NEW Long-Term Power Purchase Agreement For Kingaroy Solar Farm

Mytilineos of Greece and Smartest Energy Australia have signed a long-term Power Purchase Agreement (PPA) for the 40 MW Kingaroy Solar Farm in Queensland, Australia.

Mytilineos owns Kingaroy Solar Farm, which is part of a 237 MW portfolio in Australia that completed financial completion in December 2022. Smartest Energy Australia will purchase renewable energy from the solar farm and sell it to its C&I customers in Australia.


Smartest Energy, a worldwide and people-powered renewable energy firm, provides dependable, creative retail solutions for clean energy, paving the route to a 100% renewable energy system in Australia, the United Kingdom, and the United States.

Long-term agreements, such as the new Kingaroy PPA, not only help guarantee new assets are created but also continue providing clean energy for decades in Australia, where solar and energy storage technologies can be critical to a sustainable energy future.

Mytilineos’ Kingaroy Solar Farm is nearing completion and will be operating in late 2023. This PPA allows Mytilineos to develop the solar farm with project finance, advancing Mytilineos’ renewables build-out strategy in the Australian market.

The Australian portfolio of Mytilineos totals 376 MW. The majority of projects are linked to long-term green PPAs with several offtakers. The overall capacity of Mytilineos’ worldwide RES portfolio, which includes projects in different countries and at various phases of construction, is increasing.

Source : Smartest Energy

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