Dec 15, 2017 Last Updated 4:28 PM, Dec 12, 2017

New Entry From the Editor :

Australian shopping empire Westfield sold to French property firm for $33 billion

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ASX introduces blockchain technology into trade settlement system

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Australia’s annual economic growth rate rises to 2.8%

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20 megawatt Queensland solar farm goes live

solar plantAusBNeditAusBN - Queensland’s large-scale solar farm in Barcaldine has begun generating electricity, delivering 20 megawatts of energy into the national grid.

The facility becomes the state’s largest solar farm and will produce enough energy to power around 9,800 households, according to the Australian Renewable Energy Agency (ARENA).

ARENA CEO Ivor Frischknecht revealed that “Barcaldine was one of the first ARENA-funded solar plants and has helped pave the way for the next generation of 12 large-scale solar farms to be built across the country by the end of next year.”

Six similar plants will be constructed in Queensland, five in New South Wales, while one farm will be built in Western Australia.

These developments in Australia’s renewable energy industry reflect global trends in the market, as solar energy prices continue to fall heading into the new year.

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