Our sights are firmly set on a sustainable energy future for all of us.
Through the development of utility-scale renewable energy projects, we are powering homes and industry across the globe and helping to reduce our footprint for future generations.
About Polpo
Polpo Investments is an Australian led company with a proven track record of originating, developing and delivering utility-scale renewable energy projects. Working with like-minded sustainability-driven partners across the globe, we bring our particular brand of agility and resourcefulness to develop high quality renewable energy projects.
Our success is built on more than 20 years’ combined experience and a 1+GW portfolio that includes two of Australia’s top performing operating solar farms. Our team has experience in guiding projects from greenfield development and construction through to operation. Projects in our portfolio are beneficiaries to one of the largest corporate PPAs in Australian history and are now owned by blue chip investment firms.
Our projects have made a significant impact to date:
342
MWDC in renewable energy projects in operation
481,600
tonnes of CO2 emissions avoided annually
50,000
homes powered
Our projects – COMPLETED
Suntop Solar Farm and Gunnedah Solar Farm
Commencing in 2016, through a joint venture with Photon Energy NV (WSE: PEN) and later Canadian Solar Inc (NASDAQ: CSIQ) Polpo Investments established a 1GW portfolio of utility-scale solar projects in regional New South Wales (NSW), Australia.
From greenfield through to construction ready, we developed the 189 MWdc Suntop Solar Farm near Wellington in central northern NSW, and the 155 MWdc Gunnedah Solar Farm, west of Tamworth in the state’s north-west . These solar farms entered into corporate power purchase agreements (CPPAs) with multinational tech giant Amazon for a combined total of 165MW of output in 2020 – making it the largest-ever corporate PPA signed in Australia at that time.
Suntop Solar Farm was the largest solar farm commissioned in Australia in 2022, and Gunnedah Solar Farm was the 4th largest, together contributing over 30% of Australia’s newly installed utility scale solar capacity in 2022 (Clean Energy Australia Report 2023 by the Clean Energy Council).
In June 2022, Gunnedah was among Australia’s top performing utility scale solar assets, outperforming any other solar farm in the NSW. Together the farms have a combined capacity of 340+MW, generating more than 700,000 MWh a year, and avoiding more than 450,000 tonnes of CO2-equivalent emissions annually.
Attracting interest from major international energy players, in 2022 the projects were sold to CalEnergy Resources, a subsidiary of UK-based electrical distribution company Northern Powergrid Holdings owned by US investment titan Warren Buffet.
Suntop Solar Farm
Capacity: 189MWdc
Single Axis Tracking solar array
Canadian Solar 440W bi-facial PV solar panels
Land contracted Q3 2017
Received approval Q1 2019
2020 power purchase agreement signed with Amazon for 105MW of the output.
Operation Q1 2022
Australia’s largest solar farm commissioned in 2022
Contributed over 18% of Australia’s newly installed utility scale solar capacity in 2022
Gunnedah Solar Farm
Capacity: 153MWdc
Single Axis Tracking solar array
Canadian Solar 440W bi-facial PV solar panels
Land contracted Q2 2017
Received approval Q4 2018
2020 power purchase agreement signed with Amazon for 60MW of the output.
Operation Q4 2021
Australia’s 4th largest solar farm commissioned in 2022
Contributed over 13% of Australia’s newly installed utility scale solar capacity in 2022
Further projects under development:
350 MW
commissioned
400 MW
permitted
140 MW
early stage of development
Our team
Polpo Investments is founded by brothers Chris and Nick Guzowski who have a more than 20 years’ combined development and investment expertise in the renewable energy space.
Together they share not just a family but a passion for the outdoors and are driven to help preserve the environment and build a sustainable future for future generations.
Polpo is supported by a team of like-minded and highly respected advisors and development partners whose skills include technical due diligence, site optimisation, construction management, project management, development, corporate finance, mergers and acquisitions, investment, asset management and asset disposal.
Chris Guzowski
With more than 15 years developing PV and wind projects across the globe, Chris brings an experienced hand and intimate knowledge of the Australian and European renewables space.
Compelled to use his skills and experience to solve the world’s big problems, Chris has been at the forefront of solar and wind project development in Australia and Europe and is a co-owner of an operating wind farm of 7.5 MW in Poland, as well as an active angel and venture capital investor.
With a Professional MBA in Energy Management from Vienna University of Economics and Business, Vienna, and a Bachelor of Business from the University of Technology, Sydney, Chris spent his early career days at PwC before moving into renewables.
Nick Guzowski
Nick brings his legal expertise to the Polpo Investments team and five years’ of international experience in PV and wind project development.
Nick is deeply committed to enabling the decarbonsation of industry and playing his part in the energy transition. He manages Polpo’s Australian renewables portfolio and is also developing a portfolio of biochar projects in Australia and Asia in his role as CEO of Biocare Projects, a carbon removal project developer.
With a Bachelor of Laws and Bachelor of Accounting from the University of Technology, Sydney, Nick comes from a background in accounting and corporate law, including time with PwC.
Contact Us
General inquiries:
info@polpoinvestments.com