Corio CEO heralds Australia’s offshore wind opportunity

17 July 2024 — Community & Environment | Corio Global | Project Team | Supply Chain & Industry |
The GEOW Project Team

Corio has been awarded a feasibility license for the 2.5 GW Great Eastern Offshore Wind project, located in the Gippsland offshore wind zone off the coast of Victoria, meaning it can conduct the detailed assessment works required to progress the project to a commercial stage.

Speaking at this week’s Australian Clean Energy Summit in Sydney, organised by the Clean Energy Council, Jonathan Cole, CEO of Corio Generation, said that: “Offshore wind technology is a proven, clean, and cost-competitive form of electricity generation and we strongly believe the state and people of Victoria will greatly benefit from harnessing one of the world’s premier offshore wind resources.”

“Our Victorian team combines extensive international experience in delivering world-class offshore wind farms with strong local knowledge and capabilities. Great Eastern Offshore wind will contribute to Australia’s energy transition and journey towards net zero.

“We believe that the offshore wind sector can play a vital role in delivering clean, green and affordable renewable energy across Australia and providing economic development for local communities.”

“Developing offshore wind projects will attract large-scale and long-term investment, driving the growth of Australia’s supply chain and creating valuable new employment opportunities,” he added.

The team behind the Great Eastern Offshore Wind project has undertaken significant community and stakeholder engagement since 2021 and is looking forward to continuing to work with all stakeholders, including governments, local communities, and First Nations peoples in the forthcoming phases of the project.

Corio CEO, Jonathan Cole, speaking at the Australian Clean Energy Summit 2024
Great Eastern Offshore Wind project, located in the Gippsland offshore wind zone off the coast of Victoria.