Pacific Hydro Assesses Economic Viability of Windfarm Project in Australia
Posted on December 04, 2012 at 01:43 AM EST
PERTH, AUSTRALIA--December 4, 2012--Researched by Industrial Info Resources (Perth, Australia)--Pacific Hydro Australia (Victoria, Australia), a major player in the proliferation of windfarms , put a hold on the development of the 150-megawatt (MW) Carmody's Hill Windfarm Project, which is to be built at Gulnare, 170 kilometres from Adelaide, South Australia. Pacific Hydro is investigating the economic viability of the project and assessing market conditions to determine the next steps. The project has yet to obtain capital approval from the board.