PROJECT UPDATES - ALTENERGY
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Project Updates
Week ending 19 March 2021
AEMC clarifies obligations on
weather-reliant generators
11 March
Weather-reliant generators such as large scale in their natural resource (such as the sun or
solar and wind farms will be prevented from wind).
turning down or off without informing the
electricity market operator under a final rule The Commission’s rule change has the effect
to bolster system security. of requiring semi-scheduled generators to
follow their available resource except when
The final rule is in response to a rule change AEMO decides there should be a semi-
proposed by the Australian Energy Regulator dispatch interval, when output should be
(AER) and developed following a request from limited to the cap specified by AEMO. This
the former Council of Australian Governments could happen because of a network constraint
Energy Council to develop rule changes for that limits the dispatch of electricity or
semi-scheduled generators to improve their because it is uneconomic to dispatch a semi-
functioning within the national electricity scheduled generator given to the generator’s
market (NEM).This final rule acts on one of electricity market offers.
the Energy Security Board’s recommended
interim security measures, which aim to The AER’s rule change request was fast
improve visibility of and confidence in system tracked. This allows the AEMC to proceed
security services while new market directly to publishing a draft determination
arrangements are being developed through and draft rule. The AEMC decided to fast track
the post 2025 market design work. this rule change in recognition of the
significant and extensive consultation by the
Semi-scheduled generators include wind and AER in developing the rule change request.
solar plants that are reliant on weather
conditions to operate. The amount of semi- The National Electricity Rules allow the AEMC
scheduled generation has risen rapidly in to fast track a rule change submitted by
recent years. It now accounts for a sizeable another electricity market body when the
share of generating capacity in the NEM and is market body, in this case the AER, has
forecast to rise much further still. consulted with the public on the nature and
content of the request before making that
The Commission’s final determination will request.
address risks to system security and market
efficiency from semi-scheduled generators Source: AEMC
turning down or off without informing the
Australian Energy Market Operator (AEMO).
The final rule does this by requiring semi-
scheduled generators to meet a dispatch
level, or cap, for how many megawatts of
electricity they produce subject to variations
Page 1 (Click on relevant project links to go to online Project Database)Tilt Renewables Board within or above the Independent Adviser’s
value range, the Non‐Conflicted Directors1 of
recommends acquisition Tilt Renewables intend to vote their shares in
proposal from a consortium of favour of the proposed Scheme and
recommend that other shareholders also vote
Powering Australian in favour.
Renewables and Mercury NZ
15 March Tilt Renewables shareholders will have the
Tilt Renewables Limited (Tilt Renewables) has opportunity to vote on the Scheme at a
entered into a Scheme Implementation meeting likely to be held in around four
Agreement (SIA) with Powering Australian months’ time. Therefore, Tilt Renewables
Renewables (PowAR) and Mercury NZ Limited shareholders do not need to take any action
(Mercury) (together, the Consortium) under at this time.
which it is proposed that PowAR will
effectively acquire Tilt Renewables’ Australian The Scheme is subject to customary
business and Mercury will acquire Tilt conditions, some regulatory approvals
Renewables’ New Zealand business. This (including Overseas Investment Office (NZ)
transaction will be implemented by way of and Foreign Investment Review Board (AU)),
Scheme of Arrangement (the Scheme) where shareholder approval and ultimately High
Tilt Renewables shareholders will receive Court approval in New Zealand.
NZ$7.80 per share in cash.
1 Non‐Conflicted Directors refer to Directors
Tilt Renewables’ decision to enter into the SIA of Tilt Renewables who have not abstained
with the Consortium follows a competitive from giving a recommendation due to a
sale process during which Tilt Renewables conflict of interest. The only Conflicted
received multiple binding proposals to acquire Director was Vincent Hawksworth, who is also
the company. CEO of Mercury.
Bruce Harker, Chair of Tilt Renewables, said Source: Tilt Renewables
“This compelling acquisition proposal is a
result of Tilt Renewables’ constant focus on
delivering long‐term value for shareholders PROJECT NEWS
and the Board is pleased that, with these new Last week it was announced that Green Gold
owners, the transition to renewables in Energy and Risen Energy Australia had
Australia and New Zealand will continue to executed an agreement to jointly develop and
accelerate.” construct 16 solar projects of approximately
4.95MW AC each in Australia within the next
PowAR has entered into a voting deed with two years for a total project capacity of
Infratil. Under the terms of the deed, subject 80MW AC/100MW DC. The first six 4.95MW
to customary conditions, Infratil has agreed to projects in Stage 1 in settlement phase are:
vote its entire 65.5% shareholding in Tilt • Elwomple Solar Farm
Renewables in favour of the Scheme. • Mannum Solar Farm
• Tailem Bend 1 Solar Farm
Mercury, currently Tilt Renewables’ second • Tailem Bend 2 Solar Farm
largest shareholder, behind Infratil, with a • Waterloo Solar Farm
19.92% shareholding has agreed to vote its • Ceduna Solar Farm
entire shareholding in favour of the Scheme,
as a separate interest class. Subscribers can find information on each of
these projects in our database at
In the absence of a superior proposal, and www.altenergy.com.au.
subject to the Scheme Consideration being
Page 2 (Click on relevant project links to go to online Project Database)Powering Australian Scheme) to acquire all the outstanding shares
not already owned in Tilt.
