Posted by: Windfair Editors
RWE and Stanwell sign MoU for two onshore wind farms in Australia
Michael O'Rourke (CEO Stanwell Corporation Limited), Steven Miles (Deputy Premier of Queensland), Markus Krebber (CEO RWE AG) (Image: RWE)Official Press Release RWE:
RWE and Stanwell sign Memorandum of Understanding for two renewable energy projects in Queensland, Australia
RWE and Stanwell Corporation have signed a Memorandum of Understanding (MoU) to deliver two Queensland onshore wind projects with a combined capacity of up to 1.8 gigawatts (GW).
Under the MoU, Stanwell will investigate and assess energy offtakes and potential equity investment in RWE’s Theodore Wind Farm, a project of up to 1,100 megawatts (MW) under development near Biloela, and a second wind farm of up to 720 MW in early-stage development in southern Queensland. According to current plans, the two projects could be completed and start operations by 2029, subject to securing the necessary permits, grid connection and final investment decisions. The proposed Theodore Wind Farm is expected to generate enough electricity to power 410,000 homes, as well as create more than... ... More: Official Press Release RWE
- Keywords:
- RWE, Stanwell Corporation, Queensland, Australia, MoU, onshore, wind farm, project, capacity, jobs, renewable energy, investment, electricity
