The University of New South Wales enters tripartite agreement with Maoneng and Origin to achieve carbon neutrality on energy use by 2020.
“The Solar PPA arrangement will allow UNSW to secure carbon emission-free electricity supplies at a cost which is economically and environmentally attractive when compared to fossil fuel sourced supplies." - Professor Ian Jacobs, President & Vice-Chancellor of UNSW
UNSW established a consortium with Energy Action and Norton Rose Fulbright (legal advisor) to establish a Corporate Power Purchase Agreement (PPA). Through a tailored RFP and negotiation process, the consortium worked to identify a coordinated arrangement between a reputable renewable generator (Maoneng Australia) and a retailer (Origin Energy).
UNSW will purchase up to approximately 124,000 MWh of renewable energy per annum for 15 years, sourced from Maoneng’s 200MW Sunraysia solar farm.