Chinese renewable energy group CECEP Wind-Power Corporation (CECWPC) will purchase a 75 per cent interest in the White Rock Wind Farm, with current owners Goldwind retaining a 25 per cent interest.
It was announced last Friday construction at the Glen Innes development will begin at the end of this month. When completed, the 175MW, 119 turbine wind farm will be larger than any currently operating wind farm in New South Wales.
CECWPC is majority owned by the China Energy Conservation and Environmental Protection Group (CECEP), which is China’s largest technology-based service group in the field of energy conservation, emission reduction and environmental protection.
“The investment in White Rock Wind Farm is being made on the clear support for renewable energy targets by the Australian Government and the Opposition,” he said.
“Up to 200 people are expected to be involved during construction of the project and a 10-15 local service team will be needed once the wind farm is operating.”
The project is costing around $400 million to build.