PROJECT UPDATE - ALTENERGY

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PROJECT UPDATE - ALTENERGY
Project Update
Week ending 12 June 2020

Sustainable Energy Action Plan
out for comment
8 June
The City of Stirling has set its sights on
sourcing 100 per cent of its electricity from
renewable sources in the next 10 years under
an ambitious plan released for comment.                Some of the actions outlined in the plan
                                                       include:
The Sustainable Energy Action Plan also sets           - Increasing energy efficiency with monitoring
the City a target to reduce its carbon                 systems to switch off energy sources when
emissions by 70 per cent within the same               not in use
period.                                                - Increase the amount of energy provided by
                                                       renewable sources, like Solar Photovoltaic
Significant     changes     to    behaviour,           (PV), and purchase renewable power though a
maintenance and monitoring will ensure the             power purchase agreement from a third party
City is well placed to achieve those targets,          - Empower staff to reduce energy
demonstrating its leadership role in a                 consumption and carbon emissions through
renewable energy future and to combat                  day-to-day operations
climate change.                                        - Improvements to the way we manage data
                                                       and reporting.
Mayor Mark Irwin said the City’s key priority
was to reduce the consumption of grid-                 The City’s plan is underpinned by the premise
powered electricity on City infrastructure or          that carbon emission reductions are
replace it with renewable sources.                     considered ‘science-based’ if they comply
                                                       with the Paris Agreements to limit global
“We know that taking this type of action in            average temperature increase to below two
City-owned buildings will decrease carbon              degrees above the pre-industrial levels.
emissions,” Mayor Irwin said.
                                                       The plan is open for community feedback until
“Our targets are ambitious but by setting              the        19        June      2020       at
ourselves these important milestones in a              www.stirling.wa.gov.au/energyplan.
time-bound action plan, we’re making the City
accountable to the community. We also aim              Source: City of Stirling
to review the plan every three years to
determine whether actions need to be
reprioritised.”

Under the new plan, the City would commit to
annual reporting on actions and energy
consumption,    carbon      emissions   and
renewable energy production.

Page 1            (Click on relevant project links to go to online Project Database)
PROJECT NEWS                                            GFG announces updated plan
Glenrowan West Solar Farm                               to transform Whyalla steel
Construction of Glenrowan West Solar Farm in
Victoria is beginning to ramp up! Under SEA’s           into a world leading
coordination as the lead EPC, in May the site           “GREENSTEEL” facility Whyalla
has seen work undertaken in fencing,
substation preparation, roads and laydown               steelworks
areas. Mobilisation of mechanical contractors           10 June
is underway – ready to commence piling                  ▪ Plans revealed for a Direct Reduced Iron
operations in June.                                     facility, and a new Electric Arc Furnace in
                                                        addition to the heavy-section combination
Jinko Solar Co., Ltd. Solar Co have begun               Rolling Mill previously announced to serve
deliveries of the 395W and 400W                         Australia’s rail, mining and infrastructure
photovoltaic modules which will harness the             projects with domestic GREENSTEEL
sun’s energy to provide a total of 149MW-DC             ▪ Will position Whyalla to become a world-
into the National Electricity Market,                   leading, carbon-neutral steel producer,
generating enough emissions free solar power            utilising South Australia’s abundant magnetite
for 41,000 homes whilst annually preventing             resources and Natural Gas, transitioning in
110,000 tonnes of CO2 from entering our                 time to green hydrogen produced from
atmosphere!                                             renewable energy
                                                        ▪ GFG has established an expert global team
WIRSOL Australia is proud to serve as the               to review Whyalla Steelworks’ current
Project Management Company for Glenrowan                performance and to identify and implement
West Solar Farm alongside our partners Signal           improvement opportunities
Energy Australia Pty Ltd and Wirtgen Invest.
                                                        GFG Alliance (GFG) has today announced its
Source: Wirsol                                          updated Whyalla GREENSTEEL Transformation
                                                        Plan in a major milestone for the business, as
                                                        it seeks to secure the long-term future of its
Lotus Creek Wind Farm                                   South Australian based steelworks.
Federal Environment Minister Sussan Ley has
refused Epuron’s proposed approximately 450             This investment blueprint builds on
MW Lotus Creek Wind Farm in Connors                     previously-announced plans for a new Rolling
Range, ~20km west of St Lawrence in                     Mill to be built by Danieli Group, Italy. Today’s
Queensland. The decision cited “clearly                 announcement reveals further plans for a
unacceptable impacts on a matter protected              sophisticated Electric Arc Furnace (EAF) –
by Part 3 of the EPBC Act” in relation to “listed       utilising cutting edge technology for energy
threatened species and communities (sections            optimisation – and a Direct Reduced Iron (DRI)
18 & 18A)”, including the koala and greater             facility to produce low-emission GREENSTEEL
glider. The project consists of the installation        from GFG’s abundant South Australian
of up to 81 wind turbines, each with a                  magnetite resource and domestic steel scrap.
capacity of approximately 5.6 MW, with a
point of connection via a proposed                      The new DRI plant will be fed by Natural Gas,
transmission line running through the site and          in time transitioning to green hydrogen
substation in the eastern portion of the site.          produced from GFG’s own renewable energy
                                                        projects including Cultana – one of Australia’s
                                                        largest solar farms being built in Whyalla.
                                                        Combined, these new facilities will produce
                                                        advanced steel long products for the
                                                        Australian construction, critical infrastructure

