Construction is kicking off on a multimillion-dollar solar farm between Chinchilla and Miles, creating 400 jobs from this month.
Energy Minister Dr Anthony Lynham today announced that Hana Financial Investment would build the 162 megawatt Columboola Solar Farm.
It came as UK-based project developers Luminous Energy announced financial close on the solar farm project and its concurrent sale to Hana.
Contractor Stirling and Wilson is leading the construction work, which is due to be completed by the end of next year.
“With the government’s new renewable energy zone initiative for South-West Queensland, Columboola is set to be followed by ongoing new renewable energy projects and jobs,” Dr Lynham said.
“Queensland is forecast to reach 20 per cent renewable generation this year and projects like this continue to drive us to our target of 50 per cent by 2030.”
CS Energy will buy 100 per cent of the output of the solar farm and on-sell it to its large commercial and industrial retail customers, including Griffith University, CQUniversity and QUT.
The Columboola Solar Farm, believed to be valued about $300 million, will feature solar technology such as bifacial panels that absorb light from both the front and the back, and single axis trackers that follow the sun.