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RATCH’s multi-million dollar solar project in Collinsville is one step closer to becoming a reality with the Federal Government amending legislation to revise its Renewable Energy Target (RET).
The $100 million Collinsville solar photovoltaic project was delayed due to uncertainty with the legislation that regulates electricity coming from renewable sources.
Mayor Jenny Whitney said this was an important milestone for this project, which if constructed will have a major economic impact on the Whitsunday region.
“The construction phase of the project will create employment opportunities for residents, and local purchasing of materials and services will provide a great boost for local businesses,” Mayor Whitney said.
“Projects such as this not only provide a cleaner and more diverse source of electricity, they support growth and employment, and as renewable energy reduces greenhouse gas emissions and air pollution it’s a win-win for all.”
RATCH General Manager Business Development, Anil Nangia said the proposed solar power station will supply enough power to meet the annual needs of 15,000 homes, which is equivalent to the number of dwellings in the Whitsunday region.
“As the project site is nearby the old Collinsville coal-fired power station existing infrastructure can be used,” Mr Nangia said.
“It is anticipated that construction could commence as early as 2016 and is expected to take approximately 66 weeks to complete.”
RATCH Australia is also hoping to expand the project with Stage 2 being prepared with an aim to submit for approval towards the end of 2015.
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