New solar farm opened for the Australian Capital Territory

Williamsdale Solar Farm (from RenewEconomy)

The Australian Capital Territory (ACT) Government has a goal to have the territory’s electricity provided by 100% renewable energy by 2020. It is well on the way towards that goal by already having several solar and wind farms providing electricity now. The latest of these is the 11MW Williamsdale solar farm which was officially opened today. It was funded by investors led by Australia’s Impact Investment Group which aimed to deliver a return of 10% per annum. The government has pledged to buy the electricity for 20 years. With this success, Impact aims to launch a second solar investment fund. The ACT Government (Canberra) is keen to help mitigate climate change and also has a goal to have zero net greenhouse gas emissions by 2050.

For more information see Impact plans second solar investment fund as Williamsdale opens. By Giles Parkinson, 5 October, 2017, RenewEconomy