Partners to develop 2 GW hybrid renewable project in Australia

RES and Energy Estate are working together on the development of a hybrid renewable project in Australia, the Central Queensland Power (CQP) project, which is planned to deliver over 2 GW of wind, solar and storage developments, and new transmission infrastructure. The shared CQP vision is to accelerate the decarbonization of heavy industry and the community in Central Queensland.

The concept behind the CQP project is to accelerate the development of an integrated portfolio of strategically located wind, solar and energy storage projects in the Fitzroy Renewable Energy Zone, over the next 10 years. This includes creating a robust and resilient supply chain for the renewable energy sector in Queensland using the natural advantages of the region and port at Gladstone.

Simon Currie from Energy Estate said, “The Central Queensland Power project is designed to drive the decarbonization of Gladstone and accelerate the energy transition of heavy industry around this critical region. We are developing renewable energy projects which will deliver a mix of wind, solar and storage in proximity to Gladstone, allowing for blended generation to create a firmed renewable electricity supply able to meet the 24/7 requirements of existing heavy industry as well as the wider community and stimulate the development of new industries such as green hydrogen.”

Simon Corbell, Chief Advisor of Energy Estate, commented “The location of these projects is critical to a ‘Just Transition’ of the Gladstone workforce. The jobs created will rely on skills that are already readily available in Gladstone – construction, engineering, civil earthworks, fencing and security, electrical, geotech, transportation, and logistics. As they proceed through development, construction, and operations, in total the projects are expected to create over a thousand local jobs and the overall investment in the projects will inject millions of dollars into the local economy.”

Energy Estates and RES have already been working closely with key stakeholders in the Gladstone region and the Queensland Government to accelerate progress.

Further announcements will be expected soon.