Telstra has announced it has signed a Power Purchase Agreement with Global Power Generation for a $130 million solar farm to be constructed in the Bundaberg Region.
The project is expected to generate enough renewable energy to power around 30,000 homes, contributing to nationwide efforts to achieve 82% renewable energy by 2030.
It will secure Telstra up to 153 GWh per annum of renewable energy output to the grid.
The agreement means Telstra is now contracted to enable renewable energy generation equivalent to 100 per cent of its consumption by 2025, one of its three major climate goals.
Telstra CEO Vicki Brady said partnering to help get more renewable energy projects off the ground is just one of the ways Telstra is working to help decarbonise Australia’s economy.
“We’re committed to playing our part in building a more sustainable future and providing cleaner energy for Australian homes,” she said.
“Investments like these also help boost regional employment, with this project expected to create over 100 jobs during the 12-18 months construction phase.”
Vicki said Telstra to date has supported more than $1.2 billion worth of renewable energy projects across Queensland, Victoria, and New South Wales to help decarbonise Australia’s electricity grid.
“Once these projects are fully up and running, our share of their renewable energy output will be equivalent to our own electricity consumption,” she said.
“We also have a significant focus on reducing our own emissions and working with our customers, business partners and suppliers to support their emissions reduction efforts.
“As of June [2023], we have reduced our combined scope 1 and 2 emissions by 30% and our scope 3 emissions by 28%, from a FY19 baseline.”
Telstra’s climate and energy targets include:
- Enable renewable energy generation equivalent to 100% of their consumption by 2025.
- Achieve at least a 50% reduction in absolute greenhouse gas (GHG) emissions from a FY19 baseline by 2030.
- Achieve net zero GHG emissions by 2050, in line with the Paris Agreement.
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A great idea in an area subject to large hail and storms…not!
Solar farm and the biggest waste of money and good land for farming for the amount of money involved that could of when all around Australia made very house safe sufficient and put solar and still more money put into other programs and thay don’t have waste management in place and as for win generators in the sea and all big ships on the sea that is sea water is rising you don’t have to be scientist to work it out if you full up Bath tub with water five people jump in it going to over flow same for a pool and 100 people jump in it going to over flow and logic go on the ships are built bigger time and for all the solar farm and win generators all is doing is making the rich get richer and the people struggle to get through life
There looks to be a much better way to do this to ensure that the biodiversity in the region of that eyesore isn’t completely wiped out. Is there any plans to ensure vegetation is maintained to support bees that are vital to the Bundaberg economy?
Guess the consumer will be paying for this idiocy big time.
How very uneducated people are on the issue of renewable energy is staggering. Unleashing ourselves from the control of these foreign owned coal companies and putting Australians back in charge of Australian power is a step in the right direction.