The Cambridge Solar Farm went before the local council in April, with plans to install more than 1.3 gigawatts (GW) of solar, including more than 250MW in stage two and nearly 600MW in stage three. The solar farm sits within Queensland’s Northern Renewable Energy Zone (REZ), which was underway before the government started its legislated REZ process. “The proposed solar farm will effectively align with the intent of the REZ and contribute to meeting Queensland’s renewable energy targets,” it says. Cambridge RE Partners is a Singapore-based fund manager with investments in real estate and – more recently – renewable energy. “We recognise Australia’s rising demand for energy, and we are eager to assist with clean electricity from the Cambridge Solar Farm,” said Cambridge JMD Australia managing director Michael Dwyer in a statement in April.
Source: The Local October 15, 2024 13:10 UTC