Denzo Group Australia selects site for a 30 MW PV plant in Queensland

July 2014, Denzo and Natcore announced plans to form a joint venture that would produce solar cells and PV panels in Australia
July 2014, Denzo and Natcore announced plans to form a joint venture that would produce solar cells and PV panels in Australia

Denzo Group Australia has selected a 90 hectare site in the Wide Bay – Burnett Region of Queensland, Australia, as the location for a 30 MW utility-scale solar PV farm.

To be developed in partnership with Natcore Technology Inc. (Rochester, N.Y), an American solar R&D company, the site would be developed to a “shovel ready” stage with energy storage of 30% in three 10 MW modules.

 

Denzo, Natcore plan to produce solar cells and PV panels in Australia

July 2014, Denzo and Natcore announced plans to form a joint venture that would produce solar cells and solar panels in Australia, with Australia as the headquarters for this activity. Official documentation for the current project will be finalised as a Heads of Agreement within 30 days.

Under terms of the Heads of Agreement, Denzo will coordinate the purchase of the land, all of the required approvals and the designation of the facility to be recognised as a solar power station as well as the connection to an approved substation to export the solar power to the Grid.

 

Natcore to select equipment from PV manufacturers in Germany, China and elsewhere

Natcore is preparing equipment recommendations on a “best of breed” basis, i.e., they are putting forward items that would be selected from PV manufacturers in Germany, China and elsewhere around the world.

Jointly Natcore and Denzo will develop a better than usual Return on Investment scenario over a 30 year tenure, the partners note. Natcore and Denzo will participate in a portion of the power purchase agreement.

“Queensland is known to be an excellent environment for solar energy,” says Ken Mathews, Managing Director of Denzo. “The Queensland Government has released a plan to have a target of 50% renewable energy by 2030, hence the opportunity for high growth.”

“This project will place Natcore at the forefront of the Asia Pacific Area for renewable energy,” added Natcore President and CEO Chuck Provini.

 

2016-10-18 | Courtesy: Denzo Group Australia; Natcore Technology | solarserver.com © Heindl Server GmbH

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