The State Government is providing $300,000 towards the development of the Barcaldine Renewable Energy Hub with Sunshot Energy.
Sunshot estimates the project could create 200 local jobs and attract up to $500 million of new investment to the central-west.
Studies into the hub’s development will be conducted by the government’s Central Western Queensland Remote Area Planning and Development Board in partnership with the company.
Treasurer and Minister for Infrastructure and Planning Cameron Dick said the proposed hub, which would feature a new solar farm, had the potential to turbo-charge economic growth in the region.
Other renewable initiatives to be analysed as part of the Barcaldine Renewable Energy Hub include construction of a biosteam turbine generator and a 50-megawatt commercial battery for storage.
“We’re eager to continue harnessing Queensland’s natural advantages by investing in more large-scale renewable energy projects,” Mr Dick said.
“With the support of local councils, all of which are represented on our Remote Area Planning and Development Board (RAPAD), we’ll now investigate the proposed hub and how it can be best delivered for Queensland.”
Barcaldine Regional Council has committed $100,000 towards the proposal.