The Clean Energy Finance Corporation will provide $94 million as the sole debt financier of Australia’s first co-developed wind, solar and storage array. The 60 MW Kennedy Energy Park is being developed by Windlab and Eurus Energy and will combine 43.2 MW in wind capacity, 15 MW of solar PV, and 2 MWh of battery storage.
The tender was part of a raft of announcements, including confirmation of a commitment to source 50% of its electricity from renewables by 2030. Queensland currently lags behind the progress of other Australian regions in terms of renewable energy installed, but multiple projects have been announced.
British firm to invest AU$64 million to acquire assets being developed in Queensland by Canadian Solar.
Since October 8 some 42 cars powered by solar energy raced their way across Australia from Darwin to Adelaide in the 30th World Solar Challenge. Delft University’s Nuon Solar grabbed its seventh win.
Record crowds have been attracted to this year’s All Energy Australia trade show and conference, currently underway at the Melbourne Exhibition Centre. With the country’s rooftop market set to exceed 1 GW in 2017, the battery storage sector burgeoning, and strong growth being shown in the utility scale segment, policy uncertainty prevails beyond 2020.
The AUS$150 million agreement between the government-owned CS Energy and the Kennedy Energy Park marks yet another positive step for Australia as it seeks to tap the potential of all its renewable energy sources.
Adani Australia is planning to construct a 300 MW and 10 0MW solar PV farm at Rugby Run in Queensland and Whyalla, South Australia, respectively.
The $157 million project will be built with 420,000 polycrystalline modules mounted on single-axis tracker near Port Augusta.
The Spanish consortium will build FVR’s Lilyvale Solar Farm in the state of Queensland by the end of 2018.
The Clean Energy Finance Corp. (CEFC) has revealed plans to provide A$98 million ($77.05 million) in debt finance to back the development of the biggest biggest solar project in the Australian state of Victoria.