Chinese interests will spend around $300 million on a new 49 windfarm to be developed in Central Tasmania.
The project, near Wild Cattle Hill at Lake Echo, will increase wind generation in the state by 50 percent, and deliver 144MW of energy or enough to power 60,000 homes.
The windfarm would create an estimated 150 jobs in the construction phase, which is expected to begin in September.
Wild Cattle Hill represents another Australian project from Chinese developer Goldwind, wghich has reached an agreement with State-owned retailer Aurora Energy.
Details of the deal are in-confidence but Aurora spokesperson Rebecca Kardos said it was a “good commercial outcome” for Tasmania.
The State Government is reported to be supporting the project financially.