Local Industry to Play Billion-Dollar Role in Australian Offshore Wind Push

Billions of dollars of opportunities for Australian businesses to supply the offshore wind industry have been uncovered in a supply chain study by Star of the South, Australia’s offshore wind project proposed in Gippsland.

The study found hundreds of Gippsland businesses already have capabilities the offshore wind industry will need – from steel components to port services, civil construction, and engineering companies.

Star of the South has launched the ‘Offshore Wind Supplier Showcase’ to promote and connect these local businesses with buyers around the world.

 This follows two years of working with global suppliers, local industry, Gunaikurnai Land and Waters Aboriginal Corporation, local government, and state agencies to understand what offshore wind suppliers need to buy and what Gippsland, Victoria, and Australia can supply.

 More than 450 businesses are featured, ranging from sole traders to major contractors, with a focus on Aboriginal and Gippsland-based suppliers.

 “Victoria will be the home of Australia’s first offshore wind farms and Gippsland’s skilled workforce and supply chain capabilities perfectly positions them to benefit from the industry,” said Minister for Energy and Resources Lily D’Ambrosio.

“Our offshore wind energy target of 2 gigawatts (GW) of offshore wind capacity by 2032, 4GW by 2035, and 9GW by 2040 will create over 6,000 jobs and generate billions in investment,” she said.

Star of the South will present the Showcase to major Australian and global contractors to highlight opportunities to buy locally before starting procurement in the coming years, pending project approvals.