ZEN Energy to offtake 220 MW from ACEN’s New England Solar project

The procured capacity represents 52% of the project’s first stage. 

ACEN, through its Australia subsidiary, and ZEN Energy Retail signed a cooperation agreement to offtake up to 220 megawatts of electricity from ACEN Australia’s New England Solar Project.

In a statement, ACEN said the electricity procured from the first stage of the solar project will provide a steady revenue stream through the sale of Large-Scale Generation Certificates which are used to cut the cost of renewable energy and promote the use of clean energy sources.

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"Our collaboration with ZEN Energy is more than just a partnership; it is a significant coming together to ensure Australia’s renewable energy landscape is robust and ready to meet future energy demands,” said ACEN Australia Managing Director David Pollington. 

“The agreement with ZEN Energy reduces the need for electricity that could otherwise be sourced at a higher emissions intensity,” he added.

The 11-year deal will represent 52% of the output of the 400 MW New England Solar Project Stage 1. The second stage will start construction in 2024. 

Once completed, the solar and battery project will have a total capacity of 720 MW.