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and mining industries for generations to                renewable energy. These are the key
come.                                                   ingredients needed for GREENSTEEL which
                                                        enable this exciting venture. We will more
While there is an exciting future ahead,                than double the value-added steel products
Whyalla’s legacy primary steel making                   we make with our new plant, capturing the
facilities remain financially challenged. To this       growing infrastructure requirements of
end,       leveraging    GFG’s      international       Australia, which are currently being covered
operations, an expert team has been                     by imports.
assembled with a three-month mandate to
identify and implement major cost reductions            “We have to-date invested over $60 million in
and efficiency improvements. GFG’s recently-            the engineering and design work for this
announced global CEO for primary                        project and are now ready to take the next
steelmaking and integrated mining, Mr                   steps of finalising funding and commencing
Paramjit Kahlon, will take direct responsibility        construction. We plan to start construction
for the review, working closely with GFG’s              later this year for the mill, and next year in
Executive Chairman, Sanjeev Gupta, in leading           2021 for the EAF and DRI facilities. With this,
this critical activity. Stakeholders will be            the Whyalla Transformation Project will finally
invited to participate and provide valuable             become a reality.”
insights and recommendations.
                                                        Commenting on GFG investments in Whyalla
The review, which will conclude in September,           and plans to undertake a three-month review,
will build on initiatives already in place,             Mr Gupta said:
including the first wins at Whyalla’s aged              “Since buying the business out of
Rolling Mill hitting a record production of             administration in 2017, we have made
40,000 metric tonnes in May. The                        significant investments in the Whyalla
international members of the review team are            operations,     completed      much-needed
already utilising communication technologies,           maintenance – after years of under-
engaging key stakeholders remotely until such           investment by previous ownership – and
time as arrangements can be made for them               introduced a comprehensive continuous
to travel to Whyalla given the current COVID-           improvement program thanks to the hard
19 constraints. GFG has also put in place extra         work of our employees.
funding arrangements to ease pressure on the
challenged business while the review                    “Despite the substantial improvements that
undertakes the turnaround to identify savings           have been achieved, the existing Whyalla
and efficiency gains.                                   facility – especially when faced with the
                                                        additional impact from COVID-19 – remains
Commenting        on     GFG’s      GREENSTEEL          financially-challenged.
Transformation plan, Mr Gupta said:
“This exciting plan will not only transform the         “I am committed to taking a direct and
Whyalla business into an internationally-               personal role with the review team. Our
competitive steel manufacturer, it will be our          global experts have experience in returning
first primary steel plant to be transformed to          similar assets to financial viability in difficult
GREENSTEEL, helping fulfil our ambition to              conditions, and I am confident that with the
become the world’s largest carbon-neutral               cooperation of all our stakeholders, the
steel producer by 2030.”                                existing Whyalla steel making operations will
                                                        continue to operate during the three-year
“I believe in domestic manufacturing in                 transition period while the new GREENSTEEL
Australia using its abundance of natural                plant is built.”
resources. South Australia, in particular, has
one of the largest deposits of magnetite ore,
and some of the best conditions for

