U.K. solar developer Eco Energy World (EEW) is looking to take advantage of a growing PV market in Australia, via its Australian subsidiary. The company was last week granted consent for a 140 MW plant in the country, which will make up part of a huge 1 GW solar plan that it has over the next two years.
The 140 MW plant is set to be located near Maryborough in Queensland, and will cost a cool AUS $280 million. Over 500,000 PV modules will be used on the 800-acre project, with construction expected to begin in early 2017. It will be a ground-mounted installation that will include sun-tracking technology.
We are so pleased for the Aramara area and the Fraser Coast Region, commented EEW Chairman Syante Kumlin. This project will increase the utility solar generation by 140 MW and will create new opportunities for the community, including a large number of jobs and services.
The British company has already secured 440 MW of solar projects within Australia, and has now announced that it plans to develop 1 GW of solar PV in the country over the next two years.
We have a unique proposition, where are projects are based on a merchant income model and therefore the projects are not delayed by PPAs, added Kumlin. We have been very successful in the U.K. market, and we know it began in the same way the Australian market is today.