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Acciona will build a 1,026 MW wind park in Queensland (Australia)

Spanish conglomerate Acciona will build the 1,026 MW MacIntyre wind park in Queensland (Australia), for a total investment of AUD1.96bn (US$1.19bn). The group has reached an agreement with CleanCo, the Queensland government energy producer, which will acquire and operate 100 MW of the wind park. Acciona will own the rest of the park (926 MW), supplying CleanCo with 400 MW through a 10-year power purchase agreement (PPA), and will negotiate with other potential offtakers and investors to conclude additional PPAs. The project requires the construction of 64 km transmission lines. Construction is expected to start in mid-2021, and the entire wind project is scheduled to be fully operational in 2024.

According to the Clean Energy Regulator (CER) of Australia, 6.3 GW of new renewable power capacity were commissioned in Australia in 2019 (i.e. 24% more than 2018 installations), including 3.9 GW of utility-scale wind and solar capacity and 2.4 GW of residential and commercial rooftop solar capacity (i.e. 40% more than in 2018, when 1.7 GW of rooftop capacity was added). In addition, project developers announced new financial close announcements of 2 GW and more than 6 GW should be connected to the grid in 2020, with rising rooftop installations.

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