- RES and Energy Estate will work together on 2 GW Central Queensland Power Project in Australia
- The project comprises 2 GW of wind, solar and storage technologies along with new transmission infrastructure
- This capacity will help decarbonize heavy industries operating in the vicinity and also offer long-term PPA to local companies for power generated
A new hybrid renewable energy power plant is being planned in Australia in the form of Central Queensland Power Project (CQP) with 2 GW cumulative capacity comprising wind, solar and storage technologies and new transmission infrastructure. Now joining the Australian presence of English renewable energy developer RES of England in this project is business accelerator Energy Estate.
The 2 GW project near the port at Gladstone aims to decarbonize the heavy industry and the community in Central Queensland. It offers long-term power purchase agreements (PPA) for local companies to pay a fixed tariff for power sourced from the project.
Both the partners say the concept behind the CQP project is to accelerate the development of an integrated portfolio of strategically located wind, solar and energy storage projects in the Fitzroy Renewable Energy Zone over the next 10 years. The exact amount of individual technologies or the timeline of the project is not known.
“The CQP project will draw upon the strengths and experiences of both companies and is perfectly positioned to create jobs, deliver low cost clean energy and support the competitiveness of the region’s existing heavy industry to lead in the capture of domestic and export opportunities in a transforming energy sector,” said RES Australia’s CEO Matt Rebbeck.
The 2 companies have previously worked together on 72 MW Emerald Solar Farm and 300 MW Rodds Bay Solar Farm in Australia.