Solar · UPC Renewables Australia · Solar PV - Single axis tracking
03 Jun 2026 18:55 → 04 Jun 2026 18:55 AEST
| Capex total (greenfield) |
$226.90M
Shown in table How this was derived Reference |
|---|---|
| Capex refurbishment |
—
|
| Capex / MW |
$1,620,710
Shown in table How this was derived Reference |
| Fixed OPEX (annual) |
$2.02M
Shown in table How this was derived Reference |
| Fixed OPEX / MW-yr |
$14,400
Shown in table How this was derived Reference |
| Variable OPEX / MWh |
$0.00
Shown in table How this was derived Reference |
| 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.