CER: Development pipeline grows with RET at hand

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The Clean Energy Regulator (CER) has confirmed 22 power stations with the accumulated capacity of 220 MW – all of them solar PV – were accredited in August, down from a combined capacity of 514 MW of 29 power stations in July.

The bulk of the July approved capacity comes from the 148 MW Ross River Solar Farm in North Queensland, as the second largest solar power station ever accredited by the CER.

At the end of the month, 188 commercial and industrial projects (less than 1 MW) with a combined capacity of 52 MW were accredited for 2018, which is almost double the C&I capacity accredited in 2017.

This places the cumulative capacity of renewable energy fleet in the development pipeline at 8,833 MW, which far exceeds the 6,400 MW the CER estimated would be required to reach the Renewable Energy Target (RET) of 33,000 GWh by 2020.

According to the CER, the mandated target was secured already in May this year, with 6,553 MW of capacity from new renewable energy projects in the works or already built.