Renewables (PowAR) extends
its leadership role in Under the terms of the proposed transaction,
PowAR will take ownership of all of Tilt’s
Australia’s clean energy Australian businesses and Mercury NZ will take
transition with NZ$3 billion Tilt ownership of all of Tilt’s New Zealand businesses.
deal PowAR Chairman Cheryl Bart said: “This
15 March exciting transaction is absolutely aligned to
PowAR and Mercury NZ enter binding our mission of leading the transition to a
agreement to acquire Tilt Renewables decarbonised, decentralised and digitised
energy system – one that will deliver all
Highlights Australians clean, reliable and affordable
• PowAR and Mercury NZ have entered a power. Tilt has built a world-class portfolio of
Scheme Implementation Agreement to acquire high-quality renewable energy assets and
NZX- and ASXlisted Tilt Renewables Ltd for development opportunities that will
NZ$7.80 per share in cash, representing a complement our existing assets and ensure
market value of NZ$2.96 billion we continue to drive investment in renewable
• When completed, PowAR will take ownership energy as a pathway to Australia’s clean
of all of Tilt’s Australia businesses and Mercury energy future.”
NZ will take ownership of all of Tilt’s New
Zealand businesses Mercury Chief Executive Vince Hawksworth
• The transaction confirms PowAR’s standing acknowledged Tilt’s successful renewable
as Australia’s No 1 owner and operator of wind energy generation development program in
and solar generation, with installed capacity of New Zealand and Australia, which he said was
1,313MW and a world-class development a reflection of great work by the management
pipeline of more than 3,500MW and team at Tilt over the past five years.
• The Board of Tilt has recommended “Throughout this transaction, Mercury has
shareholders vote in favour of the Scheme ensured that these New Zealand assets stay in
subject to an Independent Adviser’s report and New Zealand ownership. Completion of this
in the absence of a superior offer transaction will position Mercury to make an
• Tilt’s majority shareholder, Infratil Ltd, has even more significant contribution to New
signed a voting deed to vote its 65.5% Zealand’s de-carbonisation goals,” he said.
shareholding in Tilt in favour of the Scheme
• Mercury NZ has also agreed to vote its 19.9% Tilt is a highly experienced developer and
shareholding in Tilt in favour of the Scheme operator of renewable generation assets
across Australia and New Zealand, with total
Powering Australian Renewables (PowAR) will operating capacity of 836 MW across seven
cement its position as the largest owner and wind farms in operation and a two further
operator of wind and solar generation in wind farms in commissioning. The company
Australia and a leader in Australia’s has a development pipeline of more than
accelerating transition to clean energy after 5,000 MW1 capacity across various
reaching agreement to acquire the Australian technologies, including wind, solar and
assets of Tilt Renewables Ltd (Tilt). battery storage and peaking capacity.
PowAR – a partnership between QIC, the The proposed transaction, when completed,
Future Fund and AGL Energy Ltd – today will reinforce PowAR’s standing as Australia’s
announces that it has joined with Mercury NZ largest owner and operator of renewable
Limited (together the Consortium) to enter a energy, with installed capacity of 1,313MW
Scheme Implementation Agreement (SIA or across seven operating wind and solar farms,
Page 3 (Click on relevant project links to go to online Project Database)with a further two wind farms in the final PowAR Chief Executive Officer Geoff Dutaillis
stages of commissioning. PowAR’s said PowAR valued the outstanding business
development pipeline would represent the that Tilt and its management team had
largest, high-quality portfolio of renewable created in Australia, and expected no material
energy development opportunities in change to Tilt’s strategy.
Australia, at more than 3,500MW across wind,
solar, battery storage and peaking capacity. “Tilt is a great business, with a passionate,
committed team that has an enviable track-
QIC Head of Global Infrastructure Ross Israel record. We intend to build the Australian
said: “This acquisition is another business around the existing team’s expertise
demonstration of QIC's deep energy sector and experience and extend our lead as the No
capability and our origination driven by sector 1 owner and operator of wind and solar
centric, thematic-based investment strategy. generation in Australia. PowAR’s strong
Through PowAR, we look forward to capital partners and track record of delivery
leveraging our experience in the energy sector on development projects underpins our
and sustainable infrastructure, and working confidence that we will be able to realise the
closely with our partners, to drive the growth full potential of Tilt’s outstanding
of this high-quality renewable energy development pipeline,” Mr Dutaillis said.
platform through its significant development
pipeline and portfolio of existing assets.” Source: PowAR
The Future Fund’s Head of Unlisted
Infrastructure and Timberland James Fraser- NEW PROJECT
Smith said: “Building on the success of
PowAR, the acquisition of Tilt provides the
Melton Renewable Energy Hub
Location: Plumpton, Victoria
Future Fund with increased exposure to a
Capacity: 600 MW
secular theme that is consistent with our long-
Developer: Syncline Energy
term investment horizon. We are very pleased
Status: Referral submitted to federal
to be able to invest at scale in a high-quality
government under EPBC Act
Australian renewable energy platform and
Description: Syncline Energy is proposing the
look forward to supporting the build out of
creation of the Melton Renewable Energy Hub
Tilt’s significant development pipeline.”
to include a behind-the-meter 12.5 MW solar
farm and 600 MW battery storage facility. The
AGL CEO and Managing Director Brett
proposed location is zoned Green Wedge
Redman said: “This is an exciting opportunity
Zone within the Melton Shire Council
for PowAR to further extend its leadership in
municipality. The project development
renewable energy generation. For AGL,
footprint is approximately 36.3ha and will
participating in this acquisition aligns with our
include a solar array in the west, and battery
climate commitments and builds on our
energy storage system in the east. A control
legacy as Australia’s largest private investor in
room will also be located in the east, and a
renewable energy, and largest commercial
powerline connection will extend further east.
solar provider. The proposed acquisition by
Contact: Phil Galloway
PowAR will provide more renewable energy
Director
options in AGL’s generation portfolio, further
Syncline Energy
supporting our orderly transition away from
Email: phil@synclineenergy.com.au
coal-fired power and responding to
community expectations and our customers’
increasing demand for cleaner, reliable,
affordable energy.”
