Sanjeev Gupta’s clean energy company SIMEC Energy Australia (SEA) has signed a strategic partnership agreement with Shanghai Electric to deliver the $350 million Cultana Solar Farm project in South Australia.
Once fully operational, the Cultana Solar Farm will have the capacity to produce around 600GWh of energy per year, powering GFG’s Whyalla Steelworks and a range of key government and commercial customers.
Mr Gupta, who travelled to Shanghai this week to ink the agreement, said Cultana is the first project of SIMEC Energy Australia’s landmark US$1 billion, 1GW dispatchable renewable energy program in SA and a key part of the visionary 10 Mtpa Whyalla Next-Gen steel plant project championed by GFG.
“Cultana Solar Farm is an ambitious project that will deliver globally-competitive renewable energy on a large scale to power-heavy industry. It is a great step forward in our vision to revitalise industry and we look forward to working with our partners to bring our renewables projects to life,” Mr Gupta said.
“Our planned Next-Gen project will ignite a new industrial revolution in Australia. These projects are shining examples of GFG’s commitment to create a sustainable future for industry and build stronger local communities.”
Under the agreement, Shanghai Electric will provide engineering, procurement and construction (EPC) services for the project.
“We are fortunate and grateful to have the global expertise of Shanghai Electric,” Mr Gupta continued.
“Shanghai Electric have embodied the best form of partnership, working hand in glove with our people in Whyalla to develop the project. We are confident of their performance, to deliver this project on time, and on budget, to the highest standards, supporting our commitment to the creation of hundreds of new local jobs in South Australia.”