Renewable energy deals: Pacific Hydro, ARENA, Hydro Tasmania.Suntech Power
GREEN DEALS: Pacific’s solution, Climate Spectator, 18 Sep 2012
Pacific Hydro
Pacific Hydro has this week launched its long awaited retail offering. The initial launch will be in Victoria and Tasmania and will focus on business customers.
The plan to take on the big utilities in the energy retail sector was
publically floated in February after the company failed to reach
agreement on a power purchase agreement for its Moree Solar Farm joint
venture – although the company had been working on it prior to then.
The inability to seal a PPA was symbolic of challenges for independent
power producers to get the major utilities to come to the party for
clean energy projects.
These difficulties have now borne themselves out through wind
power-focussed Pac Hydro and Meridian Energy both launching retail
offerings in Australia in the past month. Both of these companies are
focusing on Victoria and South Australia first – not surprising given
their asset base is largely in these two states – but while NZ-based
Meridian is concentrating on households, Pac Hydro will target
business.
“Initially we will target medium and large business retail customers
in Victoria and South Australia, ranging from local councils and
manufacturing facilities through to corporations who are committed to
a minimum purchase of 10 per cent GreenPower,” the company’s
Australian GM Lane Crockett said.
Pac Hydro’s portfolio of 207MW of merchant wind farms will form the
basis of its retail offering.
ARENA, geothermal……
Musselroe Wind Farm, Hydro Tasmania….
Vestas....
Suntech Power, LDK Solar…..
http://www.climatespectator.com.au/commentary/green-deals-pacifics-solution
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