Community Benefits

Capacity Investment Scheme

Corop Solar Farm & Battery has been selected as a successful project under the Australian Government’s Capacity Investment Scheme (CIS). 

This means the project has been recognised as an important contributor to Australia’s renewable energy future, with government backing helping to provide investment certainty and enable the delivery of reliable, clean energy and battery storage for the community.

How the Scheme Works

The Government provides revenue protection. The project still sells its electricity into the market and earns revenue in the normal way. But if market revenue falls below an agreed level, the CIS can provide financial support. If the project earns significantly more than the agreed level, the Government can receive a share of the upside.

Community Benefit Sharing Program

The project has made a number of commitments to provide long term benefits to the local community including:

• A Community Benefit Fund to be provided annually for up to 30 years distributed and administered through Rushworth Community Bank,
• Training and Development Funding,
• Dedicated First Nations Benefit Sharing Commitments.

Scholarships

OX2 is exploring opportunities to partner with regional TAFEs and Universities associated with our projects under development. The goal of this partnership is to establish scholarships that build the skills and knowledge needed for the renewables industry. 

These scholarships could support a broad range of study options, including university degrees, vocational training, and short courses. 

Student Technology Access Program 

OX2 has established a Student Technology Access Program to repurpose company laptops no longer in use. These devices will be refurbished and provided to students at local schools, helping bridge the digital divide for those who may not otherwise have access to essential technology.