CS Energy, a Queensland government-owned company, is considering investing in EDF Renewables’ proposed 230MW Banana Range Wind Farm and could buy power from the project.
EDF and CS Energy have signed a memorandum of understanding on the Central Queensland project, which will begin construction in 2024.
The wind farm is expected to start operating in 2026.
The MoU linked both firms’ similar interests in the region, according to EDF Renewables Australia CEO Dave Johnson.
He also added “CS Energy has an established, long-term presence in the Banana Shire Council district through its Callide Power Station, and EDF Renewables is building a large presence in the same community with the construction of the Banana Range Wind Farm.”
“It’s an ideal partnership that brings together like-minded companies working together on common interests, which includes maximising opportunities for the local community through the energy transformation.”
The MoU, according to CS Energy CEO Andrew Bills, complements the publicly-owned power company’s previous investments in renewable hydrogen and energy storage, adding “This MoU demonstrates CS Energy’s commitment to securing a balanced mix of energy sources that can meet our customers’ requirements while also supporting Queensland power system security and reliability.”