Australian electricity generation company Snowy Hydro has signed a contract to purchase power and renewables certificates from a new CWP Renewables wind farm development in New South Wales, Australia.
The 15-year power purchase agreement will secure 200MW of clean power from the Uungula wind farm 14km east of Wellington.
The Uungula wind farm will consist of 97 wind turbines and will produce enough clean electricity to power more than 200,000 homes.
Snowy Hydro managing director and CEO, Paul Broad, said: “Renewables are the future and by combining our contracted wind and solar projects with our on-demand hydro assets we can provide ‘firm’, secure, low-emissions energy to the market, while keeping the lights on.”
“This new deal with CWP Renewables is targeted to start in 2026 after construction of Uungula is completed and will increase the total energy that Snowy purchases from renewables projects to 4.1 terawatt-hours each year.”
CWP Renewables CEO Jason Willoughby welcomed the second partnership with Snowy Hydro and stated in a comment: “At 414 megawatts, Uungula will be our largest wind farm to date…It’s great to have Snowy Hydro on board as a foundation offtaker for the project, which in turn helps us continue to develop our pipeline of renewable projects.”
Renewable energy developer CWP Renewables currently operates and owns 650MW of renewable energy assets in the National Electricity Market.
Construction of Uungula Wind Farm is planned to start in 2022.
