The Australian utility-scale PV and wind industries have just gone through a record two years of construction and commissioning. More specifically, writes Rystad Energy’s David Dixon, utility-scale PV has transformed from a megawatt-scale market to one measured in gigawatts. The resultant boom in utility-scale PV in the country has attracted developers, EPCs and OEMs, from at home and across the globe.
Although the Wiki-solar website ranking only gives a snapshot of PV project engineering, procurement and construction contracts outside China, it is nevertheless a useful indicator of the changing shape of the global solar market.
Delays in achieving the full commissioning of Australian PV power plants are beginning to seriously impact project EPCs. Diversified engineering and infrastructure company, RCR Tomlinson has postponed its annual financial results, with speculation mounting that delays to the commissioning of a solar project has caused “a material negative impact” on its earnings.
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