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BHP to power Queensland coal operations with renewable energy
Australia’s largest mining company will power its coal operations with wind and solar energy in a power purchase agreement that will help sustain four large-scale renewable energy projects. BHP will buy wind and solar energy from CleanCo, a government-owned renewable energy retailer, to power up to 50 per cent of its Queensland coal operations by 2030. CleanCo buys renewable energy and then onsells it to large-scale industrial and commercial customers. It has offtake agreements with the Dulacca and MacIntyre wind farms and the Western Downs solar farm in Southern Queensland. CleanCo also has a capacity purchase ... (full story)
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- Posted: Sep 19, 2023 7:54am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 129
