This (confusingly written) article explains why SOO HAS to get into project finance http://www.renewableenergyworld.com/rea/blog/post/2012/04/financing-pv-in-australia-just-a-little-bit-different ;
growth in PV in number/size/value of projects will be in the commercial sector which will understand and demand the cash flow necessity of financing PV, this is where the growth is (E.g. residential installs in Oz are running at about 30MW/month http://ret.cleanenergyregulator.gov.au/ArticleDocuments/205/RET-data-0412.xls.aspx
, commercial and utility installs of 0.5 - 10MW are ramping up in WA, Qld and Canberra so the commercial/utility is where the volume market is).
These larger projects will skip the wholesaler (SOO) and buy their panels directly from the manufacturer by the multi-container load.
No finance capability in-house or seamlessly on-call = no large project = no SOO
GOE Price at posting:
4.7¢ Sentiment: Hold Disclosure: Held
