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Investors flock to brisk wind and solar market

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Big investors are still lining up to buy high-quality renewable energy projects, which are hitting the market thanks to electricity grid bottlenecks and plunging prices for solar and wind power.

Analysts say a healthy secondary market for wind and solar farms is developing in Australia despite major problems in the grid, now that many projects are complete, off-take agreements locked in, connections plugged in, and earnings potential is modelled for the next decade.

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Elouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au

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    Original URL: https://www.afr.com/policy/energy-and-climate/brisk-market-in-wind-and-solar-asset-20201208-p56lkq