And following announcement of commencement of construction of the solar plant (which might take 6 months including connection to network) why not just carry straight on to the full 259 MW?
The crews will be on site, the supply chain humming along, panel prices will have dropped (USA and China incentives decreasing) and the supply of LGC carbon credits will be diminishing pushing relinquishment prices up and gentailer need to buy them up increasing the income from this source. http://reneweconomy.com.au/renewable-energy-investment-drought-broken-65843/
I hope GNX does continue straight on to the bigger PV plant..
Barcaldine 25 MW PV up and running quicker than planned.
100 MW Sunbrilliance PV at Cunderdin about to start construction
1 GW PV at Cecil Plains may/may not get under way
Longreach PV about to start.
GNX Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held