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Commenting on GFG’s commitment to its                   Collector Wind Farm project
workforce, local community and suppliers, Mr
Gupta said:                                             completion
“It is important that we all embrace change as          10 June
we drive towards financial viability of our             The Civilex team has completed RATCH-
current operations, in-turn enabling our long-          Australia’s Collector Wind Farm project in
term vision of a sustainable, world-class,              NSW delivering high-quality infrastructure in a
carbon-neutral steelworks at Whyalla,                   duration that has brought mutual project
supported by a vibrant and growing                      benefit. We’re proud of achieving the civil
community,” he said.                                    completion two months ahead of schedule
                                                        and excited to see turbines being erected.
“Finalising the funding and the ultimate
construction of the Transformation Project,             Together with RJE Smarter Engineering, Civilex
while ensuring the immediate financial                  was awarded the Collector Wind Farm
viability of the operations, will enable GFG’s          balance of plant contract by global sustainable
vision of a revitalised, world-class Whyalla            energy solutions provider Vestas in May 2019.
operation to become a reality.                          The Civilex RJE Global Consortium will deliver
                                                        the balance of plant work for the Collector
“With the continued hard work and                       Wind Farm, located just outside of Goulburn,
commitment of all our employees and                     NSW.
stakeholders, I remain confident that we will
be successful in our mutual goal of creating an         All teams on this project worked together to
exciting and vibrant future for generations to          effectively plan and execute on a common
come.”                                                  goal. It was great to see the hard work,
                                                        planning and collaboration between the
Source: GFG Alliance                                    entire project team result in a seamless start
                                                        to the first foundation pour right through to
                                                        the 54th.
NEW PROJECT
                                                        Civilex Project Director Matthew Willis
Pacific Solar Hydrogen                                  commends the team and said, “Big thanks to
Location: Callide, Queensland                           our valued subcontractors and suppliers
Capacity: 3600 MW                                       including Divall’s, Nathan’s, Concrete for
Developer: Austrom Hydrogen                             Goulburn, ASCT, Bereza, Coates, NARLA,
Status: Project announced                               iCubed and T.R.E.E.S who worked closely with
Description: Land acquired in proximity to              the Civilex team ensuring accelerated targets
existing power infrastructure ready for the             were maintained. Also, thanks to the Vestas,
development of a solar farm and battery                 WSP and RATCH-Australia teams both on- and
facility with a capacity of up to 3,600 MW.             off-site who supported the delivery of the civil
Environmental impact studies and irradiance             phase of works through collaborative and
monitoring initiated on site in line with the           open communication to achieve best project
next step of the development process. This              outcomes.”
area was selected due to its proximity to
Gladstone Port and robust existing grid                 The consortium looks forward to the same
offering low line losses. Potential to produce          positive outcomes on this project for the
over 200,000 tonnes hydrogen per year.                  remainder of the electrical works.
Contact: Tonny Jorgensen
Director                                                Source: Civilex
Austrom Hydrogen Pty Ltd
Tel: 1300 923 391
Email: austrom@ah2.com.au
Website: https://ah2.com.au/

