For the Murra Warra Wind Farm, located 25 kilometers north of Horsham in the State of Victoria, Australia, RES has received planning clearance.
The location is east of the intersection at Murra Warra, between the Henty Highway and the Blue Ribbon Road. When finished, it will be one of the biggest wind farms in the southern hemisphere, with 116 cutting-edge wind turbines with a generating capacity of up to 420 MW. The wind farm, which is owned by RES and Macquarie Capital, would eliminate more than 1.3 million tonnes of carbon emissions annually while producing enough electricity to power up to 248,000 people in Victoria.
The $650 million project will be finished in around two years. The 226 MW initial stage of the wind farm is covered by long-term power purchase agreements, according to a group of substantial energy consumers led by Telstra. The consortium is made up of ANZ, Telstra, Coca-Cola Amatil, and the University of Melbourne.
When completed, RES will have contributed over $1 billion in new renewable energy projects to the State of Victoria, according to RES Australia Chief Operating Officer Matt Rebbeck. “This is our second major project in Victoria.” “RES is the largest independent renewable energy firm in the world and operates in ten nations. We are quite pleased of Murra Warra, a remarkable initiative that has strong support from the local population. Another historic agreement coordinated by Telstra underwrites the first phase of this wind farm, bringing investment, genuine job growth, and carbon reduction to regional Victoria.
Tim Bishop, the head of Macquarie Capital, added that the company has a significant and long-standing commitment to renewable energy globally, including on and offshore wind projects in Asia-Pacific, Europe, and the Americas, and that more and more significant energy consumers are entering into direct contracts with renewable energy producers. According to Macquarie, this direct involvement will significantly aid in the transition of the globe to a reduced carbon economy.
The 75-turbine Ararat wind farm, a 240 MW project that will supply power to over 120,000 homes—roughly 6 percent of Victoria’s households—is approximately two thirds of the way through development.