UK developer sells on 54MW of Aussie merchant solar projects

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 8, 2025
University of Sydney scientists have created the largest and most efficient triple-junction perovskite-perovskite-silicon solar cell on record.
October 8, 2025
Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.
October 8, 2025
Australia's NEM achieved a new minimum operational demand record of 9,666MW, marking a 4% decrease from the previous record.
October 8, 2025
Frontier Energy plans to expand its Waroona Renewable Energy Project into a renewable energy precinct by 2031, targeting up to 1GW solar.
October 7, 2025
Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio.
October 7, 2025
Juniper Green Energy through its subsidiary Juniper Green Sigma Eight has signed a 70MW power purchase agreement with renewable energy giant Tata Power. 

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK