The Australian subsidiary of Germany's
EPURON and
Macquarie Capital Group has signed a joint framework agreement to develop, finance and construct
Australia's biggest wind farm.
The project is currently being planned. Initial applications will be made in the approval procedure as early as next year.
The wind installations will be built near Silverton, western New South Wales. Between 400 and 500 wind turbines with a peak capacity of 1,000MW have the potential to supply 4.5 per cent of the annual energy needs of New South Wales with electricity. This is said to correspond to the power consumption of more than 400,000 households per year.
The Australian government recently signed the Kyoto protocol and is committed to generate 20 per cent of its electrical power from renewable energies by 2020.
IEA report shows nuclear sector booming despite costs
Delays, in the UK, over approval of nuclear, seem to be the major issue (such as for SMRs). The report is about market finance and does not address...