CEFC investments in large-scale wind projects have tracked a remarkable level of innovation and change in the sector. While our earliest finance was for projects with partial off-take agreements, we are now working on hybrid projects that bring together wind, solar and storage, as well as projects that are seeking new style off-take agreements with large corporates. These developments are driving considerable infrastructure investment in regional areas, creating long-term assets that capitalise on Australia’s natural wind resources.
WATCH: Ararat - Powering 12,000 Victorian homes
The 135 MW Crudine Ridge Wind Farm near Mudgee in NSW will provide enough electricity to power around 55,000 homes each year, as well as invest in community enhancement programs.
Stage One of the 212MW Lincoln Gap wind farm, in South Australia’s Port Augusta region, includes a 10MW battery energy storage system, capable of producing up to 10MWh of fast response storage capacity.
The 270MW Sapphire Wind Farm, located between Glen Innes and Inverell in northern NSW, features the latest Vestas turbine technology, as well as transformers manufactured in Australia.
Windlab Limited is a Canberra-based global wind energy development company successfully commercialising CSIRO research to help drive renewable energy in Australia and overseas.