Tag: Smoky Creek

  • Australia’s biggest solar battery hybrid projects lock in finance in landmark deal to power heavy industry

    Two of the biggest solar and battery hybrid projects in Australia, Smoky Creek and Guthrie's Gap, have reached financial close with the backing of 14 lenders. These projects will provide 600 MW of solar and 600 MW and 2,400 MWh of battery storage to help power aluminium smelters and refineries in Queensland as part of Rio Tinto's plan to transition to green energy and storage by 2029. The federal government's Capacity Investment Scheme is supporting the projects, which are crucial for reaching renewable energy targets and improving reliability as aging thermal generation retires. Edify is also developing the Hill wind farm in South Australia and the Jinbi solar farm in Western Australia, with strong community support and a focus on creating up to 800 jobs during construction, local procurement, and skills training. The financing package for these projects is a first for Australia and will set a foundation for future renewable energy projects, leaving a positive legacy in the region through a community benefits program.

    https://reneweconomy.com.au/australias-biggest-solar-battery-hybrid-projects-lock-in-finance-in-landmark-deal-to-power-heavy-industry/