Sunseap acquires minority stake in Todae Solar
Singapore-based solar developer Sunseap has taken a minority stake in Todae Solar, one of Australia’s largest solar commercial and industrial EPC companies.
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.
RCR Tomlinson enters administration
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.
Two major projects in NSW ready to commence construction
Construction works are expected to start soon on two utility-scale solar PV project in New South Wales with a combined capacity of more than 460 MW, as confirmed by German-based Belectric, which will handle the EPC and O&M duties on both sites.
Fast-falling EPC prices make sub-$60/MWh solar feasible
Analysis from Rystad Energy has revealed that sub-$60/MWh utility scale solar projects could be viable in sunny parts of Australia today. The highly competitive EPC landscape has been identified as the major driver of the improving PV power plant economics although, as always, cost of capital remains key.
Sterling & Wilson picks up 500 MW Australian pipeline
Indian EPC Sterling & Wilson continues to expand its Australian project pipeline. The EPC reports that it is working on projects worth a total of $600 million.
Phoenix Solar awarded contracts in Australia and U.S.
The German PV company has received the order for a 39 MW solar plant in Australia. Meanwhile in the U.S., Phoenix Solar has been negotiating two other projects.
