Energy
0

GE to Help Develop Biggest Wind Farm in Australia

GE to Help Develop Biggest Wind Farm in AustraliaGE to Help Develop Biggest Wind Farm in Australia

GE has announced that it has entered into an agreement with the Powering Australian Renewables Fund to both supply and install 123 wind turbines for what is set to be Australia's largest wind farm.

The Coopers Gap Wind Farm is due to be completed in 2019 and will be located 250 kilometers northwest of Brisbane, Queensland. PARF is a partnership between AGL Energy Limited and the Queensland Investment Corporation, CNBC reported.

In a statement on Thursday, GE said the 453-megawatt wind farm will produce around 1.51 million megawatt-hours of renewable energy every year. This would be enough to power the equivalent of over 260,000 "average Australian homes" and cut carbon dioxide emissions by 1.18 million tons annually.

Breaking the agreement down, GE said it would deliver 91 3.6-MW turbines and 32 3.8-MW turbines.

According to the Australian Renewable Energy Agency, wind energy is the country's fastest growing renewable energy source for electricity production.

"Australia is a great market for wind," Pete McCabe, president and CEO of GE Renewable Energy's Onshore Wind business, said in a statement.

"After the US, it is GE's second largest region globally for renewable energy. While we see lots of opportunities in Australia, we need to continue to have policy certainty to drive investment."

 

Add new comment

Read our comment policy before posting your viewpoints

Financialtribune.com