Epuron Acquires Australian PV Plant From SunPower


Epuron, an Australian renewable energy company, has acquired the 1 MW Uterne solar power plant in Alice Springs, Australia, from SunPower. Commonwealth Bank has provided project financing, making it the country's first major bank to support a solar project of this size, the companies note.

The project was developed by SunPower with the support of Power and Water Corp. Under a solar power purchase agreement, Power and Water Corp. will buy generated electricity at a guaranteed rate over a 20-year term. Following the acquisition, SunPower will continue to provide operations and maintenance services in conjunction with Ogden Power, a SunPower-accredited solar company based in Alice Springs.

The development of Uterne was made possible with funding assistance from the Australian government as part of its Solar Cities program.

Notify of
Inline Feedbacks
View all comments