Australia’s Stanwell signs deal to buy Aldoga Solar Farm energy output
The deal will help power the Central Queensland Hydrogen (CQ-H2) Project.
Queensland government-backed company, Stanwell, inked a 15-year deal with Spain-based ACCIONA Energía on the 100% purchase of the 380 MW output from the Aldoga Solar Farm.
The energy supplier arranged to supply output from the solar farm to the anticipated Central Queensland Hydrogen (CQ-H2) Project, which is on its Front End Engineering Design study after receiving US$74.19m (A$117m) from government and consortium partners – the largest investment for a hydrogen project in Australia to date.
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The latter project is planning the largest renewable hydrogen project in Queensland, seeking to deliver renewable hydrogen supply to Japan and Singapore, in addition to prominent customers in Central Queensland.
The solar farm is one of the major milestones that the Queensland Government achieved in its commitment to renewable energy and sustainable power resources, integrating into its energy supply. Commercial operations for the CQ-H2 Project will begin by 2028.