Page 11 - AsiaElec Week 11 2021
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AsiaElec RENEWABLES AsiaElec
ACCIONA brings in Korea Zinc to build
Australia’s MacIntyre wind farm
AUSTSRALIA KOREA Zinc is to take a 30% stake in ACCIO- generate clean electricity to supply nearly
NA’s 923-MW MacIntyre Wind Farm venture in 700,000 homes and avoid the emission of around
Queensland, one of the largest renewable energy 3mn tonnes per year (tpy) of CO2.
projects in Australia. The two projects will jointly mobilise invest-
ACCIONA will retain a 70% stake in the ven- ments of around A$2bn ($1.5bn) and will be key
ture, which forms part of the Australian state’s to the State of Queensland’s goal of achieving a
efforts to make its power supply 50% green by 50% share of renewable energy in its electricity
2030. consumption by 2030. Construction of the wind
ACCIONA has secured a long-term power farm complex is scheduled to begin in the sec-
purchase agreement (PPA) with CleanCo, ond half of this year.
Queensland’s newest public electricity company, The wind farms will install 180 Nordex Delta
which will acquire the annual production from 4000 turbines of 5.7 MW, the latest generation of
400 MW of ACCIONA’s facilities for 10 years. turbines from the German manufacturer.
MacIntyre Wind Farm will also supply power Construction is slated to start in the second
to Sun Metals Corporation, a Korea Zinc Co. half of this year, with the lion’s share of invest-
subsidiary in Australia, thereby helping the met- ment in 2022 and 2023.
als group meet its target of obtaining 100% of its The wind farm complex will start operating
energy from renewables by 2040. in stages to ensure connection to the grid with
“Our companies share a common goal to full technical guarantees for the state electricity
pioneer clean energy and this partnership is the system. The complex will be fully operational by
perfect example of how two companies from 2024.
different sectors can work together to deliver Yun B Choi, Korea Zinc Co. CEO, said: “We
flagship renewables infrastructure,” José Manuel are very pleased to have established a long-term
Entrecanales, ACCIONA chairman and CEO, relationship to carry out this exciting project,
said. unique in its size, which represents a major
In addition to the MacIntyre Wind Farm, step forward for our respective businesses.
ACCIONA will build the adjacent Karara Wind Our participation in the MacIntyre project
Farm (103 MW), which is owned by CleanCo. reflects our commitment to renewable energy in
The MacIntyre and Karara complex will Australia.”
Week 11 17•March•2021 www. NEWSBASE .com P11
