Bungaban Wind Energy Project is a 1,400MW onshore wind power project. It is planned in Queensland, Australia. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the permitting stage. It will be developed in a single phase. The project construction is likely to commence in 2025 and is expected to enter into commercial operation in 2029. Buy the profile here.
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Description
The project is being developed and currently owned by Windlab. The company has a stake of 100%.
The project is expected to supply enough clean energy to power 740,000 households, to offset 4,000,000t of carbon dioxide emissions (CO2) a year.
Development status
The project construction is expected to commence from 2025. Subsequent to that it will enter into commercial operation by 2029.
Power purchase agreement
The power generated from the project will be sold to Rio Tinto under a power purchase agreement for a period of 25 years.
For more details on Bungaban Wind Energy Project, buy the profile here.
About Windlab
Windlab Pty Ltd (Windlab), is a subsidary of Squadron Energy Pty Ltd, is a renewable energy development company. It carries out commercialise atmospheric modelling and wind energy assessment technology, developed by Australia’s CSIRO. The company utilises ans owns the proprietary technology to identify, develop, finance, construct and operate quality wind farm sites, reducing the risk and uncertainty associated with wind development. Windlab has portfolio of wind farm development sites across Southern Africa, Oceania, and North America. It project portfolio includes Upper Burdekin, Burrawong, Collgar, Oaklands Hill, Amakhala Emoyeni, Bull Creek, Verdigre and others. The company also manages wind farms, solar farms, and hybrid renewable energy assets. Windlab is headquartered in Canberra, Australia.
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