A week on from the controversial carbon tax roll out, a new $900 million clean technology project has been announced. Minister for Planning John Rau has announced South Australia’s mid-north is set to become home to the State’s largest wind farm, as the final planning approval was granted for a 105-turbine development.
Mr Rau said the approval has been granted to Investec Bank Australia’s proposed $900 million Hornsdale wind farm to be built 15 kilometres from Jamestown.
“The application was approved after consultation with the relevant government agencies, consideration of public submissions and detailed advice from the Development Assessment Commission, an independent statutory authority,” Mr Rau said.
Nationally, South Australia is recognised as a leader in renewable energy, with over half of Australia’s wind generation capacity providing 20 per cent of the state’s electricity supply.
The project is expected to create up to 250 local construction jobs – while providing clean renewable energy directed into the national grid, said Minister for Mineral Resources and Energy Tom Koutsantonis.
“The proposed 315 Megawatt wind farm will have up to 105 turbines – which will generate 1,050,000 Megawatt hours per year, enough to power 180,000 homes. This development has the potential to save 1.25 million tonnes of carbon dioxide emissions each year. That’s the equivalent of taking 290,000 cars off the road each year.”
David Clarke, CEO of Investec Bank Australia, said South Australia has stood out as an ideal investment destination.
“South Australia’s case management service has assisted our company to navigate the necessary approvals and to bring yet another project a step closer to reality,” Mr Clarke said.
“We also believe South Australia will be a leading centre for commercial opportunities in renewable and low carbon intensity power and we are committed to growing our presence here.”