Country Australia Commission date Mid 2015 Construction cost 280 million AUD Construction began September 2013 | Status Operating Operator(s) CWP Renewables Phone +61 1800 730 734 Units operational 51 | |
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Location Near Taralga, New South Wales Owner(s) State Power Investment Corp Address 454 Bannaby Rd, Taralga NSW 2580, Australia Hours Open today ยท Open 24 hoursMondayOpen 24 hoursTuesdayOpen 24 hoursWednesdayOpen 24 hoursThursdayOpen 24 hoursFridayOpen 24 hoursSaturdayOpen 24 hoursSundayOpen 24 hoursSuggest an edit | ||
Taralga wind farm community open day 14th of june 2015
The Taralga Wind Farm is a wind farm located near Taralga, New South Wales.
Contents
Taralga Wind Farm was CBD Energy/Santander's first and only wind farm. It is a 106.8 megawatt wind farm with 51 turbines. The energy produced by the wind farm can power around 45,000 average Australian households per year, saving over 258,000 tonnes of greenhouse gas emissions per year.
Location
The Taralga Wind Farm is near Taralga.
Timeline
On 20 February 2012, approval was granted by the New South Wales Government for work to commence on the Taralga Wind Farm, after the approval of the Stage 1 CEMP. The project consists of 51 wind turbines generating 106.8 Megawatts of electricity on ridges to the east of Taralga. Electricity generated by the project will be fed into the national power grid through a 37.5 km transmission line to Marulan Substation.
The project to created up to 200 local jobs during the construction phase. Approval of the wind farm followed an unsuccessful challenge by the Taralga Landscape Guardians in the Land and Environment Court of New South Wales to block the project on the grounds of aesthetic and environmental impacts including noise emissions and blighting of the landscape. Chief Justice Brian Preston ruled in favour of approving the wind farm as the long term benefit of reduced greenhouse gas emissions was in the greater public interest. On June 2015, the wind farm was fully commissioned and commenced commercial operations. The layout of the wind farm can be seen through this link.
On March 2015, the Chinese state-owned utility State Power Investment Corp agreed to purchase the Wind Farm for a reported A$300 million, which includes the A$200 million debt facility from the CBD Energy (now BlueNRGY) and Banco Santander subsidiary Capital Riesgo joint venture. The project is currently operated under an O&M contract with Vestas Australia, and has Wind Prospect CWP as asset Managers.
Funding
To help fund the construction of the wind farm, CBD Energy/Santander signed a A$200 million project finance debt facility agreement with ANZ, CEFC, and EKF. The project had off-take backing from EnergyAustralia The total project cost was A$280 million.