Neoen will soon begin building the $373 million Kaban Green Power Hub in Far North Queensland and create 250 construction jobs.
The Kaban Green Power Hub will include a 157-megawatt mind farm and a 320-kilometre transmission line upgrade to strengthen the energy network in the region.
The Queensland Government is committing $40 million towards the network upgrade which will support Kaban and establish the North Queensland Renewable Energy Zone.
Neoen and Powerlink are partnering to upgrade the line between Cairns and Townsville to improve the network’s system strength, increasing the energy available to be dispatched from other plants in the region and unlocking up to 180 megawatts of additional capacity for future projects.
The project is underpinned by a long-term power purchase agreement with CleanCo, Queensland’s publicly owned clean energy company. It will deliver competitively priced electricity, contributing towards Queensland’s target of 50 per cent renewable energy by 2030 and creating new investment and over 250 construction jobs in Far North Queensland.
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The project’s wind resource will generate 457 gigawatt hours of affordable clean energy each year, enough to power 100,000 Queensland homes.
Neoen is also working closely with the Jirrbal people, Traditional Owners of the land on which the project is located, to deliver a range of employment and community development outcomes.
Neoen Australia’s Managing Director Louis de Sambucy thanked the Queensland Government and CleanCo for their support.
“We are also grateful to those in the wider community who have advocated for the project and the benefits it will bring,” de Sambucy said.
“We are proud of the pivotal role the project is playing in establishing the North Queensland REZ and look forward to Kaban contributing to Queensland’s energy transition, and to supporting the region’s recovery from COVID-19.”