Renewable Energy Powering Alinta’s Growth

17/11/2016
Alinta Energy has entered into a binding agreement to acquire an option over the rights to the 300MW Yandin Wind Farm development in WA. If fully developed, the Yandin investment is expected to cost Alinta Energy up to $600 million and produce enough electricity to supply the equivalent of up to 225,000 West Australian homes. 

The Yandin Wind Farm development is a well progressed renewable project opportunity with a high class wind resource that has land tenure agreements and planning permits already secured” said Alinta Energy CEO, Jeff Dimery.

“We will continue to progress the development, including the necessary commercial arrangements, assessing the preferred wind farm capacity, selecting the optimal wind turbine technology and the evaluation of grid connection options ahead of any investment decision. During this period of development activity the engagement with local community will be a priority for us.”

"At Alinta Energy we are committed to reducing the average carbon intensity and improving the efficiency of our generation assets. Large scale renewable generation opportunities like Yandin will complement our flexible gas generation fleet and help to produce clean, affordable and reliable energy for our West Australian customers."

"We are working hard to position Alinta Energy as the preferred supplier of energy in a carbon constrained future."

The Yandin Wind Farm development is permitted for up to 300 MW of new generating capacity reflecting Alinta Energy’s growing electricity customer base and its capability to optimise between renewables and existing gas fired generation capacity. This option complements a range of unique renewable generation opportunities, including wind and solar, which are actively being progressed across Australia.

At the other end of the renewable scale, Alinta Energy’s rooftop solar product is also experiencing strong growth with record monthly sales achieved during the month of October.” Customers are keen to have their units installed prior to summer to maximise the benefits of their investments” said Mr Dimery. “The way we produce and consume energy is changing, it’s important Alinta not only keep pace with these changes, indeed as energy experts we need to innovate.”