Penola Plantations 2026 – P26-1 Inverell

Penola Plantations 2026 – P26-1 Inverell is a Plantation Forestry project located in the Glenelg Shire of western Victoria, near the rural town of Casterton and approximately 360 km west of Melbourne. It was registered in September 2025 and covers 135.64 ha.

Plantation forestry projects under the 2022 method generate carbon credits by increasing the long-term average carbon stock in plantations and harvested wood products. Specifically, this project involves the avoided conversion of an existing or harvested plantation forest to non-forested land. Standard requirements dictate that the project must establish and maintain a new plantation for the commercial harvesting of wood products, rather than allowing the land to revert to agricultural clearing or pasture.

The Green Triangle region spanning the South Australian and Victorian borders is renowned for its extensive commercial forestry operations, as well as dryland grazing and cropping. The area experiences moderate to high rainfall, typically averaging 600-800 mm annually. Soils are generally texture-contrast types, such as sandy loams over clay (Kurosols) and deep sands, which provide an excellent environment for robust tree growth.

Interestingly, although the project title includes "Inverell," the coordinates confirm it refers to a local plantation block or parish within the Glenelg Shire rather than the well-known town in New South Wales. The project proponent, Timberlands Pacific Pty Ltd, manages the wider Penola Plantations estate which operates collaboratively with The Trust Company (Australia) Limited, comprising large areas of primarily Radiata Pine.