Renewables sector crowds around Canberra’s innovative leadership

Released 14/12/2015

Plans to centralise Canberra at the heart of Australia’s growing renewable energy sector have drawn a step closer with the opening of Windlab’s Global Operations Hub in Canberra, Minister for the Environment Simon Corbell announced today.

“Australia’s growing renewable energy sector is voting with its feet to choose Canberra as the focal point for renewable energy investment and knowledge building into the future,” Mr Corbell said.

“I’m proud to be here at the opening of Windlab’s Canberra-based global operations hub, which will strengthen the territory’s successful relationship with this local Australian company.”

Windlab’s investment plan for Canberra is a direct outcome of the ACT Government’s first wind auction announced in February 2015.

The Coonooer Bridge Wind Farm, developed by Windlab, achieved a record low Feed-in Tariff of just $81.50 per megawatt hour, demonstrating the global competitiveness of Windlab and its ability to deliver world-class wind energy projects.

“A big lesson we learned from this month’s climate summit Paris is states and regions need to take initiative in developing local renewable energy investment,” Mr Corbell said.

“The Federal Environment Minister has urged other states to look to the ACT Government for its leadership in this area by adapting our innovative reverse auction scheme, which we’ve seen has been a great success in the ACT.”

As part of its local investment plan, Windlab will also expand its “renewables in schools” education initiative, work with the ANU to develop a Master’s unit in Wind Energy, and employ additional university interns in the Windscape Institute to support the company’s ongoing international expansion.

The hub will undertake asset and operations management of all Windlab wind farms, domestically and internationally, and provide a launching pad for the management of other Australian and international renewable energy assets.

“By locating the hub in the ACT, Windlab estimates it will contribute $240 million to the ACT economy over the next 20 years of the Feed-in Tariff,” Mr Corbell said.

“The government is confident the operation hub can help seed a new renewable energy innovation precinct here in the ACT, attracting renewable energy companies from the ACT, Australia and overseas.

“This is a great example of how the government’s innovative renewable energy policy can encourage economic growth and diversification which will help our city adapt and prosper into the future.”

- Statement ends -

Section: Simon Corbell, MLA | Media Releases

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