Melbourne Renewable Energy Project: 14-strong consortium to develop 80MW wind farm
A group of leading Melbourne businesses, universities, council groups and cultural institutions are joining forces to deliver a 39-turbine, 80MW wind farm in Ararat, Victoria.
The Melbourne Renewable Energy Project comprises 14 organisations: the University of Melbourne, RMIT, Federation Square, City of Port Phillip, City of Yarra, Moreland City Council, Bank Australia, Zoos Victoria, Citywide, National Australia Bank, Australia Post, Melbourne Convention and Exhibition Centre and NEXTDC.
The planned wind farm will be owned and operated by Pacific Hydro and the power will be supplied by its retail arm, Tango Energy. The group plans to purchase 88GWh of energy, which is the equivalent to powering more than 17,000 households in Melbourne for a year.
- Renewable energy the key focus at SA’s Smart Energy Summit
- What you need to know about Australia’s new Smart Energy Council
- Read the latest issue of Business Review Australia here
City of Melbourne Deputy Lord Mayor Arron Wood said: “We expect that more than 140 jobs could be created in the construction phase, with around eight ongoing jobs in the operation and management of the facility.
"This power purchasing project will be an Australian first. It shows that large organisations can combine their purchasing power to support the development of new renewable energy plants in regional Australia.”
At the moment, around 17% of Victoria’s energy is provided by renewable sources, something which this project and others looks to build on. It is thought the wind farm will save 96,000 tonnes of greenhouse gas emissions, the equivalent of removing 22,000 cars from the road.
- Wind power could provide $10.5bn boost to Australian communities – reportCorporate Finance
- NSW approves construction of Australia’s largest wind farmCorporate Finance
- Blockchain to power new P2P renewable energy trading platform in MelbourneTechnology
- Battery storage wars: Sanjeev Gupta to overtake Musk with world’s largest batteryLeadership & Strategy