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November 11, 2021

MacIntyre Wind Farm, Australia

By Carmen

MacIntyre Wind Farm is a 1,026MW onshore wind power project. It is planned in Queensland, Australia. The project is currently in permitting stage. It will be developed in multiple phases. The project construction is likely to commence in 2021 and is expected to enter into commercial operation in 2022.

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
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Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 1,026 1,026 Permitting Queensland, Australia Acciona Energia; CleanCo Queenland

Description

The project is being developed by Acciona Energia and CleanCo Queenland. These companies also have ownership stakes in the project.

The project is expected to supply enough clean energy to power 700,000 households, to offset 3,000,000t of carbon dioxide emissions (CO2) a year. The project cost is expected to be around $1,390m.

The Tubular Steel structure to be installed at the phase, MacIntyre Wind Farm (MacIntyre Wind Farm Phase IA), site are expected to be 148m high.

The Tubular Steel structure to be installed at the phase, MacIntyre Wind Farm (MacIntyre Wind Farm Phase IB), site are expected to be 148m high.

The Tubular Steel structure to be installed at the phase, MacIntyre Wind Farm (MacIntyre Wind Farm Phase II), site are expected to be 148m high.

Development Status

The project construction is expected to commence from 2021. Subsequent to that it will enter into commercial operation by 2022.

Power Purchase Agreement

BHP and CleanCo Queenland are expected to be the power offtakers from the project.

Contractors Involved

Nordex will be the turbine supplier for the wind power project. The project consists of 180 units of N163/5.X turbines, each with 5.7MW nameplate capacity.

About Acciona Energia

ACCIONA Energia SA (Acciona) develops renewable energy projects. The Company constructs, operates, and maintains wind farm, photovoltaic, hydroelectric power, and biomass plants. Acciona Energia serves customers worldwide. Acciona is headquartered in Moraleja, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

Related Companies

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Wind Power Market seeing increased risk and disruption

The wind power market has grown at a CAGR of 14% between 2010 and 2021 to reach 830 GW by end of 2021. This has largely been possible due to favourable government policies that have provided incentives to the sector. This has led to an increase in the share of wind in the capacity mix, going from a miniscule 4% in 2010 to 10% in 2021. This is further set to rise to 15% by 2030. However, the recent commodity price increase has hit the sector hard, increasing risks for wind turbine manufacturers and project developers, and the Russia-Ukraine crisis has caused further price increase and supply chain disruption. In light of this, GlobalData has identified which countries are expected to add the majority of wind power capacity out to 2030. Get ahead and download this whitepaper for more details on the current state of the Wind Power Market.
by GlobalData
Enter your details here to receive your free Report.

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