Two solar farms to increase Northern Territory’s renewables share to 10%

Two 10 MW solar farms at Batchelor and Manton Dam developed by Tetris Energy will soon enter the construction phase and boost the NT share of renewable energy from the current 3% to 10%. The $43 million solar projects have signed PPAs with Jacana Energy and NT Solar Investments.

Octopus, Edify Energy provide finance for 333 MW Darlington Point solar farm

In the UK investor’s first deal since entering the Australian marketplace, Octopus Investments and Australian renewables developer Edify Energy have arranged more than $450 million to finance one of Australia’s major PV projects – a 333MW DC (275MW AC) solar farm, which has an approval to be collocated with a 100 MWh energy storage facility at Darlington Point, NSW.

Genex Power releases new details on Kidston project

After releasing the December quarter update for the 50 MW Kidston Solar Project Stage 1, which showed strong revenues and a big boost in generated power, Sydney-based Genex Power has shared a research paper on the term sheet signed with electricity provider EnergyAustralia for the 250 MW Kidston Stage 2 Pumped Hydro Storage development.

Obton enters Australian PV marketplace through JV partnership

Danish renewables investor and asset manager Obton has set up a joint venture with Australian developer Torus with the goal to buy, develop and build solar projects Down Under. With several projects already in its pipeline, the company says it has faith in the market despite policy uncertainty.

Solar PV capacity additions triple in 2018 amid utility-scale boom

Australia’s solar PV capacity additions tripled in 2018, as its rooftop solar fleet continued to set new records high and big PV experienced an unprecedented growth. While stabilization in electricity prices could lead to a slowdown in the rooftop solar segment in all states except Victoria, it is unlikely to result in a noticeable decline in sales in 2019. Large-scale solar PV is in line for over 3 GW this coming year, while small power stations up to 5 MW will also get their time to shine.

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Victoria’s Solar Homes program boosts jobs and businesses

In addition to its primary goal of driving down energy bills, the Victoria Labor government’s major push for the rooftop solar deployment across the state in the form of rebates and interest-free loans granted under a $1.24 billion Solar Homes program has had a positive effect on local industry in the brown coal-dominated Latrobe Valley.

900 MW solar farm approved for Riverina region

In the final days of 2018, the NSW government gave its tick of approval for the construction of the state’s largest solar farm to date. The approval rounded off a year that saw a flurry of utility-scale solar construction activity and an unprecedented number of big solar additions in the state.

How attacks on Australian renewables industry were foiled by Senate crossbench

A new report released by The Australia Institute reveals the Senate crossbench has safeguarded $23.4 billion worth of investment in renewable energy from 2013-2018, when it prevented the Coalition Government from abolishing the Clean Energy Finance Corporation, ARENA and slashing the Renewable Energy Target.

5 MW Mobilong Solar Farm moves into construction phase

A newcomer to Australian solar, Indonesia’s Terregra Renewables, has appointed Balance Utility Solutions to carry out EPC activities on a 5 MW solar farm north of Murray Bridge in South Australia.

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Flow Power contracts Bomen Solar Farm output for wine, munchies producers

Commercial electricity retailer Flow Power has signed an offtake deal for more than a half of the production from the 120 MW Bomen Solar Farm near Wagga Wagga to power one of the nation’s largest vineyard owners, Australian Vintage, and a major snack food manufacturer, Snack Brands.

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