In a major step forward for AGL's Silverton Wind Farm project, the NSW Planning Assessment Commission (PAC) has approved the construction of the wind farm. The independent PAC approved AGL's Modification 3 application, which takes advantage of advancements in wind turbine technology, reducing the number of wind turbines required to be built.
Project manager Adam Mackett said this was great news for the $450 million project, which has the potential to provide valuable investment in the local region.
“This is a very positive step in the right direction. The project is moving along well, but there are a few key factors to be determined before a final decision is made on whether the project proceeds,” Mr Mackett said. “These include commercial discussions with a preferred contractor and financing arrangements.”
A final investment decision is subject to approval from the Powering Australian Renewables Fund (PARF). If successful, Silverton could be the PARF's first greenfield renewable development.
The Silverton Wind Farm will produce approximately 700,000 MWh of renewable energy annually, enough to power 120,000 average Australian homes.
For more information on the PARF and renewable energy, refer to our Sustainability Report.