We are investing in a portfolio of new projects will enable us to provide our large commercial and industrial customers with clean energy solutions that meet their needs and support their decarbonisation pathways.
Beyond delivering critical energy, this program of works creates a unique opportunity to establish local supply chains, create a pipeline of jobs and training, decarbonise Queensland’s energy intensive industries and support regional economic development.
We are focused on supporting our customers on their decarbonisation journey by building our portfolio. Our aim is to add 5GW of wind and solar to our portfolio, backed by market leading, low emission firming portfolio of gas, hydro and storage assets.
CleanCo is partnering with Central Queensland Power (CQP), a joint venture between experienced renewable energy project developers RES and Energy Estate, to develop CleanCo’s 2.3GW portfolio of projects in Central Queensland.
CleanCo and CQP will assess and shortlist renewable energy projects which deliver the best outcomes for the environment, communities, including First Nations engagement and partnerships as well as industry, and Queensland’s overall renewable energy transformation.
Projects assessed as having the potential for delivering the best outcomes will be progressed to development phase by CleanCo and CQP. These projects will deliver CleanCo’s first build-own-operate wind and solar generation assets
CleanCo is working with the Ipswich community to transform the Swanbank Power Station site into a Clean Energy Hub, ensuring long-term jobs and economic opportunities for the region.
The Swanbank site has played an important role in supporting Queensland’s resource and energy supply for more than 50 years. The 336ha site has a proud history of coal mining and coal generation. Now its future is in sustainable, low-emission energy.
In 2021, CleanCo announced plans to develop the former coal-fired power station site into a Clean Energy Hub, as well as restore the environment and explore community infrastructure opportunities.
Read more about the Swanbank Clean Energy Hub.
A Battery Energy Storage System (BESS) stores excess electrical energy during periods of high generation – typically in the middle of the day when solar generation is highest – and releases it during periods of low generation and high demand – typically in the early morning and early evening hours.
In the National Electricity Market, battery systems are referred to as “firming assets” because they firm up energy supply from variable wind and solar sources.
For CleanCo, adding a battery system to our portfolio increases our capacity to provide reliable clean energy to our customers 24/7 even if there is no wind or sun.