The government of New South Wales has launched a request for expression of interest (RFEOI) for the development of up to 3 GW of wind, solar, and energy storage projects that would create a Renewable Energy Zone (REZ).
The REZ involves the coordinated development of new grid infrastructure in energy-rich areas to connect multiple renewable generators in the same location, supported by storage and other complementary technologies. REZs capitalize on economies of scale, unlocking new and cost-effective generation. They also provide increased opportunities for upfront strategic planning and early community engagement.
The pilot REZ will be established in Central-West NSW and would represent about AUD4.4 billion (US$2.9 billion) of investment. The development in the renewables energy hub is expected to commence in 2022.
The registration of interest to participate in the tender is on June 5, 2020.
Tender document can be accessed on our business opportunity page here.
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