Tilt Renewables will go ahead with the $560 million Dundonnell wind farm in Victoria, after the company landed a major 15-year contract with Snowy Hydro for half the output of the 336MW facility.
Construction of the project will begin early next year and be completed by the end of 2019.
The Dundonnell wind farm will be one of the biggest in the state, and was one of three wind and three solar farms that won a contract with the Victoria government in the largest tender for renewable energy in the country.
That government contract only accounted for 37 per cent of the wind farm’s proposed output, but Tilt has confirmed it had signed a 15-year contract for half the output with Snowy Hydro, as part of its package of 888MW of “firm” wind and solar well below the price of fossil fuels and current wholesale prices.
Tilt is also working on a number of other significant projects in Australia, including the addition of a 40MW solar farm and a 20MW battery to its Snowtown wind complex in South Australia; the Waddi project in W.A. that could combine 105MW of wind and 40MW of solar; and the Highbury pumped hydro project in an old quarry in the Adelaide foothills.
It has a further three solar projects and a further five wind projects also in the development pipeline.