Independent infrastructure and private equity manager Foresight Group has acquired a 25MW solar farm in Queensland, Australia, from Elecnor Australia, a subsidiary of Spain-based energy firm Elecnor.
Global utility-scale solar developer Fotowatio Renewable Ventures (FRV) announced Tuesday that it has signed a power purchase agreement with Ergon Energy — the Queensland Government-owned electricity retailer — for the proposed 100MW (125MW DC) Lilyvale Solar Farm project.
Major power firm EnergyAustralia has signed a 13-year power purchase agreement (PPA) to take 80% of the energy produced by a 142MW solar PV plant near Townsville in Queensland, Australia.
Indian conglomerate Adani has released more details of its planned 1GW of solar investments in Australia over the next five years, while the Queensland Supreme Court has dismissed appeals against granting mining licenses for Adani’s planned $16.5 billion Carmichael coal project.
Adani Group, currently the largest solar developer in India, plans to start constructing two solar PV plants with 100-200MW capacities in Australia next year, according to a Bombay Stock Exchange filing.
The Australian state of Queensland is raising its solar feed-in tariff (FiT) by 17.3% for 2016/17 in response to an increase in wholesale energy costs.
Integrated power firm and utility Origin Energy has signed a 13-year power purchase agreement (PPA) with solar developer Fotowatio Renewable Ventures (FRV) to offtake electricity from the planned 100MW Clare Solar Farm in north Queensland.