Squadron Energy, a Tattarang portfolio company, has broken ground on the 414MW Uungula wind farm in New South Wales, Australia.
The wind farm, featuring 69 turbines, will be situated 14km east of Wellington in native Wiradjuri country.
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The project will be located inside the Central-West Orana Renewable Energy Zone and has secured permission to link to the current transmission system.
The Uungula wind farm will generate sufficient electricity to supply 220,000 homes and offset more than 560,000 tonnes of carbon emissions annually.
The development will create 260 jobs and inject A$40m ($26.8m) into the local economy.
Tattarang chairman Andrew Forrest stated: “This is a huge announcement from a major Australian company that is getting on with the job of building the renewable energy capacity required to deliver the green power Australia urgently needs.”
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By GlobalData“The time for talk is over: we are investing right now in Australia’s green energy transition and creating jobs and economic development for regional Australia.
“No longer will we have to rely on expensive, volatile, planet-destroying fuels. We will have secure and inexpensive energy from a huge new industry for Australia.”
At the same time, Squadron Energy has formed an A$2.75bn green strategic alliance with GE Vernova.
GE Vernova will supply 69 6MW wind turbines worth A$1bn for the project while its consortium partners NACAP and CCP will provide engineering, procurement and construction services.
The US equipment maker will also supply turbines for Squadron Energy’s upcoming wind farms including Spicers Creek and Jeremiah.
In June 2022, state-owned Snowy Hydro signed an agreement with Squadron Energy (formerly CWP Renewables) to purchase power and renewables certificates for a 15-year term.
Squadron Energy has plans to go beyond the Uungula project, with a further 6GW of renewable energy developments in the pipeline.
This initiative is part of the company’s broader commitment to produce 14GW of green electricity.
