Government looking to boost investment in medium-sized solar projects
An article published in The Sydney Morning Herald on July 21st 2010 discusses how Victorian Premier John Brumby has unveiled plans for Victoria to become the “Solar State” of Australia, and that a new task force has been launched to study how to drive investment into medium-sized solar power projects, for e.g. solar panels on shopping centre roofs……..
Renewable energy could provide Victoria with eight times more electricity than it needs, a report has found, as the government offers new incentives to expand solar power production. The result will mean at least 25 per cent of Victoria’s entire power supply will come from all renewable energy sources by 2020.
Even with Victoria’s booming population expected to drain a further 15 to 20 per cent off the electricity grid by 2030, the report says solar energy alone could easily cover double the future demand.
Large-scale solar energy plants will be given a new tariff to feed power into the grid above and beyond what it would normally get on the energy market. The tariff rate will be determined following consultation with industry during the next six to 12 months
Environmental groups praised the decision and said the feed-in tariff would encourage large-scale investment.
Mark Wakeham of Environment Victoria said he believed the government’s timeline of building up to 10 solar plants in 10 years is also feasible……..”I think it’s realistic,” he told AAP. “The thing that’s been preventing them from being built before is the financial incentive.”
We at Sunshine Solarlife are very excited about the long term affordable investment possibilities offered by medium scale commercial solar installations, that bridge the gap between standard household supply and these large scale plants, and have put together a detailed proposal on the likely ROI offered for the owners of properties with suitably sized roof space.
For further details please call our Sales Technician Michael Berris on 0419 796 845
© 2010 AAP.
To read the full article visit
http://news.smh.com.au/breaking-news-national/brumby-pledges-solarpower-state-20100721-10kni.html