Page 4 (Click on relevant project links to go to online Project Database)QEM to Pursue Green successful completion of the financial studies
to be conducted by E2C.
Hydrogen Strategy
15 March QEM Managing Director Gavin Loyden said
- QEM commits to undertake studies into the Company was delighted to be working
“green” hydrogen opportunities at Julia Creek with experts who possess substantial
- Progression of strategy comes amid buoyant expertise in the hydrogen field.
market conditions, supportive policy
environment and optimal project location “The commissioning of these studies will lay
- Hydrogen strategy to underpin the the groundwork to advance our green
continued development of the Julia Creek hydrogen strategy at Julia Creek, amid
vanadium and oil shale project increasingly buoyant market conditions and
- QEM will commence discussions with the the project’s optimal location and resource
recently appointed Queensland Minister for profile to produce hydrogen on-site,” Mr
Energy, Renewables and Hydrogen on the Loyden said.
approval process
“For example, the Queensland state
QEM Limited (ASX: QEM) (“QEM” or government established a ministry for
“Company”) is pleased to announce that it has hydrogen in November 2020, as the state
commenced studies into green hydrogen government seeks to encourage investment
opportunities on site at QEM’s flagship 100%- into the bourgeoning market."
owned Julia Creek vanadium and oil shale
project in North Queensland. “Crucially, the hydrogen strategy aligns with
the broader strategic direction of Julia Creek,
The studies will investigate the financial and as QEM looks to target both the liquid fuels
regulatory requirements of the Company to and renewable energy sectors."
produce hydrogen on site at Julia Creek using
a “green” solar-powered electrolyser. It is “We remain committed to continuing the
envisaged that the hydrogen would initially be development of Julia Creek to unlock the
used as a support to the energy needs of substantial latent value the vanadium and oil
other resources projects located in the North shale project possesses.”
West Minerals Province of Queensland, but
ultimately for the hydrogeneration of the Source: QEM
Company’s raw oil into transport fuels.
To assist in its assessment of capital and
operating costs, the Company has appointed
E2C Advisory Pty Ltd ("E2C"). E2C previously
Fortescue strengthens its
assisted the Company with the review of a target for carbon neutrality by
processing technology utilising a hydrocarbon
solution for oil shale extraction (refer to ASX
2030
15 March
announcement dated 14 April 2020) and have
For and on behalf of the Board, Dr Andrew
extensive experience in electrolysers used for
Forrest, Chairman of Fortescue Metals Group
hydrogen production.
Ltd (Fortescue, ASX: FMG) has today
announced Fortescue’s target to achieve
QEM will commence proactive discussions
carbon neutrality by 2030, ten years earlier
with the Queensland state government on
than the previous target.
progressing the approval process to access
water resources for the potential
Fortescue Future Industries (FFI), a wholly
development. The Company will focus on
owned subsidiary of Fortescue, will be a key
securing the relevant approvals following the
enabler of this target through the
Page 5 (Click on relevant project links to go to online Project Database)development of green electricity, green building on the industry leading initiatives
hydrogen and green ammonia projects in that have previously been announced. We are
Australia. working towards decarbonising our entire
mobile fleet and fixed plant through the next
Dr Forrest said, “We have joined the global phase of hydrogen and battery electric energy
battle to defeat climate change. We are solutions.”
trialling and demonstrating green hydrogen
technologies in global-scale commercial Fortescue is seeking to move from being a
environments, while also rapidly evolving into major consumer of fossil fuel with a current
a green hydrogen and electricity producer of trajectory of more than 1 billion litres a year
similar scale.” of diesel being used across the operations if
no remedial action is taken – to a major clean
“Our commitment to demonstrate green and renewable energy exporter.
hydrogen’s economic value in world-scale
operations, and become a major energy FFI is advancing projects across Australia
exporter, while implementing the including Tasmania, to build large-scale
considerable facilities to support both, means renewable energy and green hydrogen
that Fortescue has emerged not simply as a production capacity. This will expedite the
thought-leader and investor, but uniquely as substitution of green hydrogen and green
an executor of major green hydrogen ammonia for carbon-based fuels. These
projects.” projects will, with the support of Australia’s
governments, contribute to a significant
“Our aim is to provide the two “missing links” reduction in national carbon emissions.
in the climate change battle, to create both
the demand and the supply of green Through FFI and its highly committed
hydrogen. Due to its high energy performance Operations team, Fortescue is undertaking to
and environmental neutrality, green hydrogen deliver several key projects by the stretch
and direct green electricity has the potential target of 30 June 2021. This will underpin its
to eliminate fossil fuels from supply chains. pathway to decarbonisation.
Once established, these advances will also
substantially reduce Fortescue’s operating These projects include:
costs.” • Developing a ship design powered by green
ammonia and trialling that design in new
“Fortescue’s strong focus on green energy ammonia engine technology, at scale
and our carbon neutrality targets will sit • Testing large battery technology in our haul
alongside our continuing excellence in, and trucks
commitment to, our iron ore business. While • Trialling hydrogen fuel cell power for our
our green energy and industry initiatives may drill rigs
one day significantly outscale our iron ore • Trialling technology on our locomotives to
business due to the global demand for run on green ammonia
renewable energy, our commitment to iron • Conducting trials to use renewable energy in
ore and resources globally remains the Pilbara to convert iron ore to green iron at
indefeasible,” said Dr Forrest. low temperatures, without coal.
