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Sunshine Hydro State finalist in Telstra Business Awards

The Queensland-based business which is developing the pumped hydro station near Miriam Vale was last week shortlisted for the 2024 Telstra Best of Business Awards.

Sunshine Hydro has developed a software solution that integrates wind and solar, pumped hydro, green hydrogen and methanol production and has been exploring structures that would enable traditional owners an equity stake in local projects.

The company is also looking into creating sustainable revenue streams for local indigenous organisations, from educational partnerships and targeted employment to community-centric recreational facilities.

Sunshine Hydro Chair Michael Myer said he was thrilled the team had been recognised by the Telstra Best of Business Awards.

“We set out to play an important role in decarbonising the Australian economy with affordable, reliable, renewable energy,” Mr Myer said.

“Today we believe our Superhybrid can provide the same energy security and reliability as a nuclear power plant.

“Our flagship Djandori Superhybrid project situated in Gladstone has developed strong social licence, a partnership with traditional owners and a commitment to biodiversity.

“At this point in our company’s growth, this recognition from the Telstra Business Awards – it is gratifying.”

Related: Sunshine Hydro Chair Michael Myer will present the Djandori Superhybrid project potential procurement opportunities at the online Connecting Renewable Energy Conference Qld on November 16. To find out more, connect here.

The flagship Gladstone Region project, Djandori Gung-i, was named by the traditional owners of the area and means, ‘Spirit in the water.’

The Djandori Gungi project now has three stages. Stage One which will be in Gladstone – a 3MW/36Mwh battery and electrolysers. Stage Two in Miriam Vale – a 60MW/800MWh vanadium battery with electrolysers. Stage Three in Colliseum/Miriam Vale – a 600MW Pumped Hydro with 300 MW electrolyers.

Sunshine Hydro’s Djandori Superhybrid, combined with the Dumaresq Superhybrid in northern NSW, is said to one day deliver 3.7TWh of 24/7 carbon-free energy and abate six million tonnes of carbon dioxide emissions annually when incorporating wind and solar.

This is approximately 1% of Australia’s total annual emissions.

The annual Telstra Best of Business Awards celebrate small and medium-sized businesses and people, building Australia’s economic, social and cultural prosperity.

This article first appeared in CQ Today.

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