Waddi Wind Farm, Australia

Waddi Wind Farm is a 105MW onshore wind power project. It is planned in Western Australia, Australia. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned 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.

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Project Type	Total Capacity (MW)	Active Capacity (MW)	Pipeline Capacity (MW)	Project Status	Project Location	Project Developer
Onshore	105	–	105	Permitting	Western Australia, Australia	Continental Wind Partners; Tilt Renewables; Wind Prospect

Description

The project is being developed by Continental Wind Partners, Tilt Renewables and Wind Prospect. The project is currently owned by Tilt Renewables with a stake of 100%.

The project cost is expected to be around $170.625m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2022.

Contractors Involved

Vestas Wind Systems will be the turbine supplier for the wind power project. The wind power project consists of 57 turbines.

About Continental Wind Partners

Continental Wind Partners LLC (CWP) is a renewable energy company that develops and operates wind farms. The company’s business activities range from greenfield project through development, financing, and construction. It also offers project development activities include site selection, development and design, procurement and financing, wind measurement, and construction management and operation. CWP’s projects include Boco Rock Wind Farm, Sapphire Wind Farm, Independenta, and others. The company develops projects in Australia, Bulgaria, Poland, Romania, and Serbia. CWP is headquartered in Wilmington, Delaware, the US.

About Tilt Renewables

Tilt Renewables Ltd (Tilt Renewables) subsidiary of Powering Australian Renewables, is an electricity generation company. It is a developer, manager and owner of renewable energy generation assets. The company produces electricity with the wind turbine technology. Its project portfolio includes Rye Park Wind Farm, Tararua Wind Farm, Mahinerangi Wind Farm, Snowtown Wind Farm, Blayney Wind Farm, Crookwell Wind Farm, Waipipi Wind Farm and Dysart Solar Farm, among others. Its The Dundonnell Wind Farm project is located twenty three kilometers north-east of Mortlake, in the Western District of Victoria, Australia. The company operates in New Zealand and Australia. Tilt Renewables is headquartered in Melbourne, Victoria, Australia.

About Wind Prospect

Wind Prospect Pty Ltd (WPPL), a subsidiary of Wind Prospect Group Ltd, is a alternative energy company that develops, operates and maintains onshore and offshore wind energy projects. The company designs, constructs and operates wind power plants. It offers wind resource assessment and development, pre construction, construction management, operation and maintenance, engineering and procurement, and advisory services, energy consulting,. WPPL also develops and operates solar energy and hydro energy projects. The company operates its projects across the globe. It operates in China, Singapore, the Philippines, and Australia. WPPL is headquartered in Fitzroy, Victoria, Australia.

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.