Fortescue Chief Executive Officer, Elizabeth Ms Gaines “Each of these projects will
Gaines, said, “Fortescue has a proud history of contribute to the world’s inexorable march to
setting ambitious stretch targets and we are carbon neutrality. Fortescue will establish that
pleased to announce this new industry- the major steel, truck, train, ship and mobile
leading target, with detailed planning plant industries can be operated with
underway and projects identified to support renewable, environmentally friendly energy.
our operational emissions reduction goals, This will be possible as a result of these
Page 6 (Click on relevant project links to go to online Project Database)ground-breaking Fortescue trials. Each will be juwi to construct solar park for
tested by Fortescue using commercial-scale
equipment to prove that the demand for Pacific Energy (KPS) at Iluka’s
direct green electricity, green hydrogen and Jacinth Ambrosia Project
green ammonia could one day be as large as 15 March
the fossil fuel industry.” The project will integrate 3.4MW of solar
generation into the existing 12 MW Diesel
“These projects are in addition to Fortescue’s Power Station.
significant investment with our partners into
energy infrastructure, including the Juwi Renewable Energy Pty Ltd, the Brisbane
Chichester Solar Gas Hybrid Project and based subsidiary of German renewable energy
Pilbara Energy Connect program,” Ms Gaines specialist juwi AG, signed an agreement with
said. Pacific Energy (KPS) to construct a medium
penetration solar/diesel hybrid power
Independent verification will be employed to solution for the Jacinth Ambrosia Project (JAP)
monitor the Company’s march to carbon in South Australia. KPS will own and operate
neutrality. Fortescue will also incorporate the JAP hybrid project, which after completion
these carbon emissions targets into its formal is expected to deliver almost 21 percent of
remuneration structure, including short and the mine site’s annual electricity needs. It is
long-term incentives across the Company. scheduled to be operational later this year.
Source: Fortescue Metals Group Dave Manning, Global Head of Hybrid at juwi
said “Hybrid power solutions offer the
potential to significantly reduce the amount
Event invitation - Metz Solar of fossil fuel power generation at Iluka’s
operations” juwi looks forward to working
Farm supplier information with KPS to deliver sustainable energy for the
session minesite, and further reduce Iluka’s carbon
Beon Energy Solutions invites Businesses in footprint.
Armidale and surrounding areas to come and
learn about the opportunities available to Another clear focus of juwi’s business
become a supplier to the Metz Solar Farm, activities in Australia, besides providing
commencing construction in April 2021. The Engineering, Procurement and Construction
project is seeking suppliers of a range of (EPC) as well as Operations and Maintenance
services from fencing, electrical & plumbing services and the development of greenfield
services, construction and waste management solar and wind power plants, is the
to mechanical support, transport, and construction of hybrid power plants for off-
cleaning service. grid industries, for example mines. In such
projects solar power plants are
Time: 6.15 p.m. to 7:15 p.m. complemented with storage units. These units
Date: Tuesday, March 23, 2021 can then be intelligently integrated into the
Venue: Armidale City Bowling Club 92 – 96 existing isolated network by using a juwi-
Dumaresq St., Armidale developed software called “juwi Hybrid IQ“.
Book your free ticket here “We have proven what renewable energy
https://www.trybooking.com/events/landing? solutions can achieve through our worldwide
eid=732008& renowned project DeGrussa. We continue to
build upon this accomplishment”, says
Stephan Hansen, responsible juwi board
member for international business. “The
strong point in our business strategy is that
Page 7 (Click on relevant project links to go to online Project Database)we can provide a comprehensive service It is the first green ammonia project of its
portfolio regarding project development, EPC scale to progress to engineering design
and O&M services to our customers through globally, firmly placing it at the forefront of
our integrated business model.” the emerging hydrogen industry.
juwi has already achieved remarkable success The project received financial support under
in selected markets. Currently, the the South Australian Government’s
construction of solar park Kozani (Greece) is in Renewable Technology Fund, with a $4.7
the project pipeline. With a capacity of 204 million grant and a $7.5 million loan
megawatts, it will become the largest solar announced in February 2018. The
park in southeast Europe. In the coming years, Government has also brought forward $2.15
juwi will construct a solar portfolio amounting million in grant funding to accelerate the
to a capacity of 500 megawatts in the US for a project’s design phase.
regional energy supplier from Colorado. Since
the founding of the company in 1996, juwi H2U have appointed Australian global
has, in sum, planned and developed close to engineering firm Worley as the contractor to
2,000 solar power plants of various sizes with carry out the FEED study.
an overall capacity of more than 2,700
megawatts in more than 25 countries. Minister for Energy and Mining Dan van Holst
Pellekaan congratulated H2U on this
The JAP project in Australia will be the sixth milestone and said the project continues to
hybrid project carried out by juwi. set the bar for emerging hydrogen projects
across the globe.
