Acciona Energía signs new renewable PPA with Stanwell Corporation

ACCIONA Energía has signed a 15-year Power Purchase Agreement (PPA) with Queensland’s publicly owned energy company Stanwell Corporation.

The contract encompasses the supply of all the renewable electricity produced at the photovoltaic plant Aldoga (380MW), currently under development and located 20 kilometers north-west of Gladstone on the central Queensland coast.

Stanwell plans to use the energy from Aldoga to supply its green hydrogen project, Central Queensland Hydrogen (CQ-H2), which is expected to enter commercial operations in 2028.

Aldoga will play a pivotal role in providing access to clean and sustainable power sources in Queensland, and it is a significant milestone in the State Government’s commitment to renewable energy targets.

This new deal between ACCIONA Energía and Stanwell Corporation follows a previous PPA signed in 2022 for the supply of renewable energy from the MacIntyre Wind Farm, and it is also another example of the company’s commitment to advancing Queensland’s decarbonization.