Contracting for renewables by corporate big energy users has been slow to catch on Down Under. A new report suggests that’s about to change.
CEFC commits $120m debt finance to Sapphire wind farm to demonstrate large-scale renewables bankability, kick-start merchant market.
Infigen says securing contracts for renewable projects in Australia still very difficult, with obligated parties “simply passing through” higher costs to customers.
Origin signs offtake for hybrid solar and storage plant at Degrussa mine – its third solar contract, as it seeks bidders for massive Stockyard Hill wind farm.
Report says long-term power purchase agreements on rise among global corporates, providing a boon to renewables – even in Australia.
Florida Power & Light filed last week for approval to purchase the 250MW coal-fired Cedar Bay Generating Plant for $520.5 million. It wants to close it.
Texas, home of Big Oil, gets 150MW solar plant that is cheaper than gas, half cost of coal, and almost one third cost of nuclear.
SunEdison is selling electricity from a 150MW solar pv plant for less than 5c/kWH – the cheapest solar deal so far.