Australia builds big
While the first half of 2022 was one of the busiest periods on record for new wind projects in Australia, with more than 2 GW breaking ground, solar got off to a much slower start with construction on 635 MW of new PV projects getting underway. Rystad Energy’s David Dixon attributes this slowdown to high cost and supply chain challenges and a lack of available power purchase agreements.
Utility PV and wind capacity to start construction in Australia in the first half of 2022 totalled 2.7 GW, a new record for the country. The capacity that broke ground will contribute approximately 7 TWh per year, or 3% of the National Electricity Market’s annual generation.Of the 2.7 GW to break ground, utility PV contributed …
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