News

Project

Staff Reporter

, Australia

Published:

2 months ago

Photo by Sam Forson: https://www.pexels.com/photo/three-gray-wind-turbine-243138/

Australia invests $64.5m in wind project

The project will supply power to the dam with the fourth largest copper deposit globally.

Australia’s Clean Energy Finance Corporation will be providing around $64.5m (A$99m) to French renewables firm Neoen to support the development of the second part of the Goyder South Stage 1 Wind Farm.

In a statement, the Department of Climate Change, Energy, the Environment and Water said a 203-megawatt (MW) wind farm will supply electricity to The Olympic Dam copper mine in the north of South Australia.

ALSO READ: Australia unveils roadmap for domestic solar manufacturing

Olympic Dam has the fourth largest copper deposit globally which is used to produce wind turbines, batteries, and solar panels.

The department added that the wind farm will be supported by a 238.5 MW/477 MW-hour of storage from the Neone’s Blyth Battery which will help supply half of the mine’s power needs with 70 MW of baseload power.

The investment will create 400 construction jobs on the wind farm, 40 jobs at Blyth Battery, and 15 permanent positions during the operation.

Follow the link for more news on

Australia Renewable Energy

Also Read

EGAT and Sweden partner on biomass and hydrogen storage

Masdar and Bapco Energies to Develop 2 GW of Wind Projects in Bahrain

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit