GFG enters strategic partnership with Shanghai Electric
SIMEC Energy Australia (SEA), a member of Sanjeev Gupta’s global GFG Alliance, has signed a key strategic partnership with Shanghai Electric for engineering, procurement and construction (EPC) for the Cultana Solar Farm project in South Australia earlier this week.
According to the press statement on the GFG Alliance website, the agreement was signed by GFG Alliance executive chairman and CEO, Sanjeev Gupta, and President of Shanghai Electric, Huang Ou.
Cultana is the first project of SIMEC Energy Australia’s landmark US$1 billion, 1GW dispatchable renewable energy program in South Australia. With capacity of 280MW, Cultana is expected to produce around 600GWh of energy per year, powering GFG’s Whyalla Steelworks and a range of key government and commercial customers.
Cultana will deliver a range of benefits to the local community, increasing reliability and security of the state’s electricity supply and environmental benefits. The project is set to boost local employment, with ~350 positions during construction.
“Cultana Solar Farm is an ambitious project that will deliver globally-competitive renewable energy on a large scale to power-heavy industry. It is a great step forward in our vision to revitalise industry and we look forward to working with our partners to bring our renewables projects to life,” Gupta said.
GFG previously announced its ambition to invest in up to 10GW of large-scale solar and other renewables projects across Australia, supporting industry.
Shanghai Electric, will provide EPC for the Cultana project. Shanghai Electric’s global expertise includes the completion of the world’s largest concentrated solar power project in Dubai.
“We are fortunate and grateful to have the global expertise of Shanghai Electric,” Mr Gupta said. “Shanghai Electric have embodied the best form of partnership, working hand in glove with our people in Whyalla to develop the project. We are confident of their performance, to deliver this project on time, and on budget, to the highest standards, supporting our commitment to the creation of hundreds of new local jobs in South Australia.”