Axedale Solar Farm

Solar · UPC Renewables Australia · Solar PV - Single axis tracking

Dispatch stats Financials
Publicly Announced Solar - Solar NEM data · 24 hours
140 MW
Registered nameplate capacity
Est. SRMC
$0.00/MWh

Stats window 29 May 2026 04:00 → 30 May 2026 04:00 AEST

Key information
Capacity
140 MW
Status Publicly Announced
Lifecycle Pre-operating
DUID —
Owner UPC Renewables Australia
Commissioned —
Expected closure —
Closure date —
Technology Solar PV - Single axis tracking
Fuel Solar - Solar

Dispatch & revenue

29 May 2026 04:00 → 30 May 2026 04:00 AEST

No DUID specified. Open this page from the stats list or a generator profile.

Financial overview

2026 real AUD. Monetary values are CPI-adjusted to 2026 real Australian dollars. Greenfield capex uses AEMO benchmarks when plant-specific cost is unknown.
Type
Solar (tracking)
Capacity
140 MW
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$0.00/MWh
Capex total (greenfield)
$226.90M

How this was derived
No Axedale-specific capex was found. The estimate applies the GHD/AEMO large-scale solar benchmark to Axedale’s 140 MW AC solar component and excludes the BESS.

Reference
2025 Energy Technology Cost and Technical Parameter Review - Final Draft (medium confidence)
Capex refurbishment
—
Capex / MW
$1,620,710

How this was derived
Derived from GHD/AEMO benchmark capex including land/development, scaled to Axedale’s 140 MW AC solar component.

Reference
2025 Energy Technology Cost and Technical Parameter Review - Final Draft (medium confidence)
Capex / MWh storage
—
Fixed OPEX (annual)
$2.02M

How this was derived
GHD’s 200 MW AC / 240 MW DC benchmark has AUD 2.88m annual O&M. For Axedale, assumed DC capacity is 168 MW using the same 1.2 DC:AC ratio.

Reference
2025 Energy Technology Cost and Technical Parameter Review - Final Draft (medium confidence)
Fixed OPEX / MW-yr
$14,400

How this was derived
Converted from the GHD DC-denominated O&M benchmark to AC-denominated Axedale capacity.

Reference
2025 Energy Technology Cost and Technical Parameter Review - Final Draft (medium confidence)
Variable OPEX / MWh
$0.00

How this was derived
Recorded as 0 AUD/MWh separate variable O&M, with the caveat that variable costs are included in fixed O&M.

Reference
2025 Energy Technology Cost and Technical Parameter Review - Final Draft (medium confidence)
Fuel cost / GJ
—
Heat rate GJ/MWh
—

Confidence: medium · Status: ai estimated · Capex basis: estimated · AI checked 04 Jun 2026

Notes
No generator-specific reported capex, EPC contract price, PPA price, debt package, fixed O&M contract, or variable O&M contract was found in public sources. Capex and O&M are estimated by scaling the current GHD/AEMO 2025 large-scale single-axis tracking solar PV benchmark from 200 MW AC / 240 MW DC to the user-supplied 140 MW AC Axedale solar component, assuming the same 1.2 DC:AC ratio, giving an implied 168 MW DC array. Estimated capex includes EPC plus land and development costs but excludes the co-located BESS. FRV’s March 2025 announcement describes Axedale as a 140 MWac PV plus 50 MW/100 MWh BESS project acquired without external financing; no acquisition price was disclosed. Project-specific FAQ states typical solar farm operation of about 35 years, after which the site would be refurbished or closed and decommissioned. GHD’s generic 2025 cost benchmark uses a 30-year economic and technical life and notes likely inverter refurbishment/replacement around halfway through life, with possible tracker-drive mechanism spend for single-axis tracking arrays. GHD also estimates retirement costs for large-scale solar PV at AUD 110,000/MW AC, implying about AUD 15.4 million for a 140 MW AC solar farm, but this has not been added to capex.

Sources