Queensland accounts for half of Australian large-scale PV investment

Facebook
Twitter
LinkedIn
Reddit
Email
Clean Energy Council chief executive Kane Thornton said the falling costs of solar had drawn huge interest from construction companies and major financiers. Credit: Twitter

Queensland is currently the leading Australian state for large-scale solar development and is pushing the country towards another record year, according to Clean Energy Council chief executive Kane Thornton.

Thornton said that during 2018, a total of 20 projects were actively under construction, would soon start or had already been completed in the state.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

He added: “Across the country, projects which are under construction, completed or have secured financial commitment add up to AU$5 billion in investment, with Queensland investments contributing more than half – 52%, or AU$2.6 billion. All up, large-scale solar activity in the state adds up to almost 2,670 direct jobs and 1,400MW of new clean energy.

“Large-scale solar has gone from an emerging technology in Australia at the beginning of the decade to a genuinely game-changing form of power that is cheaper than new coal or gas. It has exceeded the expectations of even the most optimistic predictions.”

Thornton said the falling costs of solar had drawn huge interest from construction companies and major financiers.

A council in Queensland recently confirmed receipt of a planning application for a 1.5GW solar farm, with provision for battery energy storage, from Sunshine Energy Australia.

Read Next

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 1, 2024
Dallas, Texas
Solar Media Events
May 21, 2024
Sydney, Australia