Large-scale solar PV competitive round - EOI application data

ARENA has compiled a summary of key data from the expression of interest (EOI) stage of its large-scale solar photovoltaic (PV) competitive round. This data, sourced from 75 large-scale solar projects, is expected to provide valuable information to stakeholders on the latest trends in costs, generation yields and financing.

The data shows that:

  • the cost reductions ARENA anticipated for large-scale solar appear achievable
  • capital costs for large-scale solar have reduced significantly over the past two years despite a fall in the value of the Australia dollar
  • capacity factors for large-scale solar plants are increasing through the use of single axis tracking and moving to higher DC:AC ratios.

Large-scale solar PV competitive round – EOI application data (PDF 521KB) | (PPTX 5MB)