CONSTRUCTION has begun in Cosgrove, located 20km east of Shepparton, on a $6M renewable energy project.
Renewable energy investor and fund manager Green Squares Energy acquired the 7.4-megawatt DC Cosgrove Solar Farm from global renewable developer Bison Energy Australia in March 2022.
Green Squares Energy director James Garrett said that when the project is completed in early 2023, the solar farm would have employed around 50 local tradespersons in its construction and would generate electricity to power the equivalent of around 1,600 average Australian households and reduce carbon emissions by around 10,800 tonnes annually.
“We are especially thankful for the ongoing support of Greater Shepparton City Council as well as the Victoria Department of Environment, Land, Water and Planning,” Mr Garrett said.
“We want to especially mention the ongoing support of our funding partner Future Super, a $10 billion ethically focused Australian super fund with over 50,000 members, assisting Australia in meeting its commitments to a reduction in greenhouse gases and a renewable energy future for current and future generations.”
Shepparton-based company, Watters Electrical, is the major contractor for the project.
Bison said it is pleased to partner with local businesses and trades that will create local jobs and benefit the local community.
