The Western Australian Government has given the go ahead for a joint venture between the state-owned energy generator and retailer, Synergy, and a private sector investor to build the new Warradarge Wind Farm, near Eneabba.
The investor is believed to be the Dutch Infrastructure Fund, although no final agreement has yet been reached.
The Warradarge Wind Farm can be developed up to 250MW and is recognised as one of the best renewable energy projects in Australia due to its location. Its final size will be determined on completion of the engineering, procurement and construction contract tendering process that is currently underway.
Synergy and its partner will also jointly develop Stage 2 of the Greenough River Solar Farm south of Geraldton to increase its capacity from 10MW to 40MW.
This joint initiative will ensure Synergy meets its Large-scale Renewable Energy Target (LRET) obligations through local projects, believed to be valued at around $460 million.
Under Commonwealth legislation, the LRET scheme requires 33,000 gigawatt hours of renewable energy to be produced nationally by 2020 and those levels maintained until 2030.