In an extraordinary demonstration of the delays facing many Australian large scale PV power plant projects, the 50 MW Kidston Solar Project has achieved Practical Completion around 12 months after energisation.
The University of Queensland has completed the purchase of the $125 Warwick Solar Farm in the Southern Downs region, making it the largest solar asset in ownership of an Australian university. Lendlease will act as developer on the project.
Under the scheme, the state government will offer a combination of grants and interest-free loans for solar and battery storage systems to help 1500 Queensland households and small businesses save money off their energy bills.
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.
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.
Owing to its state-based renewable energy initiatives, Victoria is in the box seat to create more than 6,000 jobs annually, shows a new analysis released by Green Energy Markets. Overall, renewable energy generation managed to exceed 25% of power supply for the first time across Australia’s main grids.
Sydney-based publicly listed Genex Power has announced it has received a development approval for a 250 MW pumped storage hydro project, as part of its landmark renewable energy hub in far-north Queensland.
German-headquartered project developer juwi Renewable Energy has inked an agreement with the University of Queensland to deliver a solar+storage hybrid power solution at its research station located in the Great Barrier Reef.
Aevitas will design and construct a 3.6 MW solar PV array for Australia’s largest cotton producer. The Cubbie Solar Project will supply 40% of Cubbie’s electricity demand, during its peak ginning season between April and September.
Chinese module maker Risen Energy has begun major earthworks and site preparation before mounting system installation at the 121.5 MW Yarranlea project in Queensland. While Risen has not tapped local financing for the project, indeed any outside finance at all, the company has highlighted its local contractor workforce, in a statement today.
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