Recently, Recurrent Energy, a subsidiary of Canadian Solar Inc., announced the completion of the sale of the Gunning Energy Park project in New South Wales, Australia. The buyer, an undisclosed European infrastructure investment group, and the transaction amount were not publicly disclosed.
The Gunning Energy Park comprises a 275 MW solar power facility paired with a 120 MW battery energy storage system. Located near the town of Gunning, approximately an hour’s drive north of Canberra, the project is planned to connect to Australia’s National Electricity Market via Transgrid’s transmission lines. Once operational, it will generate sufficient clean electricity annually to power more than 76,000 households, providing significant support for the local energy transition.
