10 Sep 2009
TrustPower has decided not to proceed with the proposed 48MW Myponga Wind Farm located in South Australia following confirmation from the South Australia Government that it will not support a variation to the height, layout and turbine type in the existing planning approval for the proposed wind farm.
TrustPower was hopeful of a positive response to the variation request given that in the Group’s opinion it was not materially different to the existing approval. Also, with the recent passing of legislation to extend the Renewable Energy Target from 9,500 GWh per annum to 45,000 GWh per annum by 2020, TrustPower believes that the Myponga project would have been particularly well suited to contributing to the new renewable energy target given its high quality wind resource and proximity to existing transmission capacity.
TrustPower will continue to focus on developing other opportunities in Australia.
© Copyright Infratil