Australia reopens PV bidding as Solar Flagships flops

Resources minister Martin Ferguson releases a review into PTTEP Australasia during a press conference in Canberra. PTTEP Australasia operates the Montara oil rig that leaked oil into the Timor Sea for 10 weeks in 2009.

Energy minister Martin Ferguson says the government has the chance to look again at the Solar Flagships contenders

Australia’s federal government is reopening the PV element of its Solar Flagships funding programme after the original winning consortium, Moree Solar Farm, failed to attract private financing.

The move, first flagged by Recharge in January, is a major blow to the government’s ambition to kick-start development of large-scale solar in Australia.

Federal authorities have also been forced to extend the deadline for the project that won the solar-thermal element of the Solar Flagships contest. Both were supposed to achieve financial close in mid-December but have struggled to sign power-purchase agreements and secure private funding.

The A$930m ($1bn) Moree Solar Farm – a 150MW PV installation in northern New South Wales backed jointly by the UK’s BP Solar, Australia’s Pacific Hydro…

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