SIMON Corbell says thirty submissions have been received in response to the ACT’s next generation solar expression of interest process.
“We have received a tremendous response, reflecting significant industry demand for new opportunities,” Simon said.
“Submissions for the 50MW next generation solar EOI process closed yesterday, with submissions for up to 976MW of capacity put forward for consideration.
“The ACT Government’s next generation solar 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.
“This is an important time for renewable energy globally. Solar and wind resources are growing rapidly. But for truly widespread adoption and to decarbonise our economy, renewable energy needs to be available as and when we need it, day or night.
“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.
[Photo by Russ Ferriday, attribution licence]