Revenue Projections by Development Stage

Near-Term (FY2026-2027): Gunsynd Operational

Medium-Term (FY2028-2030): Bendemeer Phase 1

Long-Term (2030+): 800 MWp Target

Profitability Margins & Net Profit Estimates

Industry Benchmarks for Operational Renewable Assets

Projected Net Profit by Stage

Key Assumptions & Risks

Assumptions

• Power Prices: A$60-80/MWh for firm solar PPAs in Queensland
• Capacity Factors: 28-32% for Australian utility solar
• Debt Terms: 60-70% project finance at 5-7% interest (post-construction)
• OPEX: A$15-25/kW/year for solar, higher for BESS

Upside Scenarios

Downside Risks

Valuation Implication

Summary

Australia' s Insane Plan to Power Asia with the Sun

Capacity Investment Scheme Tender 4 to deliver 6.6GW of clean energy

This follows the opening of 2 tenders for Western Australia - Tender 5 &ndash WEM Generation and Tender 6 &ndash WEM Dispatchable. Bids close on 7 November 2025. 

Future tenders include:

• Tender 7 &ndash NEM Generation (opening mid-October 2025)
• Tender 8 &ndash NEM Dispatchable Capacity (estimated to open November 2025).

More tenders are planned for 2026.

To help drive the transition to net zero, the Australian Government has set a target to reduce emissions to 62-70% below 2005 levels by 2035. This is the next step on our path to net zero.

Click Above Link To Read More...

In a significant step towards sustainable energy solutions, the Gunsynd Solar project in Goondiwindi, Queensland, has taken a major step forward with  Metis Energy  announcing they are moving into the next phase of the project after green-lighting EPC (Engineering, Procurement, and Construction)  Contractor PCL Construction  to commence works.   

SMEC, appointed as Owner&rsquo s Engineer  in 2022, will bring extensive expertise and experience to the project, having already  assisted Metis Energy in the tender development and evaluation stages and with the EPC contract design review and construction management plan.  SMEC will continue to provide crucial technical and design advice throughout the project&rsquo s lifecycle, remaining actively involved during the construction phase, offering technical support, monitoring activities on-site, conduct comprehensive on-site inspections and commissioning to ensure quality standards are met. 

Once operational, Gunsynd Solar is poised to contribute to Queensland&rsquo s increasingly renewable energy landscape. With a capacity to produce up to  250 gigawatt hours annually, the project will abate approximately 150,000 tonnes of CO2 emissions, contributing substantially to the region&rsquo s sustainability efforts.   

The Bendemeer Renewable Energy Hub wind project will create a range of social and economic opportunities for the Bendemeer region and local surrounding areas, as well as creating environmental benefits for the New England region to build a sustainable future with renewable energy.   

The proposed wind farm will generate an estimated capacity of 950 GWh/year of clean renewable energy, and reduce greenhouse gas emissions by 690,000 tonnes CO2, per year. For scale, the project will generate enough energy equivalent to powering 120,000 NSW homes! 

There are approximately 51 turbines currently proposed for the wind farm. Each wind turbine will have an indicative height from ground to hub of 169m, and a height of 250m from ground to blade tip of the turbine. The project nameplate rating is 360 MW. 

Please note that the proposed wind project is in the preliminary stages of planning. All information will be updated as the project progresses, and will based on outcomes of consultation with NSW DPE, future detailed environmental studies, wind data analysis, constructability reviews and ongoing neighbour and community consultation.