APPROVAL has been given for the largest solar farm in the country — and possibly the largest proposed in the world — to be built in Queensland.
Construction on the 13,000-acre Bulli Creek site near Powerlink’s substation near Millmerran, southwest of Toowoomba, is expected to start next year. It will be on cleared, flat cattle grazing land.
Developer Solar Choice has received approval from Toowoomba Regional Council for a total footprint of up to 2 gigawatts over the next eight years.
The solar farm will be built in stages of multiple 100MW-plus phases, within a total planning approved envelope of 2GW.
“The Bulli Creek project is attracting attention from a range of global investors prepared to take a medium- and long-term view,” Solar Choice said, stating it remained open to a large-scale investor.
——
This is surprising for a few reasons. The investors must have considerable faith that carbon pricing will return for much of the 35 year operating period.
Also, this is literally 100 times bigger than the biggest photovoltaic plant in existence in Australia at present. It’s quite a jump.
The pricing also seems optimistic. The Chinese are making some pretty cheap PVs now thanks to economies of scale in silicon production, but 50 cents per peak watt installed will be quite a trick.