Source: juwi
“The Marshall Government has been
unwavering in its vision and support to attract
investment and jobs with a focus on securing
world-leading, renewable energy projects,’’
Green hydrogen plant is global he said.
pacesetter
15 March “The Government welcomes the news that
A world-leading green hydrogen project, Mitsubishi Heavy Industries has invested in
located on South Australia’s Eyre Peninsula, H2U to progress the project, supplying key
has commenced its critical Front-end technologies along with ammonia technology
Engineering and Design (FEED) phase, providers who are partnering with H2U.
ensuring the project remains one of the most
advanced green ammonia projects in the “We will be investing $37 million to improve
world. and upgrade the nearby Port Bonython jetty,
helping unlock significant investment and
The Eyre Peninsula Gateway Hydrogen Project export opportunities for South Australia in the
is being developed by Australian company rapidly emerging green hydrogen export
Hydrogen Utility Pty Ltd (H2U). The $240 industry.
million project was launched in 2020 with a
goal of installing 75MW of electrolysers in the “Creating ecologically-responsible and
renewable energy rich Upper Spencer Gulf, sustainable green energy in South Australian
capable of producing enough hydrogen to provides for a stronger, more reliable local
create 40,000 tonnes of green ammonia each network as well as creating exciting business
year, powered by renewable energy sources opportunities for investors.
including wind and solar.
Page 8 (Click on relevant project links to go to online Project Database)“We grabbed the world’s attention with our feasible or where overhead lines would have a
vision to become a 100 per cent net- lower impact.
renewable energy state by 2030 and now,
with support from investors from across the The project team is continuing conversations
globe, including Japan and Germany, that with landholders whose property may be
vision is becoming reality.’’ suitable to host the transmission
infrastructure – landholders will be treated
Source: SA Government fairly and appropriately compensated.
Local communities and people with an
interest in the project can chat with the team
and learn more at a series of pop-up events
Progressing offshore wind planned in the region in late March and April.
project transmission route
16 March The outdoor COVIDSafe pop-up events are
Star of the South – Australia’s first offshore being held in Woodside Beach, Yarram,
wind project – has confirmed a transmission Morwell and Lakes Entrance, as well as an
route for further analysis to connect the online webinar with a presentation and Q&A.
electricity generated by wind turbines off the
south coast of Gippsland into the grid in the Star of the South will undergo a
Latrobe Valley. comprehensive coordinated government
environmental assessment through an
Harnessing Gippsland’s strong offshore winds Australian Environmental Impact Statement
in Bass Strait, Star of the South would power and Victorian Environment Effects Statement.
Victorian homes and create long-term local There’ll be many opportunities for formal
jobs once it’s up and running. public feedback over the coming years as part
of this process.
Following a rigorous 12-month assessment on
three potential transmission route options, Site investigations and data collection are
Star of the South today shared details about underway with some of Australia’s leading
the selected route which will now be scientists and researchers such as CSIRO and
progressed through detailed planning, Monash, Deakin and Curtin universities, to
approvals and design. support these environmental and planning
assessments.
The transmission route would come to shore
around Reeves Beach and travel underground The project’s studies include a world-class
through Darriman, Giffard West and marine survey program, collecting
Hiamdale, connecting into one of the environmental data on the underwater world
strongest points in the National Electricity and building scientific knowledge of key
Market. species and ecosystems in Bass Strait.
A detailed options assessment on three Offshore wind is one of the world’s fastest
different routes considered feedback from growing renewable energy technologies and is
landholders, local communities and a proven driver of jobs and investment in
government, as well as site investigations and regional communities.
technical studies undertaken throughout
2020. To learn more about the project and to
register to attend any of the events and
Star of the South has committed to using webinar starting on Monday 22 March 2021,
underground cables, unless it’s not technically visit starofthesouth.com.au.
Page 9 (Click on relevant project links to go to online Project Database)Quotes attributable to Star of the South Chief expected to reach commercial operations in
Development Officer, Erin Coldham the coming weeks, being the start of when the
“This is another important milestone for project is capable of exporting power at full
Australia’s first offshore wind project - capacity to the grid.
selecting a transmission route to take through
planning, approvals and design. MPower commenced the design and
construction of the South Hummocks solar
“On balance, the route we’ve selected for project, together with another 5MWac
further investigation is the best overall project at Kadina in South Australia last year
outcome and we’re working with landholders after executing contracts with Astronergy
whose property may be suitable to host the worth a combined value of approximately $9
underground cables. million.
“Star of the South would harness Gippsland’s In addition to developing its Build Own
strong offshore winds in Bass Strait – Operate strategy, MPower has an active
powering homes into the future and creating pipeline of new project opportunities in the
long-term local jobs for the region. tendering phase which, together with
recurring service and maintenance work,
“We’re excited to get out and talk with people underpins the Company’s future growth.
after the challenges of coronavirus and
encourage everyone to come along to our “As today’s successful connection confirms,
events to learn more about offshore wind and 5MWac renewable energy projects are
what it means for Gippsland.” MPower’s sweet spot and we are well
advanced with our plans to secure options
Source: Start of the South over new project sites in order to progress our
Build Own Operate strategy,” Nathan Wise
added.
Source: MPower
Grid connection achieved at
South Hummocks Solar Farm
16 March
MPower, Australia’s leading specialist
renewable energy, battery storage and
ACCIONA partners with Korea
microgrid business, is pleased to announce it Zinc to build MacIntyre Wind
has successfully connected a 5MWac solar Farm in Australia
project at South Hummocks in South Australia
16 March
to the national electricity grid.
- The international metals group will acquire a
30% stake in ACCIONA's largest wind farm
Chief Executive Officer Nathan Wise
- ACCIONA will own the remaining 70% of the
commented: “It’s great to see MPower
project, underpinned by a 400MW Power
achieve another successful milestone on a
Purchase Agreement with CleanCo,
5MW solar project. The successful delivery of
Queensland's newest public electricity
renewable energy projects highlights
company
MPower’s capability and dependability
bringing projects of this size to market, on
ACCIONA and international metals group Korea
time and to budget.”
