Source: Goldwind, http://www.goldwindglobal.com
Goldwind Australia has selected Australia-based Boom Logistics Ltd (ASX:BOL) to install the turbines at its 144-MW Cattle Hill Wind Farm project on the shore of Lake Echo in Central Tasmania.
Boom Logistics unveiled the contract in a bourse filing on Monday, saying this will be its first wind farm construction project. Under its terms, it will take care of the lifting, mechanical and electrical installation works for the 48 Goldwind turbines at the Cattle Hill wind farm. Work on the project is set to begin next month.
Goldwind Australia, the Aussie unit of Chinese wind turbine maker Xinjiang Goldwind Science & Tech Co Ltd (HKG:2208), previously said the renewable energy certificates from the Cattle Hill plant will be purchased by state government-owned electricity retailer Aurora Energy under a long-term contract.
Boom Logistics estimates it will get between AUD 13 million (USD 9.4m/EUR 8.2m) and AUD 16 million in revenues from the Goldwind contract, expecting to complete tasks under it in late 2019. The company plans to use two 750-tonne cranes to lift the 3-MW turbines. It said it is meanwhile progressing with lifting, mechanical and electrical installation activities at AGL Energy Ltd’s (ASX:AGL) 453MW Cooper’s Gap wind farm in Queensland.