Penola Plantations 2026 – P26-4 Perkins

Penola Plantations 2026 – P26-4 Perkins is a plantation forestry project located in the West Wimmera local government area of Victoria. Based on its coordinates, it sits roughly 20km east of the South Australian border town of Penola. Registered in September 2025, the project covers a concentrated project area of 94.47 hectares.

Plantation forestry projects registered under the 2022 Methodology Determination sequester carbon by establishing, extending, or continuing plantation forests specifically for the commercial harvesting of wood products. In this instance, the project generates Australian Carbon Credit Units (ACCUs) by avoiding the conversion of an existing or recently harvested plantation into non-forested land. To comply with the methodology, the proponent is required to actively manage the plantation and maintain appropriate commercial stocking densities of standard forestry trees.

The project lies in the heart of the "Green Triangle," a world-class forestry and agricultural region that bridges South Australia and Victoria. The local landscape is predominantly used for commercial softwood (radiata pine) and hardwood (blue gum) plantations, as well as grazing and cropping. This region is uniquely suited to intensive forestry due to its reliable, high winter rainfall, often exceeding 600mm to 800mm annually, and favorable soil conditions characterized by sandy loams that frequently overlay deep clay or karst limestone networks.

Interestingly, the project is championed by Timberlands Pacific Pty Ltd, operating as the designated agent for the Green Triangle Forest Operating Sub Trust. The broader Green Triangle area contains roughly 17% of Australia's entire plantation estate, encompassing over 328,000 hectares. This scale makes projects like Penola Plantations 2026 highly strategic, securely locking away carbon while continuing to feed Australia's vital timber and wood fibre supply chains.