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Streaky Bay and Coonalpyn Solar Farm – Acquisition by Flow Power

Tetris Energy is pleased to announce that is has reached completion for Flow Power to acquire the 3MW Streaky Bay and 5MW Coonalpyn Solar Farms in South Australia. Construction of these projects has now commenced and is expected to be completed by mid-2020.

Once operational, the Streaky Bay Solar Farm will be the most western generator in the National Electricity Market and will boost the available generation in the western Eyre Peninsula. Located in the Coorong region, the 5MW Coonalpyn Farm is adjacent to the existing Coonalpyn 33kV substation.

Flow Power has secured a contract with The City of Adelaide to meet their electricity needs from both Streaky Bay and Coonalpyn. From 1 July 2020, the City of Adelaide will be completely powered by renewable electricity – a first for any council in South Australia.

Frank Boland, Director comments “Tetris Energy is pleased to reach this exciting milestone with Flow Power to acquire and start construction of the Streaky Bay and Coonalpyn solar farms. Tetris is proud that these solar farms can enable the City of Adelaide on being completely powered by renewable electricity.”

Matthew van der Linden, CEO of Flow Power, added: “As the first Flow Power owned assets, we looked for a trusted partner and projects that we could directly link to our customers. The City of Adelaide will be the first customer powered by generation from both projects, as well as wind, to create a firmer renewable offtake and support the integration of this new generation into the system.”

Lord Mayor of Adelaide, Sandy Verschoor, said that “The City of Adelaide is taking real action on climate change. Being powered by 100 per cent renewable electricity will cut our carbon emissions by around 50 per cent, helping us achieve our goal of being a carbon neutral organisation by 2020. Twenty-five per cent of our power will be sourced from these two solar farms.

“Being constructed in the regional South Australia, they will generate local employment and economic growth in the Streaky Bay and Coorong District Council areas, while also contributing to a more sustainable future, for all Australians.”

These projects follow the successful development of the 5MW Mannum solar farm in 2019. Tetris Energy looks forward to expanding their South Australian renewable energy and social infrastructure portfolio in 2020.

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