Melbourne’s Monash University is calling for expressions of interest for an offsite renewables project to power the school with 45-55GWh of electricity per year, in what is seen to be one of the largest corporate tenders in the country so far.
The university will enter into a 10-year contract with the project developer, which will fund, develop, own and operate the renewable project. The renewable energy source is not specified, opening the door for wind, solar or others. Projects based in Victoria are preferred, but the university also accepts proposals from across the market.
The contract will see the project supply about 55 percent of the university’s annual electricity demand and include the provision of renewable energy certificates, namely Large-scale Generation Certificates, Monash University said.
The submission deadline for EOIs is 9 May.
Local reports estimated the call is equivalent to some 40MW of renewable energy capacity, with the offer being the largest corporate tender in the country so far.
Monash University is the largest university in Australia and the world’s first to issue a certified climate bond. It raised A$218 million ($163 million; €150 million) from the dual-currency offering in December 2016 to fund a portfolio of clean energy projects, including a new green learning and teaching building, library redevelopment, solar panel installation and LED lighting project.
The university also completed installation of a 160kWp solar array at the Clayton campus this February, boosting its solar capacity to 777kWp and total number of solar panels to 4,293. The school said the project marks the start of a major roll out of solar over the next two years.