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AGL to convert Loy Yang to renewable energy hub

It will be used as a facility for solar panel materials recovery.

AGL Energy entered a memorandum of understanding with Solar Recovery Corporation (SRC) to conduct a feasibility study for a solar panel materials recycling facility at the AGL Loy Yang plant, converting it into the Latrobe Valley Energy Hub.

In a statement, AGL said the facility is targeted to remanufacture end-of-life solar panels, adding that the feasibility study will also include training and employment opportunities for the local community.

READ MORE: AGL, global firms partner in bid to develop offshore wind in Australia

Markus Brokhof, AGL Energy COO, said the MOU is a first step in turning the coal plant into an industrial renewable energy hub.

“We are pleased to be partnering with the Solar Recovery Corporation to build a recycling facility at our Loy Yang site. AGL will also recycle our end-of-life solar panels at the company’s facilities as we work together to achieve a lower carbon future and build a circular economy,” he said.

AGL targets to exit coal-fired generation by mid-2035 and develop 12 gigawatts of renewable capacity by 2036. It also aims to repurpose its sites into industrial hubs.

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