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Elementus eyes Australian solar development opportunity

1 Jul 2011

The state government of the Australian Capital Territory has proposed a reverse auction mechanism to allocate 40MW of solar energy, with a policy set up for 210MW in the future.

Australian renewables company Elementus Energy said that as a result, it would be eager to proceed with construction of large-scale solar plants in the area and is prepared to bid into the auction.

It has installed and operated solar energy assets throughout Australia and has interests in the ACT, Victoria and South Australia.

Ashleigh Antflick, managing director of Elementus, said, ‘Elementus has been focused on the ACT for the last two and half years. We are now at the point where our strategic investments are primed to deliver results.

‘Elementus Energy has secured excellent sites in the ACT, and we have had the most positive possible feedback from ActewAGL about grid connection. When Elementus bids into the auction, there will be no guess work about the FiT our projects will require. These will be projects that are shovel-ready to proceed.’

Copyright © 2011 NewNet

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