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Fotowatio Renewable Ventures (FRV) to build Royalla 1, a 20MW solar power facility

By johnboy - 5 September 2012 30

screenshot

Gosh! Royalla 1 has a ring to it eh? Simon Corbell has unveiled the winner of the big solar power facility auction:

Mr Corbell announced the outcome of the ACT Government’s fast-track stream of the ACT large-scale solar reverse auction by confirming that Royalla 1 will become the largest solar power facility built in Australia to date.

“This is an important day for Canberra, and I am proud that the ACT Labor Government is delivering on its promise to make Canberra, Australia’s solar capital,” Mr Corbell said.

“This reverse auction process has delivered a solar facility that will produce enough renewable electricity to power approximately 4,400 Canberra homes at a cost of 25c per week per household or $13 per year.

“Importantly, we expect this already low cost to reduce further as the wholesale price of electricity rises, and for the cost per household to reduce to approximately $9.50 per year by 2020,” he said.

With a Feed-in Tariff rate of $186 per megawatt-hour (18.6c/kilowatt-hour), the successful auction proposal submitted by FRV is highly competitive and will result in the ACT hosting the largest solar farm in Australia by 2014.

FRV have a website for peering at.


UPDATE 05/09/12 15:43: Simon Corbell’s office has sent in the above artists’ impression of the plan and Simon Corbell with Rafael Benjumea, CEO of Photowatio Renewable Ventures (FRV).

handshake


Also the Greens are very happy:

The ACT Greens have welcomed today’s announcement that Fotowatio Renewable Ventures (FRV) has been chosen to build the ACT’s first large scale solar power facility. The plant will be Australia’s largest solar facility upon its completion in 2014.

“This is a great example of the progress that has been made during this term of the Assembly towards Canberra becoming more sustainable,” said Shane Rattenbury, ACT Greens Energy spokesperson.

“With an ambitious greenhouse gas reduction target of 40% reduction by 2020, a feed in tariff for large scale renewables, and energy efficiency legislation, a lot of progress has been made to position Canberra for a low carbon future.

“The reverse auction tariff price of 18.6c/kilowatt-hour also reflects just how quickly the price of solar energy is falling, and that the more we invest in renewable energy, the cheaper it becomes.

What’s Your opinion?


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30 Responses to
Fotowatio Renewable Ventures (FRV) to build Royalla 1, a 20MW solar power facility
kevin22 9:46 am 06 Sep 12

Love it, great clean energy.

Deref 9:36 am 06 Sep 12

enrique said :

Bloody awesome!

Go for it FRV!

Fantastic to see some changes happening.

Hear, hear.

Of course ACTEWAGL will still charge us carbon tax on its electricity.

Chop71 8:41 am 06 Sep 12

So my power just bill went up again to make me feel warm and fuzzy.
What a waste of money

MERC600 8:30 pm 05 Sep 12

Now I guess someone, somewhere , has worked out what this is going to cost us residents in the end,, I only hope it’s not the same joker who gave us the original cost for our new dam.

rosscoact 7:21 pm 05 Sep 12

monomania said :

It makes the rooftop solar feed-in tariff scheme with tariffs of $500.50 or $457 per megawatthour look really stupid. Since the electricity is worth $10, the subsidy required averages $390 a megawatthour
Minister Corbell intends to grandstand and cancel the renewable energy certificates the solar farm electricity creates. These are worth $36 per megawatthour. The tariff paid to the farm would drop from $186 to $150. The subsidy required would be $50 per megawatthour.
And Minister Corbell considers what he has done is a success.

The tariff will be paid to FRV and they wil pay the lucky farmer a rent over the next 20 years

cranky 6:16 pm 05 Sep 12

monomania said :

It makes the rooftop solar feed-in tariff scheme with tariffs of $500.50 or $457 per megawatthour look really stupid. Since the electricity is worth $10, the subsidy required averages $390 a megawatthour
Minister Corbell intends to grandstand and cancel the renewable energy certificates the solar farm electricity creates. These are worth $36 per megawatthour. The tariff paid to the farm would drop from $186 to $150. The subsidy required would be $50 per megawatthour.
And Minister Corbell considers what he has done is a success.

My head hurts. 🙂

monomania 5:58 pm 05 Sep 12

It makes the rooftop solar feed-in tariff scheme with tariffs of $500.50 or $457 per megawatthour look really stupid. Since the electricity is worth $10, the subsidy required averages $390 a megawatthour
Minister Corbell intends to grandstand and cancel the renewable energy certificates the solar farm electricity creates. These are worth $36 per megawatthour. The tariff paid to the farm would drop from $186 to $150. The subsidy required would be $50 per megawatthour.
And Minister Corbell considers what he has done is a success.

Postalgeek 5:58 pm 05 Sep 12

roccon said :

this stuff should be going onto roof spaces in the cbd and industrial areas, not farmland. stupid stuff if you ask me.

I agree that the preservation of agricultural land is essential, given the impending perfect storm of global population growth, peak oil and biofuels, and unpredictable climate changes.

However, there is the potential for solar and sheep graziers to have a symbiotic relationship, with solar panels providing some shade for vegetation and stock as well as auxiliary income for farmers in droughts, while the stock keep the grass down around panels, reducing the risk and impact of grassfires. Cattle don’t work because they are more capable of damaging panels and infrastructure.

roccon 5:37 pm 05 Sep 12

this stuff should be going onto roof spaces in the cbd and industrial areas, not farmland. stupid stuff if you ask me.

rosscoact 5:32 pm 05 Sep 12

Solidarity said :

What a waste of space.

space is pretty big. there’s plenty to waste if you consider that it’s infinity.

tommo 5:31 pm 05 Sep 12

Solidarity said :

What a waste of space.

What would you do with the space?
If it’s not being used for water collection, farming or housing I would think that energy production is the next best thing.

Solidarity 4:23 pm 05 Sep 12

What a waste of space.

deye 4:01 pm 05 Sep 12

Ah, I love that 20 MW is being touted as big. 2 GW would be big solar.

Truthiness 2:58 pm 05 Sep 12

four thousand houses ey? Is that roughly equivalent of a single government department? I wonder how much juice the ATO server room alone sucks down? so we only need another few hundred of these plants to run Canberra, well at least on sunny days.

Its a welcome start, a journey of a thousand miles begins with a single step, its just a pity the first step wasn’t twenty years ago.

enrique 1:49 pm 05 Sep 12

Bloody awesome!

Go for it FRV!

Fantastic to see some changes happening.

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