The article was originally posted at Renew Economy. View the original here. A wind farm installed in Victoria by New Zealand renewables giant Meridian Energy is now fully operational and connected to the grid, after all 64 turbines went live … Continue reading Mt Mercer 131MW Wind Farm Switched on in Victoria
Meridian Energy Australia’s previously delayed Mount Mercer Wind Farm in Victoria nears completion as the forthcoming Renewable Energy Target (RET) review cools industry confidence.
64 wind turbines with a collective capacity of 131 megawatts will be added to the National Electricity Market by midyear thanks to Meridian’s $260 million dollar investment outside of Elaine, Victoria.
The project will result in carbon dioxide emissions reductions of more than 400,000 tonnes per annum, and once complete, according to The Courier, “will generate enough renewable energy to power almost 100,000 homes – or the whole of Ballarat”.
Thus far the development has created more than 250 temporary jobs since construction began in 2012, and will produce a further 20 permanent maintenance positions for the life of the farm. But whether or not such benefits will be able to spread elsewhere relies for now on the outcome of July’s 2014 RET review and any doubts it might seed. Continue reading “RET Watch: Mt Mercer a RET success but future developments suffer”
Todays news has seen two wind farms getting the go-ahead, and one abandoned by its proponent.
Giles Parkinson at Renew Economy reports on the Taralga wind farm in NSW:
CBD Energy said it has signed a power purchase agreement with TRUenergy that will allow construction of the 108MW Taralga wind farm to begin later this year – its first utility scale wind project in Australia.
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The $250 million Taralga wind farm – which won approval only after a fierce court battle – had been in doubt about the failure of the AusChina joint venture that CBD Energy signed last year to take the project forward. However, CBD then took on the principal development role to secure the PPA and equity and financing partners. The PPA is a key element in gaining financing, and partners and the EPC contractor are expected to be announced soon.
And on the Mt Mercer project, proponent Meridian energy has announced it will begin construction in December 2012. A contract has been signed with turbine manufacturer REpower to supply the turbines. Continue reading “Wind farms: two steps forward, one step back”