400MW Windlab project in Queensland gains environmental approval [Yahoo! Finance]
FORTESCUE METAL GRP S/ADR (FSUGY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
The approval was announced by Australia Minister for the Environment and Water Tanya Plibersek. She stated that it was given after a rigorous assessment process. The approval includes specific conditions aimed at minimising environmental impacts, such as clearance limits and restricted hours of operation during the construction phase. Windlab is required to submit detailed environmental management plans outlining mitigation strategies. The Gawara Baya project, which is expected to offer substantial environmental benefits, has been evaluated under Australia's Environmental Protection and Biodiversity Conservation Act. The 400MW wind project will generate enough clean energy to meet the needs of 240,000 Australian homes and offset 1.2 million tonnes of carbon emissions annually. Situated on a cattle farm in Gugu Badhun [a First Nation] Country, 70km from Ingham in North Queensland, Gawara Baya is strategically positioned near an existing electricity transmission network.
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