Flow Power Signs 5-Year PPA with Soilco for Renewable Energy Supply
Flow Power has finalized a 5-year power purchase agreement to provide firmed electricity from the Cootamundra Energy Project to Soilco. This agreement aims to reduce Soilco's operational costs and greenhouse gas emissions by approximately 10% while supporting its sustainability initiatives.
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Flow Power will supply renewable electricity to Soilco under a 5-year power purchase agreement, utilizing energy from the Cootamundra Energy Project in New South Wales. The project features a 5.8 MW solar farm and an 8.1 MWh battery storage system, marking the first PPA since battery integration in 2025.
Soilco aims to lower its electricity expenses and cut Scope 1 and 2 emissions by about 10%. The partnership arises from Soilco's engagement in the NSW government's Sustainability Advantage program, enhancing its operational growth and sustainability goals. This agreement highlights a growing trend among businesses to adopt renewable energy solutions to meet environmental objectives.
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