Corio Generation, subsidiary of Macquarie's Green Investment Group, has unveiled plans for a 2.5-giggawatt offshore wind project located 14 miles from the coast of the Wellington Shire in Gippsland, eastern Victoria, Australia.
It could supply enough clean energy for about 1.6 million homes.
The announcement means Corio’s planned Australian offshore wind-energy projects now total 4 gigawatts. This includes the previously announced Great Southern Offshore Wind project, located off Gippsland’s Bass Coast, which is expected to have an installed capacity of up to 1.5 gigawatts.
“While offshore wind is a new technology in Australia, it is well established in countries such as the U.K., where it is a proven, clean and cost-competitive source of electricity. Offshore wind will play an important role in the mix of renewable energy that support Australia’s transition to a lower-c
