Large-scale Solar Energy
Industrial Offtake Concept
The Territory has a world class solar resource and vast land mass with potential for development.
There is an attractive opportunity for investors seeking to enter the growing solar energy market through the development of a new greenfield projects.
The proposed model is to supply renewable electricity directly to an industrial off-taker through a long-term Power Purchase Agreement (PPA). There is also options to diversify and leverage generation capacity with wind energy.
The Northern Territory has a favourable investment climate with longterm growth potential in the clean energy sector.
The Northern Territory has a world-class solar resource and vast land mass with potential for development:
- 58 million PJ of solar radiance per year
- 22 to 24MJ average annual solar radiation per square metre
- 1.35million km2 land mass in the Northern Territory
The Territory offers a secure and stable operating environment:
- transparent government and strong regulatory systems
- master planning approach to enabling infrastructure
- Investment Type: Greenfield
- Status: Conceptual
- Region: Northern Territory, Australia
- Sector Type: Energy
- Project Value: Varied