During August 2018, Australia passed an important landmark in its renewable energy project pipeline, writes Ben Willacy, Senior Analyst at Rystad Energy. The local renewable energy sector now has 300 utility-scale solar operations and projects at various stages of completion, reflecting a remarkable expansion in renewable project development.
Panels at the 53 MW Broken Hill Solar Plant in New South Wales, completed in 2015. Recent developments in the utility-scale segment have considerably altered the risk proposition for solar in Australia, says Rystad Energy’s Ben Willacy.
Image: Jeremy Buckingham
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