Western Australian families and small businesses will benefit from reliable, baseload energy produced by the state’s first large-scale energy from waste plant thanks to support provided by the Australian Government.
The $668 million development located in Kwinana, south of Perth, will be capable of processing up to 400,000 tonnes of household, commercial and industrial waste a year.
Expected to be completed in 2021, the plant’s installed capacity of 36 MW will be enough to power up to 50,000 Western Australian homes with reliable, baseload energy and will also contribute to grid stability in WA’s South West Interconnected System.
The Australian Government is supporting the project with $23 million in grant funding from the Australian Renewable Energy Agency (ARENA), and up to $90 million in debt finance from the Clean Energy Finance Corporation (CEFC). The CEFC finance is part of its Sustainable Cities Investment program, which invests in clean energy and energy efficient technology solutions in cities and the built environment.
Global fund manager DIF holds an equity stake in the project, which will be delivered by Phoenix Energy and Macquarie Capital.
This project builds on around $270 million mobilised for waste to energy and bioenergy projects through ARENA and the CEFC, as part of a suite of industry growth initiatives.
The reduction, reuse and recycling of waste into energy demonstrates the Australian Government’s ongoing commitment to better management of waste in Australia.
