TPP 0.00% 8.8¢ tempo australia ltd

Good to see some movement here.. Perhaps we may soon get an...

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  1. 1,434 Posts.
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    Good to see some movement here..

    Perhaps we may soon get an update regarding the LOI for the Victorian Solar Farm... The announcement was made back in Feb 18 read

    1. Letters of intent for Victorian solar projects
      In addition to the contracts, Tempo has also recently received two binding letters of intent totalling $23 million from a leading International Power Company (IPC) for the following works:
      • Supply and installation of a high voltage substation for a 100 mega-watt solar farm; and
      • Engineering and construction of all plant for a 35 mega-watt solar farm, including
        mechanical, electrical and civil works, HV substation, and procurement of electrical cables.
        The commencement of works is subject to the IPC reaching agreement on a Power Purchase Agreement as part of the Victorian Renewable Energy Auction Scheme, expected in the third quarter of 2018.
        “These letters of intent are validation of our large project service offering and the work that has occurred over the past 12 months to develop relationships with key partners in the renewable and power energy space,” said Mr Bergomi.


    Numurka Solar farm happens to be 100 Megawatts and owned by an IPC (French company Neoen)

    https://numurkahsolarfarm.com.au/


    The project looks to have recently been financed and construction about to kick off

    The Numurkah solar farm – which at 100MW (AC) will be the largest solar facility in Victoria, at least for a while – has reached financial close and will begin construction next week.

    https://reneweconomy.com.au/victori...s-financial-close-to-power-steel-works-11109/
 
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