Hydro Tasmania is seeking to increase its renewable energy generation to meet growing energy demands and support the state’s industrial expansion.
Image: pv magazine
Hydro Tasmania is looking to sign a commercial offtake agreement with the developers of large-scale solar or wind projects that can deliver up to 1,500 GWh annually and be operational within the next five to six years.
The state-government owned entity said it is seeking proposals from new solar and wind developments across the state to help bring more power into the Tasmanian grid.
Hydro Tasmania Executive General Manager Commercial Vedran Kovac said the open tender is part of efforts to incentivise new renewable developments that can work in concert with hydropower to meet the state’s growing energy demands.
“Investment in new solar and wind projects will enable existing and future energy-intensive industries to expand in Tasmania,” he said.
“The best way to meet future demand is a combination of wind, solar and hydropower.”
Kovac said certainty around the Marinus Link high-voltage cable between Tasmania and Victoria had been a green light for project developers and an offtake agreement was the next piece of the puzzle.
“Signing an offtake agreement with a credit-worthy party like Hydro Tasmania is an important step for wind and solar developers to secure attractive financing terms to progress their projects,” he said.
“It has to be commercial and stack up for Tasmanians, but working together, we can bring new energy online for the state.”
In 2024, Hydro Tasmania struck a power purchase agreement with TasRex for the approved 288 MW Northern Midlands Solar Farm being developed near Launceston in the island state’s north. The offtake agreement will see Hydro Tasmania take 100% of the generation from the project that when operating at full capacity, will be Tasmania’s fourth largest generator.
Hydro Tasmania said the open tender aligns with the state government’s focus on expanding renewable energy to help meet energy needs both in Tasmania and in the National Electricity Market as a whole
The expression of interest closes at 10am on Friday 5 December.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
More articles from David Carroll
Please be mindful of our community standards.
Your email address will not be published. Required fields are marked *
Comment *
Name *
Email *
Website
Save my name, email, and website in this browser for the next time I comment.


Δ
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.
By subscribing to our newsletter you’ll be eligible for a 10% discount on magazine subscriptions!
Δ
Legal Notice Terms and Conditions Privacy Policy © pv magazine 2026
pv magazine Australia offers bi-weekly updates of the latest photovoltaics news.
We also offer comprehensive global coverage of the most important solar markets worldwide. Select one or more editions for targeted, up to date information delivered straight to your inbox.
Δ
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy. ×
The cookie settings on this website are set to “allow cookies” to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click “Accept” below then you are consenting to this.
Close

source