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RES, Energy Estate to collaborate on 2-GW renewables hub in Queensland

Solar panels in Queensland. Photo by: Sander van Dijk. License: Creative Commons. Attribution 2.0 Generic.

May 18 (Renewables Now) - UK-based Renewable Energy Systems Ltd (RES) has teamed up with Aussie advisory firm Energy Estate to develop a 2-GW-plus hybrid renewable energy project in Queensland, Australia.

The two are working together on the so-called Central Queensland Power project (CQP), which will bundle wind, solar and storage developments in proximity to Gladstone, with new transmission infrastructure. The new plants will be strategically located within the Fitzroy Renewable Energy Zone and are expected to be delivered over the next 10 years alongside the establishment of a “robust and resilient” renewable energy supply chain.

Apart from helping decarbonise the heavy industry and local community in Central Queensland, the project will also create potential for domestic businesses to benefit from longer-term fixed energy prices through power purchase agreements (PPAs), the announcement says.

“As they proceed through development, construction and operations, in total the projects are expected to create over a thousand local jobs and the overall investment in the projects will inject millions of dollars into the local economy,” commented Simon Corbell, chief advisor of Energy Estate.

In Queensland, RES has developed the 72-MW Emerald solar farm and the 180-MW Dulacca windpark, while Energy Estate has worked on the 300-MW Rodds Bay solar project through its affiliate Renew Estate.

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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