Bundaberg Solar Farm (BUSF1)

Solar · Bundaberg Development Pty Ltd · Solar PV - Single axis tracking

Dispatch stats Financials
Development AEMO: Committed QLD1 Solar - Solar NEM data · 24 hours
78 MW
Registered nameplate capacity
24 hours revenue
$-1.9k
Capacity factor
26.6%
Revenue / MWh
$-3.91
Est. SRMC
$14.55/MWh

Energy flow

Dispatch target (cleared) vs availability — 5‑minute intervals. QLD1 regional price (RRP) on right axis.

Key information
Capacity
78 MW

AEMO status Committed
Project status Development (AI)

Region QLD1
Coordinates —

MLF 0.9323
DUID BUSF1
Owner Bundaberg Development Pty Ltd
Commissioned Dec 2025
Expected closure 2055
Closure date —
Technology Solar PV - Single axis tracking
Fuel Solar - Solar
Module OEM —
Module / inverter supplier —
Inverter OEM —
Inverter model —
Stats window
19 Sep 2026 02:40 → 20 Sep 2026 02:40 AEST

Dispatch & revenue

19 Sep 2026 02:40 → 20 Sep 2026 02:40 AEST

Energy revenue (× MLF)
$-1.9k
FCAS revenue (× MLF)
$0
FCAS volume
— MWh
Dispatched
497.5 MWh
Available
— MWh
Curtailed
— MWh
Curtailment
—
of available
MLF used
0.9323
end of period

Revenue (× MLF)

Estimated $ per interval — energy (RRP) and FCAS (regional FCAS prices), both × MLF.

Methodology & assumptions

  • Dispatch & availability — AEMO Next Day Dispatch UNIT_SOLUTION (5‑minute intervals). Intervention intervals excluded.
  • Regional price — dispatch_price RRP matched by settlement time and NEM region (from generator registry).
  • Energy revenue (× MLF) — cleared MW × (5/60 h) × RRP × MLF.
  • FCAS revenue & volume — cleared FCAS MW from DISPATCHLOAD (raise/lower 6s, 60s, 5min, reg) × (5/60 h) × regional FCAS price × MLF. Volume is total FCAS enablement MWh across services.
  • State of charge — INITIAL_ENERGY_STORAGE (MWh at interval start) from UNIT_SOLUTION, published for bidirectional/storage units. Next-day data — the SOC line lags real time by up to a day.
  • Curtailment — estimated economic curtailment when availability exceeds dispatch target: max(0, availability − cleared) × (5/60) MWh.
  • Not settlement — estimates only. AEMO settlement applies DLF, rebids, constraints, and other factors not modelled here.
MLF history (AEMO daily)
Effective fromMLF
2026-02-24 0.9677
2026-07-01 0.9323

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
78 MW
Revenue (× MLF) (stats)
See dispatch stats link above
Est. SRMC
$14.55/MWh
Capex total (greenfield)
$106.96M

Shown in table
$106.96M (2026 real AUD)

Reported / source value
$101.40M (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).
Capex refurbishment
—
Capex / MW derived
$1,371,308

Shown in table
$1.37M (2026 real AUD)

Reported / source value
$1.30M (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).
Fixed OPEX (annual)
$19.38M

Shown in table
$19.38M (2026 real AUD)

Reported / source value
$18.37M (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).
Fixed OPEX / MW-yr
$248,477

Shown in table
$248.5k (2026 real AUD)

Reported / source value
$235.6k (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Benchmark fixed O&M value for the reference solar PV case used as fallback.

Reference
2024 Energy Technology Cost and Technical Parameter Review (medium confidence)
Source recorded 05 Jun 2026
Variable OPEX / MWh
$14.55

Shown in table
$14.55 (2026 real AUD)

Reported / source value
$13.79 (2024 nominal)
Adjusted to 2026 real AUD using Australian CPI (All Groups).

How this was derived
Benchmark variable O&M value for the reference solar PV case used as fallback.

Reference
2024 Energy Technology Cost and Technical Parameter Review (medium confidence)
Source recorded 05 Jun 2026
Fuel cost / GJ
—
Heat rate GJ/MWh
—

Confidence: medium · Status: ai estimated · Capex basis: default · AI checked 05 Jun 2026

Notes
No plant-specific greenfield capex announcement could be verified from the owner/developer or government sources in the available search results. GPG Australia confirms Bundaberg was under construction in 2024 and identifies it as a 100 MW photovoltaic project; however, the sources located do not provide a total project cost. O&M and life assumptions were therefore proxied from AEMO/Aurecon 2024 large-scale solar PV benchmarks. The benchmark values found are for utility-scale solar PV and indicate single-axis tracking has higher capital cost and maintenance requirements than fixed-tilt systems. The fixed O&M figure retrieved appears to be an annual total for a hypothetical large-scale project rather than a per-MW figure, so it should be reviewed before use in valuation models.

Sources