Australian renewable energy firm Sunshine Hydro has announced details of its plans to build a $2 billion pumped hydro and green hydrogen project within the Central Queensland Renewable Energy Zone.

The ‘Flavian’ project is expected to start generating from 2028, powering local industry with renewable energy and heavy trucks with green hydrogen to help decarbonise the Queensland economy.

The project will apply Sunshine Hydro’s closed loop hydropower model as part of a Superhybrid™ to generate reliable green power and green hydrogen.  It will be located near Miriam Vale, which has been described as having the ideal topography for the project.

Sunshine Hydro Chair, Michael Myer, said the company are partnering with Energy Estate, an Australian renewable energy and green hydrogen developer, to co-develop and provide green energy to power the Flavian project. It has also put in place valuable partnerships with Burnett Mary Regional Group BMRG, and the traditional owners, the Gidarjil Development Corporation.

“Through these strong partnerships, we will deliver one of the world’s most sustainable renewable energy projects, with extensive conservation and biodiversity outcomes across the site,” Myer said. “The Flavian Superhybrid will abate on average 4 million tonnes of carbon p.a., which is around 2.5% of the Queensland’s current level of annual carbon emissions, while generating cheaper energy to place downward pressure on energy prices.”

Land for the project has been secured, and planning has commenced with a final investment decision targeted for 2025 and energy production from 2028.