Zinc Co. have reached an agreement to jointly
develop the MacIntyre Wind Farm in
Grid connection, including first energisation of
Queensland (923MW), one of the largest
the solar farm, follows the commissioning
renewable energy projects in Australia, and the
phase that started last month. The project is
largest energy project in ACCIONA’s portfolio.
Page 10 (Click on relevant project links to go to online Project Database)Under the agreement Ark Energy, a subsidiary Queensland’s goal of achieving a 50% share of
of Korea Zinc Co., will take a 30% stake in renewable energy in its electricity
MacIntyre Wind Farm, with ACCIONA consumption by 2030. Construction of the
retaining 70%. ACCIONA will remain wind farm complex is scheduled to begin in
responsible for managing the project through the second half of this year.
its development, construction, operations and
maintenance stages. The two projects will generate up to 400 jobs
during throughout their useful lives and
ACCIONA has secured a long-term Power provide an important economic boost to the
Purchase Agreement (PPA) with CleanCo, local community, with local investment
Queensland’s newest public electricity exceeding AU$500 million (€325 million).
company, which will acquire the annual
production from 400MW of ACCIONA's The wind farms will install 180 Nordex Delta
facilities for ten years. MacIntyre Wind Farm 4000 turbines of 5,7MW, the latest generation
will also power Sun Metals Corporation, a of turbines by the German manufacturer.
Korea Zinc Co. subsidiary in Australia, helping
the metals group meet its target of obtaining Construction is slated to start in the second half
100% of its energy from renewables by 2040. of this year, with the lion’s share of investment
in 2022 and 2023. The wind farm complex will
José Manuel Entrecanales, ACCIONA Chairman start operating in stages to ensure connection to
and CEO, said: "Having Korean Zinc as a partner the grid with full technical guarantees for the
in this landmark project is a privilege and state electricity system. The complex will be
marks a milestone in MacIntyre's development. fully operational by 2024.
Our companies share a common goal to
pioneer clean energy and this partnership is Source: ACCIONA
the perfect example of how two companies
from different sectors can work together to
deliver flagship renewables infrastructure”.
Yun B. Choi, Korea Zinc Co. CEO, said: “We are
AGL connecting WA regional
very pleased to have established a long-term communities in Australia’s
relationship to carry out this exciting project, largest SPS rollout
unique in its size, which represents a major
17 March
step forward for our respective businesses.
AGL will help transform energy reliability in
Our participation in the MacIntyre project
Western Australia’s regional communities,
reflects our commitment to renewable energy
after being appointed as a supplier by
in Australia”.
Western Power to deliver Australia’s largest
rollout of stand-alone power systems (SPS).
In addition to the MacIntyre Wind Farm,
ACCIONA will build the Karara Wind Farm
The $17 million program, developed by state-
(103MW), owned by CleanCo. The wind farms
owned corporation Western Power, will
are adjacent to each other. Together,
replace around 330km of overhead
MacIntyre and Karara complex will generate
powerlines with stand-alone power systems,
clean electricity to supply nearly 700,000
providing continuous, efficient off-grid power.
homes and avoid the emission of around 3
million tonnes of CO2 each year.
AGL General Manager for Commercial and
Industrial Customers, Ryan Warburton said AGL
STRONG INVESTMENT
is excited to work with Western Power on this
The two projects will jointly mobilise
important project, which will improve how
investments of around AU$2 billion (€1.3
regional households and businesses connect.
billion) and will be key to the State of
Page 11 (Click on relevant project links to go to online Project Database)“As self-sufficient generators, stand-alone community’s needs through the use of
power systems utilise solar and battery alternative technologies.”
technology to improve reliability and provide a
cleaner source of electricity,” Mr Warburton AGL has also been chosen as one of five
said. companies to be included on Western Power’s
panel of preferred suppliers, providing priority
“Our regional and remote communities face access for bidding on new tenders until the
some of the most challenging connection end of 2022.
issues, with regular outages, longer fault
response times and vulnerability to extreme Source: AGL
weather events frequently impacting supply.
“This roll-out will help make these issues a
thing of the past and ensure communities
from Kalbarri to Albany have energy they can
Landmark signing marks
rely on. international confidence in
Queensland hydrogen
“AGL has been a supplier of stand-alone
17 March
power systems for three years, successfully
Queensland’s hydrogen credentials have hit
overseeing 54 stand-alone power systems in
another milestone with the signing of a
the Cooper’s Basin project for Santos.
memorandum of understanding with a major
Japanese multinational in Gladstone today.
“As part of AGL’s Climate Statement, we are
committed to supporting Australia’s energy
Sumitomo Corporation has formalised its
transition through technologies, like stand-
partnership with Gladstone Ports Corporation,
alone systems, which lower emissions and
Gladstone Regional Council, CQUniversity
have a meaningful impact on communities.”
Australia and Australian Gas Industry Group to
develop Australia’s first hydrogen ecosystem
Western Power CEO Ed Kalajzic said Western
in Central Queensland.
Power had been on an innovative drive to
evolve the south-west grid to meet the
Minister for Energy, Renewables and
changing energy demands of our customers,
Hydrogen Mick de Brenni said the
now and in the future.
collaboration shows international confidence
in Queensland as a global destination for
“We’re ahead of many other energy utilities in
investment and as a future reliable renewable
implementing new technologies and are
energy exporter.
leading the way to a cleaner and more
resilient energy supply for the next generation
“Today’s signing is a major endorsement of
and SPS is an excellent example of how we’re
international investor confidence, that a global
achieving this.
corporation in Sumitomo is working with
Queensland and local companies to deliver
“Since we began the Great Southern trial in
renewable hydrogen,” Mr de Brenni said.
