Written by Squadron Energy |
Mr Willoughby, who was previously CEO of CWP Renewables and grew up on a property outside Condoblin in western New South Wales, said as Chairman he would take an active role working with regional communities where Squadron’s projects are located.
“This is a crucial time in Australia’s step-up to renewables and we will ensure that Squadron deepens its best practice approach to working with communities, so locals experience positive outcomes from the renewable energy transition and are able to contribute to it,” Mr Willoughby said.
Mr Wheals said Squadron Energy is committed to launching new projects that will deliver 14 gigawatts of renewable energy by 2030, the capacity of two thirds of Australia’s coal-fired power stations and enough electricity to power the equivalent of six million homes.
“I’m both humbled and excited to be joining an organisation at the forefront of transforming Australia’s energy landscape through the responsible step up to renewables and the enormous economic opportunity that brings for regional communities and the whole country,” Mr Wheals said.
“Squadron is perfectly placed to deliver the firmed renewables that the nation needs to decarbonise.”
On Monday, Squadron announced it would spearhead the establishment of a mechanism to cover future decommissioning costs, in response to requests by landowners.
While many wind farms will be extended or repowered, funds would be set aside to give landowners peace of mind that sites will be remediated, when required, decades later.