The Clean Energy Regulator has released its October 2018 Large-scale Renewable Energy Target market data.
Amongst the October highlights were the fact that 33 power stations were accredited with a combined capacity of 150 megawatts. This brings the total capacity accredited in 2018 to over three gigawatts.
Three utility-scale projects account for 139 megawatts of October’s accredited capacity:
- Karadoc Solar Farm in Victoria – 112 megawatts
- Baking Board (Chinchilla) Solar Farm in Queensland – 20 megawatts, and
- Timboon West Wind Farm in Victoria – 7 megawatts
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Four utility-scale projects with a combined capacity of 438 megawatts reached financial close. The largest being Kiamal Solar Farm (Victoria) and Sunraysia Solar Farm (New South Wales), with 200 megawatts each.
The 25 megawatt Katherine Solar Project in the Northern Territory signed a power purchase agreement and will be the largest solar farm in the Northern Territory.
The Australian Government has set a Renewable Energy Target of 33,000 gigawatt hours of additional renewable energy generation by 2020.
Read the full market data findings here.