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PROJECT NEWS                                            NEW PROJECT
Edenvale Solar Farm                                     Windradyne Solar Farm
Public comment on DPI Group’s proposed                  Location: Eglinton, NSW
Edenvale Solar Farm, located 20km south of              Capacity: 200 MW
Chinchilla in Queensland, under the federal             Developer: Neoen
government’s EPBC Act. The project will                 Status: Early stage planning and community
consist of installation of approximately one            engagement
million solar panels on single axis tracking            Description: Planned for a property in Eglinton
structures across the 392 hectare project site          which is a suburb in northern Bathurst. The
and building a substation to connect to the             Windradyne Solar Farm would create
Powerlink ‘Orana’ transmission substation,              approximately 230 jobs during construction.
immediately west of the project. The project            Contact: Anne Frederic
is anticipated to take approximately one and a          Project Manager
half years to construct and has been approved           Neoen
by Western Downs Regional Council. Battery              Email: anne.frederic@neoen.com
storage of undisclosed capacity is included in
the project. It is expected that the project will
support up to 300 construction jobs and                 PROJECT NEWS
between 6 and 10 full time jobs during
operation.                                              Kiamal Solar Farm
                                                        Engineering and assembly of a large scale
                                                        Synchronous Condenser for the Kiamal Solar
Valley of the Winds Wind Farm                           farm, located in North West Victoria,
UPC\AC Renewables proposed Valley of the                Australia.
Winds Wind Farm, near Coolah in New South
Wales, has been opened for public comment               Commissioned on the 17 February 2020, it is
under the federal government’s EPBC Act. The            now ready for commercial operation.
project      includes      construction       of
approximately 175 wind turbines and                     Global climate change poses new challenges
supporting infrastructure including a high              for power generation and transmission and
voltage transmission line which would run               we are delighted to have supported Total Eren
approximately 65 kilometres to the existing             with renewable energy projects and
Bayswater to Mt Piper 500 kV transmission               contributing to the security of the evolving
line. The wind farm would be located close to           National Electricity Market in Australia.
the township of Coolah, in the Warrumbungle
Local Government Area (LGA). The wind                   Tony Croagh, Managing Director, VINCI
turbines will be broadly located in three areas         Energies’ Omexom Australia noted: “This
known as the Mount Hope, Girragulang, and               project is of great significance to VINCI
Leadville clusters supplying approximately 800          Energies in the region as it solidifies its
MW of electricity into the National Electricity         strategic vision of growth for its renewable
Market (NEM).The turbines will be sited on              energy contracting services. This project
ridgelines within cleared land that is currently        highlights the strength of bringing VINCI
being used for livestock grazing. The wind              Energies’ and Siemens’ international expertise
farm development footprint is expected to be            as well as local knowledge together to offer
approximately 2,100 ha in size. The                     world class solutions to an increasingly
transmission option footprints range from 715           international client base in the energy sector
– 1030 ha impact based on the current centre            in Australia”.
line.
                                                        Source: Omexom Australia

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Carnegie participating in four                          NEW PROJECT

awarded BECRC projects                                  Ledcourt Solar Farm
11 June                                                 Location: Ledcourt, Victoria
Carnegie is pleased to announce its                     Capacity 4.95 MW
involvement in four short-term scoping                  Developer: ACEnergy
projects recently awarded funding by the Blue           Description: Located at 4785 Western
Economy Cooperative Research Centre                     Highway, the Ledcourt Solar Farm will contain
(BECRC). The BECRC is coordinating a $300m+             the following specifications:
programme to advance Australia’s blue                   Fenced Compound Area: 10 ha (approx.)
economy in the areas of seafood production,             Proposed Tenure: 30-year Lease
marine renewable energy and offshore                    Project AC Size: Sub-5 MW
engineering.     These    projects    involve           Total number panels: Approx. 19,000 x 400 W
collaboration over the next 6 months                    panels (DC)
between industry and academia and will serve            Connection Type: 22 kV Tee (Powercor to
to guide the BECRC’s future work programme              extend into land)
and funding allocations.                                Mounting Kit: PEG Design
                                                        Contact: Rodd Zhang
Carnegie is a partner in the following projects:        Principal Engineer
o Offshore/High Energy Sustainable Hybrid               Tel: (03) 9813 2307
Power Systems                                           Email: admin@acenergy.com.au
o Operational modelling for offshore
aquaculture & energy
o Blue Economy Biofouling Challenges and                Solgen awarded further cairns
Possible Solutions
o Integrating Blue Economy Governance
                                                        regional council solar contracts
Integrity Research                                      11 June
                                                        Construction is underway on four mini solar
Over the next 6 months, Carnegie’s team will            farms, and additional roof-mounted solar
contribute expertise to the projects through a          panels, at five of the Cairns Region’s Waste
modest amount of staff time which will help             Water Treatment Plants (WWTP).
guide the direction of future BECRC research.
                                                        The mini solar farms will generate an
Carnegie has no obligation to pay BECRC for             estimated 2.92 gigawatt hours of energy each
the projects and will not be paid for its work.         year, which will provide 25 per cent of the
                                                        total energy requirements of the wastewater
Carnegie expects the research outcomes from             treatment plants and feed some power back
these projects to deliver increased knowledge           into the grid.
in relation to integration of wave energy in
the blue economy.                                       Cairns Mayor Bob Manning said the
                                                        development would make a significant
Further information can be found on the                 contribution to Council’s emissions reduction.
BECRC website.
                                                        “The solar farms will reduce Council’s overall
Source: Carnegie Clean Energy                           emissions by an additional 7 per cent, and
                                                        increase our solar capacity to 2784 kilowatts,”
                                                        Cr Manning said.

