wiredInUSA May 2017

Aussie wind investment

The site of the Mount Gellibrand wind farm Photograph courtesy of victorianvolcanoes.com

Acciona Energy, Spain, has started work on the 132MW Mount Gellibrand wind farm, in the Australian state of Victoria, with an estimated investment of $258 million Australian dollars (approximately $195 million in USD). The electricity generated at Mount Gellibrand will be traded on the wholesale electricity market. Last year, the Victorian government committed to purchasing the renewable energy certificates generated from 66MW of the wind farm following a public tender process.

The contract allows the government to buy certificates for up to ten years.

“We are very pleased to have achieved viability for 132MW of wind power capacity in Victoria, whichwill mean higher investment, more jobs and a greater contribution of clean energy to the community, within our clear growth strategy in the country,” said Acciona Energy Oceania managing director Andrew Thomson, speaking during the site’s ground breaking ceremony, also attended by Victorian renewable energy advocate Simon Corbell, Colac Otway shire mayor Chris Potter, and local business and community representatives.

25

wiredInUSA - May 2017