Top-league consortium to finance Australia’s largest wind farm

Date: 2017-12-21   Author: Saipriya Iyer  Category: #news

Top-league consortium to finance Australia’s largest wind farm

Telstra, Coca-Cola Amatil, Melbourne University, and the Australia & New Zealand Banking Group (ANZ) are reportedly expected to buy out the energy generated from the Murra Warra wind farm in Australia. The strategic move will assist the firms in securing access to sustainable energy, thereby enabling them to provide power supply for more than 220,000 households across the country in the near future. According to expert opinions, the proactiveness displayed by the firms will help in fulfilling the nation’s objective of lowering GHG emissions.

Authentic sources cite that the wind farm in Victoria is projected to generate nearly 226 MW of energy in its initial phase of power production and is anticipated to possess approximately 116 turbines. Industry analysts are of the view that the farm has the ability to generate nearly 429 megawatts of energy and can reduce GHG emissions by about nine lakh tons every year. According to reports, the height of the turbines has been estimated at approximately 220 meters and the farm is expected to commence its operations by 2020.  

As per the pre-purchase agreement, Telstra is predicted to offer energy services to the rest of the group. Experts have stated that the interest exhibited by the firms in the purchase of the renewable energy can boost the use of green energy across myriad industries in the country. This initiative is also set to spur the construction of more such wind farms across the region, cite reliable sources.

It has been claimed that the construction of the wind farm will begin next year. According to the reports, it is projected to be the largest in the country, followed by the Macarthur Wind Farm. Sources have claimed that the Murra Warra wind farm plans to generate nine more megawatts of power as compared to its Macarthur counterpart.



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Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website...

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