November 15 (Renewables Now) - Australian renewable energy developer Energy Estate has tied up with MirusWind in a project that will add up to 4 GW of wind, solar and energy storage capacity in New South Wales.
Called the Walcha Energy Project, it will be the biggest single renewable energy project in Australia’s main grid -- the National Electricity Market (NEM), Energy Estate said on Thursday. The proposed complex will be located near the town of Walcha, Northern Tablelands region, and will incorporate wind, solar photovoltaic (PV), pumped hydropower and other storage technologies.
The complex will be installed in several stages, with construction of the first one set to begin in 2020. Electricity generation from that portion is planned for 2022.
The proposal also envisages the construction of a new substation, creating a “renewable energy hub” near the town of Uralla. According to the developers, the plan fits with the recently released strategy of transmission network operator TransGrid for setting up new infrastructure facilities so as to back the expansion of renewables across the main grid.
“The recent dramatic falls in the cost of new wind and solar generation means this is now the right time to move ahead with a project of this size and impact in NSW,” commented Vincent Dwyer, principal of Energy Estate.