CEFC finances 165 MW at three sites in Australia
Clean Energy Finance Corp.’s (CEFC) has announced its latest round of solar financing, with A$77 million ($58.3 million) to support the development of three projects in the states of Queensland and Victoria.
Tesla launches Powerwall 2, says all solar homes will have storage
Tesla has officially launched its range of second generation home and grid-scale battery storage products in Australia, with installations of the company’s fully integrated, 14kWh residential Powerwall 2 units to begin in homes throughout the country next month.
Australia: Solar and storage startups pitch to investors, in first Clean Energy Innovators Demo Day
Seven PV and battery storage companies have pitched to investors at the first Clean Energy Innovators Demo Day in Sydney. The Clean Energy Finance Corporation (CEFC) organized the event and can also finance investments in early-stage companies through its Innovation Fund.
Australia has 4.7 GW of large-scale solar in the works, finds new Climate Council report
Key findings of report point to “huge” year for large-scale solar in Australia in 2017, with 20 such plants to come online over the next 12 months. Globally, costs have dropped 58% in five years, with the world now sitting on 300 GW of installed PV capacity.
Australia: 320 MW of solar farms commence construction in Victoria
Three PV power plants worth a combined 320 MW have begun construction in the southeastern Australian state of Victoria. A joint venture between Overland Sun Farming and the UK’s Island Green Power is behind the AU$500 million (US$384 million) development, which is going ahead despite the projects not having yet signed PPAs.
Foresight purchases first Australian PV power plant, with 25 MW Barcaldine project
Britain’s Foresight Group had made its first investment into large scale PV in Australia. It announced today the acquisition of the 25 MW Barcaldine Remote Community Solar Farm in Queensland.
First Solar signs 63 MW module supply agreement in Australia, also partners with Zorlu Holding
The Australian supply deal sees the U.S. solar company supply 63 MW of thin film modules to the Kidston Solar project, while partnership with Turkish developer Zorlu will bring exposure to 26 selected markets.
Genex Power secures $76.8 million for 50 MW Australian mine PV
The Sydney-based developer has obtained A$100 million ($76.8 million) in funding from Clean Energy Finance Corp. (CEFC) and Societe Generale.
EnergyAustralia signs PPA for 142 MW solar farm in Queensland
EnergyAustralia has become the latest big energy retailer to sign a power purchase agreement for a large solar farm, committing to a 13-year off take agreement for the 142MW Ross River solar farm in Queensland, in what is the largest deal of its type to date in Australia.
Equis Energy investing AUS$400m into two Australian solar farms
The Singapore-based developer of renewable energy will develop and construct two 100 MWac solar PV projects, located in South Australia and Queensland.
