Big response to ACT solar EOI

The ACT Government has received a strong response to its next generation solar expression of interest process, with 30 submissions received.

ACT Minister for the Environment Simon Corbell described the response as “tremendous” and said submissions for up to 976MW of capacity had been put forward.

Mr Corbell said the initiative seeks to underpin the widespread commercial development and deployment of next generation solar while driving the development of the renewable energy industry in the ACT.

“Solar generation is a mature technology that can be cost competitive with grid electricity for both residential and commercial consumers. Intermittency and reliability of supply remain a key challenge to widespread adoption. Next generation solar, combining solar generation and energy storage technologies, seeks to address those key challenges,” Mr Corbell said, as reported by RenewEconomy.

“Next generation solar, combining solar generation with energy storage, will be crucial to the future success and widespread take-up of renewable energy, and will position the ACT at the forefront of this growing industry as an internationally recognised centre for renewable energy innovation and investment.”

Information gathered through the EOI process will be used by the ACT Government to inform the future next generation solar initiative, which may include direct grants or a reverse auction process, as reported by Energy Business News.