RES has secured a management services agreement to manage the 100MW Merredin Solar Farm in Western Australia.
The Merredin Solar Farm is the first Australian project to be acquired by Indonesian company SUN Energy, a commercial and industrial-focused solar developer.
SUN Energy has engaged the RES team to provide full-scope asset management services, leveraging the company’s extensive experience and established Australian team, including 20 technical/engineering specialists.
50% of the energy from Merredin Solar Farm has been purchased by multi-national mining, metals and gas company, BHP, to reduce the emissions of their smelters.
Alongside the 3GW of assets RES is managing across the National Electricity Market, the Merredin asset management agreement re-enforces RES’ growing presence in the Wholesale Electricity Market.
To date, SUN Energy has recorded the ownership of over 280MWp of solar energy projects in Asia Pacific, including Indonesia, Thailand, Taiwan, and Australia.
Director of RES Asset Management for Asia Pacific Grant Harris commented: “RES is the ideal partner for SUN Energy and new investors in the Australian market. Our 35-strong Australian Asset Management team combines a wealth of experience, knowledge and established connections with industry, with a relentless focus on improving the performance of renewable energy projects, given the unique challenges Australian projects face.”
SUN Energy CEO Phillip Lee states: “Aligning with our extensive business growth these past years, SUN Energy needs to ensure operations run smoothly by choosing the right partner to benefit the performance and generation of Merredin Solar Farm. Accordingly, this partnership will support SUN Energy in becoming a trusted global partner and provider of solar energy.”