MPower Group Limited (AU:MPR) has released an update.
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MPower Group Limited has announced the commencement of commercial operations at the Narromine Renewable Energy Project, successfully connecting it to the National Electricity Market at full capacity and adopting a merchant market strategy for revenue. This milestone marks MPower’s first project under its Build Own Operate strategy, with the 6.7MWdc solar project expected to generate over 14,000MWh of energy annually in New South Wales. The project is financed by AMPYR Energy and will contribute to Australia’s transition to clean energy.
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