Just days after Tesla announced it was taking orders – and down-payments – for its much-hyped and quite good looking solar roof, an Australian made printed solar innovation that could rival Elon Musk’s power generating tiles has moved one major step closer to commercialisation.
Sydney-based energy infrastructure specialist APA Group has selected RCR Tomlinson as the EPC contractor for a 110 MW solar project in the town of Dalby, Queensland. The contract is valued at roughly A$175 million ($129.3 million).
The Clean Energy Finance Corp. (CEFC) will provide AU$60 million ($44.5 million) in financing to RATCH-Australia to turn an idled coal-fired plant in Collinsville, Queensland, into a 42.5 MW solar array.
The Chinese solar power company has managed to raise AU$ 65 million (US$50 million) for two of its projects in Australia.
The Australian state’s Independent Pricing and Regulatory Tribunal (IPART) has drafted recommendations for voluntary solar feed-in tariffs (FITs) for 2017-18. It has proposed a benchmark range of AU$0.116 to AU$0.146/kWh, from AU$0.055 to AU$0.072/kWh in the preceding 12-month period.
Palisade Investment Partners (Palisade) and ESCO Pacific (ESCO) have selected Sydney-based Downer EDI to handle EPC duties for the A$200 million ($150.5 million) Ross River solar project in the state of Queensland.
The world’s cumulative PV capacity had surpassed 303 GW at the of 2016, according to a report from IEA PVPS. Globally, solar power is now able to cover approximately 1.8% of power demand.
The company aims to build what would be one of the country’s largest PV arrays near a high-voltage substation in Queensland’s Lower Wonga region. Via the substation, the project would supply electricity to cities and towns such as Gympie, Gin Gin, Teebar Creek, Mungar, Kilkivan and Brisbane.
The Italian power utility and the Dutch investment firm have agreed to acquire the first 137.5 MW of a 275 MW PV project under development in Australia. The second 137.5 MW project’s unit will be bought by the two companies later this year.
The Australia residential storage market is booming on the back of a combination of regulatory changes and market dynamics. However, with upwards of 30,000 systems set to be plugged in this year, the influence of early adopters deploying solar+storage to new installations remains a dominant driving force in the current market.
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