Australia’s Northern Territory Slated For New Mega Scale Green Energy Project

With its abundant solar resources and geographic location Australia’s Northern Territory (NT) is well-positioned to meet the growing demand for green energy in Asia and the Pacific.

To this end, South Korea’s Samsung C&T has announced it will work with the NT Government to establish large-scale renewable energy generation, transmission, and storage in the State, including photovoltaic, wind, hydrogen, and battery energy storage systems.

Additionally, Samsung C&T intends to establish a substantial manufacturing hub as part of this project. The clean energy produced will help manufacturing companies, including Samsung affiliates and other global companies, transition to 100% renewable energy.

To launch the project the NT Chief Minister Natasha Fyles recently signed a Memorandum of Understanding (MoU) with Samsung C&T to develop the green energy project in the State.

A working group comprised of Samsung C&T and the NT Government will be established under the MoU to scope and investigate the feasibility of a large-scale green energy project in the NT.

The MoU will operate for two years and, during this time, suitable locations for the green energy project will be identified, with the Middle Arm Sustainable Development Precinct one of the locations to be investigated.

“Signing today’s green energy MoU with Samsung C&T is a key step towards creating local jobs and significantly contributing to the Territory’s drive to become a hub for low emissions sustainable manufacturing. Samsung knows what Territorians know, our solar irradiance and proximity to Asia makes this the ideal place to invest in a green energy future,” said Chief Minister Fyles.