The Spanish energy group Iberdrola has started building the 317 MW Port Augusta wind and solar power project in South Australia, which combines 210 MW of wind and 107 MW of solar capacity. The power project, which will require an AUD500m (US$362m) investment, is expected to enter operations in 2021.
Iberdrola recently took over Australian renewable producer Infigen Energy. Following this acquisition, Iberdrola now operates more than 800 MW of owned and contracted solar, wind and battery storage capacity. It also has 453 MW under construction (including Port Augusta) and a project pipeline of over 1,000 MW in different development stages.