The builder of Australia’s biggest wind farm is planning a dramatic increase in renewable power projects over the next five years as part of a $26 billion investment plan after it welcomed the federal government’s election pledge to upgrade the national electricity grid.
“Australia can be possibly the most effective destination for our investment,” he said in an interview. “It’s like this: I wouldn’t build a furniture factory if I didn’t have transport for my furniture available. Why produce if I can’t convey my product to the client? It doesn’t make any sense. The biggest Acciona renewable project so far is the MacIntyre wind farm near Warwick in Queensland, where construction began in June and the goal is to generate 1GW of electricity. The company expects to develop 6GW of capacity in addition to this project over the next five years.
“So the client wanted things that needed to be done but we had very little capacity to quantify and convey to the client the cost of that.
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