“Terregra Renewables is committed to South Australia and focused on strategically developing high quality solar assets that add to grid capacity while helping the local region.”
Terregra Renewables is owned by the listed Indonesian company PT Terregra Asia Energy Tbk. It intends to have 35MW of projects constructed throughout 2019 and in Indonesia the company will develop, build and operate more than 500MW over the next 5 years.
The 5MW project will include approximately 16,100 PV modules and two containerised inverters. In total, Terregra Renewables is now investing almost $16 million in South Australia and will generate approximately 80 jobs during the construction of the Moyhall and Mobilong solar farms.
It continues a series of utility-scale solar investments at the smaller end of the market, which for many investors is considered a sweet spot.
South Australia has seen another two such developments – at Jamestown and Whyalla – while a range of similar projects have been built or are under construction in Queensland,. NSW and Victoria, and in W.A. where the 10MW Northam solar project was recently completed.