The Ryan Corner wind project will be located approximately 300km from Melbourne and is estimated to come in at $359 million (AUS).
The project is expected to come online in the second half 2022.
(Source: Global Power Generation, renews, 7 Sept., 2020) Contact: Global Power Generation, www.globalpower-generation.com; Naturgy Group, www.naturgy.com
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The study predicts offshore wind generation will grow 15-fold to emerge as a $1 trillion industry in the next 20 years and will prove to be the next great energy revolution.
"Offshore wind currently provides just 0.3 pct of global power generation, but its potential is vast," according to IEA executive director, Fatih Birol. (Source IEA, July, 2020) Contact: IEA, Fatih Birol, Exec. Dir., +33 1 40 57 65 00, www.iea.org
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The wind farm near Goulburn in New South Wales incorporates 28 General Electric turbines to generate energy under a 20-year feed-in tariff (FiT) contract with the ACT government.
The wind farm is owned by Global Power Generation (GPG), a subsidiary of Spain's Gas Natural Fenosa (BME:GAS) and Kuwait Investment Authority. (Source: TransGrid, Renewables, 8 Nov., 2018) Contact: TransGrid, www.transgrid.com.au
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