AGL kicks off the age of large solar

Wind has been expected to do almost all the heavy lifting in meeting our renewables target of at least 20% but new forecasts suggest solar PV – like that to be employed at Australia's largest solar project – will play a much bigger role.

In 2020, the last year of Australia’s Renewable Energy Target, more large-scale solar capacity will be brought online than wind capacity, according to the latest forecasts from analysts Bloomberg New Energy Finance. The news, which comes as Australia’s largest solar project gets the go-ahead, shakes up the thinking that wind will be the only utility-scale renewables focus through to the end of the decade.

The forecast alteration was discussed by Bloomberg New Energy Finance’s Kobad Bhavnagri at the recent Clean Energy Week conference, with a solar surge in the back half of this decade now expected thanks to the swift reduction in costs.

Graph for AGL kicks off the age of large solar

{{content.question}}

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'SMS Code Sent…' }}

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to unlock a FREE trial

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa
Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles