UK-based renewable energy developer Eco Energy World has reached financial close on two Queensland projects – the 20 MW Chinchila Solar Farm and the 34 MW Brigalow Solar Farm. Combined, the projects constitute nearly $70 million in capex.
Commonwealth Bank of Australia will source 65% of its power from renewable energy by next year and will go completely green by 2030, as Australia’s first business to join 154 international companies that signed up to the global initiative RE100.
The Newcastle City Council has begun construction on a 5 MW Summerhill solar farm located on a disused landfill that was once part of a coal mine.
The University of Technology of Sydney (UTS) will cover the equivalent of half of its annual electricity needs with solar power from the 32 MW Walgett Solar Farm in north-west NSW. The power purchase agreement will allow the $40 million solar project to break ground.
The Victorian Branch of the Electrical Trades Union has called on RCR Tomlinson to “immediately pay arrears” owed to contractors in Victorian projects. The union has questioned reports that PV projects, such as the Wemen Solar Farm, are nearing completion.
Only weeks after Victoria’s first big battery was unveiled in Ballarat, the retrofitted 25MW/50MWh Tesla powerpack battery at the Gannawarra Solar Farm was commissioned ahead of schedule, confirms Germany’s Wirsol Energy. The developer’s major solar projects in Victoria have reached milestones: the 60 MW Ganawarra Solar Farm has successfully passed all commissioning tests, and the 110 MW Wemen Solar Farm has been connected to the grid.
Major universities across Australia are turning to solar PV to bring down energy costs, and to show leadership on climate change. In addition to deploying rooftop arrays across campuses, they are now developing their own renewable energy assets and coming to inventive financial arrangements, emerging as torchbearers in this booming corporate PPA market.
After taking a 90.1% stake in one of Australia’s largest solar PV projects – the 255 MWp Sunraysia Solar Farm last month, U.K.-based infrastructure investor John Laing has closed its second solar project in Australia – the 174.9 MWp Finley Solar Farm in New South Wales.
The NSW Department of Planning has given the green light the 55 MW Vales Point solar project, one of the first large scale solar power plant in Australia to operate in conjunction with a coal-fired power station.
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