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ARENA Boosts 22 Mega Solar Projects

January 15, 2016

 

The Australian Renewable Energy Agency (ARENA) today announced the short-list of projects invited to progress to the next stage of its $100 million large-scale solar photovoltaic (PV) competitive round.

ARENA CEO, Ivor Frischknecht, said the expression of interest (EOI) phase had attracted strong interest, including several new entrants to the market, and the overall quality of proposals was high.

“ARENA received 77 eligible EOIs and has selected 22 high merit projects to proceed to the full application stage with submissions due by 15 June 2016,” Mr Frischknecht said.

“The projects are located in all mainland states and have a total capacity of 766 megawatts (MW). Each project was able to demonstrate its cost of energy was below the threshold of $135 per MWh, with some projecting costs significantly below this threshold level.

“More than three times the amount of funding available through the ARENA competitive round has been requested for the 22 projects, with an ask of approximately $332 million for projects totalling $1.68 billion.

“The strong interest and high-quality applications demonstrate Australia is serious about deploying large-scale solar and capitalising on its abundant solar resources.”

ARENA’s $100 million competitive round was announced on 9 September 2015 and is designed to bring down costs through the deployment of 200 MW of large-scale solar PV.

Mr Frischknecht said the funding round was well timed to drive innovation and reduce solar PV supply chain costs in Australia, where large-scale solar was still in its infancy.

“It is clear that large-scale solar has the potential to become one of the most competitive forms of energy in the world,” Mr Frischknecht said.

“It is also clear that, despite our significant solar advantages, Australia has some work to do to catch up to countries with more mature large-scale solar industries – our grid-connected large-scale solar capacity will shortly reach 240 MW and is generated by a only a handful of solar plants.

“Through this competitive round, ARENA’s support will ensure a series of large-scale solar projects get off the ground and will help move large-scale solar costs in Australia further down the cost curve, potentially to less than $100 per MWh by 2020.”

ARENA plans to publish aggregated analysis of the EOIs in February to provide the sector with insight about cost and generation parameters.

A number of those short-listed are seeking project finance from the Clean Energy Finance Corporation (CEFC) under its $250 million large-scale solar program. The CEFC’s finance complements ARENA’s program but also supports other solar projects and programs with loan requirements of $15 million or more, targeted at unlocking additional private sector investment in the large-scale solar sector.

The 22 projects selected to proceed from the EOI stage of ARENA’s $100 million large-scale solar PV round to the full application stage (due 15 June 2016)

22 Projects selected are:  

Organisation

Project

Town

State

MW

Origin Energy Limited

Darling Downs Solar Farm

Dalby

QLD

106.8

Gannawarra Solar Farm Pty Ltd

Gannawarra Solar Farm

Kerang

VIC

52.8

Syncline Energy Pty Ltd

Bannerton Solar Park

Bannerton

VIC

51.2

FRV Services Australia Pty Ltd

Baralaba Solar Farm

Baralaba

QLD

50.0

Genex Power Limited

Kidston Solar Project

Kidston

QLD

50.0

KCSF Consortium

North Queensland Solar Farm

Proserpine

QLD

50.0

Neoen Australia Pty Ltd

Parkes Solar Farm

Parkes

NSW

46.0

Infigen Energy

Manildra Solar Farm

Manildra

NSW

42.4

RATCH-Australia Corporation Limited

Collinsville Solar Power Station

Collinsville

QLD

42.0

Infigen Energy

Capital Solar Farm

Bungendore

NSW

39.0

SF Suntech Australia Pty Ltd

Griffith Solar Farm

Griffith

NSW

33.9

Neoen Australia Pty Ltd

Griffith Solar Farm

Griffith

NSW

26.4

Canadian Solar (Australia) Pty Ltd

Oakey Solar Farm

Oakey

QLD

25.0

Neoen Australia Pty Ltd

Dubbo Solar Hub

Dubbo

NSW

22.4

APA Group

Emu Downs Solar Farm

Cervantes

WA

20.1

Goldwind Australia Pty Ltd

White Rock Solar Farm

Glen Innes

NSW

20.0

Kennedy Energy Park Pty Ltd

Kennedy Energy Park

Hughenden

QLD

19.2

Lyon Infrastructure Investments Pty Ltd

Roxby Downs Solar Farm

Roxby Downs

SA

17.0

Canadian Solar (Australia) Pty Ltd

Longreach Solar Farm

Longreach

QLD

15.0

Overland Sun Farming Company Pty Ltd

Hughenden Sun Farm

Hughenden

QLD

14.2

EPHO Pty Ltd

Gidginbung Solar Farm

Temora

NSW

12.2

juwi Renewable Energy Pty Ltd

Ebenezer Solar Project

Ipswich

QLD

10.0

 

 

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