Our $570 million investment is expected to create up to 400 jobs for the local area and South West Queensland region when construction begins in July 2020. Connection will be via the Western Downs substation via a new overhead line, with energy generation expected to begin in 2022. Neoen will be the long-term owner and operator of the project, and we are committed to sharing the ongoing benefits of this development with the local community. The establishment of a Community Benefit Fund will provide opportunities for local community-building initiatives totaling $100,000 every year for the lifetime of the project. We are also working closely with the Traditional Owners, the Barunggam, to go beyond current best practice for Indigenous participation, targeting 10% of the project’s employment, training and supply chain.
Neoen has signed a 352 MWp power purchase agreement with CleanCo Queensland in one of Australia’s most substantial renewable energy agreements to date, enabling us to move ahead with building Western Downs Green Power Hub. At 460 to 480 MWp it will become Australia’s largest solar farm delivering clean energy into Powerlink Queensland’s transmission network. Once built, the project will generate energy to power 235,000 Queensland homes, or enough to power every home on the Sunshine Coast.