“Wall of money” fighting for U.S. solar projects
Wood Mackenzie notes that new investors and sources of capital are chasing down a limited supply of viable U.S. solar projects and sees tightening targets, expanding project appetite, and evolving techniques.
“Privately funded” 200 MW Solar River PV project gets development approval
A hugely-ambitious plan to develop a 200 MW PV array and 120 MWh battery system in South Australia has received development approval. The project developer, which is hosted by the University of South Australia’s ThincLab accelerator, reports that the $450 million project is privately financed with a 60/40 merchant/PPA structure – a significant milestone for the market segment.
Innogy to acquire two Australian projects worth 460 MW
Germany’s innogy is set to acquire the Limondale and Hilston utility-scale solar projects in Australia’s New South Wales from developer Overland Sun Farming. The two projects have a combined capacity of over 460 MW.
8th IRENA Assembly: Utility scale solar LCOE falls 73% since 2010
All forms of renewable energy will be cost competitive with traditional generation sources by 2020. This was one of the key findings in the latest report from the International Renewable Energy Agency (IRENA). It was delivered yesterday at IRENA’s 8th annual Assembly in Abu Dhabi.
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.
