Investor backs $350m Gladstone solar project
More than 300 construction jobs are expected to be generated in bringing the 300MW project online, with early works tipped to kick off in coming months.
United Green has signed an agreement to acquire a majority stake from the current project owner, Renew Estate.
Premier Annastacia Palaszczuk described the equity investment from United Green ass a vote of confidence in Queensland’s renewables sector.
“While there are still some steps for this project to follow, this major investment will mean hundreds of new jobs in the Gladstone region when the project is due to start later this year,” she said
Renew Estate director Vincent Dwyer said the Rodds Bay project was a commitment to a sustainable future for the Gladstone region.
“We are passionate about the potential for Central Queensland as a renewable energy hub supporting heavy industry and are committed to supporting an energy transition there in partnership with the community,” he said.
“We are delighted to have secured such a capable and experienced partner in United Green, with a shared vision for Queensland as a renewable energy powerhouse.
“Rodds Bay will not only create direct employment through jobs on site but will create major opportunities for suppliers across a range of areas.
“We worked closely with Trade and Investment Queensland (TIQ) to secure the investment, and we are very grateful to TIQ for their introductions and support.
“We’re also continuing to work closely with them to connect into local supply chains as part of delivering jobs and regional economic development.”
Located about 50km south of Gladstone, Rodds Bay Solar Farm has planning approval for an integrated storage facility. It will connect to Queensland’s 275kV transmission network between Bororen and Rodds Bay.
It is the latest project for the Renew Estate joint venture – which also owns the Whitsunday, Hamilton and Clermont solar farms in Queensland.
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