Queensland’s largest wind farm announced
 

January 2020

Queensland's largest wind farm announced  

UPCOMING EVENTS 

Rystad Energy Gullkronen Awards 2020
January 28, 2020
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RYSTAD ENERGY PRODUCT HIGHLIGHTS 

RenewableCube: Up to date, detailed, and comprehensive database of solar, wind and storage assets in Australia, India and SE Asia

Renewable product updatesIn December 2019, 44 Australian assets developed by 29 companies were added to the RenewableCube, accounting for 14,960 MWac of capacity. Of the 44 new projects, 21 are solar, 8 are storage, 6 are wind and 9 are hydrogen electrolysers. Data for a further 52 projects, representing 15,443 MWac, was updated.


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The Queensland government on the 19th of December released a statement about the proposed Wide Bay Wind Farm. The plan is for a large-scale wind farm of 1200 MWac to be developed on state forest land between Gympie and Maryborough in Queensland. The wind farm would be owned by Forest Wind Holdings, a joint venture between CleanSight and Siemens Financial Services.

 

Palisade enters the top 10 renewable developers list with the acquisition of Snowtown 2

The Snowtown 2 wind farm, one of Australia’s largest operating wind farms, became the topic of industry buzz recently when Tilt announced the sale of the installation to Palisade Investment Partners and First State Super for A$1.073 billion. With the acquisition of the Snowtown 2 wind farm, Palisade moves into the top 10 utility PV, wind and battery developers in Australia.

 

Australia surpasses 50.4 GWac of capacity added to RenewableCube in 2019

2019 was seen by many as a year of challenges for the utility renewables industry in Australia. Challenges and uncertainties including, but not limited to network capacity, marginal loss factors, commissioning, new generator technical performance standards, the fallout from RCR and state/federal elections resulted in a slowdown in the number of projects breaking ground. However, at the front end a total of 50.4 GWac of utility-scale renewables projects were proposed across the country. These ranged from small ventures of only 1 MWac to export projects, e.g. Sun Cable proposing a 10 GWac solar farm and 22 GWh associated battery. The amount of proposed capacity is over double that proposed in 2018.