Smarter, cheaper solar plants are halving Australian solar farm capital intensity
Australian solar farm capital intensity halves, due to smarter, cheaper plants, REneweconomy By Jonathan Gifford on 19 January 2017
The capital intensity per watt of the utility scale solar plants in the current development pipeline in Australia is about half that of those that are already operational.
The stark and rapid improvement in the economics of big solar in the country is due to global declines in component costs, but also importantly declining EPC (construction) costs and the deployment of yield-boosting technology like tracking.
With the pipeline of utility scale PV projects growing seemingly on a daily basis, Sustainable Energy Research Analytics (SERA) believes that solar’s increasing competitiveness is due to a large part to a more competitive and efficiency EPC landscape…….http://reneweconomy.com.au/australian-solar-farm-capital-intensity-halves-due-smarter-cheaper-plants-43781/
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