September Large-scale Renewable Energy Target market data now available

The Clean Energy Regulator has released the September 2020 Large-scale Renewable Energy Target market data.

• 700 MW across three solar farms reached financial close in September. 300 MW of this capacity from two solar power stations (Suntop Solar Farm – 189 MW and Gunnedah Solar Farm – 110 MW) underpinned by a power purchase agreement with Amazon. The 400 MW New England Solar Farm is the the third solar farm to be financed across the month.
• The total committed capacity in 2020 to just over 2 GW. The Clean Energy Regulator expects between 2 and 3 GW of projects will be financed by the end of 2020.
• The strong pipeline of projects continues with two utility-scale renewable energy projects, with a combined capacity of 328 MW, entered into power purchase agreements:
  • Berrybank Wind Farm Stage 2 in VIC – 110 MW, and
  • Ryan Corner Wind Farm in VIC – 218 MW.