                                                        “This is a significant project, especially when
                                                        you consider that once complete there will be
                                                        a total of 4200 panels installed across five

Page 6             (Click on relevant project links to go to online Project Database)
sites; the average house has 20-30 panels on            Infratil announces opening of
its roof.”
                                                        NZ$50 million Share Purchase
Installation is close to completion at the              Plan
Marlin Coast WWTP, where 756 ground-                    12 June
mounted panels have been installed, and                 Letter from the Chair
work has started on one of larger solar farms,
the Northern WWTP in Aeroglen, where 1484               Dear Fellow Shareholder
panels will be installed.                               On behalf of the Infratil Board of Directors, it
                                                        is my pleasure to offer Eligible Shareholders
The remaining works at the Southern WWTP                the opportunity to subscribe for new ordinary
(1,484 ground mounted panels), Edmonton                 shares in Infratil through this Share Purchase
WWTP (combination of 392 ground and roof                Plan ("SPP"). This opportunity gives all Eligible
panels) and Gordonvale WWTP (84 roof                    Shareholders the chance to purchase up to
panels), are expected to be completed in July.          NZ$50,000 / A$47,000 of new Infratil shares
                                                        without incurring brokerage or other
Solgen Energy Group were awarded the $3                 transaction costs. Eligible Shareholders are all
million contract to build the mini solar farms.         persons who were recorded in Infratil's share
                                                        register as being a holder of Infratil shares and
David Naismith our Chief Commercial Officer,            having an address in New Zealand or Australia
said “We are working with local businesses to           as at 5:00pm Sydney time on 5 June 2020 (in
construct the mini solar farms, which will              respect of shareholders on the Australian sub-
provide over 1.7 megawatts of solar power               register) or 5.00pm New Zealand time on 8
systems    across   Council’s    wastewater             June 2020 (in respect of all other
treatment plants.”                                      shareholders).
“The systems have been designed around                  Purpose of the offer
existing infrastructure and use bifacial solar          The SPP is part of Infratil's equity raising
panels made entirely of glass for longevity.”           initiative announced on 9 June 2020, whereby
                                                        Infratil announced a NZ$250 million
Mr Naismith said this system maximises solar            underwritten      placement        of     shares
production through converting the sun’s rays            ("Placement"), and a SPP of approximately
and reflections to electricity across both sides        NZ$50 million (with the ability to accept
of the panel.                                           oversubscriptions at Infratil’s discretion). The
                                                        Placement was completed on 10 June 2020
“Cairns Regional Council’s solar initiatives are        and successfully raised $250 million.
an outstanding example of reducing costs and
reducing emissions while utilising redundant            The equity raising proceeds will provide
space such as rooftops and reclaimed land,”             additional balance sheet flexibility to fund
he said.                                                growth investments across our existing
                                                        portfolio companies and take advantage of
Source: Solgen                                          new opportunities that may arise as a result
                                                        of current market conditions.

                                                        Our diversified portfolio of businesses with
                                                        strong long term fundamentals has proved
                                                        resilient to the impact of COVID-19. We have
                                                        a long track record of delivering strong
                                                        returns to shareholders and maintain a ten
                                                        year total shareholder return target of 11-
                                                        15%.

Page 7             (Click on relevant project links to go to online Project Database)
Infratil maintains an attractive pipeline of            “Figures provided by Sunshot indicate the
growth opportunities across its portfolio and           Barcaldine Renewable Energy Hub could
we continue to evaluate new opportunities in            create 200 local jobs and attract up to $500
key growth sectors and new geographies.                 million of new investment to the central-
Infratil will continue to apply a disciplined           west,” Mr Dick said.
approach to allocating capital when assessing
potential investments.                                  “It would also help put further downward
                                                        pressure on power prices while strengthening
Source: Infratil                                        our state’s push towards a cleaner energy
                                                        future.

