DP Energy and Spanish company Iberdrola will be partnering to deliver a new hybrid wind and solar project in South Australia, with construction on the Port Augusta Renewable Energy Park (PAREP) anticipated to begin by mid-2020.
Iberdrola is committing approximately $500 million to deliver this renewable energy project.
“We are delighted to have partnered with Iberdrola on this project.
“It’s exciting that they’ve chosen PAREP for their first investment in Australia and we are enthusiastic to see the project commence construction. DP Energy will continue to work with stakeholders and the local community to support Iberdrola through construction and commissioning,” DP Energy CEO Simon De Pietro said.
PAREP is going to be built on a 5,400-hectare site that spans from Port Paterson in the north to Winninowie in the south as well as spanning Highway One. The hybrid renewable energy project will comprise of 50 wind turbines with a total generation of 210MW and up to 1.6 million solar panels with a total generation of 110MW.
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
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