Solar Farms

Solar Farms are sometimes referred as Photovoltaic Power Stations, typically large-scale ground-mounted solar installations (generally megawatts) as opposed to the standard roof mounted solar panels (kilowatts). They also contrast in their size, purpose and location. Solar Farms, Solar Ranches or Solar Parks are large Utility-Scale Solar usually designed for heavy energy usage such as industries or to sell energy into the grid or an electricity retailer.

With escalating electricity cost and affordable Solar solutions available quite effortlessly, the number of solar installations in Australia have increased remarkably.

An example for such is Solar gardens, a collection of solar panels situated off site that provide an opportunity to are either own or lease the panels by its consumers. They provide access to solar for users that have space restrictions or other constraints on their own roofs. While these are mostly created for a collection of residents or small-scale industries, the size of Solar farms begins with 500 kilowatts and have no upper limit. Solar systems over 100kW in capacity are eligible to create large-scale generation certificates (LGCs), which provide an ongoing revenue stream for the owner/investors.

Solar farming is a lucrative investment for large energy users, particularly where the land is of negligible merit. It provides the possibility to develop and elevate the value of land. Solar farms are best suited when users are located nearby or on site

Lands best suited for solar farm development:

  • Located in close proximity to an electrical substation.
  • Have at least 20 years availability.
  • Have a fairly flat land with minimal slope.
  • Area of the land to be at least 2-3 hectares for 1 Megawatt.
  • Have no shading from vegetation.

You will consume the energy yourself. If you have heavy daytime electricity usage.

You will sell the energy into the grid. If your solar farm is located near any grids, electricity could be sold on the open market. As wholesale electricity markets can be volatile and unpredictable, this could be risky option

You will sell the energy to a large consumer. You will have an agreement with a large energy consumer or electricity retailer to purchase the energy that your solar farm produces at a predetermined rate.

Quality control –

  • safety requirements,
  • construction standards,
  • performance standards,
  • reliability and durability standards.

    It is important to consider the safety requirements, construction, performance, reliability and durability standards when deciding on Power Stations. Power degradation and warranty provided by the manufacturer should include testing records for the module’s degradation.

Target Solar manages Solar tenders for numerous projects and clients across Australia. We have experienced in-house engineers and professional teams that facilitate our clients’ needs in accordance with their budgets and financial constraints. We offer Finance through our partner companies such as Multipli to clients who meet the eligibility criteria.

Finance options

Available Finance options

The construction stage of the project will proceed when financial arrangements have been secured to pay the contractors who will build the solar farm. Large-scale solar projects rely on finance to enable construction.

Solar project financing options

  • Cash
  • Solar power purchase agreement
  • Operation Lease

Paying by cash

Solar Farm

This financing option for any commercial project may be attractive as it gives the full ownership of the business with zero interest and no on-going payments. Paying upfront is simple and easy to understand with no third-party interference. Moreover, in commercial solar a tax depreciation of 5% per annum is achieved for 20 years as per ATO. However, investing into a commercial solar project can be difficult to invest large capital in one core business activity against other business priorities.

Solar PPA and Operating lease

Solar Farm

With Target Solar you have the choice to decide whether you would like to opt for a Power Purchase Agreement or go for Solar Lease. PPA and Operating lease provide simplified solutions for your organisation to have access to economical, green and reliable energy. Terms for a power purchase agreement may be negotiated between the owners/ developers and businesses/industries with high energy loads.

  • Remove the burden of the ownership of the solar system
  • Saving on electricity bills and the bill remains as operational expense
  • Provides generation guarantees
  • Eliminates risk from spikes in electricity prices
  • Potential of expanding system in future

Installation of Solar Farms

Solar Farm

Construction: A series of mounting frames are installed by driving piles or poles into the soil. The frames are attached to these piles and finally the Solar panels are installed on these mounting frames.

Grid connection and commissioning:

In the final stage of construction, the central substation is connected to the external energy transmission grid. This is typically via the 132 KV (or higher) high-voltage grid. Quality and safety checks are undertaken before commissioning.

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