 88,000 homes.
The project will feature high-efficiency photovoltaic (PV) modules mounted on a single-axis tracking system, which will position the solar modules to follow the sun from east to west each day.
The operational lifetime of the solar farm is 30 years, at which time the site will either be decommissioned or continue to operate after potentially being refurbished.
