Energy Magazine December 2017 | Page 48

FIRST SOLAR

The sixth largest country in the world , Australia boasts the highest average solar radiation per square metre of any continent .

And its growing rapidly , thanks to the Renewable Energy Target ( RET ) – a government scheme designed to reduce emissions of greenhouse gases in the electricity sector . It also encourages the additional generation of electricity from sustainable and renewable sources .
American solar panel manufacturer , First Solar , entered the Australian market just seven years ago . Now , it ’ s acquiring , developing , financing , operating and maintaining some of our largest renewable projects .
It ’ s supplying 203 megawatt ( MW ) modules to two largescale PV projects Queensland , the Kidston Solar Farm and Sun Metals solar farm , and building the $ 230mn , 48.5MW Manildra Solar Farm in New South Wales .
Originally established to just supply the technology , the company saw a gap in the market and ramped up a capability to construct projects .
The last 18 months have certainly yielded for the company . Federal government agency , the
48 December 2017