Five Years of CleanCo: A Milestone in Queensland’s Clean Energy Journey

Published: 31 October 2024

Today we celebrated five years of CleanCo’s commitment to delivering clean energy solutions for Queensland. Since our establishment, we’ve been dedicated to helping customers thrive in a net-zero future, and we’re proud to reflect on the incredible journey that has brought us here. As we celebrate this milestone, we also look ahead to the exciting developments on the horizon.

A Strong Foundation: Our Early Days

CleanCo was created with a clear mission—to support Queensland’s transition to a renewable energy future. In 2019, we began trading in the National Electricity Market, acquiring our foundational assets: Wivenhoe, Barron Gorge, Kareeya, Koombooloomba, and Swanbank. These assets laid the groundwork for what has become an impressive clean energy portfolio.

The following year, we celebrated a major achievement with the signing of our first customer and the generation of over 1,200 GWh between 2019 and 2020.

Accelerating Our Impact

In just five years, CleanCo’s impact has grown exponentially. Since signing our first power purchase agreement (PPA) with the MacIntyre Wind Farm for 400 MW, we’ve made incredible strides. Today, CleanCo has generated more than 10,000 GWh of clean energy, signed five PPAs, and secured nearly 2.3 GW of projects in Central Queensland. We’ve also created the Swanbank Clean Energy Hub and begun construction on our first big battery, further solidifying our role as a key player in the state’s clean energy transformation.

Beyond energy, CleanCo is committed to the communities we serve. We’ve directed over $150,000 to support community initiatives, welcomed 24 new customers, and grown our team to over 300 passionate employees.

Strategy and Growth Pipeline

CleanCo’s new enterprise strategy sets bold goals to lead Queensland’s renewable energy transition. We aim to service 20% of the state’s energy market with a diverse 5 GW fleet of wind and solar, supported by gas, hydro, and energy storage.

Sustainability and net-zero targets remain central to everything we do. We are committed to delivering positive social and environmental outcomes for our people, customers, and communities. Driving this transformation will be our diverse and connected team, operational excellence, and a focus on digital transformation.

Celebrating Our People

None of our success would be possible without the incredible people who make up CleanCo. Our team’s dedication and passion for renewable energy is the driving force behind our achievements. Together, we are shaping a cleaner, more sustainable future for Queensland.

Happy five years to us!