2016, the project has rapidly progressed due
to the fantastic outcomes it realises for our
“We know countries around the world, like
customers and the cost savings it means in
Japan, have mandated decarbonisation and
infrastructure maintenance and renewal.
set clear targets – and they’re looking to
Queensland for help to meet them.
“We’re proud to have Australian private
industry such as AGL helping to deliver part of
“With access to existing water and gas
our project. Together we’re contributing to
pipeline infrastructure and publicly-owned
WA’s economic growth and meeting our
ports giving crucial access to domestic and
Page 12 (Click on relevant project links to go to online Project Database)international markets, Queensland is well PROJECT NEWS
placed to supply renewable hydrogen to the
world, and Sumitomo recognises this.
Oxley Solar Farm
Solar Megawatt Holdings’ proposed Oxley
Solar Farm located approximately 14km
“Gladstone’s Hydrogen Ecosystem project will
south-east of Armidale in the New England
prove supply chains and grow a domestic
region of NSW, has been placed on public
hydrogen market, with the ultimate prize
exhibition by the NSW state government. The
being more Queensland exports from right
Oxley Solar Farm involves the construction,
here in Gladstone.”
operation and decommissioning of a ground-
mounted PV solar array. Approximately 225
Sumitomo Corporation’s Executive Officer
MW (AC) of renewable energy would be
Hajime Mori said Sumitomo Corporation is
generated and supplied directly to the
proud to be championing building the
national electricity grid. The development
Hydrogen Ecosystem in the Gladstone region
footprint would represent approximately
alongside such esteemed stakeholders.
895ha for the solar farm and associated
infrastructure. Two existing TransGrid 132kV
“With exceptional solar radiance and
transmission lines run parallel to each other
sophisticated regional partners and
within the northern section of the proposal
infrastructure, Gladstone is a unique world
site and would be used to connect the solar
class location for renewable hydrogen
farm to the national electricity grid. Provision
production and regional utilisation with
made for an energy storage facility with a
significant export potential,” Mr Mori said.
capacity of up to 50MWh (i.e. 50MW power
output for one hour) consisting of
Minister for Regional Development and
approximately 25 containers (40 foot each).
Manufacturing and Member for Gladstone
Glenn Butcher said Central Queensland would
The indicative site layout assumes the
continue to play a key role in meeting global
maximum development impact and includes
hydrogen demand.
the following key infrastructure:
• Approximately 715,000 PV solar panels
“By 2030, Queensland will need a fully
mounted on either fixed or tracking systems,
integrated, export-scale hydrogen supply
both of which are considered feasible:
chain if we are to meet the demand from
o Fixed-tilted structures in a north
countries like Japan,” Mr Butcher said.
orientation; or
o East-west horizontal tracking systems.
“Fortunately, Gladstone has an outstanding
• Approximately 45 Power Conversion Units
record in the development of energy exports
(PCU) composed of two inverters, a
from a standing start, considering we grew
transformer and associated control
our $70 billion LNG industry in just under a
equipment to convert DC energy generated by
decade.
the solar panels to 33kV AC energy.
• An onsite 132kV substation containing up to
“The development of a modern, world-leading
two transformers and associated switchgear
energy sector is critical to growing
to facilitate connection to the national
Queensland manufacturing and sustaining our
electricity grid via the existing 132kV
resources sector.”
transmission lines onsite.
• Associated infrastructure
The Gladstone Hydrogen Ecosystem design
study is targeted to commence next month.
Source: Queensland Government
Page 13 (Click on relevant project links to go to online Project Database)Emissions pricing reaches investment into low carbon technologies,”
James Shaw said.
significant milestone
17 March New Zealand’s Emissions Trading Scheme
A significant milestone in New Zealand’s requires participants to surrender emission
transition to a low carbon future was reached units to the government to cover the
today with the first auction of emissions pollution for which they are liable. Among the
allowances, said the Minister for Climate changes made to the scheme last year was
Change, James Shaw. the introduction of a cap on the total
emissions allowed within the ETS.
“One of the most significant steps our
Government has taken to address the climate “The question is not whether New Zealand
emergency was to reform New Zealand’s will transition to a low carbon economy, but
Emissions Trading Scheme. Having inherited a whether businesses can respond quickly
scheme that was failing to cut emissions, we enough. Auctioning helps to answer to that
turned the ETS one of the most effective tools question by making clear that we can change,
New Zealand has for reducing climate- that we can do things differently and that we
polluting emissions. can avoid the worst impacts of the climate
crisis and build a zero carbon world that
“Allocating a portion of each year’s meets the needs of every New Zealander,”
allowances via auction was key part of these James Shaw said.
reforms. Auctioning is a simple, transparent
and credible process that will help to Source: NZ Government
incentivise New Zealand’s biggest polluters to
invest in the transition to a clean, climate-
friendly economy.” James Shaw said.
