Leading French renewable energy company Neoen is developing its Hornsdale Wind Farm near Jamestown in South Australia’s Mid North over three stages, representing a total capital expenditure of around $800 million. In 2015-16, the company secured finance for Stages One and Two with construction now underway.
Once all three stages are completed, the Hornsdale Wind Farm will have the capacity to generate 310 megawatts from about 100 wind turbines.
Commissioning for Stage One has begun and will continue throughout 2017. The energy generated will be supplied to the Australian Capital Territory Government, which secured the feed-in tariff.
Neoen expects Stages One, Two and Three of the Hornsdale project to provide enough power for 56,000 Canberra homes and provide 13 per cent of the Australian Capital Territory’s projected electricity demand in 2020.
The project is expected to create up to 150 construction jobs over all three stages, with an additional 10 operational jobs post-construction.
The case management support delivered by Investment Attraction South Australia has assisted Neoen to navigate the necessary regulatory and development approvals processes to secure this significant energy project.