NEW PROJECT                                             “We’re eager to continue harnessing
                                                        Queensland’s natural advantages by investing
Toolern Vale Solar Farm                                 in more large-scale renewable energy
Location: 1375-1415 Holden Road, Toolern
                                                        projects.
Vale, Victoria
Capacity: 14.5 MW AC
                                                        “With the support of local councils, all of
Developer: Tetris Energy
                                                        which are represented on our Remote Area
Status: Seeking development approval
                                                        Planning and Development Board (RAPAD),
Description: Connecting to Powercor grid.
                                                        we’ll now investigate the proposed hub and
Contact: Frank Boland
                                                        how it can be best delivered for Queensland.”
Director
Tetris Energy
                                                        Energy Minister Anthony Lynham said
Tel: (03) 9448 9400
                                                        Queensland was undergoing a renewable
Email: info@tetriscapital.com
                                                        energy revolution with $6.6 billion invested in
                                                        or committed to large scale renewable energy
                                                        projects under the Palaszczuk Government.
State backs Barcaldine as
                                                        “Renewable energy projects have brought
Queensland’s new renewables                             thousands of construction jobs to regional
powerhouse                                              Queensland,” Dr Lynham said.
12 June
The sunny central-west could soon be                    “Our new publicly-owned generator CleanCo
supplying more power to Queensland homes                will also continue to drive renewables with its
and businesses with the Palaszczuk                      remit to bring on another 1000 megawatts of
Government investing $300,000 towards the               renewable generation over the next five
development of the Barcaldine Renewable                 years.”
Energy Hub.
                                                        Other renewable initiatives to be analysed as
Studies into the hub’s development will be              part of the Barcaldine Renewable Energy Hub
conducted by the government’s Central                   include construction of a biosteam turbine
Western Queensland Remote Area Planning                 generator and a 50-megawatt commercial
and Development Board in partnership with               battery for storage.
leading renewable energy company Sunshot
Energy.                                                 Longreach Regional Council Mayor and RAPAD
                                                        Chair Tony Rayner said the board fully
Treasurer and Minister for Infrastructure and           supported the development of inexpensive
Planning Cameron Dick said the proposed                 renewable energy initiatives in the region.
hub, which would feature a new solar farm,
has the potential to turbo-charge economic
growth in the region.

Page 8             (Click on relevant project links to go to online Project Database)
“One of RAPAD’s guiding principles is                   “Queensland is blessed with a blend of natural
exploring opportunities where inexpensive               resources unlike anywhere in the world,” he
local renewable energy can become a key                 said.
enabler   for    the   region’s economic                “The time is right to take advantage of this to
development,” Cr Rayner said.                           drive a new era of investment and growth.”

“This is being backed at a local level too, with        Source: Queensland Government
Barcaldine Regional Council committing
$100,000 towards the proposal.”                         PROJECT NEWS

Barcaldine Regional Council Mayor Sean Dillon
                                                        Gregadoo Solar Farm
                                                        The federal Department of Agriculture, Water
said Barcaldine’s     competitiveness     for
                                                        and the Environment declared Gregadoo Solar
renewable energy and status as a central-
                                                        Farm in NSW not a controlled action so it
northern transport hub provided an
                                                        won’t require further assessment under the
outstanding foundation on which to deliver
                                                        EPBC Act. The proposed 47 MW solar farm
the hub.
                                                        involves the installation of around 122,000
                                                        solar panels mounted on single axis tracking
“This project is more than building wind and
                                                        system, 8 inverter units and an electrical
solar farms – it’s about using this green power
                                                        substation. The solar farm would connect into
to attract new businesses, investment and
                                                        TransGrid’s       Gregadoo        substation.
jobs into the region,” Cr Dillon said.
                                                        Construction is expected to take up to 9
                                                        months. The project was acquired from
Mr Dick said maximising Queensland’s unique
                                                        original project developer Green Switch
resources mix was critical to the state’s post-
                                                        Australia by Hanwha.
COVID recovery.

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