Origin secures renewable energy contract

23 November 2011: Origin and ACCIONA have signed a long-term power purchase agreement in which Origin will be supplied the renewable energy generated by ACCIONA’s Gunning Wind Farm. Located in close proximity to Origin’s own Cullerin Range Wind Farm, the 46.5 MW Gunning Wind Farm was recently completed by ACCIONA, a global leader in the renewable energy sector, and commenced generating renewable energy in April 2011.

As the leading Australian integrated energy company, Origin has a large portfolio of diversified renewable energy opportunities, including geothermal, hydro, solar and wind, and holds a leadership position in the green energy market, with more than 554,000 green energy customers. Under the terms of the agreement with ACCIONA, Origin will be supplied with Large-scale Generation Certificates (LGCs) from 1 January 2012 for two years, then both green power and LGCs for 8 years, with options to extend.

Source: Yourindustrynews