Coles Stores and CleanCo enter a 10-year partnership.

Anthony Lynham, Queensland energy minister, announced that Coles Stores and the state government-owned generator and retailer, CleanCo, enter an agreement that would see 90% of all Coles Stores and other retail outlets are powered by renewable energy from July 2022.

The state government gave $250 million worth of funds, which has also committed $19 million to develop hydrogen export facilities in Gladstone. 

CleanCo recently signed a deal with Acciona which will see a 1GW wind farm constructed in Queensland. CleanCo has backed a Neoen Australia plan to build a 400 MW solar farm in Queensland's Western Downs with CleanCo to purchase 320MV of the total output.

The two projects will be sufficient to power 75% of all Coles Stores in Queensland.

Dr Lynham said the partnership between Coles Stores and CleanCo was a way for the government to boost the Queensland economy post-COVID. It is aligned with CleanCo's goal to achieve 1000MV of new renewable generation in Queensland by 2025.

The Queensland Government hopes that jobs will be created by supplying cheaper green energy to businesses and industries.

Post a Comment