European Energy signs record-breaking power purchase agreement in Australia

The developer has signed the largest corporate power purchase agreement (PPA) to date in Australia with Rio Tinto.

European Energy will work with Rio Tinto to develop, construct and operate the 1.3 GW solar farm, located approximately 50 km southwest of Gladstone, Queensland. The project is subject to approvals and grid connection | Photo: European Energy

European Energy is not exactly resting on its laurels at the moment. On Wednesday, the Danish developer announced that it has signed the largest corporate PPA in Australia to date with Rio Tinto.

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