RWE remains strongly committed to Australia’s clean energy transition and to Victoria’s renewable energy future. However, after close to a year of feasibility studies, RWE has made the considered decision to cease development of the Kent offshore wind project off the Gippsland coast in Victoria.
This decision follows a review of the project’s competitiveness in current market conditions, as well as ongoing uncertainties around supply chain costs and the future design of the auction framework.
We want to be clear that this decision relates solely to the Kent offshore wind project.
We are continuing to develop, build and operate a diverse pipeline of renewable energy projects across Australia, including large-scale battery storage and onshore wind.
Our local team based in Melbourne and across the country, is focused on constructing Australia’s first 8-hour battery and forging ahead with the development of three gigawatt-scale onshore wind farms, including the Campbells Bridge project in western Victoria.
These projects reflect our long-term view of Australia as a key growth market for renewables.
RWE thanks all project partners, stakeholders and communities for their support. For further inquiries, please email [email protected].
