Andrew Forrest plans massive 2 GW renewable energy park
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Squadron Energy, owned by billionaire Andrew Forrest, is seeking to construct a huge renewable energy park with 2-gigawatt (GW) wind and solar farms attached to one of the world’s largest energy storage systems.
The Australia-based green power firm has submitted a scoping report to the government of New South Wales (NSW). The scoping report assesses the impacts and opportunities of Koorakee Energy Park since the plan is reported to be executed there.
Squadron Energy’s latest project, Koorakee, will be executed on 58,000 hectares in the Riverina region of NSW.
According to a report by Recharge News, the Koorakee plans include a wind farm with 167 turbines, a height of 270 meters, and a capacity of 1 GW.
Additionally, the wind farm will be complemented by a solar facility with a 1 GW capacity as well as a 1 GW/12 GWh energy storage, allowing energy to be stored for nearly 12 hours.
If built, the energy storage system will be one of the largest storage systems worldwide. Some of the world’s most significant energy storage systems are the Moss Landing power plant in the USA and the world’s largest thermal energy storage facility in UAE, with 3.3 GWh and 5.9 GWh capacities, respectively.
However, there are other hydro-energy storage plants and other projects in the pipeline that are expected to go live soon.
Also read: Carbon Streaming announces reforestation project with Microsoft and Rubicon Carbon
Andrew Forrest has recently actively participated in some of the world’s most prominent green energy projects. The projects include plans to produce extensive amounts of green hydrogen and ammonia in Egypt and a 44GW hydropower and green hydrogen project in the Democratic Republic of Congo.
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