1 min read

Foresight Acquires Three Queensland Projects

The London-based Foresight Solar Fund is planning to acquire three solar projects that are under construction in Queensland after paying a $55 million debt facility from the Clean Energy Finance Corporation as reported by The Australian Financial Review.

The purchase of the three solar farms from Canadian Solar will enhance the Foresight portfolio in Australia to 252 megawatts building on the acquisition of the Bannerton project in Victoria last September of 2017 and the Barcaldine project in Queensland in the early part of 2017.

According to Foresight partner Ricardo Pineiro, the 146 megawatts of new assets will ensure more diversity across the company’s portfolio. According to Gloria Chan, CEFC lead for large-scale solar, as part of their Foresight investment, the company will collaborate with the Australian Energy Market Operator in installing 5-minute forecasting technology that will ensure stability on the grid.

Click here to read the full story on The Australian Financial Review

Daniel Harper

Q&A with Daniel Harper, Director of Cool Planet

Q&A with Daniel Harper: Australian sustainability options in 2007 vs 2022, corporate Australia’s changing view towards sustainability, and what...

Read More
Renewable energy

Comparing Australia and the UK in Going Green

A comparison between Australia and the United Kingdom when it comes to solar power may appear an unusual endeavour at first glance. After all, while...

Read More
Michelle Leishman

Q&A with Professor Michelle Leishman

Q&A with Professor Michelle Leishman: The Importance of Green Cities, Renewable Energy, and Native Vegetation to Australia’s Future


Read More