Completed this morning, 40 participants took
Boom secures work on wind
part in the auction. A total of 4.75 million New farm
Zealand units were sold at a price of $36.00 18 March
per unit. Boom Logistics Limited (ASX:BOL), today
announced that it has secured a new project
Auctioning is a way of allocating units under with GE Renewables to provide lifting services
the ETS and was introduced as part of the for the construction of the Bango wind farm in
changes the Government made to the scheme the Southern Tablelands region of New South
last year. The process works by making a Wales.
proportion of units (consistent with the cap
on the ETS) available for purchase through a The project is expected to include the
single round of auctioning, during which installation of up to 38 towers, commencing in
bidders submit a single bid at their preferred March 2021. Boom will deploy a fleet of 12
price. cranes, including three 750 tonne capacity
cranes and a team of 40 crew and specialist
“One of the best ways to support long-term technicians, including project management.
investments in climate-friendly technologies is We are building on our success and
by ensuring the price of pollution in Aotearoa experience in delivering similar services to GE
is consistent with meeting our obligations on previous projects. When complete, the
under the Paris Agreement and New Zealand’s Bango wind farm will generate approximately
own emission reduction targets. 240 MW, energy sufficient to power 100,000
homes.*
“Auctioning will help to achieve that by
translating the targets we have put in place
into a price signal that drives much-needed
Page 14 (Click on relevant project links to go to online Project Database)CEO and Managing Director Tony “Some supply chain delays were experienced
Spassopoulos said “We are proud to work as a result of COVID-19, and at the site itself
with GE and continue to build on our service we’ve had to implement new working
delivery model. We have an experienced team protocols in order to keep our workforce and
mobilising to site, with the priority on safety the local community safe.”
first, focused on customer service and project
delivery. We continue to expand our wind “Despite these challenges, we were able to
farm projects business and demonstrate our continue construction, albeit a little slower
capability as the leading Australian lifting than planned, throughout 2020, with some
solutions provider in this market segment. pretty incredible achievements marked by the
team along the way”, shared Tshaikiwsky.
“The renewable energy sector remains a
strategic focus for Boom. The forward pipeline One of these achievements was the successful
opportunity is strong with more than 1,800 execution of the heaviest and highest crane
towers earmarked for installation in the lift at a wind farm in the Southern
Australian market over the next 3 years.” Hemisphere. The assembly team combined
the three heaviest components – the nacelle,
With over 3000 existing wind turbines hub and drive train – on the ground and
installed across Australia, Boom’s growth in craned them into place in a single movement,
this sector is well supported by ongoing weighing in at 210 tonnes. This ‘superlift’ has
maintenance activity in the operation of wind now been completed at 15 of the 18 turbines
farms, providing both reactive and that have been installed so far.
preventative maintenance services. We have
solid bookings and this generates recurring The current expected completion date for
revenue and our share of this maintenance wind turbine installation is June 2021. COVID-
work is increasing. 19, a particularly wet winter in 2020, and
challenging wind conditions throughout early
Source: Boom Logistics 2021 have contributed to a delay in the
installation schedule.
“Our team are working hard to deliver this
important renewable energy project for
Mortlake South Wind Farm Victoria,” said ACCIONA Energy Australia
reaches halfway point of Managing Director Brett Wickham.
turbine installation
“Major projects like our Mortlake South Wind
18 March
Farm play an important role in not only
ACCIONA’s Mortlake South Wind Farm has
greening our State’s energy mix, but also
passed another important construction
bringing a substantial economic boost, local
milestone this week, with the installation of
jobs and industry development to regional
the 18th wind turbine generator on Tuesday
areas and the communities where they’re
16th March.
located” said Wickham.
Once complete, the 157.5 MW project will
The Mortlake South Wind Farm was
house 35 wind turbine generators, with the
successful in the 2018 Victorian Government
erection this week marking the halfway point
VRET Renewable Energy Auction Scheme,
for turbine installation.
supporting the achievement of the Victorian
Renewable Energy Target.
“We’ve faced some unique challenges during
the construction period so far,” said Mortlake
South Wind Farm Project Manager Andrew
Tshaikiwsky.
Page 15 (Click on relevant project links to go to online Project Database)This came with significant commitments to - for the entire Coles Group to be powered by
local content and local investment. All of the 100% renewable electricity by the end of
steel towers for the Mortlake South Wind FY25; and
Farm were made using Australian steel, and - to reduce combined Scope 1 and 2
manufactured at either Keppel Prince in greenhouse gas emissions by more than 75
Portland, VIC, or at Heywards Steel in per cent by the end of FY30 (from a FY20
Tasmania. baseline).
Once commissioned, the 35 Nordex wind CEO Steven Cain said: “We have already
turbine generators at the Mortlake South reduced Scope 1 and Scope 2 greenhouse gas
Wind Farm will produce enough renewable emissions by 36.5% since 2009 and have been
energy to power more than 117,000 homes. a leader in securing renewable energy.
“We’re proud to be contributing to the Our new targets for Scope 1 and 2 emissions
development of Australia’s renewable energy commit us to an accelerated reduction in
industry, and are thrilled that this project is greenhouse gas emissions that exceed the
nearing completion,” concluded Wickham. climate change ambitions of the Paris
Agreement and will help sustain Australia for
Additional information about the Mortlake generations to come by working together with
South Wind Farm can be found on the our customers, suppliers and members of the
Mortlake South Wind Farm project website - community.”
https://www.acciona.com/projects/mortlake-
south-wind-farm/ Further information, including Coles Group’s
Climate Change Position Statement, can be
Source: ACCIONA found at
https://www.colesgroup.com.au/climatechan
ge
Source: Coles Group
Coles Group releases Climate
Change Position Statement
and sets emissions targets
under new ‘Together to Zero’
ambition
19 March
Coles Group (Coles, ASX: COL) has today
released its Climate Change Position
Statement and announced targets to reduce
greenhouse gas emissions, including the
following commitments:
- to deliver net zero greenhouse gas emissions
by 2050;
Page 16 (Click on relevant project links to go to online Project Database)You can also read
