Jan 24 (Reuters) - Rio Tinto Ltd (RIO) :
- DEVELOPMENT OF AUSTRALIA'S LARGEST SOLAR FARM AT GLADSTONE
- WILL DRIVE DEVELOPMENT OF AUSTRALIA'S LARGEST SOLAR POWER PROJECT NEAR GLADSTONE
- AGREEING TO BUY ALL ELECTRICITY FROM 1.1GW UPPER CALLIOPE SOLAR FARM TO PROVIDE RENEWABLE POWER TO RIO TINTO'S GLADSTONE OPERATIONS.
- AGREEMENT WILL BRING MORE RENEWABLE POWER INTO AUSTRALIA'S MOST IMPORTANT INDUSTRIAL HUBS
- PLANT WILL BE BUILT AND OPERATED BY EUROPEAN ENERGY, AT A SITE ABOUT 50 KILOMETRES SOUTH-WEST OF GLADSTONE
- UPPER CALLIOPE WOULD HAVE POTENTIAL TO LOWER RIO TINTO'S OPERATING CARBON EMISSIONS BY 1.8 MILLION TONNES PER YEAR
- UNDER POWER PURCHASE DEAL SIGNED WITH EUROPEAN ENERGY AUSTRALIA, TO BUY ALL POWER GENERATED FROM UPPER CALLIOPE SOLAR FARM FOR 25 YEARS
- CONSTRUCTION OF UPPER CALLIOPE PLANT IS TARGETED TO START IN 2025 OR 2026
- PLANT IS EXPECTED TO TAKE TWO YEARS TO CONSTRUCT, WILL EMPLOY 1000 PEOPLE DURING CONSTRUCTION
- CONTINUES TO ASSESS OTHER PROPOSALS, SOLUTIONS & PARTNERSHIPS TO HELP MEET ENERGY NEEDS OF ITS 3 PRODUCTION ASSETS IN GLADSTONE REGION
News: RIO Rio Tinto Announces Development Of Australia's Largest Solar Farm At Gladstone
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