UK developer sells on 54MW of Aussie merchant solar projects

November 14, 2018
Facebook
Twitter
LinkedIn
Reddit
Email
Utility-scale solar is booming in Australia. Source: Neoen.

UK-based developer Eco Energy World (EEW) has sold 54MW of ‘ready-to-build’ merchant solar projects in Australia.

The Impact Investment Group has purchased the Chinchilla (20MW) and Brigalow Solar Farms (34MW). Gildemeister Energy Services will provide engineering, procurement and construction (EPC) services.

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

EEW claims to have more than 900MW of pre-construction projects moving towards financial close.

Pavel Tyle, managing director of EEW told PV Tech that the challenge for successful merchant projects in Australia was finding the correct balance of revenue streams. This involves finding the right mix of spot market sales and short-term futures agreements, to make investors comfortable, he explained.

Svante Kumlin, founder and CEO of EEW, said: “It’s been challenging to develop merchant solar in Australia, but our innovative and hardworking team has delivered on our target. We believe this is the new business model for renewables and will enable subsidy-free renewables to out-compete carbon energy in Australia and elsewhere in the world.”

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.

Read Next

October 29, 2025
French firms TotalEnergies and EDF, with local partners, secured contracts for 400MW and 600MW solar projects in Saudi Arabia, supporting Vision 2030 renewable goals.
October 28, 2025
GreenYellow plans to invest US$116 million in Poland over the next three years to expand its installed capacity and customer base.
Premium
October 28, 2025
BESS are 'the new player that everyone is talking about,' in Europe’s power purchase agreement (PPA) space, according to LevelTen.
October 28, 2025
GoldenPeaks Capital secures EUR114 million (US$132 million) financing package for two solar PV Portfolio in Poland.
October 28, 2025
Chinese solar inverter producer GoodWe has launched a new “low noise, low weight” string inverter for the European corporate & industrial solar market.
October 28, 2025
Fotowatio Renewable Ventures (FRV) Australia has announced the development of a 210MWdc solar project in New Zealand's Rangitikei District.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany