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.
The state government of Queensland, which is the largest market in Australia for sub-100kW solar systems, has ruled out proposals for retrospective cuts to the state’s Solar Bonus Scheme.
