EDQ Secures Power Deal with Aldoga Solar Farm for Hydrogen Industry

1 Nov 2023

Economic Development Queensland (EDQ) is proud to announce that the Aldoga Solar Farm, situated within the Gladstone State Development Area (SDA), has secured a Power Purchase Agreement (PPA) with ACCIONA Energía. The publicly owned energy company, Stanwell Corporation, has signed a 15-year, 380-Megawatt PPA with ACCIONA Energía to purchase 100 per cent of the output from its planned Aldoga Solar Farm, which is located on land developed by EDQ.

The Aldoga Solar Farm is a significant milestone in the Queensland Government’s commitment to renewable energy targets, playing a pivotal role in harnessing clean and sustainable power sources to achieve the region’s renewable energy goals. This development exemplifies Queensland’s dedication to fostering clean energy initiatives, as the Aldoga Solar Farm is just one facet of Queensland’s growing network of clean energy hubs located within our SDAs.

Stanwell plans to supply output from the Aldoga Solar Farm PPA to the proposed Central Queensland Hydrogen (CQ-H2) Project, currently undergoing a Front End Engineering Design (FEED) study. The Aldoga Solar Farm will be located adjacent to the proposed hydrogen production facility site for the CQ-H2 Project.

The CQ-H2 Project is developing Queensland’s largest renewable hydrogen project and aims to deliver renewable hydrogen via its different carriers, to Japan and Singapore, as well as supplying large domestic customers in Central Queensland. The FEED study represents the largest investment in an Australian renewable hydrogen project of its kind to date, with a commitment of AU$117 million from government and consortium partners. The CQ-H2 Project commercial operations are planned to commence from 2028.

EDQ is committed to nurturing and sustaining the clean energy landscape, and we are proud to be a part of this innovative project that will drive economic growth and job creation in Central Queensland. We believe that this project will not only ensure seamless integration and operation for new-generation clean energy businesses but also come with comprehensive and continuous support from EDQ, underscoring the commitment to nurturing and sustaining the clean energy landscape.

We are excited to see this project progress and look forward to the positive impact it will have on the region’s economy and environment.

 

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