Gamuda’s Tasmanian solar, wind projects selected under Australia’s capacity investment scheme


KUALA LUMPUR: Gamuda Bhd’s unit, Gamuda Renewable Pty Ltd’s (Gamuda Renewables) two Tasmanian projects, namely the 200 megawatt (MW) Weasel Solar Farm and 341 MW Cellars Hill Wind Farm, were among the 19 successful projects selected under Australia’s Capacity Investment Scheme.

The scheme is the Australian government's flagship revenue underwriting scheme, designed to de-risk private investment and accelerate the delivery of renewable energy by providing a government-backed revenue safety net for up to 15 years.

In a statement, Gamuda said both projects are being developed by Gamuda Renewables in partnership with renewable energy developer, Alternate Path and local landowners, the Downie family.

Both projects will be connected to the existing on-site 220 kilovolt (kV) transmission line, and Gamuda Renewables will deliver both projects under engineering, procurement, and construction (EPC) contracts with Gamuda Engineering Pty Ltd.

"Subject to achieving final investment decision, the construction of the Weasel Solar Farm is expected to begin in early 2027, followed by the Cellars Hill Wind Farm in 2028,” it said.

The group added that it contributes strong regional expertise in large-scale infrastructure development and project execution, with a four-gigawatt renewable energy pipeline spanning solar, wind, hydro, and battery storage projects to support long-term energy and water security in Australia and Malaysia. - Bernama 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

B15 implementation in peninsular Malaysia will not affect palm oil exports
Oil slips US$5 as US, Iran seen moving closer to peace deal
Singapore core inflation at 1.4% on year in April, lower than expected
Japan's Nikkei jumps past 65,000 mark for first time on Iran talks optimism
Gold rises as dollar, oil ease on US-Iran deal prospects
MISC posts higher 1Q net profit of RM741.4mil
'Auto sector heading toward convergence'
Meta Bright to collaborate on reducing power wastage in Best Fresh Mart locations
ACE Market-bound Eckem Holdings aims to rise RM15mil from IPO
Malaysia's PPI records 5.4% increase in April 2026

Others Also Read