Stanwell has signed a 15-year, 380 MWp power purchase agreement (PPA) with Acciona Energia to purchase the entire output of the Aldoga Solar Farm, which is being developed about 20 km northwest of Gladstone, Australia.
The generated energy will fuel the Central Queensland Hydrogen Hub (CQ-H2), currently under construction near the solar facility. The solar farm, valued at AUD 500 million (US$313.9 million) and authorized to expand to 600 MWp, is slated for construction commencement in the upcoming months. Acciona has affirmed that it will be finalized before the conclusion of 2025.
Stanwell is collaborating with Australian and Japanese energy firms in a consortium to create the CQ-H2 project. Initially, the project will focus on installing up to 640 MW of electrolyzers to generate green hydrogen for both domestic consumption and exports, starting in 2028. There are plans to scale up the project to exceed 3 GW of electrolysis capacity eventually.
Country updates
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October 18, 2023
Work begins for 2 GW Borumba Dam pumped hydro project in Queensland
Queensland Hydro has started exploratory work and detailed site investigations for the 2 GW Borumba Dam pumped hydro project in Queensland, Australia. Exploratory drilling to assess the sit...
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October 17, 2023
CS Energy to Co-Own 372-MW Queensland Wind Project With Green Investment Group
CS Energy has planned to acquire a 50% stake in the 372-MW Boulder Creek wind farm project being developed by Macquarie Asset Management’s Green Investment Group (GIG) in Queensland, A...
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October 12, 2023
Approval granted for 1.2 GW/2.4 GWh battery system project in Australia
Australia’s federal government has granted approval for a 1.2 GW/2.4 GWh battery system at a site northwest of Melbourne.
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October 12, 2023
AGL and NBN Co sign six-year renewable energy PPA
AGL Energy and NBN Co have signed a six-year power purchase agreement (PPA), with NBN purchasing approximately 90 GWh of renewable energy annually and the associated certifica...
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October 06, 2023
Octopus purchased largest battery installation in Queensland
Octopus Investments Australia has purchased the 500 MW/1 GWh Blackstone big battery project from its initial developer, Firm Power in Queensland, Australia. The proposed site for the installatio...
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