25.6 C
New York

Danish renewables giant buys Australian megaproject – pv magazine International

Published:


Copenhagen Infrastructure Companions is sharpening its give attention to long-term storage in Australia with the acquisition of the proposed Bowen Renewable Power Hub undertaking, which is predicted to mix 1.4 GW of pumped hydro storage with large-scale photo voltaic and wind technology.

from pv journal in Australia

Copenhagen Infrastructure Companions (CIP) has confirmed that it has acquired a set of initiatives comprising the Bowen Renewable Power Hub, a scaled built-in technology and storage undertaking being developed within the Australian state of Queensland.

The undertaking, to be referred to as the Capricornia Power Hub, will combine 1.4 GW of pumped hydro initiatives with greater than 1 GW of photo voltaic, a 500 MW wind farm, battery vitality storage, and a hydrogen electrolyzer to help export-scale hydrogen. manufacturing.

The unique builders, Renewable Power Companions and Bowen River Utilities, stated the primary section of the pumped hydro undertaking was designed to ship 750 MW and 16 hours of storage (12,000 MWh). The second section is predicted to supply an extra 12,000 MWh of storage.

CIP Australia Vice President Matthew Stuchbery stated the vitality hub was consistent with the corporate’s technique to pursue extra vitality storage applied sciences to help Australia’s transition to renewables.

“We’re completely investing in issues like battery storage, however we see {that a} portfolio strategy even for storage is required to satisfy Australia’s wants,” he stated. “Batteries are a fit-for-purpose know-how for shorter durations of time, however there isn’t any different business know-how accessible that operates over the identical time frame on the identical scale as pumped hydro does .”

The unique builders indicated that the primary section of the pumped hydro undertaking can be on-line by 2028. Stuchbery stated the CIP will evaluate the timeline, however will make sure the undertaking stays on observe to ship vital financial savings by the top of the last decade.

“We’re focusing on a ultimate funding determination in the course of this decade,” he stated.

CIP, a significant participant within the improvement of renewable vitality initiatives throughout Europe, stated it can now take a look at the progress of the approval course of and geotechnical investigations. It can proceed to work with Queensland state-owned CS Power, which signed an settlement earlier this yr with the undertaking’s earlier proponents for a possible energy buy settlement. The funding provides to CIP’s quickly rising pipeline of renewable vitality initiatives in Australia, which features a stake within the 2.2 GW Star of the South wind undertaking in Bass Strait, off the coast of Victoria.

CIP can also be partnering with Hydrogen Renewables Australia to develop the 5 GW Murchison Renewable Hydrogen Challenge close to Kalbarri, Western Australia.

This content material is protected by copyright and will not be reused. If you wish to cooperate with us and need to reuse a few of our content material, please contact: [email protected].



Source link

Related articles

spot_img

Recent articles

spot_img