Antinuclear

Australian news, and some related international items

Australia’s first offshore wind farm wins international funding

The Age , Cole Latimer, 6 Dec 17, Australia’s first offshore wind farm, an $8 billion 2000 megawatt project, has secured financial backing from a major international green energy investment fund.

Offshore Energy has joined with Danish fund management group Copenhagen Infrastructure Partnership to develop the renewable energy project.

The offshore wind farm, dubbed the Star of the South, will be built 10 to 25 kilometres off the coast of Victoria’s Gippsland region, in the Bass Strait, and could provide one and a half times the energy of the now-closed Victorian Hazelwood coal-fired power station.

Offshore Energy managing director Andy Evans told Fairfax Media the partnership would transform the company and lift the viability of offshore wind for Australia………

Star of the South is currently Australia’s only offshore wind project.

“The industry doesn’t really exist at the moment,” Mr Evans told Fairfax Media.

He said there is currently a greater focus on solar and onshore wind projects in Australia, as they are currently cheaper than offshore wind, however, “the cost of offshore will come down, and has already seen falling costs in Europe.”

However, it is not Australia’s only offshore renewable energy project in development.

There are a number of wave energy projects currently underway around the nation’s coast. Wave Swell Energy is one wave energy generator that is also using the Bass Strait as its testing grounds.

The group is carrying out commercial validation of its technology off King Island, in the Bass Strait.

It has signed an offtake agreement with Hydro Tasmania for an initial 200-kilowatt trial unit, and will operate during 2018 after its initial funding goals are reached. http://www.theage.com.au/business/energy/australia-s-first-offshore-wind-farm-international-funding-20171205-p4yxfb.html

Advertisements

December 8, 2017 - Posted by | Victoria, wind

No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: