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Fortescue abandons 5.4 GW renewable energy hub project in Australia

Fortescue Metals Group, through its affiliate Pilbara Energy, has abandoned its plans to develop up to 5.4 GW in a wind, solar and energy storage project to supply its iron ore mining operations in Western Australia with renewable energy. The Uaroo Renewable Energy Hub was expected to include a 3.33 GW solar park and 340 wind turbines with an estimated combined capacity of about 2.04 GW that would be backed with a 9.1 GWh battery storage. 

The project was part of Fortescue's Pilbara Generation Project, which initially aimed at developing 150 MW of gas-fired capacity, along with 150 MW of solar PV and 50 MW of battery storage, that would supply Fortescue's mines through a 275-km-long power transmission line.

The Group estimates that its mining operations generate more than 2.5MtCO2e/year and that it would need to deploy between 2 GW and 3 GW of additional renewable energy generation and storage to decarbonize its operations before 2030. 

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