Winds gusted up to 80 kilometres an hour when Victoria’s Energy, Environment and Climate Change Minister Lily D’Ambrosio inspected the Mount Gellibrand wind farm.
Thirteen of the 44 wind farm’s towers are now complete, with blades installed on four towers. Three turbines will go in each week between now and the project’s mid-year completion.
The $265-million Acciona Energy project was a successful tenderer in 2016 for the Victorian Government’s renewable certificate purchasing initiative – which guarantees half of the project’s revenue for up to 10 years.
“It’s almost like having had something in the bank and then being able to leverage further financing and then grow the project,” Ms D’Ambrosio told the Colac Herald on Wednesday.
She said the project benefited the local community through lease payments to eight private landowners, rates paid to Colac Otway Shire Council and job creation.
“There are multiple property owners that are benefiting from this very large wind farm,” Ms D’Ambrosio said.
She said a restrictive policy under the 2010 to 2014 state Coalition government had stunted the growth of wind farms in Victoria.
“The cheapest form of new-build energy, anywhere globally, is wind energy,” Ms D’Ambrosio said.
Acciona Energy Australia managing director Brett Wickham said the wind farm was first considered in 2004, but became possible last year with the State Government’s purchasing initiative.
For the full story see today’s Colac Herald.