UK alternative investor Ingenious teams with Australia’s Stellata Energy for 120MW PV

Facebook
Twitter
LinkedIn
Reddit
Email
The initial focus of the partners will be in Western Australia, where Stellata has been developing a flagship 120MW project, costing about AU$160 million, near Merredin in the Central Wheatbelt region. Source: Flickr/ Pedro Szekely

UK alternative investment firm Ingenious has teamed with Australian developer Stellata Energy for a landmark joint venture to develop large-scale solar energy in Australia, including a flagship 120MW ground-mounted project.

The partnership commits to funding a pipeline of solar farms across the country, with an initial focus on Western Australia, with a value in excess of AU$200 million (US$150.65 million). The 120MW project is expected to cost around AU$160 million, and will be located near Merredin in the Central Wheatbelt region. Construction will begin in the first half of 2018, with potential electricity contracts still under negotiation.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The funding is timely as Australia’s renewable energy sector experienced an all-time high for investment in 2016, and saw a focus on large-scale renewables – following the settled target to double current large-scale capacity to 33,000GWh by 2020.

The Finkel Review has recommended introducing a Clean Energy Target (CET) to replace the Renewable Energy Target (RET) after 2020, intending to pave the way for further investment into renewables and a low-carbon economy.

The partnership is sure to combine Stellata’s experience in developing large-scale ground-mount and rooftop solar with Ingenious’ investment prowess which has resulted in £500 million in renewable projects across the UK and Ireland.

Commenting on the venture, Troy Santen, Stellata director, said: “As a West Australian company, we are very excited to be partnering with Ingenious in our quest to bring utility-scale solar power to our state. Our collaboration will drive forward the development of solar PV projects, as well as the creation of jobs in local communities.”

Sebastian Speight, managing director, Ingenious Infrastructure, agreed: “Ingenious has worked closely with the team at Stellata on previous ventures and their track record of delivering high quality solar projects is testament to their knowledge and expertise in this sector. Australia has huge potential to benefit from solar energy, due to its geographical positioning and high levels of irradiation, and we are confident that Stellata can fully capture the rewards this technology can offer.”

Read Next

September 16, 2025
Sunotec has launched Sunotec Nordic to spearhead solar and hybrid renewable project development across the Nordic region.
September 16, 2025
IB Solar is investing INR30 billion (US$340 million) in a 4GW TOPCon solar cell and module manufacturing plant in Jewar, Uttar Pradesh.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.
September 15, 2025
UNSW spin-out company Lab360 Solar has been awarded funding from ARENA to bring its drone-based PV inspection technology to market.
Premium
September 15, 2025
The UK government and solar industry have jointly published a long-anticipated roadmap detailing how to maximise the country’s solar potential. Chris Hewett, CEO of Solar Energy UK takes a closer look at the details.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA