Edify Energy has reached financial close on its Ganymirra and Majors Creek solar and battery hybrid projects in Queensland, marking another milestone in the company’s renewable energy development program.
Located near Woodstock in North Queensland, the integrated projects will comprise 360MWp of solar generation and 300MW/1,200MWh of battery storage.
In a news release, Edify said the projects are expected to be operational in 2028 and capable of generating enough electricity to power more than 100,000 homes.
The projects are being financed through a greenfield renewable energy portfolio financing package involving 14 domestic and international lenders. Edify said approximately $3.2 billion in project financing has been committed across Ganymirra, Majors Creek and its Smoky Creek and Guthrie’s Gap projects, which reached financial close in May.
Ganymirra and Majors Creek are supported by the Australian Government’s Capacity Investment Scheme, and are Edify’s third and fourth projects to reach financial close with support from the scheme.
The projects will combine solar generation and battery storage using reverse DC-coupled technology and grid-forming inverters.
Edify said the configuration will allow solar energy to be stored and dispatched during periods of higher demand, while supporting network stability.
Edify CEO Ben Warne said the latest milestones demonstrated the company’s progress in moving projects from development towards construction.
“Successive milestones across Smoky Creek, Guthrie’s Gap, Ganymirra and Majors Creek projects demonstrate the strength of our business, our people and our ability to consistently progress projects from concept to construction,” Warne said.
He said the combination of solar generation, battery storage and grid-forming technology would contribute to the electricity network’s future energy needs.
The projects are expected to employ around 400 local workers during construction, with a further 10 ongoing positions during operations. Edify said more than $450 million is expected to flow into regional communities through local supply chains, employment, First Nations businesses and related economic activity.
“Projects succeed when communities share in the prosperity,” Warne said. “Ganymirra and Majors Creek are backed by commitments to local procurement, employment, training and long-term Community and First Nations funding.”
DT Infrastructure has been appointed as EPC contractor, CATL as battery supplier and Powerlink as network and connection works head contractor.
Edify said the projects are supported by shareholder La Caisse and form part of its broader renewable energy development and delivery program.
