The agreement, which was received in the fourth quarter of 2023, was confirmed following a ground-breaking ceremony earlier this month. As part of the agreement, Squadron Energy entered into a $2.75 billion green strategic alliance for wind turbine supply with GE Vernova. Through the alliance, GE Vernova will supply Squadron Energy’s 414 MW Uungula Wind Farm with GE Vernova’s 6 MW wind turbines and engineering, procurement and construction expertise through its consortium partners CCP, and will also supply turbines for Squadron Energy’s next two NSW projects – Spicers Creek and Jeremiah wind farms.
All three projects will utilize GE Vernova’s 6.0-164 workhorse turbine which will enable the standardization of grid and project execution elements across the portfolio. Both Jeremiah Wind Farm and Spicers Creek Wind Farm will be constructed under a split-scope delivery model, which will unlock additional project value.
The Uungula Wind Farm will include 69 of GE Vernova’s 6.0-164 wind turbines and a five-year, full-service agreement with GE. Construction will commence in the first quarter of 2024.
Vic Abate, CEO of GE Vernova’s Wind business, said, "This alliance with Squadron Energy is another example of GE Vernova’s ability to deliver on our workhorse strategy – producing fewer variants in large quantities at scale to drive quality and reliability across the fleet for our customers.”
Dr. Andrew Forrest, Chairman of Tattarang, added, “This partnership with GE Vernova will accelerate Australia’s transition to green energy. Squadron Energy is committed to delivering a 14 GW renewable energy development pipeline - one third of the Australian Government’s 82% 2030 renewable energy target."
The three wind farms are projected to create approximately 1,000 jobs in construction and maintenance roles.
GE Vernova’s 6 MW workhorse turbine has over 1,200 units in operation with over 15 million operating hours, making it the most-deployed high nameplate (5 MW+) wind turbine in the world. A proven, experienced large turbine, the 6 MW is designed for a variety of challenging global environments and grids, including Australia. In Australia, GE Vernova has 3 GW of wind turbines in operation or in construction.
Ground breaking photo: Left to right: Dugald Saunders, NSW Nationals Leader and Dubbo MP, Dr. Andrew Forrest AO, Tattarang Chairman, Chris Bowen MP, Minister for Climate Change and Energy, Mathew Dickerson, Mayor Dubbo Regional Council, Jackie Brown, APAC Commercial Director Onshore Wind GE Vernova, Jason Willoughby, Squadron Energy CEO
