Solar · Vena Energy Services (Australia) Pty Ltd · Solar PV - Fixed
03 Jun 2026 16:35 → 04 Jun 2026 16:35 AEST
| Capex total (greenfield) |
$269.22M
How this was derived Reference |
|---|---|
| Capex refurbishment |
—
|
| Capex / MW |
$1,620,710
How this was derived Reference |
| Capex / MWh storage |
—
|
| Fixed OPEX (annual) |
$2.39M
How this was derived Reference |
| Fixed OPEX / MW-yr |
$14,400
How this was derived Reference |
| Variable OPEX / MWh |
$0.00
|
| Fuel cost / GJ |
$0.00
How this was derived Reference |
| Heat rate GJ/MWh |
0.00
How this was derived Reference |
Confidence: medium · Status: ai estimated · Capex basis: estimated · AI checked 04 Jun 2026
Notes
No specific financial data was found for the Belhaven Renewable Project. This may be due to the project's current status or lack of publicly accessible financial reports.
Public search found an AEMO-derived/NEMstats row for Belhaven Renewable Project as a publicly announced 166 MW Solar PV - Fixed project owned by Vena Energy Services (Australia) Pty Ltd, but Vena Energy's public Belhaven page and NSW planning documents located in search relate to the Belhaven BESS, not a 166 MW solar farm. No generator-specific capex, EPC, PPA, O&M contract, heat-rate/efficiency, emissions-intensity, refurbishment or closure data was found for the solar component. Financial values are therefore estimated by scaling AEMO/GHD 2025 large-scale solar PV assumptions for a 200 MW AC, 240 MW DC reference plant. The AEMO/GHD reference plant is single-axis tracking rather than fixed-tilt; this is the closest current Australian utility-scale solar cost source found, so estimates should be reviewed if fixed-tilt-specific Belhaven data becomes available. Capex uses EPC plus land/development cost: (A$259.4m + A$64.742m) / 200 MWac = A$1.62071m/MWac, scaled by 166.11 MWac. Fixed O&M uses A$12,000/MWdc-year and a 1.2 DC:AC ratio, giving A$14,400/MWac-year. Variable O&M is shown as 0 because the source states it is included in fixed O&M. Solar PV heat rate and thermal efficiency are not applicable. Emissions intensity is direct operational Scope 1 only, not lifecycle embodied emissions.
No project-specific capex, O&M, financing, PPA, EPC, heat-rate, efficiency, emissions, refurbishment, or closure disclosure was found for the Belhaven Renewable Project solar unit. The project appears in a NEM generator listing as publicly announced, owned by Vena Energy Services (Australia) Pty Ltd, technology Solar PV - Fixed, with financial assumptions not publicly disclosed. Capex and O&M values are estimates scaled to the user-supplied 166.11 MW capacity from GHD/AEMO 2025 large-scale solar PV assumptions. The GHD/AEMO benchmark is for a 200 MW AC / 240 MW DC single-axis tracking project, not fixed-tilt; it is used because AEMO states current large-scale solar modelling generally uses SAT and recent commitments are mostly SAT. Estimated total capex includes EPC plus land/development: (AUD 259.4m EPC + AUD 64.742m land/development) / 200 MW AC = AUD 1.62071m/MW AC; scaled to 166.11 MW gives AUD 269.232m nominal 2025. Fixed O&M uses AUD 12,000/MW DC-year and assumed DC:AC ratio 1.2, equivalent to AUD 14,400/MW AC-year. Variable O&M is modelled as AUD 0/MWh because GHD/AEMO states it is included in fixed O&M. No expected closure year was found; asset life uses AEMO/GHD 30-year technical/economic life. Refurbishment assumption: inverter refurbishment/replacement around halfway through asset life; for fixed-tilt arrays, tracking mechanism spend is not applicable; modules generally expected to remain through operating life except faults/failures. Retirement benchmark from GHD/AEMO is AUD 110,000/MW AC, implying about AUD 18.27m for 166.11 MW, but this is not included in capex.
Web search found a public generator record for Belhaven Renewable Project as a publicly announced 166 MW Solar PV - Fixed project owned by Vena Energy Services (Australia) Pty Ltd, but no project-specific construction cost, EPC scope, O&M contract, PPA, fuel contract, heat-rate, emissions-intensity, refurbishment, final investment decision, online-date, or closure disclosure was found. Vena's public Belhaven project page currently describes a Belhaven BESS near Wagga Wagga, not the 166.11 MW solar component. Financial values therefore use GenCost 2024-25 large-scale solar PV defaults in real 2024-25 AUD, scaled to the user-provided 166.11 MW capacity. Important caveat: GenCost's LCOE assumptions state that large-scale solar PV is single-axis tracking; AEMO/CSIRO do not provide a fixed-flat-plate large-scale solar cost line in the cited GenCost table, so this is a proxy for Solar PV - Fixed and should be reviewed if project EPC data becomes available. Capex total = 166.11 MW x AUD 1.463m/MW. Fixed opex total = 166.11 MW x AUD 12,000/MW-year. Heat rate, fuel cost and efficiency are not physically meaningful for solar PV; heat_rate is set to 0 and efficiency_pct left null rather than using module efficiency.
No generator-specific capex, O&M, PPA, EPC, heat-rate/efficiency, emissions-intensity, refurbishment or closure disclosure was found for the Belhaven Renewable Project solar PV component. Identity and status are partially verified from NemStats/AEMO-derived generator listing: publicly announced, fixed solar PV, Vena Energy Services (Australia) Pty Ltd, no DUID and no commercial-use date shown. Financial values are estimates scaled to the stated 166.11 MW AC capacity using AEMO/Aurecon 2024 large-scale solar default assumptions for a 200 MW AC, 240 MWp DC single-axis-tracking reference project: total capex includes EPC plus land/development costs. Because the requested technology is fixed PV but AEMO states it models future solar as SAT and does not provide current fixed-flat-plate defaults in the cited 2025 IASR material, these estimates should be treated as technology-default proxies, not reported Belhaven costs. Fixed O&M is converted from AUD 12,000/MWp-DC/year at AEMO's 1.2 DC:AC ratio. Variable O&M is shown as zero because the cited Aurecon cost table states it is included in fixed O&M. Asset life is design life; Aurecon notes operational life may reach 40 years if piles do not corrode and spare parts remain available. No major refurbishment or closure notes were found.
Web search found a public generator listing for Belhaven Renewable Project as a publicly announced 166 MW fixed solar PV project owned by Vena Energy Services (Australia) Pty Ltd, but no official owner page, planning approval, construction contract, project finance announcement, PPA, EPC award, or generator-specific capex/O&M assumptions for the solar project. Vena's official Belhaven page and the NSW Planning Portal relate to Belhaven BESS, not the solar generator. Financial values are therefore default estimates based mainly on CSIRO/AEMO GenCost 2025-26 draft large-scale solar PV assumptions and Aurecon/AEMO solar O&M assumptions. GenCost's large-scale solar PV row is for single-axis tracking, while the nominated generator technology is fixed PV; Aurecon notes fixed-tilt can reduce upfront and maintenance cost relative to tracking, so the capex estimate should be reviewed if a fixed-tilt project-specific estimate becomes available. No closure year or refurbishment plan found; asset-life entry uses the 30-year economic/design life assumption for PV. GHD/AEMO retirement review estimates utility-scale solar PV retirement duration of about 22 weeks, but this is a generic decommissioning assumption, not a Belhaven-specific closure plan.