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10.3%

4.3¢ carnegie clean energy limited

Northam Solar Farm, page-30

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cambellm

81 Posts.

22/03/18

01:17

Post #: 31934893
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Originally posted by Megafauna ↑

There is another merchant solar farm being built in the Wheatbelt which makes me believe that it is Western Power's preference to have that arrangement.

You would have to think some assurances would have been made for both companies to go ahead without a PPA?

http://reneweconomy.com.au/australi...olar-farm-inks-deal-with-western-power-90878/

"The Cunderdin Solar Farm, which is sited on the outskirts of a WA town of the same name, will be built in two phases: the first a single-axis tracking array with a capacity of 85MW; the second, a further 43MW to make 128MW in total.

The contracts with Western Power come almost one full year after the project was approved for development by the Mid-West Wheatbelt Joint Development Assessment Panel, and ahead of the plant’s construction, which is slated to begin in the first quarter of 2018."

It seems CCE are not the only company that get's held up in WA.

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I hold some of this stock and think its a good stock that fills a void in many rural farming or mining areas that need small steady power supply solutions to reduce reliance on diesel or other fuels.

CCE Price at posting: 3.9¢ Sentiment: Buy Disclosure: Held
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