Danish renewable energy developer European Energy said on Thursday it has signed a power purchase agreement (PPA) with U.S. technology company Apple to supply electricity from a new solar project in Australia.
Power will be sourced from the 108-megawatt (MWdc) Lancaster solar park in Victoria, which is currently under construction and expected to come online next year, the company said in a statement.
European Energy Australia country manager Catriona McLeod said the deal highlights the momentum of Australia’s clean energy sector. “This project reflects the pace at which renewable energy development is moving in Australia,” McLeod said. “There is strong demand for clean energy, and partnerships like this help bring new capacity online. The focus is on projects that integrate effectively with the Australian energy system and provide long-term value for the regions where they are located.”
The company said the Lancaster project will contribute to Apple’s plan to bring more than one million megawatt-hours of new renewable electricity online each year in Australia before 2030.
European Energy executive vice president Jens Peter Zink said long-term agreements with major energy consumers “play a constructive role in enabling renewable energy projects.” He added: “When companies make commitments of this nature, it supports investment decisions and brings new generation capacity forward. These partnerships connect demand with new clean supply and help advance the wider energy transition.”
European Energy said Australia remains a priority market, with an expanding portfolio of solar, wind, and battery storage projects. The company added that it continues to work closely with local communities and partners to support national and regional decarbonisation strategies.
