CleanCo has secured a landmark 100 per cent renewables-backed deal with Coles to help sustainably power the retail giant’s Queensland operations.
Wind and solar energy generated on Queensland’s Southern Downs and Western Downs will be helping to power Coles supermarkets and their other retail outlets right across the Sunshine State.
Under the 10-year agreement, Coles will purchase 400 GWh of electricity per year, commencing 1 July 2022.
CleanCo CEO Dr Maia Schweizer said that providing clean energy at a competitive price to Coles allows CleanCo to create growth and jobs in regional Queensland associated with its 2025 goal of 1000 MW of new renewable generation.
“Solar power from Neoen’s Western Downs Green Power Hub and wind power from ACCIONA’s MacIntyre wind farm will contribute three quarters of the contracted electricity requirements, with the remainder supported by our unique low-emissions portfolio,” Dr Schweizer said.
“We are proud to partner with Coles and provide this volume of renewables-backed power under one contract.”
Coles CEO Steven Cain said the increased use of renewable energy is a major part of Coles’ commitment to be Australia’s most sustainable and trusted supermarket and grow long-term shareholder value.
“We are thrilled that with these agreements, Coles can make a significant contribution to the growth of renewable energy supply in Australia, as well as to the communities we serve.”