Tuesday, 29 May 2018

Newcastle Set To Be Hub For Renewable Energy

BY IAN CROUCH

A Newcastle company is set to be at the forefront of renewable energy thanks to a massive investment from overseas.

A Swiss firm is injecting $700 million into C.W.P Renewables based Hunter Street to build large-scale wind, solar and battery projects in NSW.

The company says it will produce enough energy to help replace the Liddell coal-fired power station at Muswellbrook when it closes in 2022.

The plan, known as the Grassroots Energy Platform, will be built over the next four years.