29 April of 2022
Iberdrola Australia has recently announced the achievement of a new milestone. The company has acquired rights over the 1000MW Mount James Wind Farm development, located in north Queensland, approximately 80 kilometers north of Hughenden.
The investment marks an important step in Iberdrola Australia’s commitment to the Queensland market and the north Queensland region. North Queensland benefits from abundant wind and solar resources, large, sparsely populated landholdings, and an established skilled labor force with a proven track record in constructing and operating large-scale energy infrastructure projects.
Iberdrola Australia believes this region will play a major role in delivering Queensland’s 50% renewable by 2030 target (QRET) and also has the potential to become a significant hub for green hydrogen and green material export corridor. In this context, the Mount James Wind Farm development site is now one of the foundation assets of Iberdrola Australia’s green energy growth strategy in Queensland.
Iberdrola Australia’s Chief Executive Officer and Managing Director, Ross Rolfe, AO, has said: “Our investment in Mt James occurs in the context of a much broader strategic commitment to the Queensland market – one that puts the customer at the centre of the renewable energy transition by committing to provide a more comprehensive and integrated suite of green energy products and technologies. This will provide Queenslanders with many opportunities arising from the energy transition. We look forward to working closely with the Queensland government as well as the workers and communities who will be impacted by the energy transition to deliver this strategy.”
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Source: Iberdrola Australia