Infradebt has provided a $22.2 million senior debt facility for Epuron’s portfolio of operating solar assets in the Northern Territory with the accumulated capacity of close to 7 MW.
From a little known niche just a few years ago, floating solar has quickly grown to more than 1 GW of installed capacity worldwide, and a source of great hope for the industry’s future, particularly in countries where space for solar is at a premium. pv magazine spoke with experts from leading floating PV test centers in Singapore and the Netherlands to outline the challenges still faced by floating PV as the technology moves towards major growth.
The 10 MW Northam Solar Farm has begun feeding electricity into the grid. According to Carnegie Clean Energy, full commercial operations is expected in the coming weeks once the required tests are completed successfully.
After it entered the second trading halt in a matter of months a week ago, Perth-based engineering company RCR Tomlinson has failed to secure additional funding and went into administration. Earlier this year, the company managed to raise $100 million in capital from its shareholders, after which it took huge write-downs on two Queensland solar farm.
With the Australian solar market booming across all three market segments, the first pv magazine Quality Roundtable at All Energy Australia discussed how time constraints for installers is threatening quality in the rooftop sectors. And for the utility scale, a more sophisticated approach to modelling project output can hasten grid connection and AEMO acceptance.
SUSI Partners AG has fully acquired and provided financing to construct a 34 MW solar PV plant with storage optionality located in Middlemount, Queensland. The investment firm says it views the Australian market as highly attractive, despite policy uncertainty.
Australian developers Energy Estate and MirusWind have proposed a massive renewable energy hub in New South Wales. The project will combine wind and solar energy generation with pumped hydro storage and other storage options to provide up to 4 GW of new clean generation.
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.
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 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.
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