Stanwell proposes 500-MW wind farm near Queensland coal-fired power complex
The Collgar wind farm. Source: www.collgarwindfarm.com.au
September 26 (Renewables Now) - Queensland government-owned energy group Stanwell Corp on Monday unveiled plans to install an up to 500-MW wind farm as part of its efforts to evolve its portfolio to include renewable and low emission energy sources.
The Aussie firm has joined hands with renewable energy developer RES Group to execute the scheme near its Tarong coal-fired power station.
To be located 30 kilometres southwest of Kingaroy, the Tarong West wind farm will become part of the Southern Queensland Renewable Energy Zone. It could be financed with AUD 776 million (USD 504.7m/EUR 523.8m) through the Queensland Renewable Energy and Hydrogen Jobs Fund, subject to board and shareholding minister approval.
Stanwell Corp intends to be the sole owner and operator of the proposed wind park. It expects final investment decision on the project to be taken in the second quarter of 2024, with construction to commence within the same year. Commercial operations are due to be launched from 2026.
Once in operation, the Tarong West Wind Farm will be supplying power to around 230,000 homes.
“Full ownership of the Tarong West Wind Farm project would support the decarbonisation of our existing portfolio, enable us to meet our customers’ demand for renewable energy products, and provide future career development opportunities for our people,” said CEO Michael O’Rourke.
Stanwell is currently working on a 150-MW battery project near the Tarong station. The project was initiated last year and is planned to go live in 2023.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.