A dozen new large-scale solar power plants are on track to be completed across Australia by the middle of next year. They will provide energy to 150,000 homes and triple the country’s solar capacity.
The plants – being built in Queensland, Western Australia and New South Wales – will provide 480 megawatts of additional renewable energy capacity. They are being developed with the support of a $90 million government grant and $320 in debt finance via the Clean Energy Finance Corporation (CEFC).
And with record investment in the Australian industry last year, according to a report by Clean Energy Regulator (CER), the country is now well on course to meet its renewable energy target of generating around a quarter of the country’s energy needs from clean sources by 2020.