Benefits

Wind Farm Benefits

  • Kaban has excellent wind resource enabling it to provide affordable electricity: The region’s wind profile is different to most of the wind farms in the National Electricity Market, contributing to stronger supply during peak periods. Kaban is forecast to reduce time-weighted electricity prices for Queensland with a total $461 million of savings to the consumer over the life of the project.
  • Significant investment and job creation in Far North Queensland: 250 direct jobs are expected to be generated during construction, and 5 permanent positions.
  • Emissions reductions of 350,000T of CO2 or powering 95,900 homes, greater than the size of Cairns.

COMMUNITY BENEFITS

The project also has a comprehensive community benefit sharing plan to support local skills development and Indigenous communities including:

  • A Local Participation Plan has been developed with a target of 30% local employment & supply chain procurement.
  • A comprehensive Indigenous Engagement Strategy co-designed with the Jirrbal Traditional Owners, includes a range of benefit-sharing measures as well as participation targets.
  • A Community Benefit Fund: providing support for local community initiatives through a $50,000 annual Kaban Green Power Hub Community Benefit Fund.
  • Supporting agriculture: providing diversified income streams to farmers who are involved in the project as host landholders.

community FUND

Kaban Green Power Hub has a $50,000 annual Community Benefit Fund which will commence once the project is operational.

It will provides grants to local community groups and for community-building initiatives in the growth focus areas listed below.

This video shows how another Neoen project, Bulgana Green Power Hub in Victoria, funds community projects.

Community growth focus areas

These are the focus areas that the fund will support.

Environmental sustainability

Inspiring participation, development and uptake of new technologies and ideas

Health and wellbeing

Contributing to improved health and wellbeing outcomes in regional communities

Strong connected communities

Encouraging community participation, involvement and connection

Sport and recreation

Increasing participation in sport and recreational activities

Arts and culture

Fostering creativity and connection in the community through art and culture

Skills, education and training

Addressing local skills development and adding value to educational opportunities

ECONOMIC BENEFITS

Neoen focuses first on hiring local people for our projects. Locals know the land and have the skills and enthusiasm to support us during construction.

Our core team become regulars at local cafes and pubs, and we love to work with local suppliers who provide their products and services to help us over the life of the project.

Hiring would begin before construction, which we hope to be in 2021.

Sign up for updates on our jobs page.