GE Vernova Bags 1.4-GW Australian Wind Project For Turbine Supply

Onshore Wind business of GE Vernova has confirmed the signing of a strategic framework agreement with Australian RE player Squadron Energy for 1.4 GW of onshore wind projects in New South Wales, Australia. The construction of the Uungala Wind Farm has already begun.

The agreement was received in the fourth quarter of 2023 and thereafter it has been confirmed by both the parties.

GE Vernova statement held that as part of the agreement, Squadron Energy entered into a $2.75 billion green strategic alliance for wind turbine supply with GE Vernova.

As per the deal, GE Vernova will supply Squadron Energy’s 414 MW Uungula Wind Farm with GE Vernova’s 6 MW wind turbines and engineering, procurement and construction (EPC) expertise through its consortium partners CCP. GE Vernova will also supply turbines for Squadron Energy’s next two NSW projects – Spicers Creek and Jeremiah wind farms.

Squadron Energy is a wholly owned portfolio company of Tattarang that will complete the grid applications. All three projects will utilize GE Vernova 6.0-164 workhorse turbine. This model will enable the standardization of grid and project execution elements across the portfolio. Both Jeremiah Wind Farm and Spicers Creek Wind Farm will be constructed under a split-scope delivery model, which will unlock additional project value.

The Uungula Wind Farm will include 69 of GE Vernova’s 6.0-164 wind turbines and a five-year, full-service agreement with GE. Construction will commence in the first quarter of 2024.

Vic Abate, CEO, GE Vernova Wind business, said “This alliance with Squadron Energy is another example of GE Vernova’s ability to deliver on our workhorse strategy – producing fewer variants in large quantities at scale to drive quality and reliability across the fleet for our customers.”

Dr Andrew Forrest, Chairman, Tattarang, held, “Squadron Energy is committed to delivering a 14 GW renewable energy development pipeline – one third of the Australian Government’s 82 per cent 2030 renewable energy target. The strong policies in place in the U.S, and Australia to incentivize industry investment in large-scale green energy will help to bring emissions down, not just nationally but across the globe. The transition to green energy is well and truly underway. It’s urgent for our planet but with the correct policies and partnerships it’s also great for our economy and local workforce.”

GE Vernova’s 6 MW workhorse turbine has over 1,200 units in operation making it one of the most-deployed high nameplate wind turbine globally. In Australia, GE Vernova has 3-GW of wind turbines in operation or in construction.